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Planet Labs PL Net Income

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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%
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%
Free cash flow-$1.9M-120%

Valuation

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Market cap$7.54B+251%
Enterprise value$7.17B+263%
P/S22.5×+14.3×

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

Reported directly by Planet Labs in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The source filing: Planet Labs’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 6:08 AM EDT
Fiscal quarter
Q4 FY2027
Calendar quarter
Q1 2027
Accession
0001193125-26-258304
(in thousands, except share and per share amounts)Three Months Ended April 30, 2026Three Months Ended April 30, 2025
Change in fair value of warrant liabilities(106,474)10,387
Other income (expense), net(206)(701)
Total other income (expense), net(102,973)11,071
Loss before provision for income taxes(137,861)(11,700)
Provision for income taxes1,011928
Net loss$(138,872)$(12,628)
Basic and diluted net loss per share attributable to common stockholders$(0.40)$(0.04)
Basic and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders345,524,328300,267,952

Item 1. Financial Statements.

FAQ

What is Planet Labs's net income?
Planet Labs (PL) reported net income of -$138.87M in Q1 2026.
How has Planet Labs's net income changed year-over-year?
Planet Labs's net income decreased by 999.7% year-over-year, from -$12.63M to -$138.87M.
What is the long-term trend for Planet Labs's net income?
Over 4 years (2022 to 2026), Planet Labs's net income has grown at a 15.8% compound annual growth rate (CAGR), from -$137.12M to -$246.86M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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