People Inc. advertising spend, FY2025

People Inc. (PPLI) reported $328M of advertising expense for the fiscal year ended Dec 31, 2025. That is 13.7% of revenue of $2.4B. Up 3.3% from FY2024.

Ad spend, FY2025
$328M
year ended Dec 31, 2025
Change vs prior year
+3.3%
vs FY2024
Share of revenue
13.7%
of $2.4B revenue
Rank by ad spend
#163
of 336 companies

Key facts

  • Ad spend is 59% below its FY2020 level ($797M); revenue is 13% lower.
  • The highest year on file is FY2022 at $1B; FY2025 is 67% below it.
  • Largest increase +14.0% in FY2022; largest cut -60.4% in FY2023.
  • Ad spend is 13.7% of revenue, down from 28.8% in FY2020.
  • People Inc. spends more on advertising than 52% of the 336 US-listed companies tracked. Its ad-to-revenue ratio is 2.6x the median of 5.2%.

Ad spend by fiscal year

$0 $250M $500M $750M $1B FY2018 (ended 2018-12-31): $798M 2018 FY2019 (ended 2019-12-31): $795M 2019 FY2020 (ended 2020-12-31): $797M 2020 FY2021 (ended 2021-12-31): $877M 2021 FY2022 (ended 2022-12-31): $1B 2022 FY2023 (ended 2023-12-31): $396M 2023 FY2024 (ended 2024-12-31): $317M 2024 FY2025 (ended 2025-12-31): $328M 2025 $328M

Ad spend as % of revenue

0% 10% 20% 30% 40% FY2018 (ended 2018-12-31): 31.5% 2018 FY2019 (ended 2019-12-31): 31.7% 2019 FY2020 (ended 2020-12-31): 28.8% 2020 FY2021 (ended 2021-12-31): 23.7% 2021 FY2022 (ended 2022-12-31): 19.1% 2022 FY2023 (ended 2023-12-31): 9.1% 2023 FY2024 (ended 2024-12-31): 12.1% 2024 FY2025 (ended 2025-12-31): 13.7% 2025 13.7%

History

Download CSV
Fiscal year Period end Ad spend YoY Revenue Ad / revenue Tag Filing
FY2025 Dec 31, 2025 $328M +3.3% $2.4B 13.7% AdvertisingExpense 10-K Feb 20, 2026
FY2024 Dec 31, 2024 $317M -19.9% $2.6B 12.1% AdvertisingExpense 10-K Feb 20, 2026
FY2023 Dec 31, 2023 $396M -60.4% $4.4B 9.1% AdvertisingExpense 10-K Feb 20, 2026
FY2022 Dec 31, 2022 $1B +14.0% $5.2B 19.1% AdvertisingExpense 10-K Feb 28, 2025
FY2021 Dec 31, 2021 $877M +10.1% $3.7B 23.7% AdvertisingExpense 10-K Feb 29, 2024
FY2020 Dec 31, 2020 $797M +0.2% $2.8B 28.8% AdvertisingExpense 10-K Mar 1, 2023
FY2019 Dec 31, 2019 $795M -0.4% $2.5B 31.7% AdvertisingExpense 10-K Mar 1, 2022
FY2018 Dec 31, 2018 $798M n/a $2.5B 31.5% AdvertisingExpense 10-K Feb 17, 2021

What the figure is

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Compared with similar spenders

The 6 companies closest to People Inc. in latest-year ad spend.

Rank Company Ad spend Ad / revenue YoY Fiscal year
160 Weibo $338M 19.2% +5.7% FY2025
161 Angi $334M 32.4% +0.2% FY2025
162 Southwest Airlines $332M 1.2% -4.0% FY2025
163 People Inc. $328M 13.7% +3.3% FY2025
164 Celsius $319M 12.7% +43.9% FY2025
165 Hasbro $317M 5.9% -0.8% FY2025
166 Elanco Animal Health $314M 6.7% +33.1% FY2025

Full ranking of 336 companies · Biggest increases #200

Questions

How much does People Inc. spend on advertising?

People Inc. spent $328M on advertising in fiscal 2025, the year ended Dec 31, 2025, according to its 10-K filed Feb 20, 2026.

What percentage of revenue does People Inc. spend on advertising?

13.7% of revenue in fiscal 2025 ($328M of $2.4B). The median across the 336 companies tracked is 5.2%.

Is People Inc. spending more on advertising?

Yes. Ad spend rose 3.3% in fiscal 2025 from fiscal 2024.

How does People Inc. rank by advertising spend?

#163 of 336 US-listed companies with $100M or more in ad spend, ranked on each company's latest fiscal year.

What does People Inc.'s advertising figure include?

Advertising costs as disclosed in the annual report (XBRL tag AdvertisingExpense).

Source

Filing
10-K for FY2025, filed Feb 20, 2026
Accession number
0001628280-26-009997
Company
People Inc, CIK 1800227, SIC 7370 (Services-Computer Programming, Data Processing, Etc.)
Data
SEC EDGAR XBRL company facts, retrieved Nov 4, 2026. Methodology.
Cite
People Inc. advertising spend, FY2018-FY2025. Aleksei Trudov, io.trudov.com, from SEC EDGAR XBRL company facts (latest: 10-K filed Feb 20, 2026), retrieved Nov 4, 2026. https://io.trudov.com/company/people/advertising-spend/
Download
CSV, all years · CSV, all 336 companies