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Planet Labs PL Operating Lease Liabilities

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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%
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$8.1B+322%
Enterprise value$7.72B+343%
P/S24.1×+16.8×

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:OperatingLeaseLiabilityNoncurrent.

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 par value amounts)April 30, 2026January 31, 2026
Total current liabilities302,549469,455
Deferred revenue16,24027,522
Deferred hosting costs3,2104,034
Operating lease liabilities, non-current37,0748,300
Convertible notes447,569446,884
Other non-current liabilities1,0851,060
Total liabilities807,727957,255
Commitments and contingencies (Note 8)

Item 1. Financial Statements.

FAQ

What is Planet Labs's operating lease liabilities?
Planet Labs (PL) reported operating lease liabilities of $37.07M in Q1 2026.
How has Planet Labs's operating lease liabilities changed year-over-year?
Planet Labs's operating lease liabilities increased by 243.1% year-over-year, from $10.81M to $37.07M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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