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Planet Labs PL Free cash flow

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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%
CapEx$17.3M+113%

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×
Current ratio2.8×+0.7×

Where this comes from

Calculated from Planet Labs’s reported figures.

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 free cash flow?
Planet Labs (PL) reported free cash flow of -$1.87M in Q1 2026.
How has Planet Labs's free cash flow changed year-over-year?
Planet Labs's free cash flow decreased by 120.3% year-over-year, from $9.23M to -$1.87M.
What is the long-term trend for Planet Labs's free cash flow?
Over 4 years (2022 to 2026), Planet Labs's free cash flow has grown at a 2.8% compound annual growth rate (CAGR), from -$52.52M to $58.6M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.