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Planet Labs PL Q2 2026 earnings

Reported September 8, 2025 · Before market open

Revenue$73.4MBeat by $1.2M
EPS-$0.03In line
Revenue estimate$72.2M
EPS estimate-$0.03

Next report

Sep 3, 2026 (In 6 days)
Revenue estimate$104.5M
EPS estimate-$0.02

Financials

Q2 2026

Income statement

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Revenue$73.4M+20.1%
Gross profit$42.3M+30.8%
Operating income-$18.0M+54.6%
Net income-$22.6M+41.6%
EPS (diluted)-$0.07+46.2%

Balance sheet

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Cash & equivalents$192.9M+15.8%
Total debt$17.5M-26.8%
Total equity$435.7M-7.9%
Total assets$696.4M+5.8%

Cash flow

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Operating cash flow$67.8M+962%
CapEx$20.3M+34.2%
Free cash flow$47.5M+307%

Valuation & ratios

Valuation

as of 07/31/25
See full
Market cap$1.9B+159%
Enterprise value$1.72B+192%
P/S7.2×+4.1×

Profitability

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Gross margin58.9%+6.9pp
Operating margin-31.5%-10.8pp
Net margin-34.5%-9.9pp
FCF margin13.4%+7.8pp

Returns & leverage

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Return on equity-19.9%-4.1pp
Debt / equity0.0×
Current ratio1.7×-0.6×

Segments

By geography

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North America$31.1M
EMEA$23.5M
Asia Pacific And Japan$16.2M
Latin America$2.7M

FAQ

When did Planet Labs report Q2 2026 earnings?
Planet Labs (PL) reported Q2 2026 earnings on September 8, 2025 before market open.
What were Planet Labs's Q2 2026 revenue and EPS?
Planet Labs reported revenue of $73.4M and eps of $-0.03 for Q2 2026.
Did Planet Labs beat estimates in Q2 2026?
Revenue beat the consensus estimate of $72.2M by $1.2M. EPS beat the consensus estimate of $-0.03 by $0.00.
How did Planet Labs's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 20.1% from $61.1M a year earlier and eps grew 50.0% from $-0.06.
Where can I find Planet Labs's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001836833-25-000103) and the 10-Q periodic report (0001836833-25-000104) directly on SEC EDGAR. The filing index links above go to sec.gov.