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Planet Labs

PLNYSEStock Fundamentals

Planet Labs PBC is a leading provider of global daily satellite imagery and geospatial solutions, operating a large constellation of Earth-imaging satellites. The company captures a continuous stream of proprietary data to create a non-replicable historical archive, enabling organizations to monitor global change through AI-ready data sets and analytics. Their core value proposition lies in providing actionable insights for sustainability, digital transformation, and global security through a scalable, cloud-native platform.

Market Cap$18.3B
Revenue TTM$307.7M
Net Income TTM-$246.9M
Net Margin-80.22%
EPS TTM$-0.79
Free Cash Flow TTM$58.6M
Employees1.2K
CEOWilliam Spencer Marshall
CountryUnited States of America
Industrials
Aerospace & Defense
SegmentsAerospace & Defense, Geospatial Intelligence, Satellite Technology, Data Analytics
Business ModelsSubscription SaaS, Usage-based, Manufacturing-as-a-Service, Data-as-a-Service
Most Recent EarningsMar 19, 2026 · 2 months 11 days agoQ4 2026
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Next EarningsJun 4, 2026 · In 5 daysAfter Market Close · Q1 2027

Financials

Based on Q4 2026 filing

Gross Margin56.05%
Op. Margin-30.9%
ROE-78.4%
D/E8.28%
Current Ratio1.65
Total Debt$15.6M
Cash$229.4M
CapEx TTM$76.7M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Data and Analytics Solutions

primary

This segment focuses on selling licenses to proprietary satellite imagery and analytics via a cloud-based platform. It utilizes a 'one-to-many' subscription model where the same data can be sold multiple times to different customers for monitoring, change detection, and time-series forecasting.

Products

Planet Monitoring, Planet Insights Platform, Planetary Variables, Sentinel Hub, SuperDove, SkySat, Pelican, Tanager

Customers

Agriculture companies, Defense and intelligence agencies, Civil governments, Financial institutions, Insurance providers

Satellite Services

moderate

Leveraging its 'agile aerospace' expertise, the company provides end-to-end spacecraft manufacturing and mission services for third parties. This includes designing and manufacturing customer-owned satellites, launch procurement, and ground station operations.

Products

Mission systems engineering, Launch procurement, Ground station infrastructure, Satellite operations and maintenance, Dedicated image tasking capacity

Customers

Large scale government agencies, Enterprise customers, Philanthropic organizations

Segment Financials

Latin America — Revenue

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EMEA — Revenue

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JP — Revenue

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US — PP&E (Net)

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Hosting And Other Services — Costs And Expenses Related Party

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Business Overview

Competitive Position

Planet Labs maintains a significant competitive advantage through its massive historical archive of daily Earth imagery dating back to 2017 and its vertically integrated 'agile aerospace' manufacturing model.

Geographies

Global

Customer Segments

Federal Government, Enterprise, B2B, B2G

Upstream Dependencies

Electronic component suppliers, Launch vehicle providers, Cloud infrastructure providers, Raw material suppliers for satellite manufacturing

Downstream Customers

Precision agriculture firms, Intelligence and defense analysts, Environmental monitoring NGOs, Commodity traders, Urban planners

Competitors & Partners

Partners

N

NASA

Collaboration on hyperspectral imaging and data harmonization with Landsat

J

Jet Propulsion Laboratory

Development partner for the Tanager hyperspectral satellite

C

Carbon Mapper

Philanthropic partner for methane and CO2 tracking

E

European Space Agency

Data harmonization partner for Copernicus satellite programs

Alphabet Inc. logo

Alphabet Inc.

GOOGL

Cloud infrastructure and historical data partnership

Microsoft logo

Microsoft

MSFT

AI and cloud analytics integration partner

Subsidiaries

S

Sinergise

Developer of the Sentinel Hub platform integrated into Planet Insights

V

VanderSat

Provider of advanced water and agricultural data analytics

B

BlackBridge

Former operator of the RapidEye constellation

Planet Labs logo

Planet Labs FAQ

Common questions about Planet Labs

Planet Labs PBC is a leading provider of global daily satellite imagery and geospatial solutions, operating a large constellation of Earth-imaging satellites. The company captures a continuous stream of proprietary data to create a non-replicable historical archive, enabling organizations to monitor global change through AI-ready data sets and analytics. Their core value proposition lies in providing actionable insights for sustainability, digital transformation, and global security through a scalable, cloud-native platform.

Planet Labs (PL) has a market capitalization of $18.3B and trades on NYSE.

Planet Labs generated $307.7M in trailing twelve-month revenue with a net loss of $246.9M, representing a net margin of -80.2%. Gross margin stands at 56.0%, with free cash flow of $58.6M. These figures are based on the Q1 2026 filing.

Planet Labs's key competitors include BlackSky Technology, Satellogic, Spire Global, and others. These companies compete in similar markets and product categories.

Planet Labs has approximately 1,180 employees.