vs

Side-by-side financial comparison of California Resources Corp (CRC) and Planet Labs PBC (PL). Click either name above to swap in a different company.

California Resources Corp is the larger business by last-quarter revenue ($119.0M vs $81.3M, roughly 1.5× Planet Labs PBC). Planet Labs PBC produced more free cash flow last quarter ($1.9M vs $-32.0M). Over the past eight quarters, Planet Labs PBC's revenue compounded faster (17.5% CAGR vs -46.3%).

California Resources Corporation is an American energy corporation engaged in hydrocarbon exploration in California. It is organized in Delaware and headquartered in Long Beach, California. Its mineral acreage holdings in California constitute the largest privately held position in the state.

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.

CRC vs PL — Head-to-Head

Bigger by revenue
CRC
CRC
1.5× larger
CRC
$119.0M
$81.3M
PL
More free cash flow
PL
PL
$33.9M more FCF
PL
$1.9M
$-32.0M
CRC
Faster 2-yr revenue CAGR
PL
PL
Annualised
PL
17.5%
-46.3%
CRC

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
CRC
CRC
PL
PL
Revenue
$119.0M
$81.3M
Net Profit
$-59.2M
Gross Margin
57.3%
Operating Margin
-597.5%
-22.6%
Net Margin
-72.8%
Revenue YoY
32.6%
Net Profit YoY
-194.7%
EPS (diluted)
$-8.02
$-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
CRC
CRC
PL
PL
Q1 26
$119.0M
Q4 25
$679.0M
$81.3M
Q3 25
$715.0M
$73.4M
Q2 25
$702.0M
$66.3M
Q1 25
$814.0M
$61.6M
Q4 24
$826.0M
$61.3M
Q3 24
$870.0M
$61.1M
Q2 24
$412.0M
$60.4M
Net Profit
CRC
CRC
PL
PL
Q1 26
Q4 25
$12.0M
$-59.2M
Q3 25
$64.0M
$-22.6M
Q2 25
$172.0M
$-12.6M
Q1 25
$115.0M
$-35.2M
Q4 24
$33.0M
$-20.1M
Q3 24
$345.0M
$-38.7M
Q2 24
$8.0M
$-29.3M
Gross Margin
CRC
CRC
PL
PL
Q1 26
Q4 25
57.3%
Q3 25
57.6%
Q2 25
55.2%
Q1 25
62.1%
Q4 24
61.2%
Q3 24
52.9%
Q2 24
52.4%
Operating Margin
CRC
CRC
PL
PL
Q1 26
-597.5%
Q4 25
6.9%
-22.6%
Q3 25
13.7%
-24.5%
Q2 25
38.0%
-34.4%
Q1 25
22.9%
-31.5%
Q4 24
8.2%
-36.9%
Q3 24
59.5%
-64.8%
Q2 24
9.2%
-57.2%
Net Margin
CRC
CRC
PL
PL
Q1 26
Q4 25
1.8%
-72.8%
Q3 25
9.0%
-30.8%
Q2 25
24.5%
-19.1%
Q1 25
14.1%
-57.1%
Q4 24
4.0%
-32.8%
Q3 24
39.7%
-63.3%
Q2 24
1.9%
-48.5%
EPS (diluted)
CRC
CRC
PL
PL
Q1 26
$-8.02
Q4 25
$0.21
$-0.19
Q3 25
$0.76
$-0.07
Q2 25
$1.92
$-0.04
Q1 25
$1.26
$-0.12
Q4 24
$0.87
$-0.07
Q3 24
$3.78
$-0.13
Q2 24
$0.11
$-0.10

Balance Sheet & Financial Strength

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

Metric
CRC
CRC
PL
PL
Cash + ST InvestmentsLiquidity on hand
$443.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$349.6M
Total Assets
$1.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRC
CRC
PL
PL
Q1 26
Q4 25
$132.0M
$443.3M
Q3 25
$196.0M
$181.1M
Q2 25
$72.0M
$133.5M
Q1 25
$214.0M
$118.0M
Q4 24
$372.0M
$139.0M
Q3 24
$241.0M
$148.3M
Q2 24
$1.0B
$107.4M
Total Debt
CRC
CRC
PL
PL
Q1 26
Q4 25
Q3 25
$1.0B
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.2B
Stockholders' Equity
CRC
CRC
PL
PL
Q1 26
$2.9B
Q4 25
$3.7B
$349.6M
Q3 25
$3.4B
$435.7M
Q2 25
$3.4B
$444.8M
Q1 25
$3.5B
$441.3M
Q4 24
$3.5B
$464.6M
Q3 24
$3.5B
$473.2M
Q2 24
$2.1B
$500.3M
Total Assets
CRC
CRC
PL
PL
Q1 26
Q4 25
$7.4B
$1.1B
Q3 25
$6.8B
$696.4M
Q2 25
$6.7B
$658.4M
Q1 25
$6.8B
$633.8M
Q4 24
$7.1B
$630.8M
Q3 24
$7.1B
$658.4M
Q2 24
$4.5B
$674.6M
Debt / Equity
CRC
CRC
PL
PL
Q1 26
Q4 25
Q3 25
0.29×
Q2 25
0.30×
Q1 25
0.29×
Q4 24
0.32×
Q3 24
0.32×
Q2 24
0.57×

Cash Flow & Capital Efficiency

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

Metric
CRC
CRC
PL
PL
Operating Cash FlowLast quarter
$99.0M
$28.6M
Free Cash FlowOCF − Capex
$-32.0M
$1.9M
FCF MarginFCF / Revenue
-26.9%
2.3%
Capex IntensityCapex / Revenue
32.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$380.0M
$40.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CRC
CRC
PL
PL
Q1 26
$99.0M
Q4 25
$235.0M
$28.6M
Q3 25
$279.0M
$67.8M
Q2 25
$165.0M
$17.3M
Q1 25
$186.0M
$-6.3M
Q4 24
$206.0M
$4.1M
Q3 24
$220.0M
$-7.9M
Q2 24
$97.0M
$-4.3M
Free Cash Flow
CRC
CRC
PL
PL
Q1 26
$-32.0M
Q4 25
$115.0M
$1.9M
Q3 25
$188.0M
$47.5M
Q2 25
$109.0M
$9.2M
Q1 25
$131.0M
$-17.9M
Q4 24
$118.0M
$-3.6M
Q3 24
$141.0M
$-23.0M
Q2 24
$63.0M
$-14.2M
FCF Margin
CRC
CRC
PL
PL
Q1 26
-26.9%
Q4 25
16.9%
2.3%
Q3 25
26.3%
64.7%
Q2 25
15.5%
13.9%
Q1 25
16.1%
-29.1%
Q4 24
14.3%
-5.8%
Q3 24
16.2%
-37.6%
Q2 24
15.3%
-23.6%
Capex Intensity
CRC
CRC
PL
PL
Q1 26
Q4 25
17.7%
32.9%
Q3 25
12.7%
27.6%
Q2 25
8.0%
12.3%
Q1 25
6.8%
18.9%
Q4 24
10.7%
12.5%
Q3 24
9.1%
24.8%
Q2 24
8.3%
16.4%
Cash Conversion
CRC
CRC
PL
PL
Q1 26
Q4 25
19.58×
Q3 25
4.36×
Q2 25
0.96×
Q1 25
1.62×
Q4 24
6.24×
Q3 24
0.64×
Q2 24
12.13×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRC
CRC

Segment breakdown not available.

PL
PL

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

Related Comparisons