Planet Labs PBC (PL) Revenue History
Annual and quarterly revenue from 2020 to 2026
Compound Annual Growth Rate (CAGR)
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PL Revenue Growth
Revenue Breakdown (FY 2025)
PL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PL Revenue Analysis (2020–2026)
As of May 6, 2026, Planet Labs PBC (PL) generated trailing twelve-month (TTM) revenue of $307.7 million, reflecting explosive growth of +41.1% year-over-year. The most recent quarter (Q4 2026) recorded $86.8 million in revenue, up 6.9% sequentially.
Looking at the longer-term picture, PL's 5-year compound annual growth rate (CAGR) stands at +22.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $307.7 million in 2026, representing a new all-time high.
Revenue diversification analysis shows PL's business is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Industrials sector peers including BKSY (+4.4% YoY), SATL (+37.6% YoY), and SPIR (-35.2% YoY), PL has underperformed the peer group in terms of revenue growth. Compare PL vs BKSY →
PL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PLCurrent | $308M | +41.1% | +22.1% | -30.9% | |
 BKSY | $107M | +4.4% | +38.2% | - | |
 SATL | $18M | +37.6% | - | - | |
 SPIR | $72M | -35.2% | +20.2% | -121.4% | |
 ASTS | $71M | +1505.2% | +64.1% | -405.7% | |
 MNTS | $2M | -63.8% | - | -1404.1% |
PL Historical Revenue Data (2020–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $307.7M | +25.9% | $172.5M | 56.1% | $-95,073,000 | -30.9% |
| 2025 | $244.4M | +10.7% | $139.7M | 57.2% | $-116,122,000 | -47.5% |
| 2024 | $220.7M | +15.4% | $113.0M | 51.2% | $-169,748,000 | -76.9% |
| 2023 | $191.3M | +45.8% | $94.0M | 49.2% | $-175,675,000 | -91.9% |
| 2022 | $131.2M | +15.9% | $48.2M | 36.8% | $-128,051,000 | -97.6% |
| 2021 | $113.2M | +18.2% | $25.8M | 22.8% | $-87,442,000 | -77.3% |
| 2020 | $95.7M | - | $-6,657,000 | -7.0% | $-106,460,000 | -111.2% |
Full PL Stock Analysis
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View ValuationCompare PL vs SPIR
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Start ComparisonPL — Frequently Asked Questions
Quick answers to the most common questions about buying PL stock.
Is PL's revenue growth accelerating or slowing?
PL revenue is accelerating at +41.1% year-over-year, exceeding the 5-year CAGR of +22.1%. TTM revenue reached $308M. Growth momentum has increased versus prior periods.
What is PL's long-term revenue growth rate?
Planet Labs PBC's 5-year revenue CAGR of +22.1% reflects the sustained expansion pattern. Current YoY growth of +41.1% is above this long-term average.
How is PL's revenue distributed by segment?
PL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2020-2026 are available for download. Segment mix reveals concentration and diversification trends.