Planet Labs (PL)
Maps global change with daily satellite imagery, analytics, and customer satellite services.
$17.09
vs last close+0.02 (+0.09%)
In millions of USD, except per-share figures
| In millions | Q3 FY24Oct 2023 | Q4 FY24Jan 2024 | Q1 FY25Apr 2024 | Q2 FY25Jul 2024 | Q3 FY25Oct 2024 | Q4 FY25Jan 2025 | Q1 FY26Apr 2025 | Q2 FY26Jul 2025 | Q3 FY26Oct 2025 | Q4 FY26Jan 2026 | Q1 FY27Apr 2026 | Q2 FY27Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | 59 | 60 | 61 | 61 | 62 | 66 | 73 | 81 | 87 | 94 | 116 |
| Cost of revenue | 29 | 26 | 29 | 29 | 24 | 23 | 30 | 31 | 35 | 40 | 44 | 50 |
| Gross profit | 26 | 32 | 32 | 32 | 38 | 38 | 37 | 42 | 47 | 47 | 50 | 66 |
| 74 | 66 | 66 | 72 | 60 | 58 | 59 | 60 | 65 | 83 | 85 | 79 | |
| Research & development | 33 | 28 | 26 | 27 | 25 | 23 | 23 | 24 | 27 | 32 | 33 | 35 |
| 41 | 38 | 41 | 45 | 35 | 35 | 36 | 36 | 38 | 51 | 52 | 44 | |
| Selling & marketing | 21 | 20 | 21 | 24 | 17 | 16 | 16 | 18 | 19 | 20 | 23 | 21 |
| General & administrative | 20 | 18 | 19 | 21 | 18 | 19 | 20 | 18 | 19 | 31 | 29 | 22 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −48 | −34 | −35 | −40 | −23 | −19 | −23 | −18 | −18 | −36 | −35 | −14 |
| 10 | 3 | 6 | 2 | 3 | −15 | 11 | −4 | −40 | −114 | −103 | 5 | |
| Interest income | 3 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 4 | 6 | 5 | 6 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 |
| Other non-operating income | −10 | −3 | −6 | −2 | 0 | 15 | −11 | 4 | 39 | 112 | 102 | −6 |
| Income before tax | −38 | −31 | −29 | −38 | −20 | −34 | −12 | −22 | −58 | −150 | −138 | −9 |
| Income tax expense | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 0 | 1 | 2 | 1 | 1 |
| Net income from continuing operations | −38 | −30 | −29 | −39 | −20 | −35 | −13 | −23 | −59 | −152 | −139 | −9 |
| Net income | −38 | −30 | −29 | −39 | −20 | −35 | −13 | −23 | −59 | −152 | −139 | −9 |
| EPS, basic | −$0.13 | −$0.11 | −$0.10 | −$0.13 | −$0.07 | −$0.12 | −$0.04 | −$0.07 | −$0.19 | −$0.48 | −$0.40 | −$0.03 |
| EPS, diluted | −$0.13 | −$0.11 | −$0.10 | −$0.13 | −$0.07 | −$0.12 | −$0.04 | −$0.07 | −$0.19 | −$0.48 | −$0.40 | −$0.03 |
| Weighted average shares, basic | 284 | 287 | 288 | 290 | 293 | 296 | 300 | 304 | 309 | 317 | 346 | 360 |
| Weighted average shares, diluted | 284 | 287 | 288 | 290 | 293 | 296 | 300 | 304 | 309 | 317 | 346 | 360 |
| EBITDA | −24 | −19 | −16 | −25 | −13 | −25 | −1 | −11 | −47 | −138 | −125 | 4 |
| Depreciation & amortization | 14 | 12 | 13 | 13 | 10 | 9 | 11 | 11 | 10 | 10 | 11 | 11 |
| EBIT | −38 | −31 | −29 | −38 | −23 | −34 | −12 | −22 | −57 | −148 | −136 | −7 |
