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Planet Labs PL Q4 2025 Annual earnings

Reported March 20, 2025 · After market close

Revenue estimate$64.6M
EPS estimate-$0.02

Next report

Sep 14, 2026 (in 3 months)
Revenue estimate$104.2M
EPS estimate-$0.02

Financials

Q4 2025

Income statement

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Revenue$61.6M+4.6%
Gross profit$38.2M+17.7%
Operating income-$19.4M+42.9%
Net income-$35.2M-16.8%
EPS (diluted)-$0.12-20.0%

Balance sheet

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Cash & equivalents$130.0M+27.2%
Total debt$21.6M-13.3%
Total equity$441.3M-14.8%
Total assets$633.8M-9.7%

Cash flow

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Operating cash flow-$6.3M+7.9%
CapEx$11.6M+30.3%
Free cash flow-$17.9M-13.7%

Valuation & ratios

Q4 2025

Valuation

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Market cap$1.79B+176%
Enterprise value$1.68B+195%
P/S7.3×+4.4×

Profitability

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Gross margin57.2%+6.0pp
Operating margin-47.5%-13.1pp
Net margin-50.4%-8.7pp
FCF margin-24%-6.9pp

Returns & leverage

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Return on equity-25.7%0.0pp
Debt / equity0.0×
Current ratio2.1×-0.6×

Versus estimates

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Questions, answered.

When did Planet Labs report Q4 2025 earnings?
Planet Labs (PL) reported Q4 2025 earnings on March 20, 2025 after market close.
What were Planet Labs's Q4 2025 revenue and EPS?
Planet Labs reported revenue of $61.6M and diluted EPS of $-0.08 for Q4 2025.
Did Planet Labs beat estimates in Q4 2025?
Revenue missed the consensus estimate of $64.6M by $3.0M. EPS missed the consensus estimate of $-0.02 by $0.06.
Where can I find Planet Labs's Q4 2025 SEC filings?
You can read the 10-K periodic report (0001836833-25-000050) directly on SEC EDGAR. The filing index links above go to sec.gov.