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Planet Labs PL Asset turnover

Asset turnover at other companies

Verisk Analytics, Inc. logo
Verisk Analytics, Inc.VRSK
0.6×0.0×
Rocket Lab USA, Inc. logo
Rocket Lab USA, Inc.RKLB
0.3×0.0×
Samsara logo
SamsaraIOT
0.7×0.0×
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
0.6×+0.1×
Datadog, Inc. logo
Datadog, Inc.DDOG
0.6×0.0×
MicroStrategy logo
MicroStrategyMSTR
-0.1×

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-0.3%
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$10.06B+1,164%
Enterprise value$9.68B+1,301%
P/S30×+26.8×

Profitability

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Gross margin55.5%-2.3pp
Operating margin-31.9%-6.1pp
Net margin-111.2%-293pp

Returns & leverage

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Return on equity-84%-133pp
Debt / equity0.0×
Current ratio2.8×+0.7×

Where this comes from

Calculated from Planet Labs’s reported figures.

Based on trailing twelve months.

The official record: Planet Labs’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Planet Labs's asset turnover?
Planet Labs (PL) reported asset turnover of 0.4× in Q1 2026.
How has Planet Labs's asset turnover changed year-over-year?
Planet Labs's asset turnover decreased by 6.4% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Planet Labs's asset turnover?
Over 3 years (2023 to 2026), Planet Labs's asset turnover has grown at a 9.6% compound annual growth rate (CAGR), from 1.1× to 1.4×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.