Other
Purchase Obligation
Planet Labs Purchase Obligation decreased by 9.7% to $75.96M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 28.9%, from $106.77M to $75.96M.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ3 2026Dec 10, 2025
How to read this metric
High purchase obligations ensure supply security but reduce flexibility; low obligations may increase exposure to market price volatility.
Detailed definition
This metric represents legally binding, non-cancelable agreements to purchase goods or services in the future. It provid...
Peer comparison
Standard disclosure in the contractual obligations section of annual reports for large enterprises.
Metric ID:
purchase_obligationHistorical Data
14 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $180.89M | $174.11M | $166.98M | $159.97M | $155.51M | $147.26M | $139.11M | $130.50M | $123.37M | $114.18M | $106.77M | $91.48M | $84.16M | $75.96M |
| QoQ Change | — | -3.8% | -4.1% | -4.2% | -2.8% | -5.3% | -5.5% | -6.2% | -5.5% | -7.5% | -6.5% | -14.3% | -8.0% | -9.7% |
| YoY Change | — | — | — | — | -14.0% | -15.4% | -16.7% | -18.4% | -16.2% | -17.9% | -18.2% | -25.8% | -26.3% | -28.9% |
Range$75.96M – $180.89M
CAGR-23.4%
Avg YoY Growth-19.8%
Median YoY Growth-18.1%
Current Streak13+ quarters decline
Purchase Obligation at Other Companies
Frequently Asked Questions
- What is Planet Labs's purchase obligation?
- Planet Labs (PL) reported purchase obligation of $75.96M in Q3 2025.
- How has Planet Labs's purchase obligation changed year-over-year?
- Planet Labs's purchase obligation decreased by 28.9% year-over-year, from $106.77M to $75.96M.
- What does purchase obligation mean?
- The total value of binding agreements to buy goods or services in the future.