Current Liabilities
Income Taxes Payable
Planet Labs Income Taxes Payable increased by 43.2% to $3.18M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 103.9%, from $1.56M to $3.18M. Over 4 years (FY 2021 to FY 2025), Income Taxes Payable shows an upward trend with a 35.0% CAGR.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ3 2026Dec 10, 2025
How to read this metric
An increase often reflects higher taxable income, while a decrease may indicate tax payments made or lower taxable earnings.
Detailed definition
This represents the current portion of income tax obligations owed to various government taxing authorities based on tax...
Peer comparison
Common across all profitable corporations, varying based on effective tax rates and jurisdictional tax laws.
Metric ID:
income_taxes_payableHistorical Data
16 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.73M | $4.04M | $4.03M | $1.80M | $2.27M | $2.64M | $2.30M | $2.74M | $3.15M | $1.90M | $2.22M | $1.56M | $2.79M | $2.55M | $2.22M | $3.18M |
| QoQ Change | — | +8.4% | -0.4% | -55.2% | +26.0% | +16.3% | -13.0% | +19.4% | +14.9% | -39.8% | +17.1% | -29.8% | +79.0% | -8.8% | -12.7% | +43.2% |
| YoY Change | — | — | — | — | -39.1% | -34.7% | -42.9% | +52.1% | +38.7% | -28.2% | -3.3% | -43.1% | -11.4% | +34.1% | +0.0% | +103.9% |
Range$1.56M – $4.04M
CAGR-4.2%
Avg YoY Growth+2.2%
Median YoY Growth-7.4%
Income Taxes Payable at Other Companies
Frequently Asked Questions
- What is Planet Labs's income taxes payable?
- Planet Labs (PL) reported income taxes payable of $3.18M in Q3 2025.
- How has Planet Labs's income taxes payable changed year-over-year?
- Planet Labs's income taxes payable increased by 103.9% year-over-year, from $1.56M to $3.18M.
- What is the long-term trend for Planet Labs's income taxes payable?
- Over 4 years (2021 to 2025), Planet Labs's income taxes payable has grown at a 35.0% compound annual growth rate (CAGR), from $841.00K to $2.79M.
- What does income taxes payable mean?
- The amount of income tax the company owes to government authorities for the current period.