Current Liabilities
Deferred Revenue
Planet Labs Deferred Revenue increased by 51.2% to $220.57M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 168.1%, from $82.28M to $220.57M. Over 5 years (FY 2021 to FY 2026), Deferred Revenue shows an upward trend with a 30.8% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ4 2026Mar 23, 2026
How to read this metric
An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.
Detailed definition
This represents payments received from customers for goods or services that have not yet been delivered or performed. It...
Peer comparison
Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.
Metric ID:
deferred_revenue_currentHistorical Data
17 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $64.23M | $60.67M | $52.08M | $47.70M | $51.90M | $44.62M | $56.58M | $67.23M | $72.33M | $63.65M | $64.52M | $66.46M | $82.28M | $108.34M | $148.01M | $145.86M | $220.57M |
| QoQ Change | — | -5.5% | -14.2% | -8.4% | +8.8% | -14.0% | +26.8% | +18.8% | +7.6% | -12.0% | +1.4% | +3.0% | +23.8% | +31.7% | +36.6% | -1.5% | +51.2% |
| YoY Change | — | — | — | — | -19.2% | -26.5% | +8.6% | +40.9% | +39.4% | +42.6% | +14.0% | -1.1% | +13.8% | +70.2% | +129.4% | +119.5% | +168.1% |
Range$44.62M – $220.57M
CAGR+36.1%
Avg YoY Growth+46.1%
Median YoY Growth+39.4%
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Planet Labs's deferred revenue?
- Planet Labs (PL) reported deferred revenue of $220.57M in Q4 2025.
- How has Planet Labs's deferred revenue changed year-over-year?
- Planet Labs's deferred revenue increased by 168.1% year-over-year, from $82.28M to $220.57M.
- What is the long-term trend for Planet Labs's deferred revenue?
- Over 5 years (2021 to 2026), Planet Labs's deferred revenue has grown at a 30.8% compound annual growth rate (CAGR), from $57.57M to $220.57M.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.