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Planet Labs PL US — PP&E (Net)

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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$7.97B+315%
Enterprise value$7.59B+336%
P/S23.7×+16.4×

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:PropertyPlantAndEquipmentNet.

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)April 30, 2026January 31, 2026
United States$151,178$143,011
Rest of world7,9677,562
Total property and equipment, net$159,145$150,573

Item 1. Financial Statements.

FAQ

What is Planet Labs's US — PP&E (net)?
Planet Labs (PL) reported US — PP&E (net) of $151.18M in Q1 2026.
How has Planet Labs's US — PP&E (net) changed year-over-year?
Planet Labs's US — PP&E (net) increased by 29.9% year-over-year, from $116.37M to $151.18M.
What is the long-term trend for Planet Labs's US — PP&E (net)?
Over 3 years (2023 to 2026), Planet Labs's US — PP&E (net) has grown at a 4.7% compound annual growth rate (CAGR), from $453.63M to $520.44M.
What does US — PP&E (net) mean?
This metric represents the net book value of tangible assets located within the United States, including satellite constellations, ground stations, and related infrastructure, after accounting for accumulated depreciation. It reflects the capital intensity required to maintain and operate the company's physical imaging capabilities in the domestic region. Investors use this to evaluate the company's investment in its physical asset base and the efficiency of its capital expenditure strategy.

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