Pineapple Financial shares surge 70.13% premarket after Q1 results, $51.2M DAT valuation, and FY2026 guidance boost confidence.

Pineapple Financial surged 70.13% in premarket trading following its Q1 2026 earnings report, which highlighted a $51.2 million Digital Asset Treasury (DAT) valuation and FY2026 guidance of $17.5–20.8 million in gross billings and $7.9–9.5 million in revenue. The DAT, comprising 6.6 million Injective (INJ) tokens and $16.4 million in cash/stablecoins, underscored the company’s strategic shift toward capital efficiency and recurring revenue through mortgage tokenization, a Mortgage Data Marketplace, and Pineapple Prime. Management emphasized disciplined cost management, agent network growth targets (700–1,000 gross agents), and a path to positive operating income in 2026. These developments, including the DAT’s valuation and forward-looking targets, signaled progress toward operational scalability and durable earnings, driving the sharp premarket rally.