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Side-by-side financial comparison of Planet Labs PBC (PL) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
Planet Labs PBC is the larger business by last-quarter revenue ($81.3M vs $71.1M, roughly 1.1× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -72.8%, a 74.9% gap on every dollar of revenue. On growth, Planet Labs PBC posted the faster year-over-year revenue change (32.6% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $1.9M). Over the past eight quarters, Planet Labs PBC's revenue compounded faster (17.5% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
PL vs RMAX — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $81.3M | $71.1M |
| Net Profit | $-59.2M | $1.4M |
| Gross Margin | 57.3% | — |
| Operating Margin | -22.6% | 13.1% |
| Net Margin | -72.8% | 2.0% |
| Revenue YoY | 32.6% | -1.8% |
| Net Profit YoY | -194.7% | -75.2% |
| EPS (diluted) | $-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.
| Q4 25 | $81.3M | $71.1M | ||
| Q3 25 | $73.4M | $73.2M | ||
| Q2 25 | $66.3M | $72.8M | ||
| Q1 25 | $61.6M | $74.5M | ||
| Q4 24 | $61.3M | $72.5M | ||
| Q3 24 | $61.1M | $78.5M | ||
| Q2 24 | $60.4M | $78.5M | ||
| Q1 24 | $58.9M | $78.3M |
| Q4 25 | $-59.2M | $1.4M | ||
| Q3 25 | $-22.6M | $4.0M | ||
| Q2 25 | $-12.6M | $4.7M | ||
| Q1 25 | $-35.2M | $-2.0M | ||
| Q4 24 | $-20.1M | $5.8M | ||
| Q3 24 | $-38.7M | $966.0K | ||
| Q2 24 | $-29.3M | $3.7M | ||
| Q1 24 | $-30.1M | $-3.4M |
| 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% | — |
| Q4 25 | -22.6% | 13.1% | ||
| Q3 25 | -24.5% | 25.0% | ||
| Q2 25 | -34.4% | 19.3% | ||
| Q1 25 | -31.5% | 7.2% | ||
| Q4 24 | -36.9% | 5.9% | ||
| Q3 24 | -64.8% | 19.4% | ||
| Q2 24 | -57.2% | 20.6% | ||
| Q1 24 | -57.6% | 5.8% |
| Q4 25 | -72.8% | 2.0% | ||
| Q3 25 | -30.8% | 5.4% | ||
| Q2 25 | -19.1% | 6.4% | ||
| Q1 25 | -57.1% | -2.6% | ||
| Q4 24 | -32.8% | 8.0% | ||
| Q3 24 | -63.3% | 1.2% | ||
| Q2 24 | -48.5% | 4.7% | ||
| Q1 24 | -51.1% | -4.3% |
| Q4 25 | $-0.19 | — | ||
| Q3 25 | $-0.07 | — | ||
| Q2 25 | $-0.04 | — | ||
| Q1 25 | $-0.12 | — | ||
| Q4 24 | $-0.07 | — | ||
| Q3 24 | $-0.13 | — | ||
| Q2 24 | $-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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $443.3M | $118.7M |
| Total DebtLower is stronger | — | $432.2M |
| Stockholders' EquityBook value | $349.6M | $452.4M |
| Total Assets | $1.1B | $582.5M |
| Debt / EquityLower = less leverage | — | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $443.3M | $118.7M | ||
| Q3 25 | $181.1M | $107.5M | ||
| Q2 25 | $133.5M | $94.3M | ||
| Q1 25 | $118.0M | $89.1M | ||
| Q4 24 | $139.0M | $96.6M | ||
| Q3 24 | $148.3M | $83.8M | ||
| Q2 24 | $107.4M | $66.1M | ||
| Q1 24 | $83.9M | $82.1M |
| Q4 25 | — | $432.2M | ||
| Q3 25 | — | $433.3M | ||
| Q2 25 | — | $434.4M | ||
| Q1 25 | — | $435.3M | ||
| Q4 24 | — | $436.2M | ||
| Q3 24 | — | $437.2M | ||
| Q2 24 | — | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $349.6M | $452.4M | ||
| Q3 25 | $435.7M | $448.1M | ||
| Q2 25 | $444.8M | $442.4M | ||
| Q1 25 | $441.3M | $433.5M | ||
| Q4 24 | $464.6M | $429.5M | ||
| Q3 24 | $473.2M | $423.1M | ||
| Q2 24 | $500.3M | $418.4M | ||
| Q1 24 | $518.0M | $412.0M |
| Q4 25 | $1.1B | $582.5M | ||
| Q3 25 | $696.4M | $582.2M | ||
| Q2 25 | $658.4M | $574.8M | ||
| Q1 25 | $633.8M | $571.4M | ||
| Q4 24 | $630.8M | $581.6M | ||
| Q3 24 | $658.4M | $578.6M | ||
| Q2 24 | $674.6M | $571.4M | ||
| Q1 24 | $702.0M | $566.7M |
| Q4 25 | — | 0.96× | ||
| Q3 25 | — | 0.97× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.00× | ||
| Q4 24 | — | 1.02× | ||
| Q3 24 | — | 1.03× | ||
| Q2 24 | — | 1.05× | ||
| Q1 24 | — | 1.07× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $28.6M | $40.9M |
| Free Cash FlowOCF − Capex | $1.9M | $33.5M |
| FCF MarginFCF / Revenue | 2.3% | 47.1% |
| Capex IntensityCapex / Revenue | 32.9% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $40.7M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $28.6M | $40.9M | ||
| Q3 25 | $67.8M | $17.7M | ||
| Q2 25 | $17.3M | $4.6M | ||
| Q1 25 | $-6.3M | $5.7M | ||
| Q4 24 | $4.1M | $59.7M | ||
| Q3 24 | $-7.9M | $17.6M | ||
| Q2 24 | $-4.3M | $15.9M | ||
| Q1 24 | $-6.8M | $9.4M |
| Q4 25 | $1.9M | $33.5M | ||
| Q3 25 | $47.5M | $16.4M | ||
| Q2 25 | $9.2M | $2.9M | ||
| Q1 25 | $-17.9M | $4.0M | ||
| Q4 24 | $-3.6M | $53.0M | ||
| Q3 24 | $-23.0M | $16.3M | ||
| Q2 24 | $-14.2M | $14.0M | ||
| Q1 24 | $-15.7M | $6.8M |
| Q4 25 | 2.3% | 47.1% | ||
| Q3 25 | 64.7% | 22.4% | ||
| Q2 25 | 13.9% | 4.0% | ||
| Q1 25 | -29.1% | 5.3% | ||
| Q4 24 | -5.8% | 73.2% | ||
| Q3 24 | -37.6% | 20.8% | ||
| Q2 24 | -23.6% | 17.8% | ||
| Q1 24 | -26.7% | 8.6% |
| Q4 25 | 32.9% | 10.4% | ||
| Q3 25 | 27.6% | 1.8% | ||
| Q2 25 | 12.3% | 2.2% | ||
| Q1 25 | 18.9% | 2.3% | ||
| Q4 24 | 12.5% | 9.1% | ||
| Q3 24 | 24.8% | 1.7% | ||
| Q2 24 | 16.4% | 2.4% | ||
| Q1 24 | 15.1% | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
