Planet Labs PBCPLEarnings & Financial Report
Planet Labs PBC, known as "Planet.", is a publicly traded American Earth imaging company based in San Francisco, California. Their goal is to image the entirety of the Earth daily to monitor changes and pinpoint trends.
PL Q3 FY2026 Key Financial Metrics
Revenue
$81.3M
Gross Profit
$46.6M
Operating Profit
$-18.3M
Net Profit
$-59.2M
Gross Margin
57.3%
Operating Margin
-22.6%
Net Margin
-72.8%
YoY Growth
32.6%
EPS
$-0.19
Planet Labs PBC Q3 FY2026 Financial Summary
Planet Labs PBC reported revenue of $81.3M (up 32.6% YoY) for Q3 FY2026, with a net profit of $-59.2M (down 194.7% YoY) (-72.8% margin). Cost of goods sold was $34.7M, operating expenses totaled $64.9M.
Key Financial Metrics
| Total Revenue | $81.3M |
|---|---|
| Net Profit | $-59.2M |
| Gross Margin | 57.3% |
| Operating Margin | -22.6% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
Planet Labs PBC Q3 FY2026 revenue of $81.3M breaks down across 3 segments, led by Defense And Intelligence at $49.4M (60.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Defense And Intelligence | $49.4M | 60.8% |
| Civil Government | $18.8M | 23.2% |
| Commercial | $13.1M | 16.1% |
Planet Labs PBC Revenue by Segment — Quarterly Trend
Planet Labs PBC revenue by segment across the last 4 reported quarters, showing how each business line (such as Defense And Intelligence and Civil Government) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Defense And Intelligence | $49.4M | $41.9M | — | — |
| Civil Government | $18.8M | $16.4M | $20.4M | — |
| Commercial | $13.1M | $15.1M | $14.1M | — |
Planet Labs PBC Annual Revenue by Year
Planet Labs PBC annual revenue history includes year-by-year totals (for example, 2025 revenue was $244.4M).
Planet Labs PBC Quarterly Revenue & Net Profit History
Planet Labs PBC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $81.3M | +32.6% | $-59.2M | -72.8% |
| Q2 FY2026 | $73.4M | +20.1% | $-22.6M | -30.8% |
| Q1 FY2026 | $66.3M | +9.6% | $-12.6M | -19.1% |
| Q4 FY2025 | $61.6M | +4.6% | $-35.2M | -57.1% |
| Q3 FY2025 | $61.3M | +10.6% | $-20.1M | -32.8% |
| Q2 FY2025 | $61.1M | +13.6% | $-38.7M | -63.3% |
| Q1 FY2025 | $60.4M | +14.7% | $-29.3M | -48.5% |
| Q4 FY2024 | $58.9M | +11.1% | $-30.1M | -51.1% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $58.9M | $60.4M | $61.1M | $61.3M | $61.6M | $66.3M | $73.4M | $81.3M |
| YoY Growth | 11.1% | 14.7% | 13.6% | 10.6% | 4.6% | 9.6% | 20.1% | 32.6% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $702.0M | $674.6M | $658.4M | $630.8M | $633.8M | $658.4M | $696.4M | $1.11B |
| Liabilities | $184.0M | $174.3M | $185.1M | $166.2M | $192.5M | $213.6M | $260.7M | $756.5M |
| Equity | $518.0M | $500.3M | $473.2M | $464.6M | $441.3M | $444.8M | $435.7M | $349.6M |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-6.8M | $-4.3M | $-7.9M | $4.1M | $-6.3M | $17.3M | $67.8M | $28.6M |