Planet Labs PBC PL

Technology SIC 3663 - Radio & Tv Broadcasting & Communications Equipment NAICS Manufacturing › Computer and Electronic Product Manufacturing › Communications Equipment Manufacturing › Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing derived NYSE

Planet's mission is to use space to help life on Earth, by imaging the world every day and making global change visible, accessible, and actionable. We have designed, built, launched, and operated hundreds of satellites used to collect a powerful and growing data set of over 3,000 images on average for every point on Earth's landmass, creating a non-replicable historical archive for analytics, machine learning, and insights. Complementing our foundational data offerings, we have advanced data processing capabilities that enable us to produce "AI-ready" data sets and offer AI-enabled solutions, either directly or through partnership with third parties. In addition, our satellite services arrangements provide a broad spectrum of advanced offerings to large scale government and enterprise customers, including designing and manufacturing customer-owned satellites. We also provide critical related services in these satellite services arrangements such as reliable mission systems engineering, launch procurement, ground station infrastructure, satellite operations, and maintenance. Separately, we also provide dedicated image tasking capacity on Company owned or customer owned satellites.

Last close 13.41 2026-10-23
Market cap $4.82B estimated share count
52-week range 10.52 - 51.76

Valuation FY2025 figures against the last close

P/S15.7x
P/E—
P/FCF83.6x
EV/EBITDA—
Dividend yield—
Diluted EPS-0.80

Annual financial statements

Income statement

Fiscal year FY2025FY2026FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Revenue $307.7M—$244.4M$220.7M$191.3M$131.2M$113.2M$95.7M—
Cost of revenue $135.2M—$104.6M$107.7M$97.2M$83.0M$87.4M$102.4M—
Gross profit $172.5M—$139.7M$113.0M$94.0M$48.2M$25.8M-$6.7M—
R&D $106.7M—$101.0M$116.3M$110.9M$66.7M$43.8M$37.9M—
SG&A $88.1M—$77.1M$80.1M$80.7M$56.7M$32.1M$27.0M—
Total operating expenses $267.6M—$255.8M$282.7M$269.7M$176.3M$113.2M$99.8M—
Operating income -$95.1M—-$116.1M-$169.7M-$175.7M-$128.1M-$87.4M-$106.5M—
Interest expense $3.4M—$832.0K$0$0$8.8M$9.4M$6.9M—
Pre-tax income -$242.2M—-$120.7M-$139.7M-$161.1M-$135.0M-$126.0M-$123.6M—
Income tax $4.7M—$2.5M$815.0K$847.0K$2.1M$1.1M$130.0K—
Net income -$246.9M—-$123.2M-$140.5M-$162.0M-$137.1M-$127.1M-$123.7M—
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, diluted (wtd. avg.) 307.8M—292.1M279.6M267.1M79.6M44.2M42.9M—

Balance sheet

Fiscal year FY2025FY2026FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Cash and equivalents $229.4M—$118.0M$102.2M$188.1M$496.8M$76.5M$27.7M$79.9M
Short-term investments $410.6M—$104.0M$215.0M$226.9M$0———
Receivables $83.5M—$55.8M$43.3M$39.0M$44.4M$47.1M——
Inventory $6.1M—$0——————
Total current assets $775.4M—$302.2M$370.2M$475.7M$551.5M$125.4M——
Property, plant and equipment $150.6M—$121.7M$113.4M$108.1M$133.3M$159.9M——
Goodwill $143.5M—$136.3M$136.3M$112.7M$103.2M$88.4M$88.4M—
Other intangibles $26.6M—$27.5M$32.4M$14.8M$14.2M$5.7M——
Total assets $1.15B—$633.8M$702.0M$752.7M$821.4M$399.3M——
Accounts payable $10.6M—$2.6M$2.6M$6.9M$2.9M$1.4M——
Total current liabilities $469.5M—$142.1M$136.6M$122.3M$132.0M$108.8M——
Total liabilities $957.3M—$192.5M$184.0M$176.6M$173.2M$291.8M——
Retained earnings -$1.45B—-$1.20B-$1.08B-$939.3M-$777.0M-$639.9M——
Total equity $188.4M—$441.3M$518.0M$576.1M$648.2M$107.5M$217.6M$305.8M

Cash flow

Fiscal year FY2025FY2026FY2024FY2023FY2022FY2021FY2020FY2019FY2018
Operating cash flow $134.4M—-$14.4M-$50.7M-$73.9M-$42.2M-$4.0M-$33.7M—
Depreciation and amortisation $41.8M—$45.6M$47.6M$43.3M$45.0M$62.2M$77.6M—
Stock-based compensation $55.0M—$48.5M$57.1M$75.5M$42.0M$14.0M$5.1M—
Capital expenditure $76.7M—$44.3M$38.0M$10.4M$10.3M$26.1M$16.7M—
Investing cash flow -$393.1M—$57.9M-$33.6M-$242.3M-$25.1M-$30.8M-$27.2M—
Financing cash flow $357.1M—-$15.5M-$1.6M$7.9M$489.2M$83.9M$8.7M—

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-241945.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -400M -200M 0 200M 400M Revenue, FY2019: 95.7M Gross profit, FY2019: -6.7M Net income, FY2019: -123.7M Revenue, FY2020: 113.2M Gross profit, FY2020: 25.8M Net income, FY2020: -127.1M Revenue, FY2021: 131.2M Gross profit, FY2021: 48.2M Net income, FY2021: -137.1M Revenue, FY2022: 191.3M Gross profit, FY2022: 94M Net income, FY2022: -162M Revenue, FY2023: 220.7M Gross profit, FY2023: 113M Net income, FY2023: -140.5M Revenue, FY2024: 244.4M Gross profit, FY2024: 139.7M Net income, FY2024: -123.2M Revenue, FY2025: 307.7M Gross profit, FY2025: 172.5M Net income, FY2025: -246.9M FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2026 FY2025
Fiscal year FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2026FY2025
Revenue — $95.7M $113.2M $131.2M $191.3M $220.7M $244.4M — $307.7M
Gross profit — -$6.7M $25.8M $48.2M $94.0M $113.0M $139.7M — $172.5M
Net income — -$123.7M -$127.1M -$137.1M -$162.0M -$140.5M -$123.2M — -$246.9M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Other event Item 8.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Shareholder rights changed The terms attaching to the shares themselves have changed. Item 3.03
  • Other event Item 8.01
  • Unregistered share sale Item 3.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 3663

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MSI Motorola Solutions, Inc. $79.74B 37.8x 8.0%
UI Ubiquiti Inc. $35.56B 37.1x 27.2%
ONDS Ondas Inc. $3.54B — 605.3%
VISN Vistance Networks, Inc. $1.41B 0.6x 39.7%
HLIT HARMONIC INC. $1.10B — -26.2%
UMAC Unusual Machines, Inc. $850.3M — 101.2%
BKSY BlackSky Technology Inc. $719.5M — 4.4%