What is Planet Labs's payments for software?

Planet Labs (PL) reported payments for software of $647K in Q1 2026.

How has Planet Labs's payments for software changed year-over-year?

Planet Labs's payments for software decreased by 47.2% year-over-year, from $1.23M to $647K.

What is the long-term trend for Planet Labs's payments for software?

Over 4 years (2022 to 2026), Planet Labs's payments for software has grown at a 0.9% compound annual growth rate (CAGR), from $4.62M to $4.78M.

Planet Labs PL Payments For Software

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-0.3%

Total assets$1.3B+90.1%

Cash flow

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Operating cash flow$15.4M-11.0%

CapEx$17.3M+113%

Free cash flow-$1.9M-120%

Valuation

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Market cap$10.06B+1,164%

Enterprise value$9.69B+1,301%

P/S30×+26.8×

Profitability

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Gross margin55.5%-2.3pp

Operating margin-31.9%-6.1pp

Net margin-111.2%-293pp

Returns & leverage

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Return on equity-84%-133pp

Debt / equity0×0.0×

Current ratio2.8×+0.7×

Where this comes from

Reported directly by Planet Labs in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForSoftware.

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 payments for software?: Planet Labs (PL) reported payments for software of $647K in Q1 2026.
How has Planet Labs's payments for software changed year-over-year?: Planet Labs's payments for software decreased by 47.2% year-over-year, from $1.23M to $647K.
What is the long-term trend for Planet Labs's payments for software?: Over 4 years (2022 to 2026), Planet Labs's payments for software has grown at a 0.9% compound annual growth rate (CAGR), from $4.62M to $4.78M.