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.
Revenue
$66.3M
Gross Profit
$36.6M
Operating Profit
$-22.8M
Net Profit
$-12.6M
Gross Margin
55.2%
Operating Margin
-34.4%
Net Margin
-19.1%
YoY Growth
9.6%
EPS
$-0.04
Financial Flow
Planet Labs PBC Q1 2026 Financial Summary
Planet Labs PBC reported revenue of $66.3M (up 9.6% YoY) for Q1 2026, with a net profit of $-12.6M (up 56.9% YoY) (-19.1% margin). Cost of goods sold was $29.7M, operating expenses totaled $59.4M.
Key Financial Metrics
| Total Revenue | $66.3M |
|---|---|
| Net Profit | $-12.6M |
| Gross Margin | 55.2% |
| Operating Margin | -34.4% |
| Report Period | Q1 2026 |
Revenue Breakdown
Planet Labs PBC Q1 2026 revenue of $66.3M breaks down across 4 segments, led by Other at $25.7M (38.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $25.7M | 38.7% |
| Civil Government | $20.4M | 30.7% |
| Commercial | $14.1M | 21.3% |
| Related Party | $6.1M | 9.2% |
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 Other and Civil Government) has evolved quarter over quarter.
| Segment | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 |
|---|---|---|---|---|
| Other | — | — | $25.7M | — |
| Civil Government | $18.8M | $16.4M | $20.4M | — |
| Commercial | $13.1M | $15.1M | $14.1M | — |
| Related Party | — | — | $6.1M | — |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $244.4M |
| 2024 | $220.7M |
| 2023 | $191.3M |
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 2026 | $81.3M | +32.6% | $-59.2M | -72.8% |
| Q2 2026 | $73.4M | +20.1% | $-22.6M | -30.8% |
| Q1 2026 | $66.3M | +9.6% | $-12.6M | -19.1% |
| Q4 2025 | $61.6M | +4.6% | $-35.2M | -57.1% |
| Q3 2025 | $61.3M | +10.6% | $-20.1M | -32.8% |
| Q2 2025 | $61.1M | +13.6% | $-38.7M | -63.3% |
| Q1 2025 | $60.4M | +14.7% | $-29.3M | -48.5% |
| Q4 2024 | $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 |