Allowance for doubtful accounts
Planet Labs Allowance for doubtful accounts decreased by 92.2% to $31.00K in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 93.0%, from $446.00K to $31.00K. Over 4 years (FY 2021 to FY 2025), Allowance for doubtful accounts shows a downward trend with a -9.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increasing allowance relative to receivables may signal deteriorating customer credit quality or a weakening economic environment.
Detailed definition
This is a contra-asset account that represents the estimated portion of accounts receivable that the company does not ex...
Peer comparison
Standard accounting practice; peers in similar industrial sectors typically maintain reserves proportional to their credit risk profile.
other_allowance_for_doubtful_accounts_receivable_currentHistorical Data
| 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 | $1.03M | $1.29M | $1.27M | $1.49M | $1.29M | $1.30M | $786.00K | $1.14M | $1.54M | $895.00K | $668.00K | $446.00K | $807.00K | $1.46M | $396.00K | $31.00K |
| QoQ Change | — | +24.8% | -1.4% | +17.3% | -13.4% | +0.8% | -39.5% | +44.9% | +35.1% | -41.8% | -25.4% | -33.2% | +80.9% | +80.9% | -72.9% | -92.2% |
| YoY Change | — | — | — | — | +25.0% | +0.9% | -38.1% | -23.5% | +19.4% | -31.1% | -15.0% | -60.8% | -47.6% | +63.1% | -40.7% | -93.0% |
Allowance for doubtful accounts at Other Companies
Frequently Asked Questions
- What is Planet Labs's allowance for doubtful accounts?
- Planet Labs (PL) reported allowance for doubtful accounts of $31.00K in Q3 2025.
- How has Planet Labs's allowance for doubtful accounts changed year-over-year?
- Planet Labs's allowance for doubtful accounts decreased by 93.0% year-over-year, from $446.00K to $31.00K.
- What is the long-term trend for Planet Labs's allowance for doubtful accounts?
- Over 4 years (2021 to 2025), Planet Labs's allowance for doubtful accounts has grown at a -9.7% compound annual growth rate (CAGR), from $1.22M to $807.00K.
- What does allowance for doubtful accounts mean?
- The estimated amount of money owed by customers that the company expects will not be paid.