Tax

Income Tax

Planet Labs Income Tax increased by 212.0% to $2.45M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 123.2%, from $1.10M to $2.45M. Over 3 years (FY 2022 to FY 2026), Income Tax shows an upward trend with a 30.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionTax
CategoryProfitability
SignalLower is better
VolatilityStable
First reportedQ1 2020
Last reportedQ4 2026Mar 23, 2026

How to read this metric

An increase relative to pre-tax income may signal a higher effective tax rate or changes in tax legislation, while a decrease may indicate tax benefits or lower jurisdictional rates.

Detailed definition

Represents the total provision for income taxes recognized by the company during the reporting period, including both cu...

Peer comparison

Highly dependent on the company's geographic footprint and tax planning strategies compared to peers.

Metric ID: income_tax_expense

Historical Data

19 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26
Value$258.00K$170.00K$394.00K$1.29M$314.00K$154.00K$439.00K$0.00$307.00K$582.00K$355.00K$442.00K$897.00K$25.00K$1.10M$928.00K$497.00K$784.00K$2.45M
QoQ Change-34.1%+131.8%+226.9%-75.6%-51.0%+185.1%-100.0%+89.6%-39.0%+24.5%+102.9%-97.2%>999%-15.3%-46.4%+57.7%+212.0%
YoY Change+21.7%-9.4%+11.4%-100.0%-2.2%+277.9%-19.1%+44.0%+54.1%-93.0%+110.0%-44.6%>999%+123.2%
Range$0.00$2.45M
CAGR+64.8%
Avg YoY Growth+243.6%
Median YoY Growth+16.6%
Current Streak2 quarters growth

Frequently Asked Questions

What is Planet Labs's income tax?
Planet Labs (PL) reported income tax of $2.45M in Q4 2025.
How has Planet Labs's income tax changed year-over-year?
Planet Labs's income tax increased by 123.2% year-over-year, from $1.10M to $2.45M.
What is the long-term trend for Planet Labs's income tax?
Over 3 years (2022 to 2026), Planet Labs's income tax has grown at a 30.2% compound annual growth rate (CAGR), from $2.11M to $4.66M.
What does income tax mean?
The total amount of income tax the company is required to pay on its earnings.