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Planet Labs PL Operating Lease Liability - Undiscounted Excess Amount

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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$8.23B+323%
Enterprise value$7.86B+343%
P/S24.5×+17.1×

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:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

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)
20308,540
20317,867
Thereafter11,340
Total lease payments$49,493
Less: Imputed interest(9,028)
Total lease liabilities$40,465
Weighted average remaining lease term (years)5.5
Weighted average discount rate7.0%

Item 1. Financial Statements.

FAQ

What is Planet Labs's operating lease liability - undiscounted excess amount?
Planet Labs (PL) reported operating lease liability - undiscounted excess amount of $9.03K in Q1 2026.
How has Planet Labs's operating lease liability - undiscounted excess amount changed year-over-year?
Planet Labs's operating lease liability - undiscounted excess amount decreased by 99.6% year-over-year, from $2.08M to $9.03K.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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