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Planet Labs PL Operating Income

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Other financials

Income statement

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Revenue$94.2M+42.1%
Gross profit$50.4M+37.7%
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%
Free cash flow-$1.9M-120%

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

Reported directly by Planet Labs in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 operating income?
Planet Labs (PL) reported operating income of -$34.89M in Q1 2026.
How has Planet Labs's operating income changed year-over-year?
Planet Labs's operating income decreased by 53.2% year-over-year, from -$22.77M to -$34.89M.
What is the long-term trend for Planet Labs's operating income?
Over 4 years (2022 to 2026), Planet Labs's operating income has grown at a -7.2% compound annual growth rate (CAGR), from -$128.05M to -$95.07M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.