Non-Current Assets

Accumulated Amortization on Capitalized Software

Planet Labs Accumulated Amortization on Capitalized Software increased by 2.2% to $34.73M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $31.82M to $34.73M. Over 4 years (FY 2021 to FY 2025), Accumulated Amortization on Capitalized Software shows an upward trend with a 12.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2026Dec 10, 2025

How to read this metric

An increase indicates the aging of the company's software portfolio, while a stable ratio relative to gross capitalized software suggests consistent investment and replacement cycles.

Detailed definition

This represents the total cumulative expense recognized for software development costs that were capitalized as assets....

Peer comparison

Common across technology and fintech firms; peers with higher R&D intensity will show larger balances.

Metric ID: capitalized_software_accumulated_amortization

Historical Data

16 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$25.69M$26.22M$26.96M$27.61M$28.12M$28.60M$29.08M$29.55M$30.04M$30.64M$31.22M$31.82M$32.55M$33.28M$33.99M$34.73M
QoQ Change+2.1%+2.8%+2.4%+1.8%+1.7%+1.7%+1.6%+1.6%+2.0%+1.9%+1.9%+2.3%+2.2%+2.1%+2.2%
YoY Change+9.5%+9.1%+7.9%+7.0%+6.8%+7.1%+7.3%+7.7%+8.4%+8.6%+8.9%+9.1%
Range$25.69M$34.73M
CAGR+8.4%
Avg YoY Growth+8.1%
Median YoY Growth+8.1%
Current Streak15+ quarters growth

Frequently Asked Questions

What is Planet Labs's accumulated amortization on capitalized software?
Planet Labs (PL) reported accumulated amortization on capitalized software of $34.73M in Q3 2025.
How has Planet Labs's accumulated amortization on capitalized software changed year-over-year?
Planet Labs's accumulated amortization on capitalized software increased by 9.1% year-over-year, from $31.82M to $34.73M.
What is the long-term trend for Planet Labs's accumulated amortization on capitalized software?
Over 4 years (2021 to 2025), Planet Labs's accumulated amortization on capitalized software has grown at a 12.3% compound annual growth rate (CAGR), from $20.43M to $32.55M.
What does accumulated amortization on capitalized software mean?
The total amount of software development costs already expensed over time.