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Planet Labs

PL

Planet Labs PBC is a leading provider of global daily satellite imagery and geospatial solutions, operating a large constellation of Earth-imaging satellites.

Market cap
$9.69B+384%
Revenue$335.6M+34.2%
Net income-$373.1M-250%
Free cash flow$47.5M+235%
EPS (diluted)-$1.15-219%
Trailing twelve months · change vs. prior year

Earnings

Next report

Sep 14, 2026 (in 2 months)
Revenue estimate$104.5M
EPS estimate-$0.02

Financials

Q1 2027

Income statement

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Revenue$94.2M+42.1%
Gross profit$50.4M+37.7%
Operating income-$34.9M-53.2%
Net income-$138.9M-1,000%
EPS (diluted)-$0.40-900%

Balance sheet

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Cash & equivalents$375.6M+158%
Total debt$40.5K-99.8%
Total equity$443.7M-0.2%
Total assets$1.3B+90.1%

Cash flow

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Operating cash flow$15.4M-11.0%
CapEx$17.3M+113%
Free cash flow-$1.9M-120%

Valuation & ratios

Valuation

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Market cap$9.69B+384%
Enterprise value$9.32B+379%
P/S28.9×+20.6×

Profitability

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Gross margin55.5%-2.3pp
Operating margin-31.9%-6.1pp
Net margin-111.2%-293pp
FCF margin14.2%+9.4pp

Returns & leverage

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Return on equity-84%-133pp
Debt / equity0.0×
Current ratio2.8×+0.7×

Segments

By geography

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North America$37.0M+25.4%
EMEA$35.1M+86.0%
Asia Pacific And Japan$19.3M+26.1%
Latin America$2.8M+6.9%

Competitors

Profile

Planet Labs PBC is a leading provider of global daily satellite imagery and geospatial solutions, operating a large constellation of Earth-imaging satellites. The company captures a continuous stream of proprietary data to create a non-replicable historical archive, enabling organizations to monitor global change through AI-ready data sets and analytics. Their core value proposition lies in providing actionable insights for sustainability, digital transformation, and global security through a scalable, cloud-native platform.

Competitive position

Planet Labs maintains a significant competitive advantage through its massive historical archive of daily Earth imagery dating back to 2017 and its vertically integrated 'agile aerospace' manufacturing model.

GeographiesGlobal
Customer segmentsFederal Government, Enterprise, B2B, B2G
Business modelSubscription SaaS, Usage-based, Manufacturing-as-a-Service, Data-as-a-Service
SuppliersElectronic component suppliers, Launch vehicle providers, Cloud infrastructure providers, Raw material suppliers for satellite manufacturing
CustomersPrecision agriculture firms, Intelligence and defense analysts, Environmental monitoring NGOs, Commodity traders, Urban planners
Listed2021
Employees1.2K
CEOWilliam Spencer Marshall
Websiteplanet.com
FilingsSEC EDGAR

Questions, answered.

What is Planet Labs's market cap?
Planet Labs (PL) has a market capitalization of $9.7B and trades on NYSE.
What is Planet Labs's revenue and profitability?
Planet Labs generated $335.6M in trailing twelve-month revenue with a net loss of $373.1M, representing a net margin of -111.2%. Gross margin stands at 55.5%, with free cash flow of $47.5M. These figures are based on the Q2 2026 filing.
Who are Planet Labs's competitors?
Planet Labs's key competitors include Satellogic, BlackSky Technology, Spire Global, and others. These companies compete in similar markets and product categories.
Who does Planet Labs partner with?
Planet Labs's notable partners include NASA, Jet Propulsion Laboratory, Carbon Mapper, and others.
What subsidiaries does Planet Labs have?
Planet Labs's subsidiaries include Sinergise, VanderSat, BlackBridge.
Where is Planet Labs headquartered?
Planet Labs is headquartered in United States of America and employs approximately 1,180 people. It has been publicly traded since 2021.