What is Planet Labs's capex?

Planet Labs (PL) reported capex of $17.31M in Q1 2026.

How has Planet Labs's capex changed year-over-year?

Planet Labs's capex increased by 113.2% year-over-year, from $8.12M to $17.31M.

What is the long-term trend for Planet Labs's capex?

Over 4 years (2022 to 2026), Planet Labs's capex has grown at a 65.1% compound annual growth rate (CAGR), from $10.31M to $76.71M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Planet Labs PL CapEx

CapEx at other companies

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$3.87M-13.4%

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$7.97M-10.4%

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$5.55M+190%

Sidus Space, Inc.SIDU

$3.69M+23.8%

SamsaraIOT

$8.24M+19.0%

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$10.47M+29.2%

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%

Free cash flow-$1.9M-120%

Valuation

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Market cap$9.28B+342%

Enterprise value$8.91B+351%

P/S27.7×+19.3×

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 / equity0×0.0×

Current ratio2.8×+0.7×

Where this comes from

Reported directly by Planet Labs in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

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 capex?: Planet Labs (PL) reported capex of $17.31M in Q1 2026.
How has Planet Labs's capex changed year-over-year?: Planet Labs's capex increased by 113.2% year-over-year, from $8.12M to $17.31M.
What is the long-term trend for Planet Labs's capex?: Over 4 years (2022 to 2026), Planet Labs's capex has grown at a 65.1% compound annual growth rate (CAGR), from $10.31M to $76.71M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.