Planet Labs PBC (PL) quarterly income statement — complete revenue, gross profit & net income history
Planet Labs PBC (PL) annual income statement — 7-year revenue, gross profit & net income history
| Metric | Q2'27 | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 |
|---|
| Sales/Revenue | 116.05M | 94.15M | 86.82M | 81.25M | 73.39M | 66.27M | 61.55M | 61.27M | 61.09M | 60.44M | 58.85M | 55.38M | 53.76M | 52.7M | 52.98M | 49.7M | 48.45M | 40.13M | 37.15M | 31.7M |
| Revenue Growth % | 58.14% | 42.08% | 41.05% | 32.62% | 20.12% | 9.64% | 4.59% | 10.63% | 13.64% | 14.68% | 11.09% | 11.42% | 10.96% | 31.34% | 42.61% | 56.79% | 59.34% | 25.57% | - | - |
| Cost of Goods Sold | 50.42M | 43.75M | 39.79M | 34.67M | 31.12M | 29.66M | 23.34M | 23.75M | 28.78M | 28.76M | 26.37M | 29.35M | 27.47M | 24.56M | 23.91M | 24.73M | 24.98M | 23.63M | 23.23M | 20.81M |
| COGS % of Revenue | 43.45% | 46.47% | 45.83% | 42.67% | 42.4% | 44.76% | 37.92% | 38.76% | 47.11% | 47.58% | 44.81% | 53% | 51.09% | 46.59% | 45.14% | 49.75% | 51.55% | 58.88% | 62.54% | 65.65% |
| Gross Profit | 65.63M | 50.4M | 47.03M | 46.58M | 42.27M | 36.6M | 38.22M | 37.52M | 32.31M | 31.68M | 32.48M | 26.03M | 26.29M | 28.15M | 29.06M | 24.98M | 23.47M | 16.5M | 13.92M | 10.89M |
| Gross Margin % | 56.55% | 53.53% | 54.17% | 57.33% | 57.6% | 55.24% | 62.08% | 61.24% | 52.89% | 52.42% | 55.19% | 47% | 48.91% | 53.41% | 54.86% | 50.25% | 48.45% | 41.12% | 37.46% | 34.35% |
| Gross Profit Growth % | 55.28% | 37.7% | 23.07% | 24.17% | 30.82% | 15.53% | 17.65% | 44.13% | 22.89% | 12.56% | 11.77% | 4.22% | 12.01% | 70.6% | 108.82% | 129.37% | 121.74% | 28.59% | - | - |
| Operating Expenses | 79.14M | 85.29M | 83.03M | 64.92M | 60.23M | 59.37M | 57.58M | 60.13M | 71.89M | 66.25M | 66.4M | 73.89M | 69.57M | 72.84M | 71.75M | 67.61M | 66.11M | 64.21M | 71.12M | 39.2M |
| OpEx % of Revenue | 68.19% | 90.59% | 95.63% | 79.9% | 82.07% | 89.6% | 93.55% | 98.14% | 117.67% | 109.62% | 112.82% | 133.42% | 129.41% | 138.21% | 135.44% | 136.02% | 136.46% | 160.02% | 191.47% | 123.66% |
| Selling, General & Admin | 43.98M | 51.87M | 50.84M | 37.6M | 36.07M | 36.3M | 34.63M | 34.91M | 44.64M | 40.66M | 37.99M | 40.89M | 42.83M | 44.65M | 39.92M | 40.01M | 39.38M | 39.46M | 43.96M | 24.24M |
| SG&A % of Revenue | 37.9% | 55.09% | 58.56% | 46.27% | 49.16% | 54.78% | 56.26% | 56.98% | 73.07% | 67.28% | 64.55% | 73.83% | 79.67% | 84.73% | 75.35% | 80.5% | 81.27% | 98.35% | 118.34% | 76.47% |
| Research & Development | 35.16M | 33.42M | 32.19M | 27.33M | 24.16M | 23.07M | 22.95M | 25.22M | 27.25M | 25.59M | 28.41M | 33M | 26.74M | 28.19M | 31.83M | 27.6M | 26.74M | 24.75M | 27.16M | 14.96M |
| R&D % of Revenue | 30.29% | 35.5% | 37.08% | 33.63% | 32.91% | 34.82% | 37.29% | 41.16% | 44.6% | 42.34% | 48.27% | 59.59% | 49.74% | 53.48% | 60.09% | 55.52% | 55.18% | 61.68% | 73.13% | 47.19% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37K | -69K | 0 | 104K | 207K | 1K | 0 | 0 | 0 | -60K |
| Operating Income | -13.51M | -34.89M | -36M | -18.34M | -17.96M | -22.77M | -19.37M | -22.61M | -39.58M | -34.57M | -33.92M | -47.86M | -43.28M | -44.69M | -42.69M | -42.63M | -42.64M | -47.71M | -57.21M | -28.31M |
| Operating Margin % | -11.64% | -37.06% | -41.47% | -22.57% | -24.47% | -34.36% | -31.46% | -36.9% | -64.78% | -57.2% | -57.63% | -86.42% | -80.5% | -84.8% | -80.58% | -85.77% | -88.01% | -118.91% | -154% | -89.31% |
| Operating Income Growth % | 24.78% | -53.21% | -85.9% | 18.88% | 54.62% | 34.13% | 42.9% | 52.76% | 8.56% | 22.65% | 20.55% | -12.26% | -1.5% | 6.33% | 25.38% | -50.58% | -75.71% | -161.2% | - | - |
| EBITDA | -2.72M | -23.7M | -25.79M | -8.43M | -7.34M | -11.69M | -10.09M | -12.49M | -26.43M | -21.47M | -22.31M | -34.23M | -31.12M | -34.44M | -33.36M | -31.85M | -41.49M | -35.7M | -46.03M | -16.96M |
| EBITDA Margin % | -2.34% | -25.17% | -29.7% | -10.38% | -10% | -17.64% | -16.4% | -20.39% | -43.27% | -35.52% | -37.91% | -61.81% | -57.89% | -65.35% | -62.97% | -64.08% | -85.63% | -88.96% | -123.91% | -53.51% |
| EBITDA Growth % | 62.92% | -102.75% | -155.49% | 32.5% | 72.24% | 45.55% | 54.76% | 63.51% | 15.06% | 37.67% | 33.11% | -7.49% | 24.99% | 3.51% | 27.53% | -87.76% | -213.68% | -425.57% | - | - |
| D&A (Non-Cash Add-back) | 10.79M | 11.19M | 10.21M | 9.91M | 10.62M | 11.08M | 9.27M | 10.12M | 13.14M | 13.1M | 11.61M | 13.63M | 12.16M | 10.25M | 9.33M | 10.78M | 1.15M | 12.02M | 11.18M | 11.35M |
| EBIT | -7.18M | -136.41M | -148.42M | -57.38M | -22.09M | -11.7M | -34.06M | -22.7M | -37.77M | -28.85M | -30.52M | -37.65M | -37.39M | -34.14M | -37.9M | -39.8M | -39.38M | -44.05M | -43.66M | -38.53M |
| Net Interest Income | 4.99M | 3.71M | 4.27M | 3.39M | 2.17M | 1.88M | 1.97M | 2.41M | 2.77M | 3.11M | 3.66M | 3.44M | 3.8M | 4.51M | 3.4M | 2.85M | 1.31M | 112K | -1.02M | -2.6M |
| Interest Income | 6.43M | 5.15M | 5.86M | 4.41M | 2.17M | 1.88M | 1.97M | 2.41M | 2.77M | 3.11M | 3.66M | 3.44M | 3.8M | 4.51M | 3.4M | 2.85M | 1.31M | 112K | 0 | 8K |
| Interest Expense | 1.44M | 1.45M | 1.59M | 1.02M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.02M | 2.61M |
| Other Income/Expense | 4.89M | -102.97M | -114.01M | -40.06M | -4.13M | 11.07M | -14.69M | 2.55M | 1.81M | 5.72M | 3.4M | 10.21M | 5.89M | 10.55M | 4.79M | 2.83M | 3.27M | 3.67M | 12.53M | -12.84M |
| Pretax Income | -8.62M | -137.86M | -150.01M | -58.4M | -22.09M | -11.7M | -34.06M | -20.06M | -37.77M | -28.85M | -30.52M | -37.65M | -37.39M | -34.14M | -37.9M | -39.8M | -39.38M | -44.05M | -44.68M | -41.15M |
| Pretax Margin % | -7.43% | -146.43% | -172.78% | -71.87% | -30.11% | -17.66% | -55.33% | -32.74% | -61.83% | -47.73% | -51.85% | -67.98% | -69.55% | -64.77% | -71.55% | -80.07% | -81.27% | -109.77% | -120.27% | -129.8% |
| Income Tax | 733K | 1.01M | 2.45M | 784K | 497K | 928K | 1.1M | 25K | 897K | 442K | -429K | 355K | 582K | 307K | -60K | 439K | 154K | 314K | 1.29M | 394K |
| Effective Tax Rate % | -8.5% | -0.73% | -1.63% | -1.34% | -2.25% | -7.93% | -3.22% | -0.12% | -2.37% | -1.53% | 1.41% | -0.94% | -1.56% | -0.9% | 0.16% | -1.1% | -0.39% | -0.71% | -2.88% | -0.96% |
| Net Income | -9.35M | -138.87M | -152.46M | -59.19M | -22.59M | -12.63M | -35.15M | -20.08M | -38.67M | -29.29M | -30.09M | -38M | -37.98M | -34.44M | -37.84M | -40.24M | -39.53M | -44.36M | -45.97M | -41.54M |
| Net Margin % | -8.06% | -147.5% | -175.59% | -72.84% | -30.79% | -19.06% | -57.11% | -32.78% | -63.29% | -48.47% | -51.12% | -68.62% | -70.64% | -65.35% | -71.43% | -80.95% | -81.59% | -110.55% | -123.74% | -131.04% |
| Net Income Growth % | 58.6% | -999.71% | -333.68% | -194.73% | 41.57% | 56.89% | -16.84% | 47.16% | -1.82% | 14.95% | 20.49% | 5.55% | 3.93% | 22.35% | 17.67% | 3.14% | -94.12% | -51.63% | - | - |
| Net Income (Continuing) | -9.35M | -138.87M | -152.46M | -59.19M | -22.59M | -12.63M | -35.15M | -20.08M | -38.67M | -29.29M | -30.09M | -38M | -37.98M | -34.44M | -37.84M | -40.24M | -39.53M | -44.36M | -45.97M | -41.54M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03 | -0.40 | -0.48 | -0.19 | -0.07 | -0.04 | -0.12 | -0.07 | -0.13 | -0.10 | -0.11 | -0.13 | -0.14 | -0.13 | -0.14 | -0.15 | -0.15 | -0.17 | -0.26 | -0.88 |
| EPS Growth % | 59.62% | -850.12% | -300% | -177.37% | 42.85% | 57.9% | -9.09% | 47.31% | 7.14% | 23.08% | 21.43% | 13.33% | 6.67% | 23.53% | 46.15% | 82.95% | 65.12% | 72.58% | - | - |
| EPS (Basic) | -0.03 | -0.40 | -0.48 | -0.19 | -0.07 | -0.04 | -0.12 | -0.07 | -0.13 | -0.10 | -0.11 | -0.13 | -0.14 | -0.13 | -0.14 | -0.15 | -0.15 | -0.17 | -0.26 | -0.88 |
| Diluted Shares Outstanding | 359.59M | 345.52M | 317.37M | 309.25M | 304.13M | 300.27M | 296.44M | 293.34M | 290.36M | 288.27M | 286.51M | 284.2M | 275.05M | 272.35M | 270.16M | 267.95M | 266.21M | 264.09M | 178.28M | 47.14M |
| Basic Shares Outstanding | 359.59M | 345.52M | 317.37M | 309.25M | 304.13M | 300.27M | 296.44M | 293.34M | 290.36M | 288.27M | 286.51M | 284.2M | 275.05M | 272.35M | 270.16M | 267.95M | 266.21M | 264.09M | 178.28M | 47.14M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |