Current Liabilities

Accrued Expenses

Planet Labs Accrued Expenses decreased by 0.5% to $6.30M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from $6.64M to $6.30M. Over 4 years (FY 2021 to FY 2025), Accrued Expenses shows an upward trend with a 25.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2021
Last reportedQ3 2026Dec 10, 2025

How to read this metric

A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.

Detailed definition

This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...

Peer comparison

Standard current liability found in almost all corporate balance sheets.

Metric ID: accrued_expenses

Historical Data

19 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$280.31K$397.74K$3.90M$6.01M$4.58M$5.93M$5.25M$8.52M$4.61M$6.06M$4.99M$6.86M$5.21M$7.09M$6.64M$8.06M$4.42M$6.33M$6.30M
QoQ Change+41.9%+880.8%+54.0%-23.8%+29.4%-11.3%+62.1%-45.9%+31.6%-17.7%+37.4%-24.1%+36.1%-6.4%+21.4%-45.1%+43.2%-0.5%
YoY Change>999%>999%+34.7%+41.8%+0.7%+2.3%-5.0%-19.5%+13.0%+16.9%+32.9%+17.5%-15.1%-10.7%-5.0%
Range$280.31K$8.52M
CAGR+99.7%
Avg YoY Growth+201.8%
Median YoY Growth+13.0%

Frequently Asked Questions

What is Planet Labs's accrued expenses?
Planet Labs (PL) reported accrued expenses of $6.30M in Q3 2025.
How has Planet Labs's accrued expenses changed year-over-year?
Planet Labs's accrued expenses decreased by 5.0% year-over-year, from $6.64M to $6.30M.
What is the long-term trend for Planet Labs's accrued expenses?
Over 4 years (2021 to 2025), Planet Labs's accrued expenses has grown at a 25.7% compound annual growth rate (CAGR), from $3.23M to $8.06M.
What does accrued expenses mean?
Expenses the company has incurred but has not yet received a bill for or paid.