Current Assets

Allowance for Doubtful Accounts

Planet Labs Allowance for Doubtful Accounts decreased by 92.2% to $31.00K in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 93.0%, from $446.00K to $31.00K. Over 4 years (FY 2021 to FY 2025), Allowance for Doubtful Accounts shows a downward trend with a -9.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryRisk
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2026Dec 10, 2025

How to read this metric

An increase suggests rising credit risk or economic stress among the customer base.

Detailed definition

A contra-asset account that represents the estimated portion of accounts receivable that the company does not expect to...

Peer comparison

Standard across all utilities; levels are often influenced by regulatory mandates regarding service disconnection policies.

Metric ID: allowance_for_doubtful_accounts

Historical Data

16 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$1.03M$1.29M$1.27M$1.49M$1.29M$1.30M$786.00K$1.14M$1.54M$895.00K$668.00K$446.00K$807.00K$1.46M$396.00K$31.00K
QoQ Change+24.8%-1.4%+17.3%-13.4%+0.8%-39.5%+44.9%+35.1%-41.8%-25.4%-33.2%+80.9%+80.9%-72.9%-92.2%
YoY Change+25.0%+0.9%-38.1%-23.5%+19.4%-31.1%-15.0%-60.8%-47.6%+63.1%-40.7%-93.0%
Range$31.00K$1.54M
CAGR-60.7%
Avg YoY Growth-20.1%
Median YoY Growth-27.3%
Current Streak2 quarters decline

Frequently Asked Questions

What is Planet Labs's allowance for doubtful accounts?
Planet Labs (PL) reported allowance for doubtful accounts of $31.00K in Q3 2025.
How has Planet Labs's allowance for doubtful accounts changed year-over-year?
Planet Labs's allowance for doubtful accounts decreased by 93.0% year-over-year, from $446.00K to $31.00K.
What is the long-term trend for Planet Labs's allowance for doubtful accounts?
Over 4 years (2021 to 2025), Planet Labs's allowance for doubtful accounts has grown at a -9.7% compound annual growth rate (CAGR), from $1.22M to $807.00K.
What does allowance for doubtful accounts mean?
The estimated amount of customer debt that the company expects will not be paid.