# Public Policy Holding Company, Inc. (PPHC)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $175M  
**Price:** $10.04 (-5.73%)

> Public Policy Holding Company, Inc. is a Washington, D.C.-based global strategic communications platform specializing in government relations, public affairs, and corporate communications services. Founded in 2014, it operates a bipartisan portfolio of 12 independent firms that deliver integrated advisory solutions to approximately 1,400 active clients, including corporations, trade associations, and non-profits across key sectors such as healthcare, pharmaceuticals, financial services, energy, technology, telecoms, and transportation. The company supports clients in navigating regulatory risks, advancing policy objectives, enhancing reputations, and engaging policymakers, stakeholders, media, and the public through services like lobbying, research and analytics, digital advocacy, compliance, and strategic messaging. With 18 offices spanning the United States, United Kingdom, Shanghai, Abu Dhabi, and Dubai, Public Policy Holding Company, Inc. manages public policy challenges across multiple jurisdictions and was recognized as the largest provider of federal contract lobbying services in the U.S. for four consecutive years through 2023, generating $68.2 million in disclosed lobbying revenue. Its holding company model fosters cross-selling and referrals, driving resilient revenue growth amid economic and political volatility.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $187M | $19M | -$34M | -$39M | $-2.37 |
| 2024 | $150M | $17M | -$18M | -$24M | $-2.34 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $203M | $128M | $75M | $20M | $47M |
| 2024 | $174M | $93M | $81M | $15M | $32M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $25M | $11,000 | $25M |
| 2024 | $16M | $56,000 | $16M |

Source: [CompaniesByCap](https://companiesbycap.com/company/PPHC)