On Monday, Pineapple Financial (NYSE: PAPL) reported its Q2 2026 results after market close. Earnings per share decreased compared to a year earlier, while revenue also declined.
The company recorded earnings of $-1.21 per share for the quarter, compared to $-0.09 a year earlier. Revenue for the quarter was $0.71 million, down from $0.74 million a year earlier.
Gross billings for the three-month period ended February 28, 2026, were approximately $3.3 million.
Adjusted operating income was approximately $0.125 million, with adjusted EBITDA at $0.4 million.
Pineapple Financial reaffirmed its fiscal 2026 outlook, projecting full-year revenue between $7.7 million and $9.5 million.
Shubha Dasgupta, Chief Executive Officer of Pineapple Financial, said: “Q2 marked a transition from restructuring to execution, as we strengthened our balance sheet, reduced our cost base, and advanced our Digital Asset Treasury strategy.”
In after-hours trading, shares of Pineapple Financial fell to $0.59, a decrease of $0.04 from the end-of-day price of $0.63. During the regular trading session, the stock has a 52-week low of $0.20 and high of $9.53.
