Discontinued — last reported Q1 '24
Content Licensing — Contract With Customer Liability Revenue Recognized
Planet Labs Content Licensing — Contract With Customer Liability Revenue Recognized decreased by 86.4% to $300K in Q1 2023 compared to the prior quarter. Year-over-year, this metric declined by 90.0%, from $3M to $300K. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates higher fulfillment of long-term contracts and successful delivery of licensed content, while a decrease may suggest slower service delivery or a decline in the backlog of prepaid contracts.
Detailed definition
This metric represents the portion of revenue recognized during the period that was previously recorded as a contract li...
Peer comparison
Comparable to deferred revenue amortization or contract liability release metrics found in SaaS and data-as-a-service companies.
pl_segment_content_licensing_contract_with_customer_liability_revenue_recognizedHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $3.1M | $1M | $1.5M | $3M | $3M | $3.4M | $3.3M | $2.2M | $300K |
| QoQ Change | — | -67.7% | +50.0% | +100.0% | +0.0% | +13.3% | -2.9% | -33.3% | -86.4% |
| YoY Change | — | — | — | — | -3.2% | +240.0% | +120.0% | -26.7% | -90.0% |
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Frequently Asked Questions
- What is Planet Labs's content licensing — contract with customer liability revenue recognized?
- Planet Labs (PL) reported content licensing — contract with customer liability revenue recognized of $300K in Q1 2023.
- How has Planet Labs's content licensing — contract with customer liability revenue recognized changed year-over-year?
- Planet Labs's content licensing — contract with customer liability revenue recognized decreased by 90.0% year-over-year, from $3M to $300K.
- What does content licensing — contract with customer liability revenue recognized mean?
- The amount of revenue earned in the Content Licensing segment from services or data that were paid for in advance by customers.