Planet Labs PBC Financial Statements
NYSE: PLTechnologyRadio And Television Broadcasting And Communications EquipmentUSD
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Planet Labs PBC revenue and earnings
In fiscal 2026, Planet Labs PBC generated $307.7 million in revenue, up 25.9% from fiscal 2025, its 6th consecutive year of revenue growth. Planet Labs PBC reported a net loss of $246.9 million, compared with a loss of $123.2 million a year earlier. Gross margin was 56.1% (down from 57.2%) and operating margin -30.9%.
Diluted earnings per share came in at -$0.80. Over the last 5 fiscal years, PL's revenue has grown at a 22.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Planet Labs PBC income statement (annual)
| Fiscal year (USD) | FY 20262026-01-31 | FY 20252025-01-31 | FY 20242024-01-31 | FY 20232023-01-31 | FY 20222022-01-31 | FY 20212021-01-31 | FY 20202020-01-31 |
|---|---|---|---|---|---|---|---|
| Revenue | 307.73M | 244.35M | 220.70M | 191.26M | 131.21M | 113.17M | 95.74M |
| Revenue growth (YoY) | +25.94% | +10.72% | +15.39% | +45.76% | +15.94% | +18.21% | — |
| Cost of Revenue | 135.24M | 104.63M | 107.75M | 97.25M | 82.99M | 87.38M | 102.39M |
| Gross Profit | 172.49M | 139.72M | 112.95M | 94.01M | 48.22M | 25.79M | -6.66M |
| Operating Expenses | 267.56M | 255.85M | 282.70M | 269.68M | 176.27M | 113.23M | 99.80M |
| Research & Development | 106.75M | 101.01M | 116.34M | 110.92M | 66.68M | 43.83M | 37.87M |
| Selling, General & Admin | 160.81M | 154.84M | 166.36M | 158.77M | 109.59M | 69.40M | 61.93M |
| Operating Income | -95.07M | -116.12M | -169.75M | -175.68M | -128.05M | -87.44M | -106.46M |
| Interest Expense | 3.44M | 832.00K | 0 | 0 | 8.77M | 9.45M | 6.95M |
| Other Income (Expense) | -147.13M | -4.61M | 30.05M | 14.56M | -6.96M | -38.59M | -17.12M |
| Pretax Income | -242.21M | -120.74M | -139.69M | -161.12M | -135.01M | -126.03M | -123.58M |
| Income Tax | 4.66M | 2.46M | 815.00K | 847.00K | 2.11M | 1.07M | 130.00K |
| Net Income | -246.86M | -123.20M | -140.51M | -161.97M | -137.12M | -127.10M | -123.71M |
| Net Income growth (YoY) | — | — | — | — | — | — | — |
| EPS (Basic) | -0.80 | -0.42 | -0.50 | -0.61 | -1.72 | -2.87 | -2.89 |
| EPS (Diluted) | -0.80 | -0.42 | -0.50 | -0.61 | -1.72 | -2.87 | -2.89 |
| Shares Outstanding (Basic) | 307.80M | 292.12M | 279.59M | 267.13M | 79.61M | 44.21M | 42.86M |
| Shares Outstanding (Diluted) | 307.80M | 292.12M | 279.59M | 267.13M | 79.61M | 44.21M | 42.86M |
| EBITDA | -53.25M | -70.48M | -122.11M | -132.34M | -83.01M | -25.23M | -28.83M |
| Gross Margin | 56.05% | 57.18% | 51.18% | 49.15% | 36.75% | 22.78% | -6.95% |
| Operating Margin | -30.90% | -47.52% | -76.91% | -91.85% | -97.59% | -77.27% | -111.20% |
| Net Margin | -80.22% | -50.42% | -63.67% | -84.69% | -104.51% | -112.31% | -129.22% |
This table shows 7 annual periods of Planet Labs PBC's income statement, from FY 2026 back to FY 2020, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PL's reporting calendar. What is a income statement?