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Side-by-side financial comparison of Cheer Holding, Inc. (CHR) and Planet Labs PBC (PL). Click either name above to swap in a different company.

Planet Labs PBC is the larger business by last-quarter revenue ($81.3M vs $71.0M, roughly 1.1× Cheer Holding, Inc.). Cheer Holding, Inc. runs the higher net margin — 10.9% vs -72.8%, a 83.8% gap on every dollar of revenue. On growth, Planet Labs PBC posted the faster year-over-year revenue change (32.6% vs -0.1%).

Cheer Holding, Inc. is a diversified holding company primarily operating in the Chinese market, with core business segments covering early childhood education services, mobile lifestyle platforms, digital content offerings, and integrated consumer solutions for households and enterprise partners across multiple demand scenarios.

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.

CHR vs PL — Head-to-Head

Bigger by revenue
PL
PL
1.1× larger
PL
$81.3M
$71.0M
CHR
Growing faster (revenue YoY)
PL
PL
+32.7% gap
PL
32.6%
-0.1%
CHR
Higher net margin
CHR
CHR
83.8% more per $
CHR
10.9%
-72.8%
PL

Income Statement — Q2 FY2025 vs Q3 FY2026

Metric
CHR
CHR
PL
PL
Revenue
$71.0M
$81.3M
Net Profit
$7.8M
$-59.2M
Gross Margin
70.7%
57.3%
Operating Margin
11.7%
-22.6%
Net Margin
10.9%
-72.8%
Revenue YoY
-0.1%
32.6%
Net Profit YoY
-37.5%
-194.7%
EPS (diluted)
$0.67
$-0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHR
CHR
PL
PL
Q4 25
$81.3M
Q3 25
$73.4M
Q2 25
$71.0M
$66.3M
Q1 25
$61.6M
Q4 24
$61.3M
Q3 24
$61.1M
Q2 24
$71.1M
$60.4M
Q1 24
$58.9M
Net Profit
CHR
CHR
PL
PL
Q4 25
$-59.2M
Q3 25
$-22.6M
Q2 25
$7.8M
$-12.6M
Q1 25
$-35.2M
Q4 24
$-20.1M
Q3 24
$-38.7M
Q2 24
$12.4M
$-29.3M
Q1 24
$-30.1M
Gross Margin
CHR
CHR
PL
PL
Q4 25
57.3%
Q3 25
57.6%
Q2 25
70.7%
55.2%
Q1 25
62.1%
Q4 24
61.2%
Q3 24
52.9%
Q2 24
73.4%
52.4%
Q1 24
55.2%
Operating Margin
CHR
CHR
PL
PL
Q4 25
-22.6%
Q3 25
-24.5%
Q2 25
11.7%
-34.4%
Q1 25
-31.5%
Q4 24
-36.9%
Q3 24
-64.8%
Q2 24
16.4%
-57.2%
Q1 24
-57.6%
Net Margin
CHR
CHR
PL
PL
Q4 25
-72.8%
Q3 25
-30.8%
Q2 25
10.9%
-19.1%
Q1 25
-57.1%
Q4 24
-32.8%
Q3 24
-63.3%
Q2 24
17.5%
-48.5%
Q1 24
-51.1%
EPS (diluted)
CHR
CHR
PL
PL
Q4 25
$-0.19
Q3 25
$-0.07
Q2 25
$0.67
$-0.04
Q1 25
$-0.12
Q4 24
$-0.07
Q3 24
$-0.13
Q2 24
$1.23
$-0.10
Q1 24
$-0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHR
CHR
PL
PL
Cash + ST InvestmentsLiquidity on hand
$443.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$322.1M
$349.6M
Total Assets
$362.7M
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHR
CHR
PL
PL
Q4 25
$443.3M
Q3 25
$181.1M
Q2 25
$133.5M
Q1 25
$118.0M
Q4 24
$139.0M
Q3 24
$148.3M
Q2 24
$186.1M
$107.4M
Q1 24
$83.9M
Stockholders' Equity
CHR
CHR
PL
PL
Q4 25
$349.6M
Q3 25
$435.7M
Q2 25
$322.1M
$444.8M
Q1 25
$441.3M
Q4 24
$464.6M
Q3 24
$473.2M
Q2 24
$286.1M
$500.3M
Q1 24
$518.0M
Total Assets
CHR
CHR
PL
PL
Q4 25
$1.1B
Q3 25
$696.4M
Q2 25
$362.7M
$658.4M
Q1 25
$633.8M
Q4 24
$630.8M
Q3 24
$658.4M
Q2 24
$333.2M
$674.6M
Q1 24
$702.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHR
CHR
PL
PL
Operating Cash FlowLast quarter
$3.9M
$28.6M
Free Cash FlowOCF − Capex
$1.9M
FCF MarginFCF / Revenue
2.3%
Capex IntensityCapex / Revenue
32.9%
Cash ConversionOCF / Net Profit
0.51×
TTM Free Cash FlowTrailing 4 quarters
$40.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHR
CHR
PL
PL
Q4 25
$28.6M
Q3 25
$67.8M
Q2 25
$3.9M
$17.3M
Q1 25
$-6.3M
Q4 24
$4.1M
Q3 24
$-7.9M
Q2 24
$-6.7M
$-4.3M
Q1 24
$-6.8M
Free Cash Flow
CHR
CHR
PL
PL
Q4 25
$1.9M
Q3 25
$47.5M
Q2 25
$9.2M
Q1 25
$-17.9M
Q4 24
$-3.6M
Q3 24
$-23.0M
Q2 24
$-14.2M
Q1 24
$-15.7M
FCF Margin
CHR
CHR
PL
PL
Q4 25
2.3%
Q3 25
64.7%
Q2 25
13.9%
Q1 25
-29.1%
Q4 24
-5.8%
Q3 24
-37.6%
Q2 24
-23.6%
Q1 24
-26.7%
Capex Intensity
CHR
CHR
PL
PL
Q4 25
32.9%
Q3 25
27.6%
Q2 25
12.3%
Q1 25
18.9%
Q4 24
12.5%
Q3 24
24.8%
Q2 24
16.4%
Q1 24
15.1%
Cash Conversion
CHR
CHR
PL
PL
Q4 25
Q3 25
Q2 25
0.51×
Q1 25
Q4 24
Q3 24
Q2 24
-0.54×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CHR
CHR

Segment breakdown not available.

PL
PL

Defense And Intelligence$49.4M61%
Civil Government$18.8M23%
Commercial$13.1M16%

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