Contract Liabilities
Planet Labs Contract Liabilities decreased by 43.1% to $27.52M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 146.1%, from $11.18M to $27.52M. Over 5 years (FY 2021 to FY 2026), Contract Liabilities shows an upward trend with a 12.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong future revenue visibility and customer demand, while a decrease may indicate faster fulfillment or slowing sales.
Detailed definition
This represents the obligation to transfer goods or services to a customer for which the company has already received co...
Peer comparison
Common in companies with long-term service contracts or subscription-based diagnostic models; peers with high recurring revenue often show higher balances.
contract_liabilitiesHistorical Data
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.58M | $0.00 | $0.00 | $0.00 | $2.88M | $2.47M | $18.19M | $7.76M | $5.29M | $13.25M | $11.97M | $11.23M | $11.18M | $29.68M | $25.01M | $48.33M | $27.52M |
| QoQ Change | — | -100.0% | — | — | — | -14.2% | +635.1% | -57.3% | -31.8% | +150.3% | -9.6% | -6.2% | -0.4% | +165.4% | -15.7% | +93.2% | -43.1% |
| YoY Change | — | — | — | — | -19.5% | — | — | — | +83.7% | +435.4% | -34.2% | +44.7% | +111.3% | +124.0% | +109.0% | +330.4% | +146.1% |
Contract Liabilities at Other Companies
Frequently Asked Questions
- What is Planet Labs's contract liabilities?
- Planet Labs (PL) reported contract liabilities of $27.52M in Q4 2025.
- How has Planet Labs's contract liabilities changed year-over-year?
- Planet Labs's contract liabilities increased by 146.1% year-over-year, from $11.18M to $27.52M.
- What is the long-term trend for Planet Labs's contract liabilities?
- Over 5 years (2021 to 2026), Planet Labs's contract liabilities has grown at a 12.7% compound annual growth rate (CAGR), from $15.12M to $27.52M.
- What does contract liabilities mean?
- Money received from customers for products or services that have not yet been delivered.