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

PAMT CORP is the larger business by last-quarter revenue ($141.3M vs $81.3M, roughly 1.7× Planet Labs PBC). PAMT CORP runs the higher net margin — -20.7% vs -72.8%, a 52.1% gap on every dollar of revenue. On growth, Planet Labs PBC posted the faster year-over-year revenue change (32.6% vs -15.1%). Planet Labs PBC produced more free cash flow last quarter ($1.9M vs $-25.0M). Over the past eight quarters, Planet Labs PBC's revenue compounded faster (17.5% CAGR vs -12.0%).

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.

PAMT vs PL — Head-to-Head

Bigger by revenue
PAMT
PAMT
1.7× larger
PAMT
$141.3M
$81.3M
PL
Growing faster (revenue YoY)
PL
PL
+47.8% gap
PL
32.6%
-15.1%
PAMT
Higher net margin
PAMT
PAMT
52.1% more per $
PAMT
-20.7%
-72.8%
PL
More free cash flow
PL
PL
$26.9M more FCF
PL
$1.9M
$-25.0M
PAMT
Faster 2-yr revenue CAGR
PL
PL
Annualised
PL
17.5%
-12.0%
PAMT

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
PAMT
PAMT
PL
PL
Revenue
$141.3M
$81.3M
Net Profit
$-29.3M
$-59.2M
Gross Margin
57.3%
Operating Margin
-27.0%
-22.6%
Net Margin
-20.7%
-72.8%
Revenue YoY
-15.1%
32.6%
Net Profit YoY
7.4%
-194.7%
EPS (diluted)
$-1.38
$-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
PAMT
PAMT
PL
PL
Q4 25
$141.3M
$81.3M
Q3 25
$150.3M
$73.4M
Q2 25
$151.1M
$66.3M
Q1 25
$155.3M
$61.6M
Q4 24
$166.5M
$61.3M
Q3 24
$182.6M
$61.1M
Q2 24
$182.9M
$60.4M
Q1 24
$182.6M
$58.9M
Net Profit
PAMT
PAMT
PL
PL
Q4 25
$-29.3M
$-59.2M
Q3 25
$-5.6M
$-22.6M
Q2 25
$-9.6M
$-12.6M
Q1 25
$-8.1M
$-35.2M
Q4 24
$-31.6M
$-20.1M
Q3 24
$2.4M
$-38.7M
Q2 24
$-2.9M
$-29.3M
Q1 24
$281.0K
$-30.1M
Gross Margin
PAMT
PAMT
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
PAMT
PAMT
PL
PL
Q4 25
-27.0%
-22.6%
Q3 25
-3.8%
-24.5%
Q2 25
-7.3%
-34.4%
Q1 25
-5.9%
-31.5%
Q4 24
-22.6%
-36.9%
Q3 24
1.3%
-64.8%
Q2 24
-0.4%
-57.2%
Q1 24
-0.4%
-57.6%
Net Margin
PAMT
PAMT
PL
PL
Q4 25
-20.7%
-72.8%
Q3 25
-3.7%
-30.8%
Q2 25
-6.4%
-19.1%
Q1 25
-5.2%
-57.1%
Q4 24
-19.0%
-32.8%
Q3 24
1.3%
-63.3%
Q2 24
-1.6%
-48.5%
Q1 24
0.2%
-51.1%
EPS (diluted)
PAMT
PAMT
PL
PL
Q4 25
$-1.38
$-0.19
Q3 25
$-0.27
$-0.07
Q2 25
$-0.46
$-0.04
Q1 25
$-0.37
$-0.12
Q4 24
$-1.44
$-0.07
Q3 24
$0.11
$-0.13
Q2 24
$-0.13
$-0.10
Q1 24
$0.01
$-0.10

Balance Sheet & Financial Strength

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

Metric
PAMT
PAMT
PL
PL
Cash + ST InvestmentsLiquidity on hand
$83.7M
$443.3M
Total DebtLower is stronger
$333.9M
Stockholders' EquityBook value
$210.5M
$349.6M
Total Assets
$697.9M
$1.1B
Debt / EquityLower = less leverage
1.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PAMT
PAMT
PL
PL
Q4 25
$83.7M
$443.3M
Q3 25
$115.6M
$181.1M
Q2 25
$117.3M
$133.5M
Q1 25
$102.7M
$118.0M
Q4 24
$110.7M
$139.0M
Q3 24
$92.3M
$148.3M
Q2 24
$114.0M
$107.4M
Q1 24
$125.8M
$83.9M
Total Debt
PAMT
PAMT
PL
PL
Q4 25
$333.9M
Q3 25
Q2 25
Q1 25
Q4 24
$325.6M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
PAMT
PAMT
PL
PL
Q4 25
$210.5M
$349.6M
Q3 25
$239.5M
$435.7M
Q2 25
$244.9M
$444.8M
Q1 25
$269.6M
$441.3M
Q4 24
$277.5M
$464.6M
Q3 24
$308.9M
$473.2M
Q2 24
$306.7M
$500.3M
Q1 24
$314.6M
$518.0M
Total Assets
PAMT
PAMT
PL
PL
Q4 25
$697.9M
$1.1B
Q3 25
$715.2M
$696.4M
Q2 25
$707.9M
$658.4M
Q1 25
$712.6M
$633.8M
Q4 24
$741.7M
$630.8M
Q3 24
$756.7M
$658.4M
Q2 24
$733.5M
$674.6M
Q1 24
$746.4M
$702.0M
Debt / Equity
PAMT
PAMT
PL
PL
Q4 25
1.59×
Q3 25
Q2 25
Q1 25
Q4 24
1.17×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
PAMT
PAMT
PL
PL
Operating Cash FlowLast quarter
$-5.8M
$28.6M
Free Cash FlowOCF − Capex
$-25.0M
$1.9M
FCF MarginFCF / Revenue
-17.7%
2.3%
Capex IntensityCapex / Revenue
13.6%
32.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-23.4M
$40.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PAMT
PAMT
PL
PL
Q4 25
$-5.8M
$28.6M
Q3 25
$5.9M
$67.8M
Q2 25
$12.2M
$17.3M
Q1 25
$5.0M
$-6.3M
Q4 24
$15.2M
$4.1M
Q3 24
$15.5M
$-7.9M
Q2 24
$18.7M
$-4.3M
Q1 24
$9.6M
$-6.8M
Free Cash Flow
PAMT
PAMT
PL
PL
Q4 25
$-25.0M
$1.9M
Q3 25
$2.5M
$47.5M
Q2 25
$5.9M
$9.2M
Q1 25
$-6.8M
$-17.9M
Q4 24
$-39.9M
$-3.6M
Q3 24
$-33.6M
$-23.0M
Q2 24
$4.1M
$-14.2M
Q1 24
$-12.2M
$-15.7M
FCF Margin
PAMT
PAMT
PL
PL
Q4 25
-17.7%
2.3%
Q3 25
1.7%
64.7%
Q2 25
3.9%
13.9%
Q1 25
-4.4%
-29.1%
Q4 24
-24.0%
-5.8%
Q3 24
-18.4%
-37.6%
Q2 24
2.2%
-23.6%
Q1 24
-6.7%
-26.7%
Capex Intensity
PAMT
PAMT
PL
PL
Q4 25
13.6%
32.9%
Q3 25
2.3%
27.6%
Q2 25
4.2%
12.3%
Q1 25
7.6%
18.9%
Q4 24
33.1%
12.5%
Q3 24
26.9%
24.8%
Q2 24
8.0%
16.4%
Q1 24
12.0%
15.1%
Cash Conversion
PAMT
PAMT
PL
PL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
6.44×
Q2 24
Q1 24
34.11×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PAMT
PAMT

Freight Transportation Service$123.1M87%
Fuel Surcharge$18.2M13%

PL
PL

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

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