Discontinued — last reported Q2 '26
Business Segments · Cost of revenue
Business Segments — Cost of revenue
Planet Labs Business Segments — Cost of revenue increased by 7.5% to $20.59M in Q2 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.6%, from $16.13M to $20.59M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ2 2026Sep 8, 2025
Rolls up toTotal Cost of Revenue
How to read this metric
Lower costs relative to revenue indicate improved operational efficiency and better gross margins.
Detailed definition
These are the direct costs associated with producing and delivering satellite imagery and data products to customers. Th...
Peer comparison
Similar to cost of goods sold (COGS) for technology-enabled service companies.
Metric ID:
pl_segment_reportable_segment_cost_of_revenueHistorical Data
12 periods
| Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q1 '26 | Q2 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.60M | $13.60M | $13.60M | $13.60M | $15.61M | $15.61M | $15.61M | $15.61M | $17.06M | $16.13M | $19.15M | $20.59M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +14.8% | +0.0% | +0.0% | +0.0% | +9.3% | -5.4% | +18.7% | +7.5% |
| YoY Change | — | — | — | — | +14.8% | +14.8% | +14.8% | +14.8% | +9.3% | +3.4% | +12.3% | +27.6% |
Range$13.60M – $20.59M
CAGR+16.3%
Avg YoY Growth+14.0%
Median YoY Growth+14.8%
Current Streak2 quarters growth
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Frequently Asked Questions
- What is Planet Labs's business segments — cost of revenue?
- Planet Labs (PL) reported business segments — cost of revenue of $20.59M in Q2 2025.
- How has Planet Labs's business segments — cost of revenue changed year-over-year?
- Planet Labs's business segments — cost of revenue increased by 27.6% year-over-year, from $16.13M to $20.59M.
- What does business segments — cost of revenue mean?
- The direct costs incurred to generate the segment's revenue.