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Planet Labs PL Allowance for Doubtful Accounts Receivable (Current)

Allowance for Doubtful Accounts Receivable (Current) at other companies

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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:AllowanceForDoubtfulAccountsReceivableCurrent.

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, except share and par value amounts)April 30, 2026January 31, 2026
Cash and cash equivalents$368,090$229,441
Restricted cash and cash equivalents, current896642
Short-term investments362,745410,649
Accounts receivable, net of allowance of $8 and $3, respectively61,60583,528
Inventories9,3436,118
Prepaid expenses and other current assets46,29944,984
Total current assets848,978775,362
Property and equipment, net159,145150,573

Item 1. Financial Statements.

FAQ

What is Planet Labs's allowance for doubtful accounts receivable (current)?
Planet Labs (PL) reported allowance for doubtful accounts receivable (current) of $8K in Q1 2026.
How has Planet Labs's allowance for doubtful accounts receivable (current) changed year-over-year?
Planet Labs's allowance for doubtful accounts receivable (current) decreased by 99.5% year-over-year, from $1.46M to $8K.
What is the long-term trend for Planet Labs's allowance for doubtful accounts receivable (current)?
Over 5 years (2021 to 2026), Planet Labs's allowance for doubtful accounts receivable (current) has grown at a -69.9% compound annual growth rate (CAGR), from $1.22M to $3K.
What does allowance for doubtful accounts receivable (current) mean?
This is the valuation allowance for current receivables that are considered uncollectible due to disputes, bankruptcy, or other non-payment issues. It serves as a buffer against potential losses from customer defaults. It is a critical indicator of the health of the company's accounts receivable portfolio.

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