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Side-by-side financial comparison of Planet Labs PBC (PL) and Quest Resource Holding Corp (QRHC). Click either name above to swap in a different company.

Planet Labs PBC is the larger business by last-quarter revenue ($81.3M vs $58.9M, roughly 1.4× Quest Resource Holding Corp). Quest Resource Holding Corp runs the higher net margin — -2.8% vs -72.8%, a 70.0% gap on every dollar of revenue. On growth, Planet Labs PBC posted the faster year-over-year revenue change (32.6% vs -15.8%). Planet Labs PBC produced more free cash flow last quarter ($1.9M vs $1.0M). Over the past eight quarters, Planet Labs PBC's revenue compounded faster (17.5% CAGR vs -10.0%).

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.

Quest Resource Holding Corp provides end-to-end waste management, recycling, and sustainability solutions to commercial, industrial, and retail clients across North America. It helps businesses cut waste volumes, reduce operational costs, and fulfill corporate environmental targets via customized waste diversion and circular economy initiatives.

PL vs QRHC — Head-to-Head

Bigger by revenue
PL
PL
1.4× larger
PL
$81.3M
$58.9M
QRHC
Growing faster (revenue YoY)
PL
PL
+48.4% gap
PL
32.6%
-15.8%
QRHC
Higher net margin
QRHC
QRHC
70.0% more per $
QRHC
-2.8%
-72.8%
PL
More free cash flow
PL
PL
$883.0K more FCF
PL
$1.9M
$1.0M
QRHC
Faster 2-yr revenue CAGR
PL
PL
Annualised
PL
17.5%
-10.0%
QRHC

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PL
PL
QRHC
QRHC
Revenue
$81.3M
$58.9M
Net Profit
$-59.2M
$-1.7M
Gross Margin
57.3%
15.5%
Operating Margin
-22.6%
0.9%
Net Margin
-72.8%
-2.8%
Revenue YoY
32.6%
-15.8%
Net Profit YoY
-194.7%
82.6%
EPS (diluted)
$-0.19
$-0.08

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
PL
PL
QRHC
QRHC
Q4 25
$81.3M
$58.9M
Q3 25
$73.4M
$63.3M
Q2 25
$66.3M
$59.5M
Q1 25
$61.6M
$68.4M
Q4 24
$61.3M
$70.0M
Q3 24
$61.1M
$72.8M
Q2 24
$60.4M
$73.1M
Q1 24
$58.9M
$72.7M
Net Profit
PL
PL
QRHC
QRHC
Q4 25
$-59.2M
$-1.7M
Q3 25
$-22.6M
$-1.3M
Q2 25
$-12.6M
$-2.0M
Q1 25
$-35.2M
$-10.4M
Q4 24
$-20.1M
$-9.5M
Q3 24
$-38.7M
$-3.4M
Q2 24
$-29.3M
$-1.5M
Q1 24
$-30.1M
$-655.0K
Gross Margin
PL
PL
QRHC
QRHC
Q4 25
57.3%
15.5%
Q3 25
57.6%
18.1%
Q2 25
55.2%
18.5%
Q1 25
62.1%
16.0%
Q4 24
61.2%
15.3%
Q3 24
52.9%
16.1%
Q2 24
52.4%
18.5%
Q1 24
55.2%
19.3%
Operating Margin
PL
PL
QRHC
QRHC
Q4 25
-22.6%
0.9%
Q3 25
-24.5%
1.7%
Q2 25
-34.4%
0.6%
Q1 25
-31.5%
-11.9%
Q4 24
-36.9%
-10.3%
Q3 24
-64.8%
-1.3%
Q2 24
-57.2%
2.4%
Q1 24
-57.6%
2.6%
Net Margin
PL
PL
QRHC
QRHC
Q4 25
-72.8%
-2.8%
Q3 25
-30.8%
-2.1%
Q2 25
-19.1%
-3.3%
Q1 25
-57.1%
-15.2%
Q4 24
-32.8%
-13.6%
Q3 24
-63.3%
-4.7%
Q2 24
-48.5%
-2.1%
Q1 24
-51.1%
-0.9%
EPS (diluted)
PL
PL
QRHC
QRHC
Q4 25
$-0.19
$-0.08
Q3 25
$-0.07
$-0.06
Q2 25
$-0.04
$-0.09
Q1 25
$-0.12
$-0.50
Q4 24
$-0.07
$-0.47
Q3 24
$-0.13
$-0.16
Q2 24
$-0.10
$-0.07
Q1 24
$-0.10
$-0.03

Balance Sheet & Financial Strength

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

Metric
PL
PL
QRHC
QRHC
Cash + ST InvestmentsLiquidity on hand
$443.3M
$1.0M
Total DebtLower is stronger
$64.0M
Stockholders' EquityBook value
$349.6M
$40.5M
Total Assets
$1.1B
$145.6M
Debt / EquityLower = less leverage
1.58×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PL
PL
QRHC
QRHC
Q4 25
$443.3M
$1.0M
Q3 25
$181.1M
$1.1M
Q2 25
$133.5M
$449.0K
Q1 25
$118.0M
$1.4M
Q4 24
$139.0M
$396.0K
Q3 24
$148.3M
$1.1M
Q2 24
$107.4M
$957.5K
Q1 24
$83.9M
$581.1K
Total Debt
PL
PL
QRHC
QRHC
Q4 25
$64.0M
Q3 25
$65.4M
Q2 25
$69.7M
Q1 25
$74.1M
Q4 24
$76.3M
Q3 24
$71.9M
Q2 24
$70.7M
Q1 24
$68.5M
Stockholders' Equity
PL
PL
QRHC
QRHC
Q4 25
$349.6M
$40.5M
Q3 25
$435.7M
$42.0M
Q2 25
$444.8M
$42.9M
Q1 25
$441.3M
$44.4M
Q4 24
$464.6M
$54.2M
Q3 24
$473.2M
$62.8M
Q2 24
$500.3M
$65.6M
Q1 24
$518.0M
$66.3M
Total Assets
PL
PL
QRHC
QRHC
Q4 25
$1.1B
$145.6M
Q3 25
$696.4M
$149.3M
Q2 25
$658.4M
$153.1M
Q1 25
$633.8M
$165.7M
Q4 24
$630.8M
$175.6M
Q3 24
$658.4M
$178.2M
Q2 24
$674.6M
$181.8M
Q1 24
$702.0M
$179.0M
Debt / Equity
PL
PL
QRHC
QRHC
Q4 25
1.58×
Q3 25
1.56×
Q2 25
1.62×
Q1 25
1.67×
Q4 24
1.41×
Q3 24
1.15×
Q2 24
1.08×
Q1 24
1.03×

Cash Flow & Capital Efficiency

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

Metric
PL
PL
QRHC
QRHC
Operating Cash FlowLast quarter
$28.6M
$1.1M
Free Cash FlowOCF − Capex
$1.9M
$1.0M
FCF MarginFCF / Revenue
2.3%
1.7%
Capex IntensityCapex / Revenue
32.9%
0.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$40.7M
$9.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PL
PL
QRHC
QRHC
Q4 25
$28.6M
$1.1M
Q3 25
$67.8M
$5.7M
Q2 25
$17.3M
$3.9M
Q1 25
$-6.3M
$-1.1M
Q4 24
$4.1M
$-4.8M
Q3 24
$-7.9M
$-475.0K
Q2 24
$-4.3M
$808.0K
Q1 24
$-6.8M
$-1.7M
Free Cash Flow
PL
PL
QRHC
QRHC
Q4 25
$1.9M
$1.0M
Q3 25
$47.5M
$5.6M
Q2 25
$9.2M
$3.9M
Q1 25
$-17.9M
$-1.2M
Q4 24
$-3.6M
$-5.2M
Q3 24
$-23.0M
$-583.0K
Q2 24
$-14.2M
$-1.4M
Q1 24
$-15.7M
$-3.6M
FCF Margin
PL
PL
QRHC
QRHC
Q4 25
2.3%
1.7%
Q3 25
64.7%
8.9%
Q2 25
13.9%
6.5%
Q1 25
-29.1%
-1.8%
Q4 24
-5.8%
-7.4%
Q3 24
-37.6%
-0.8%
Q2 24
-23.6%
-2.0%
Q1 24
-26.7%
-4.9%
Capex Intensity
PL
PL
QRHC
QRHC
Q4 25
32.9%
0.1%
Q3 25
27.6%
0.0%
Q2 25
12.3%
0.0%
Q1 25
18.9%
0.2%
Q4 24
12.5%
0.6%
Q3 24
24.8%
0.1%
Q2 24
16.4%
3.1%
Q1 24
15.1%
2.6%

Financial Flow Comparison

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

Revenue Breakdown by Segment

PL
PL

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

QRHC
QRHC

Services$55.8M95%
Product Sales And Other$3.1M5%

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