Non-Current Assets

Property, plant and equipment at cost

Planet Labs Property, plant and equipment at cost decreased by 3.4% to $376.19M in Q3 2025 compared to the prior quarter. Year-over-year, this metric grew by 5.2%, from $357.46M to $376.19M. Over 4 years (FY 2021 to FY 2025), Property, plant and equipment at cost shows relatively stable performance with a 1.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2021
Last reportedQ3 2026Dec 10, 2025

How to read this metric

An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...

Peer comparison

Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

16 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Value$352.53M$353.08M$356.00M$358.71M$352.65M$368.08M$379.87M$382.17M$386.35M$372.33M$379.40M$357.46M$368.59M$375.98M$389.60M$376.19M
QoQ Change+0.2%+0.8%+0.8%-1.7%+4.4%+3.2%+0.6%+1.1%-3.6%+1.9%-5.8%+3.1%+2.0%+3.6%-3.4%
YoY Change+0.0%+4.2%+6.7%+6.5%+9.6%+1.2%-0.1%-6.5%-4.6%+1.0%+2.7%+5.2%
Range$352.53M$389.60M
CAGR+1.7%
Avg YoY Growth+2.2%
Median YoY Growth+1.9%

Frequently Asked Questions

What is Planet Labs's property, plant and equipment at cost?
Planet Labs (PL) reported property, plant and equipment at cost of $376.19M in Q3 2025.
How has Planet Labs's property, plant and equipment at cost changed year-over-year?
Planet Labs's property, plant and equipment at cost increased by 5.2% year-over-year, from $357.46M to $376.19M.
What is the long-term trend for Planet Labs's property, plant and equipment at cost?
Over 4 years (2021 to 2025), Planet Labs's property, plant and equipment at cost has grown at a 1.8% compound annual growth rate (CAGR), from $343.60M to $368.59M.
What does property, plant and equipment at cost mean?
The total original cost of all physical assets owned by the company before subtracting depreciation.