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Planet Labs Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Planet Labs holds $1.1B in total assets. Shareholders' equity is $188.4M against $15.6M in total debt. Cash and equivalents total $229.4M. The current ratio is 1.65 and debt-to-equity is 0.083. Based on the Q1 2026 filing.

Total Assets$1.1BTotal Stockholders Equity$188.4MLong Term Debt-Cash And Equivalents$229.4MTotal Current Assets$775.4MTotal Current Liabilities$469.5M
Latest FilingQ1 2026
Report Date2026-03-23
Market Cap$18.3B
ROE-78.4%

Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q4 '27
Accounts receivable, net$55.8M$74.7M$51.6M$46.3M$83.5M—
Available-for-Sale Debt Securities - Amortized Cost$61.0M$54.0M$31.0M$106.2M——
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)$61.0M$54.0M$31.0M$106.2M——
Allowance for Doubtful Accounts$807.0K$1.5M$396.0K$31.0K——
Allowance for Doubtful Accounts Receivable (Current)$807.0K$1.5M$396.0K$31.0K——
Capitalized Contract Costs, Current$2.0M$1.7M$1.6M$1.6M——
Cash and cash equivalents$130.0M$145.6M$192.9M$449.6M$229.4M—
Available For Sale Securities Debt Securities Current$104.0M$92.6M$90.5M$234.0M$410.6M—
Deferred costs$2.0M$1.7M$1.6M$1.6M——
Trading assets$61.2M$54.1M$31.0M$106.3M——
Inventories$0.0$152.3K$152.3K$152.3K$6.1M—
Prepaid expenses and other current assets$17.7M$17.4M$26.0M$29.6M$45.0M—
Restricted cash$6.6M$6.6M$6.3M$906.0K$642.0K—
Short-term investments$104.0M$92.6M$90.5M$234.0M$410.6M—
Total current assets$302.2M$324.8M$355.5M$754.1M$775.4M—

Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q4 '27
Accrued expenses$8.1M$4.4M$6.3M$6.3M——
Accrued Manufacturing Costs$8.1M$4.4M$6.3M$6.3M——
Accrued Progress Collections and Price Adjustments$11.2M$29.7M$25.0M$48.3M$27.5M—
Contract liabilities$11.2M$29.7M$25.0M$48.3M$27.5M—
Accrued And Other Current Liabilities$42.6M$28.8M$32.4M$28.7M$55.9M—
Compensation and benefits$8.1M$4.4M$6.3M$6.3M——
Liabilities Early Exercise Of Stock Options Current$5.4M$4.5M$3.6M$2.7M$1.8M—
Public And Private Placement Warrant Liabilities$0.0———$173.3M—
Deferred revenue$82.3M$108.3M$148.0M$145.9M$220.6M—
Income taxes payable$2.8M$2.5M$2.2M$3.2M——
Lease Liability Payments - 2020 (Remaining Three Months)—$7.9M$5.2M$2.6K——
Operating Lease Liability Payments - 2024 (Lessee)—$3.3M$3.3M$3.3K——
Operating Lease Liability Payments - 2025 (Lessee)—$864.0K$943.0K$943.0——
Lease Liability Payments - Due Year Two—$3.3M$3.3M$3.3K——
Lease Liability Payments - Due Year Three—$2.1M$2.2M$2.2K——
Lease Liability Payments - Due Year Four—$864.0K$943.0K$943.0——
Lease Liability Payments - Remainder of Fiscal Year—$7.4M$7.5M$7.5K——
Operating lease liabilities, current$9.2M$8.8M$8.4M$7.9M$7.3M—
Operating Lease Liability Payments Due—$21.7M$19.3M$16.7K——
Operating Lease Liability - Undiscounted Excess Amount—$2.1M$1.8M$1.5K——
Restructuring Reserve$250.0K$0.0$0.0$0.0——
Total current liabilities$142.1M$154.6M$203.5M$188.6M$469.5M—

Equity

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q4 '27
Additional paid-in capital$1.6B$1.7B$1.7B$1.6B$1.6B—
Accumulated other comprehensive income (loss)-$1.1M$3.7M$3.9M$4.5M$6.4M—
Common stock$28.0K$28.0K$28.0K$28.0K$34.0K—
Common Stock Par Value Per Share$0.00$0.00$0.00$0.00——
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$28.0K$28.0K$28.0K$28.0K$34.0K—
Number of Exercisable Options—$1.5M$32.6M$129.4M——
Retained earnings-$1.2B-$1.2B-$1.2B-$1.3B-$1.4B—
Share-Based Payment Award Options Outstanding - Number23.2M22.3M20.3M16.4M——
Total liabilities and stockholders' equity$633.8M$658.4M$696.4M$1.1B$1.1B—
Total stockholders' equity$441.3M$444.8M$435.7M$349.6M$188.4M—
Unrealized Gains on Investments$215.0K$169.0K$73.0K$194.0K——
Unrealized Losses on Investments (Before Tax)$74.0K$12.0K$48.0K$50.0K——
Warrants and Rights Outstanding1.1M——1.1M——
Weighted Average Exercise Price of Exercisable Options—$5.46$5.62$5.42——
Weighted Average Exercise Price of Outstanding Options$5.49$5.58$5.70$5.50——

Non-Current Assets

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q4 '27
Capitalized Contract Costs, Net$3.7M$3.1M$3.6M$3.4M——
Accumulated Amortization on Capitalized Software$32.6M$33.3M$34.0M$34.7M——
Capitalized Computer Software, Net$51.5M$53.1M$54.6M$55.8M$21.5M—
Deferred Tax Assets and Other Non-Current Assets$1.9M$1.6M$2.2M$2.0M$8.1M—
Finite Lived Intangible Assets - Gross$63.9M$64.8M$65.1M$65.3M——
Goodwill$136.3M$138.5M$138.6M$139.0M$143.5M—
Intangible assets, net$27.5M$27.8M$26.6M$25.5M$26.6M—
Net Investment in Lease$19.8M$17.9M$16.1M$14.0M$14.6M—
Capitalized software licenses$19.0M$19.8M$20.6M$21.1M$21.5M—
Deferred costs$1.7M$1.4M$2.0M$1.7M——
Intangible assets — net$27.5M$27.8M$26.6M$25.5M——
Other intangible assets—net$27.5M$27.8M$26.6M$25.5M$26.6M—
Operating lease right-of-use assets$19.8M$17.9M$16.1M$14.0M$14.6M—
Other non-current assets$1.9M$1.6M$2.2M$2.0M$8.1M—
Property, plant and equipment at cost$368.6M$376.0M$389.6M$376.2M——
Operating lease right-of-use assets$19.8M$0.1$0.1$0.1$14.6M—
Operating Lease Right-of-Use Assets in Other Assets$19.8M$17.9M$16.1M$14.0M$14.6M—
Other non-current assets$1.9M$1.4M$2.0M$1.7M$8.1M—
Accumulated depreciation$246.8M$253.5M$258.3M$231.1M——
Property and equipment, net$121.7M$122.5M$131.3M$145.1M$150.6M—
Software and Technology Licenses, Net$51.5M$53.1M$54.6M$55.8M$21.5M—
Total assets$633.8M$658.4M$696.4M$1.1B$1.1B—

Non-Current Liabilities

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q4 '27
Contingent Consideration Liability (Non-Current)$2.9M$2.7M$2.8M$3.6M$0.0—
Contract Liabilities, Non-Current$11.2M$29.7M$25.0M$48.3M$27.5M—
Operating Lease Liability Payments - 2027 (Lessee)—$2.1M$2.2M$2.2K——
Operating Lease Liability Payments - 2028 (Lessee)—$864.0K$943.0K$943.0——
Deferred revenue, net of current portion$11.2M$29.7M$25.0M$48.3M$27.5M—
Operating lease liabilities, non-current$12.4M$10.8M$9.1M$7.2M$8.3M—
Operating Lease Liabilities (Total)$21.6M$19.6M$17.5M$15.2K$15.6M—
Other non-current liabilities$530.0K$415.0K$438.0K$477.0K$1.1M—
Total liabilities$192.5M$213.6M$260.7M$756.5M$957.3M—
Unrecognized Tax Benefits$10.2M$10.6M$10.9M$11.1M——
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued$0.0$0.0$0.0$0.0——

Other

MetricQ4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q4 '27
Cumulative Cost Basis$368.6M$376.0M$389.6M$376.2M——
Deferred Revenue Timing Percentage——32.0%33.0%——
Allowance for doubtful accounts$807.0K$1.5M$396.0K$31.0K——
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$74.0K$12.0K$48.0K$50.0K——
Gross Unrealized Gains$215.0K$169.0K$73.0K$194.0K——
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One$61.0M$54.0M$31.0M$106.2M——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One$61.2M$54.1M$31.0M$106.3M——
Business Combination Contingent Consideration Number Of Milestones2.00—————
Capitalized Contract Cost, Net$3.7M$3.1M$3.6M$3.4M——
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1$9.38——$9.38——
Class of Warrant or Right, Outstanding$1.1M——$1.1M——
Other Commitment—$33.4M$33.4M$33.4M——
Common stock, par value (in dollars per share)$0.0$0.0$0.0$0.0——
Other Contractual Commitments - Due in Remainder of 2025—$25.3M$18.0M$9.8M——
Convertible Notes Payable$0.0——$446.2M$446.9M—
Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year One Through Two$42.9M$38.5M$59.4M$127.6M——
Amortized cost of available-for-sale debt securities, current$103.9M$92.5M$90.4M$233.8M——
Debt Securities Available For Sale Fair Value Maturity Allocated And Single Maturity Date After Year One Through Two$42.9M$38.5M$59.4M$127.7M——
Deferred Hosting And Other Services Costs Current$5.2M$5.1M$5.1M$5.0M——
Deferred Hosting Costs Noncurrent$5.4M$7.8M$6.5M$5.3M$4.0M—
Deferred Research And Development Service Liability Current$4.7M$2.7M$1.6M$210.0K——
Derivative Instrument Contingent Consideration Liability Earnout Period Stock Price Number Of Tranches—————4.00
Escrow Liability Current$5.0M$5.0M$5.0M$0.0——
Finite-Lived Intangible Assets, Accumulated Amortization$36.2M$37.7M$39.2M$40.6M——
Gross Carrying Amount$63.9M$64.8M$65.1M$65.3M——
Goodwill Accumulated Amortization$0.0$0.0$0.0$0.0——
Goodwill Accumulated Foreign Currency Translation Gain Loss$368.0K$2.5M$2.7M$3.0M——
Goodwill, Gross$136.0M$136.0M$136.0M$136.0M——
Lessee Operating Lease Liability Payments Due—$21.7M$19.3M$16.7K——
Lessee Operating Lease Liability To Be Paid Due After Year Four——$164.0K$173.0——
Lessee Operating Lease Liability Undiscounted Excess Amount—$2.1M$1.8M$1.5K——
Operating Lease Weighted Average Discount Rate Percent—$0.1$0.1$0.1——
Other accrued liabilities$11.9M$9.0M$11.6M$12.7M——
Other Commitment—$91.5M$84.2M$76.0M——
Other contractual commitments, Due in 2026 (remainder)—$25.3M$18.0M$9.8M——
Severance accrual, current$250.0K$0.0$0.0$0.0——
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$451.9M$690.1M$672.5M——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number$23.2M$22.3M$20.3M$16.4M——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price$5.5$5.6$5.7$5.5——
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value—$1.5M$32.6M$129.4M——
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value—$1.5M$32.6M$130.5M——
Unrecognized tax benefits$10.2M$10.6M$10.9M$11.1M——
Penalties and interest accrued on unrecognized tax benefits$0.0—$0.0$0.0——
Warrants And Rights Outstanding$18.1M$7.7M$13.4M$56.8M$0.0—
Purchase Obligation—$91.5M$84.2M$76.0M——
Remainder of Fiscal Year 2024—$7.9M$5.2M$2.6K——