Planet Labs PBC logo PL - Planet Labs PBC

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 12
HOLD 10
SELL 0
STRONG
SELL
0
| PRICE TARGET: $28.29 DETAILS
HIGH: $50.00
LOW: $12.30
MEDIAN: $27.00
CONSENSUS: $28.29
DOWNSIDE: 41.45%
Metric 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Revenue
Revenue 86.8 81.3 73.4 66.3 61.6 61.3 61.1 60.4 58.9 55.4 53.8 52.7 53.0 49.7 48.5 40.1 37.1 31.7 30.4 32.0
Cost of Revenue 39.8 34.7 31.1 29.7 23.3 23.7 28.8 28.8 26.4 29.4 27.5 24.6 23.9 24.7 25.0 23.6 23.2 20.8 19.8 19.1
Gross Profit 47.0 46.6 42.3 36.6 38.2 37.5 32.3 31.7 32.5 26.0 26.3 28.1 29.1 25.0 23.5 16.5 13.9 10.9 10.6 12.8
Operating Expenses
R&D Expenses 32.2 27.3 24.2 23.1 23.0 25.2 27.2 25.6 28.4 33.0 26.7 28.2 31.8 27.6 26.7 24.8 27.2 15.0 12.4 12.1
SG&A Expenses 50.8 37.6 36.1 36.3 34.6 34.9 44.6 40.7 38.0 40.9 42.8 44.7 39.9 40.0 39.4 39.5 44.0 24.2 22.4 19.0
Other Expenses 0 0 0 0 0 0 0 0 0.0 (0.1) 0 0.1 0.2 0.0 0 0 0 (0.1) (0.1) 0
Operating Expenses 83.0 64.9 60.2 59.4 57.6 60.1 71.9 66.3 66.4 73.9 69.6 72.8 71.7 67.6 66.1 64.2 71.1 39.2 34.9 31.1
Operating Income
Operating Income (36.0) (18.3) (18.0) (22.8) (19.4) (22.6) (39.6) (34.6) (33.9) (47.9) (43.3) (44.7) (42.7) (42.6) (42.6) (47.7) (57.2) (28.3) (24.3) (18.3)
Interest Expense 1.6 1.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1.0 2.6 2.6 2.5
Interest Income 5.9 4.4 2.2 1.9 2.0 2.4 2.8 3.1 3.7 3.4 3.8 4.5 3.4 2.9 1.3 0.1 0 0.0 0 0
Profitability
EBITDA (36.0) (47.5) (7.3) (11.7) (10.1) (22.6) (26.4) (21.5) (18.9) (34.2) (31.1) (34.4) (28.6) (31.8) (41.5) (35.7) (32.5) (17.0) (6.8) (15.2)
EBIT (36.0) (57.4) (18.0) (22.8) (19.4) (22.6) (39.6) (34.6) (30.5) (47.9) (43.3) (44.7) (37.9) (42.6) (42.6) (47.7) (43.7) (28.3) (17.8) (26.7)
Income Before Tax (150.0) (58.4) (22.1) (11.7) (34.1) (20.1) (37.8) (28.9) (30.5) (37.6) (37.4) (34.1) (37.9) (39.8) (39.4) (44.0) (44.7) (41.1) (20.2) (29.0)
Income Tax Expense 2.4 0.8 0.5 0.9 1.1 0.0 0.9 0.4 (0.4) 0.4 0.6 0.3 (0.1) 0.4 0.2 0.3 1.3 0.4 0.2 0.3
Net Income (152.5) (59.2) (22.6) (12.6) (35.2) (20.1) (38.7) (29.3) (30.1) (38.0) (38.0) (34.4) (37.8) (40.2) (39.5) (44.4) (46.0) (41.5) (20.4) (29.3)
Per Share Data
EPS (Basic) -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 -0.43 -0.62
EPS (Diluted) -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 -0.43 -0.62
Shares Outstanding 317.4 309.2 304.1 300.3 296.4 293.3 290.4 288.3 286.5 284.2 275.1 272.3 270.2 267.9 266.2 264.1 178.3 47.1 47.1 45.7
Metric 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1 2021 Q4 2021 Q1
Current Assets
Cash & Cash Equivalents 230.1 443.3 187.4 133.5 118.0 139.0 148.3 107.4 83.9 101.5 118.8 140.8 181.9 199.1 262.1 484.5 490.8 0.1 75.2 0.9 71.2 (22.4)
Short-Term Investments 410.6 234.0 90.5 92.6 104.0 103.3 101.1 168.2 215.0 213.3 249.0 235.4 226.9 226.2 195.6 0 0 0 0 0 0 44.9
Net Receivables 83.5 46.3 51.6 74.7 55.8 38.9 43.9 38.5 43.3 45.1 40.3 39.1 39.0 29.0 26.1 24.6 44.4 0 16.7 0 47.1 0
Inventory 6.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Assets 45.0 30.5 26.0 24.1 24.3 20.5 33.4 31.8 27.9 10.4 2.1 2.4 27.9 0 0 0 1.7 0 1.9 0 1.4 0
Total Current Assets 775.4 754.1 355.5 324.8 302.2 301.6 326.7 346.0 370.2 387.5 427.9 434.5 475.7 480.6 504.1 527.3 551.5 0.6 101.8 1.5 125.4 22.4
Non-Current Assets
Property, Plant & Equipment 165.2 159.0 147.4 140.4 141.5 137.7 134.9 132.3 135.8 136.1 143.7 141.9 128.5 131.2 126.6 132.4 133.3 138.0 145.1 152.3 159.9 0
Goodwill 143.5 139.0 138.6 138.5 136.3 137.4 137.3 137.1 136.3 135.7 112.8 112.7 112.7 103.2 103.2 103.2 103.2 88.4 88.4 88.4 88.4 0
Intangible Assets 26.6 46.6 26.6 47.5 46.4 47.5 47.7 47.5 47.4 41.5 27.9 25.9 26.2 23.6 24.3 24.7 25.0 15.3 16.2 16.8 17.7 0
Long-Term Investments 0 0 5.5 0 0 0 0 9.6 10.0 10.3 5.7 5.7 5.7 0 5.6 5.7 5.7 345.1 8.1 345.1 8.1 0
Other Non-Current Assets 35.1 7.3 22.8 7.1 7.3 6.5 11.6 (11.8) (10.2) 12.7 8.3 8.4 9.6 8.6 9.7 8.4 8.5 (241.7) 5.6 (257.5) 5.5 (22.4)
Total Non-Current Assets 370.3 351.9 341.0 333.6 331.6 329.2 331.6 330.8 334.1 326.0 292.6 288.9 277.1 266.6 263.8 268.7 269.9 345.1 262.9 345.1 273.9 (22.4)
Total Assets 1,145.7 1,106.1 696.4 658.4 633.8 630.8 658.4 674.6 702.0 713.5 720.4 723.5 752.7 747.2 767.9 796.0 821.4 345.6 364.8 346.5 399.3 0
Current Liabilities
Account Payables 10.6 3.4 11.1 4.1 2.6 3.6 2.4 3.1 2.6 4.6 3.8 14.7 6.9 2.6 2.2 3.2 2.9 0 3.1 0 1.4 0
Short-Term Debt 7.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 168.7 0 8.2 0
Deferred Revenue 220.6 145.9 148.0 108.3 82.3 66.5 64.5 63.6 72.3 67.2 56.6 44.6 51.9 47.7 52.1 60.7 64.2 (182.0) 45.4 (75.6) 57.6 0
Other Current Liabilities 231.0 9.1 15.9 17.3 25.2 25.0 41.9 30.9 30.9 34.0 25.5 29.8 37.7 40.6 43.6 40.5 44.2 (27.1) 41.2 (8.4) 24.1 0
Total Current Liabilities 469.5 188.6 203.5 154.6 142.1 129.1 139.7 126.4 136.6 131.1 116.3 111.7 122.3 109.9 122.3 129.5 132.0 4.3 266.4 0.4 108.8 0
Non-Current Liabilities
Long-Term Debt 446.9 446.2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 97.2 155.6 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0 (9.9) (11.0) (12.2) 0 0 0 0 0 0
Other Non-Current Liabilities 5.1 66.2 23.1 18.6 26.9 23.3 18.2 19.4 25.1 23.7 27.3 30.0 34.3 29.2 30.3 33.6 37.6 48.9 28.1 (50.4) 12.2 0
Total Non-Current Liabilities 487.8 567.9 57.2 59.0 50.4 37.1 45.4 47.9 47.3 48.8 64.6 52.4 54.4 43.2 32.0 35.8 41.2 48.9 28.1 46.8 183.0 0
Total Liabilities 957.3 756.5 260.7 213.6 192.5 166.2 185.1 174.3 184.0 179.9 180.8 164.1 176.6 153.1 154.3 165.3 173.2 53.2 294.5 47.2 291.8 0
Stockholders' Equity
Common Stock 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 345.0 0.0 294.3 0.0 0
Retained Earnings (1,449.9) (1,297.4) (1,238.2) (1,215.6) (1,203.0) (1,167.8) (1,147.8) (1,109.1) (1,079.8) (1,049.7) (1,011.7) (973.7) (939.3) (901.5) (861.2) (821.7) (777.0) (52.5) (689.5) (14.6) (639.9) 0
Accumulated Other Comprehensive Income 6.4 4.5 3.9 3.7 (1.1) 1.3 1.2 0.5 1.6 (0.2) 1.3 1.7 2.3 0.9 2.7 2.3 2.1 2.1 2.0 2.0 1.8 217.6
Total Stockholders' Equity 188.4 349.6 435.7 444.8 441.3 464.6 473.2 500.3 518.0 533.6 539.6 559.3 576.1 594.2 613.6 630.7 648.2 292.5 70.3 299.3 107.5 217.6
Total Liabilities & Equity 1,145.7 1,106.1 696.4 658.4 633.8 630.8 658.4 674.6 702.0 713.5 720.4 723.5 752.7 747.2 767.9 796.0 821.4 345.6 364.8 346.5 399.3 217.6
Debt Metrics
Total Debt 462.5 461.4 17.5 19.6 21.6 22.9 24.0 23.4 24.9 24.8 26.4 26.2 22.0 17.6 7.5 9.5 0 174.9 168.7 169.3 163.9 0
Net Debt 232.4 18.0 (169.9) (113.8) (96.4) (116.0) (124.3) (84.0) (58.9) (76.7) (92.4) (114.5) (159.9) (181.6) (254.5) (475.0) (490.8) 174.8 93.4 168.4 92.7 22.4
Metric 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Operating Activities
Net Income (152.5) (59.2) (22.6) (12.6) (35.2) (20.1) (38.7) (29.3) (30.1) (38.0) (38.0) (34.4) (37.8) (40.2) (39.5) (44.4) (46.0) (41.5) (20.4) (29.3)
Depreciation & Amortization 10.2 9.9 10.6 11.1 9.3 10.1 13.1 13.1 11.6 13.6 12.2 10.2 9.3 10.8 11.6 11.6 11.2 11.3 11.0 11.5
Stock-Based Compensation 15.5 13.5 13.5 12.5 12.0 11.8 11.6 13.1 12.5 12.6 16.7 15.4 15.7 19.4 20.6 19.8 29.3 4.6 4.9 3.1
Change in Working Capital 26.9 19.3 59.6 15.5 (9.0) (5.2) 4.2 1.0 (0.6) (3.1) 21.2 (13.8) 0.1 (20.4) (12.8) 9.2 0.2 1.5 (1.8) 9.7
Other Non-Cash Items 120.5 45.1 6.7 (9.2) 16.5 7.4 1.9 (2.2) 38.5 (1.2) (1.2) (8.0) (1.6) (0.0) (2.0) (2.8) (14.1) 11.2 (6.0) 8.8
Operating Cash Flow 20.6 28.6 67.8 17.3 (6.3) 4.1 (7.9) (4.3) (6.8) (22.9) 9.6 (30.6) (14.8) (30.3) (22.3) (6.5) (21.2) (12.7) (12.2) 3.9
Investing Activities
Capital Expenditure (21.6) (27.9) (18.4) (10.0) (13.0) (9.1) (20.9) (11.4) (10.1) (8.6) (16.6) (7.1) (2.0) (3.0) (4.3) (3.5) (6.2) (2.8) (3.3) (2.6)
Acquisitions (1.4) 0 (4.8) 0 0 0 0 (1.1) 0 (8.8) (1.3) 0 (3.8) 0 0 0 (9.6) 0 0 0
Purchases of Investments (220.9) (184.8) (22.4) 0 (34.7) (23.9) (53.6) (28.0) (23.0) (38.5) (92.5) (35.2) (41.0) (44.2) (195.1) 0 0 0 0 0
Sales/Maturities of Investments 45.0 41.7 15.4 11.7 34.5 22.4 121.7 75.3 23.9 75.2 77.8 30 42.2 13 0 0 0 0 0 0
Other Investing Activities (5.6) (1.2) 12.6 (1.8) (1.4) (1.5) 4.0 (4.3) (0.4) 1.0 0.9 (0.3) (0.1) (0.1) (0.1) (0.1) (0.1) (0.2) (0.1) (0.2)
Investing Cash Flow (204.4) (171.0) (19.4) 1.7 (13.1) (10.7) 51.2 30.5 (9.6) 20.3 (31.7) (12.6) (4.8) (34.3) (199.5) (3.7) (16.0) (3.0) (3.5) (2.8)
Financing Activities
Net Debt Issuance (39.6) 445.8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Stock Repurchased 0 0 0 0 7.3 (2.8) (2.5) (2.0) (1.9) (2.4) (2.9) (1.9) (2.0) (2.2) (1.8) (0.4) (5.6) 0 0 0
Dividends Paid 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (5.0) (59.8) (7.3) (12.5) (7.6) (7.4) (0.3) (0.4) 0.6 0.4 3.0 3.3 3.5 4.5 1.3 5.0 475.3 (3.0) (2.2) 0
Financing Cash Flow (31.0) 398.3 (1.0) (9.2) (0.2) (10.2) (2.7) (2.4) (1.2) (1.9) 0.2 1.4 1.5 2.3 (0.5) 4.6 469.7 (0.1) 17.4 2.2
Cash Position
Net Change in Cash (214.1) 256.7 47.3 15.6 (19.9) (16.7) 40.9 23.5 (17.6) (4.8) (22.0) (41.6) (16.7) (62.9) (222.8) (6.3) 431.8 (16.1) 1.4 3.2
Cash at Beginning 449.6 192.9 145.6 130.0 149.9 166.6 125.7 92.2 109.4 124.5 146.5 188.1 204.8 267.8 490.5 496.8 65.0 81.2 79.8 76.5
Cash at End 235.6 449.6 192.9 145.6 130.0 149.9 166.6 116.2 92.2 119.7 124.5 146.5 188.1 204.8 267.8 490.5 496.8 65.0 81.2 79.8
Free Cash Flow (1.0) 0.7 49.3 7.4 (19.3) (5.1) (28.8) (15.7) (16.9) (31.5) (7.0) (37.7) (16.8) (33.3) (26.5) (10.0) (27.4) (15.5) (15.5) 1.3
Key Metrics 2026 Q4 2026 Q3 2026 Q2 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1 2024 Q4 2024 Q3 2024 Q2 2024 Q1 2023 Q4 2023 Q3 2023 Q2 2023 Q1 2022 Q4 2022 Q3 2022 Q2 2022 Q1
Income Statement
Revenue 86.8 81.3 73.4 66.3 61.6 61.3 61.1 60.4 58.9 55.4 53.8 52.7 53.0 49.7 48.5 40.1 37.1 31.7 30.4 32.0
Gross Profit 47.0 46.6 42.3 36.6 38.2 37.5 32.3 31.7 32.5 26.0 26.3 28.1 29.1 25.0 23.5 16.5 13.9 10.9 10.6 12.8
Operating Income (36.0) (18.3) (18.0) (22.8) (19.4) (22.6) (39.6) (34.6) (33.9) (47.9) (43.3) (44.7) (42.7) (42.6) (42.6) (47.7) (57.2) (28.3) (24.3) (18.3)
Net Income (152.5) (59.2) (22.6) (12.6) (35.2) (20.1) (38.7) (29.3) (30.1) (38.0) (38.0) (34.4) (37.8) (40.2) (39.5) (44.4) (46.0) (41.5) (20.4) (29.3)
EPS (Diluted) -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 -0.43 -0.62
Balance Sheet
Cash & Equivalents 230.1 443.3 187.4 133.5 118.0 139.0 148.3 107.4 83.9 101.5 118.8 140.8 181.9 199.1 262.1 484.5 490.8 0.1 75.2 0.9 71.2 (22.4)
Total Assets 1,145.7 1,106.1 696.4 658.4 633.8 630.8 658.4 674.6 702.0 713.5 720.4 723.5 752.7 747.2 767.9 796.0 821.4 345.6 364.8 346.5 399.3 0
Total Debt 462.5 461.4 17.5 19.6 21.6 22.9 24.0 23.4 24.9 24.8 26.4 26.2 22.0 17.6 7.5 9.5 0 174.9 168.7 169.3 163.9 0
Stockholders' Equity 188.4 349.6 435.7 444.8 441.3 464.6 473.2 500.3 518.0 533.6 539.6 559.3 576.1 594.2 613.6 630.7 648.2 292.5 70.3 299.3 107.5 217.6
Cash Flow
Operating Cash Flow 20.6 28.6 67.8 17.3 (6.3) 4.1 (7.9) (4.3) (6.8) (22.9) 9.6 (30.6) (14.8) (30.3) (22.3) (6.5) (21.2) (12.7) (12.2) 3.9
Capital Expenditure (21.6) (27.9) (18.4) (10.0) (13.0) (9.1) (20.9) (11.4) (10.1) (8.6) (16.6) (7.1) (2.0) (3.0) (4.3) (3.5) (6.2) (2.8) (3.3) (2.6)
Free Cash Flow (1.0) 0.7 49.3 7.4 (19.3) (5.1) (28.8) (15.7) (16.9) (31.5) (7.0) (37.7) (16.8) (33.3) (26.5) (10.0) (27.4) (15.5) (15.5) 1.3