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Discontinued — last reported Q1 '27

Current Liabilities

Accounts Payable

Planet Labs Accounts Payable decreased by 14.8% to $9.04M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 120.6%, from $4.1M to $9.04M. Over 5 years (FY 2021 to FY 2026), Accounts Payable shows an upward trend with a 49.0% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2027Jun 5, 2026

How to read this metric

An increase may signal improved cash management or delayed payments, while a decrease suggests faster settlement of obligations.

Detailed definition

This represents the short-term obligations owed to suppliers and vendors for goods or services received on credit. It is...

Peer comparison

Compared against cost of revenue to determine days payable outstanding (DPO).

Metric ID: accounts_payable

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Value$104.53K$102.64K$123.48K$2.85M$3.17M$2.19M$2.56M$6.9M$14.66M$3.83M$4.59M$2.6M$3.13M$2.39M$3.57M$2.6M$4.1M$11.05M$3.45M$10.61M$9.04M
QoQ Change-1.8%+20.3%>999%+11.2%-30.9%+16.8%+169.8%+112.4%-73.9%+20.0%-43.3%+20.4%-23.6%+49.3%-27.1%+57.3%+169.8%-68.8%+207.8%-14.8%
YoY Change>999%>999%>999%+142.1%+362.7%+74.7%+79.5%-62.3%-78.6%-37.5%-22.2%+0.1%+30.9%+362.1%-3.5%+307.5%+120.6%
Range$102.64K$14.66M
CAGR+144.0%
Avg YoY Growth+483.0%
Median YoY Growth+79.5%

Product Breakdown

View all
SegmentQ4 '22Q1 '23Q4 '23Q4 '24
Hosting and Other Services$2M$1.9M$2.3M$2.5M
Total$2.85M$3.17M$6.9M$2.6M

Hosting and Other Services was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Planet Labs's accounts payable?
Planet Labs (PL) reported accounts payable of $9.04M in Q1 2026.
How has Planet Labs's accounts payable changed year-over-year?
Planet Labs's accounts payable increased by 120.6% year-over-year, from $4.1M to $9.04M.
What is the long-term trend for Planet Labs's accounts payable?
Over 5 years (2021 to 2026), Planet Labs's accounts payable has grown at a 49.0% compound annual growth rate (CAGR), from $1.45M to $10.61M.
What does accounts payable mean?
Money the company owes to its suppliers for goods or services received.