Skip to content

Planet Labs PL Current ratio

Current ratio at other companies

Verisk Analytics, Inc. logo
Verisk Analytics, Inc.VRSK
-0.2×
Rocket Lab USA, Inc. logo
Rocket Lab USA, Inc.RKLB
4.5×+2.4×
Samsara logo
SamsaraIOT
1.6×+0.1×
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
6.9×+0.4×
Datadog, Inc. logo
Datadog, Inc.DDOG
3.4×+0.7×
MicroStrategy logo
MicroStrategyMSTR
6.1×+5.4×

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow$15.4M-11.0%
CapEx$17.3M+113%
Free cash flow-$1.9M-120%

Valuation

See full
Market cap$10.06B+1,164%
Enterprise value$9.68B+1,301%
P/S30×+26.8×

Profitability

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

Returns & leverage

See full
Return on equity-84%-133pp
Debt / equity0.0×

Where this comes from

Calculated from Planet Labs’s reported figures.

Based on the most recent quarter.

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

Ask your AI about Planet Labs's current ratio.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Planet Labs's current ratio?
Planet Labs (PL) reported current ratio of 2.8× in Q1 2026.
How has Planet Labs's current ratio changed year-over-year?
Planet Labs's current ratio increased by 33.5% year-over-year, from 2.1× to 2.8×.
What is the long-term trend for Planet Labs's current ratio?
Over 4 years (2022 to 2026), Planet Labs's current ratio has grown at a 1.2% compound annual growth rate (CAGR), from 9× to 9.5×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.