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Planet Labs PL Operating margin

Operating margin at other companies

Rocket Lab USA, Inc. logo
Rocket Lab USA, Inc.RKLB
-33.2%-6.6pp
Samsara logo
SamsaraIOT
-5.3%-2.3pp
Palantir Technologies Inc. logo
Palantir Technologies Inc.PLTR
38.1%+25.1pp
Datadog, Inc. logo
Datadog, Inc.DDOG
-1.4%
MicroStrategy logo
MicroStrategyMSTR
518.9%
Iron Mountain logo
Iron MountainIRM
18%+1.8pp

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-0.3%
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$10.06B+1,164%
Enterprise value$9.68B+1,301%
P/S30×+26.8×

Profitability

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Gross margin55.5%-2.3pp
Net margin-111.2%-293pp

Returns & leverage

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Return on equity-84%-133pp
Debt / equity0.0×
Current ratio2.8×+0.7×

Where this comes from

Calculated from Planet Labs’s reported figures.

Based on trailing twelve months.

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 margin?
Planet Labs (PL) reported operating margin of -31.9% in Q1 2026.
How has Planet Labs's operating margin changed year-over-year?
Planet Labs's operating margin increased by 23.4% year-over-year, from -41.7% to -31.9%.
What is the long-term trend for Planet Labs's operating margin?
Over 4 years (2022 to 2026), Planet Labs's operating margin has grown at a -19.7% compound annual growth rate (CAGR), from -317.6% to -131.9%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.