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Planet Labs PL Accrued Expenses

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Other financials

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

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Market cap$8.23B+323%
Enterprise value$7.86B+343%
P/S24.5×+17.1×

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×

Where this comes from

Reported directly by Planet Labs in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: Planet Labs’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 6:08 AM EDT
Fiscal quarter
Q4 FY2027
Calendar quarter
Q1 2027
Accession
0001193125-26-258304
(in thousands)April 30, 2026January 31, 2026
Deferred R&D service liability (see Note 7)$3,502$4,723
Payroll and related expenses6,97413,891
Deferred hosting costs4,9814,954
Withholding taxes and other taxes payable8,6476,372
Litigation contingency accruals (see Note 8)20,53012,530
Other accruals13,90513,404
Total accrued and other current liabilities$58,539$55,874

Item 1. Financial Statements.

FAQ

What is Planet Labs's accrued expenses?
Planet Labs (PL) reported accrued expenses of $6.97M in Q1 2026.
How has Planet Labs's accrued expenses changed year-over-year?
Planet Labs's accrued expenses increased by 57.6% year-over-year, from $4.42M to $6.97M.
What is the long-term trend for Planet Labs's accrued expenses?
Over 5 years (2021 to 2026), Planet Labs's accrued expenses has grown at a 33.9% compound annual growth rate (CAGR), from $3.23M to $13.89M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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