Skip to content

Planet Labs PL Gross margin

Gross margin at other companies

Rocket Lab USA, Inc. logo
Rocket Lab USA, Inc.RKLB
36.6%+9.3pp
Samsara logo
SamsaraIOT
76.2%-0.3pp
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
84.1%+4.1pp
Datadog, Inc. logo
Datadog, Inc.DDOG
79.9%-0.2pp
MicroStrategy logo
MicroStrategyMSTR
72%-3.6pp
Iron Mountain logo
Iron MountainIRM
55%-1.0pp

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
Operating margin-31.9%-6.1pp
Net margin-111.2%-293pp

Returns & leverage

See full
Return on equity-84%-133pp
Debt / equity0.0×
Current ratio2.8×+0.7×

Where this comes from

Calculated from Planet Labs’s reported figures.

Based on trailing twelve months.

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 gross margin.

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 gross margin?
Planet Labs (PL) reported gross margin of 55.5% in Q1 2026.
How has Planet Labs's gross margin changed year-over-year?
Planet Labs's gross margin decreased by 4.0% year-over-year, from 57.8% to 55.5%.
What is the long-term trend for Planet Labs's gross margin?
Over 4 years (2022 to 2026), Planet Labs's gross margin has grown at a 15.8% compound annual growth rate (CAGR), from 128.1% to 230.7%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.