People Inc
For the period ended Nov 2, 2026. Filed Nov 2, 2026.
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Nov 2, 2026 · Filed Nov 2, 2026
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PPLI$42.08+2.6%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · ($ in thousands except per share data)
($ in thousands except per share data)
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $430,820 | $447,115 | $1,273,353 | $1,301,719 |
| Operating costs and expenses: | ||||
| Cost of revenue (exclusive of depreciation shown separately below) | 155,686 | 171,852 | 464,162 | 488,769 |
| Selling and marketing expense | 118,827 | 130,132 | 361,765 | 385,470 |
| General and administrative expense | 96,552 | 108,101 | 312,554 | 246,019 |
| Product development expense | 34,339 | 33,519 | 102,657 | 100,994 |
| Depreciation | 9,226 | 8,235 | 24,044 | 26,744 |
| Amortization of intangibles | 19,237 | 22,521 | 57,321 | 67,357 |
| Total operating costs and expenses | 433,867 | 474,360 | 1,322,503 | 1,315,353 |
| Operating loss | (3,047) | (27,245) | (49,150) | (13,634) |
| Interest expense | (26,048) | (27,636) | (77,771) | (93,117) |
| Unrealized (loss) gain on investment in MGM Resorts International | (1,119,943) | 17,476 | (364,256) | 648 |
| Other income (expense), net | 185,770 | (18,447) | 210,400 | (8,019) |
| Loss from continuing operations before income taxes | (963,268) | (55,852) | (280,777) | (114,122) |
| Income tax benefit | 278,368 | 3,108 | 111,130 | 3,515 |
| Net loss from continuing operations | (684,900) | (52,744) | (169,647) | (110,607) |
| Loss on the sale of Care.com, net of income taxes | — | — | (78,300) | — |
| (Loss) earnings from discontinued operations, net of income taxes | (160) | 31,007 | 56 | 84,935 |
| Net loss | (685,060) | (21,737) | (247,891) | (25,672) |
| Net earnings attributable to noncontrolling interests | (2,431) | (142) | (4,631) | (1,560) |
| Net loss attributable to People Incorporated shareholders | $(687,491) | $(21,879) | $(252,522) | $(27,232) |
| Per share information from continuing operations: | ||||
| Basic loss per share | $(9.15) | $(0.66) | $(2.31) | $(1.36) |
| Diluted loss per share | $(9.15) | $(0.66) | $(2.31) | $(1.36) |
| Per share information attributable to People Incorporated common stock and Class B common stock shareholders: | ||||
| Basic loss per share | $(9.15) | $(0.27) | $(3.34) | $(0.34) |
| Diluted loss per share | $(9.15) | $(0.27) | $(3.34) | $(0.34) |
| Stock-based compensation expense by function: | ||||
| Cost of revenue | $291 | $377 | $819 | $1,151 |
| Selling and marketing expense | 627 | 930 | 2,250 | 2,511 |
| General and administrative expense | 23,606 | 13,752 | 71,352 | 6,907 |
| Product development expense | 558 | 818 | 2,070 | 2,228 |
| Total stock-based compensation expense | $25,082 | $15,877 | $76,491 | $12,797 |
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