Non-Current Assets

Accumulated Amortization on Capitalized Software

Planet Labs Accumulated Amortization on Capitalized Software increased by 2.2% to $34.73M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $31.82M to $34.73M. Over 4 years (FY 2021 to FY 2025), Accumulated Amortization on Capitalized Software shows an upward trend with a 12.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2026Dec 10, 2025

How to read this metric

Rising accumulated amortization indicates that the company's software assets are aging, necessitating ongoing R&D investment to maintain competitiveness.

Detailed definition

This represents the cumulative amortization recognized on software developed for internal use or external sale. It track...

Peer comparison

Commonly tracked in software and cloud businesses to evaluate the lifecycle of proprietary technology platforms.

Metric ID: capitalized_software_accumulated_amortization

Historical Data

16 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$25.69M$26.22M$26.96M$27.61M$28.12M$28.60M$29.08M$29.55M$30.04M$30.64M$31.22M$31.82M$32.55M$33.28M$33.99M$34.73M
QoQ Change+2.1%+2.8%+2.4%+1.8%+1.7%+1.7%+1.6%+1.6%+2.0%+1.9%+1.9%+2.3%+2.2%+2.1%+2.2%
YoY Change+9.5%+9.1%+7.9%+7.0%+6.8%+7.1%+7.3%+7.7%+8.4%+8.6%+8.9%+9.1%
Range$25.69M$34.73M
CAGR+8.4%
Avg YoY Growth+8.1%
Median YoY Growth+8.1%
Current Streak15+ quarters growth

Frequently Asked Questions

What is Planet Labs's accumulated amortization on capitalized software?
Planet Labs (PL) reported accumulated amortization on capitalized software of $34.73M in Q3 2025.
How has Planet Labs's accumulated amortization on capitalized software changed year-over-year?
Planet Labs's accumulated amortization on capitalized software increased by 9.1% year-over-year, from $31.82M to $34.73M.
What is the long-term trend for Planet Labs's accumulated amortization on capitalized software?
Over 4 years (2021 to 2025), Planet Labs's accumulated amortization on capitalized software has grown at a 12.3% compound annual growth rate (CAGR), from $20.43M to $32.55M.
What does accumulated amortization on capitalized software mean?
The total cost of software development that has been expensed over time.