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Side-by-side financial comparison of DORIAN LPG LTD. (LPG) and Planet Labs PBC (PL). Click either name above to swap in a different company.

DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $81.3M, roughly 1.5× Planet Labs PBC). DORIAN LPG LTD. runs the higher net margin — 39.3% vs -72.8%, a 112.2% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 32.6%). Over the past eight quarters, Planet Labs PBC's revenue compounded faster (17.5% CAGR vs -7.9%).

Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.

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.

LPG vs PL — Head-to-Head

Bigger by revenue
LPG
LPG
1.5× larger
LPG
$120.0M
$81.3M
PL
Growing faster (revenue YoY)
LPG
LPG
+16.1% gap
LPG
48.7%
32.6%
PL
Higher net margin
LPG
LPG
112.2% more per $
LPG
39.3%
-72.8%
PL
Faster 2-yr revenue CAGR
PL
PL
Annualised
PL
17.5%
-7.9%
LPG

Income Statement — Q3 FY2026 vs Q3 FY2026

Metric
LPG
LPG
PL
PL
Revenue
$120.0M
$81.3M
Net Profit
$47.2M
$-59.2M
Gross Margin
57.3%
Operating Margin
42.8%
-22.6%
Net Margin
39.3%
-72.8%
Revenue YoY
48.7%
32.6%
Net Profit YoY
120.9%
-194.7%
EPS (diluted)
$1.11
$-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
LPG
LPG
PL
PL
Q4 25
$120.0M
$81.3M
Q3 25
$124.1M
$73.4M
Q2 25
$84.2M
$66.3M
Q1 25
$75.9M
$61.6M
Q4 24
$80.7M
$61.3M
Q3 24
$82.4M
$61.1M
Q2 24
$114.4M
$60.4M
Q1 24
$141.4M
$58.9M
Net Profit
LPG
LPG
PL
PL
Q4 25
$47.2M
$-59.2M
Q3 25
$55.4M
$-22.6M
Q2 25
$10.1M
$-12.6M
Q1 25
$8.1M
$-35.2M
Q4 24
$21.4M
$-20.1M
Q3 24
$9.4M
$-38.7M
Q2 24
$51.3M
$-29.3M
Q1 24
$79.2M
$-30.1M
Gross Margin
LPG
LPG
PL
PL
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%
Q1 24
55.2%
Operating Margin
LPG
LPG
PL
PL
Q4 25
42.8%
-22.6%
Q3 25
47.8%
-24.5%
Q2 25
18.5%
-34.4%
Q1 25
19.4%
-31.5%
Q4 24
29.0%
-36.9%
Q3 24
23.2%
-64.8%
Q2 24
48.5%
-57.2%
Q1 24
58.3%
-57.6%
Net Margin
LPG
LPG
PL
PL
Q4 25
39.3%
-72.8%
Q3 25
44.6%
-30.8%
Q2 25
12.0%
-19.1%
Q1 25
10.7%
-57.1%
Q4 24
26.5%
-32.8%
Q3 24
11.4%
-63.3%
Q2 24
44.9%
-48.5%
Q1 24
56.0%
-51.1%
EPS (diluted)
LPG
LPG
PL
PL
Q4 25
$1.11
$-0.19
Q3 25
$1.30
$-0.07
Q2 25
$0.24
$-0.04
Q1 25
$0.17
$-0.12
Q4 24
$0.50
$-0.07
Q3 24
$0.22
$-0.13
Q2 24
$1.25
$-0.10
Q1 24
$1.96
$-0.10

Balance Sheet & Financial Strength

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

Metric
LPG
LPG
PL
PL
Cash + ST InvestmentsLiquidity on hand
$294.5M
$443.3M
Total DebtLower is stronger
$513.2M
Stockholders' EquityBook value
$1.1B
$349.6M
Total Assets
$1.8B
$1.1B
Debt / EquityLower = less leverage
0.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
LPG
LPG
PL
PL
Q4 25
$294.5M
$443.3M
Q3 25
$268.3M
$181.1M
Q2 25
$277.9M
$133.5M
Q1 25
$316.9M
$118.0M
Q4 24
$314.5M
$139.0M
Q3 24
$348.6M
$148.3M
Q2 24
$353.3M
$107.4M
Q1 24
$282.5M
$83.9M
Total Debt
LPG
LPG
PL
PL
Q4 25
$513.2M
Q3 25
$526.4M
Q2 25
$539.6M
Q1 25
$553.3M
Q4 24
$565.9M
Q3 24
$579.0M
Q2 24
$592.1M
Q1 24
$605.1M
Stockholders' Equity
LPG
LPG
PL
PL
Q4 25
$1.1B
$349.6M
Q3 25
$1.1B
$435.7M
Q2 25
$1.0B
$444.8M
Q1 25
$1.0B
$441.3M
Q4 24
$1.1B
$464.6M
Q3 24
$1.1B
$473.2M
Q2 24
$1.1B
$500.3M
Q1 24
$1.0B
$518.0M
Total Assets
LPG
LPG
PL
PL
Q4 25
$1.8B
$1.1B
Q3 25
$1.8B
$696.4M
Q2 25
$1.7B
$658.4M
Q1 25
$1.8B
$633.8M
Q4 24
$1.8B
$630.8M
Q3 24
$1.9B
$658.4M
Q2 24
$1.9B
$674.6M
Q1 24
$1.8B
$702.0M
Debt / Equity
LPG
LPG
PL
PL
Q4 25
0.47×
Q3 25
0.49×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.53×
Q3 24
0.53×
Q2 24
0.53×
Q1 24
0.59×

Cash Flow & Capital Efficiency

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

Metric
LPG
LPG
PL
PL
Operating Cash FlowLast quarter
$80.8M
$28.6M
Free Cash FlowOCF − Capex
$1.9M
FCF MarginFCF / Revenue
2.3%
Capex IntensityCapex / Revenue
32.9%
Cash ConversionOCF / Net Profit
1.71×
TTM Free Cash FlowTrailing 4 quarters
$40.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
LPG
LPG
PL
PL
Q4 25
$80.8M
$28.6M
Q3 25
$46.4M
$67.8M
Q2 25
$814.5K
$17.3M
Q1 25
$50.2M
$-6.3M
Q4 24
$24.3M
$4.1M
Q3 24
$57.3M
$-7.9M
Q2 24
$41.2M
$-4.3M
Q1 24
$154.2M
$-6.8M
Free Cash Flow
LPG
LPG
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
LPG
LPG
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
LPG
LPG
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
LPG
LPG
PL
PL
Q4 25
1.71×
Q3 25
0.84×
Q2 25
0.08×
Q1 25
6.20×
Q4 24
1.14×
Q3 24
6.08×
Q2 24
0.80×
Q1 24
1.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

LPG
LPG

Segment breakdown not available.

PL
PL

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

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