Accumulated Depreciation
Planet Labs Accumulated Depreciation decreased by 10.5% to $231.11M in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.9%, from $240.54M to $231.11M. Over 4 years (FY 2021 to FY 2025), Accumulated Depreciation shows an upward trend with a 7.7% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A rising balance relative to gross assets suggests an aging infrastructure, potentially signaling a need for future capital expenditure to replace equipment.
Detailed definition
This is the cumulative amount of depreciation expense charged against the company's tangible assets since their acquisit...
Peer comparison
Commonly found in the balance sheet or notes for all companies with significant physical property, plant, and equipment.
ppe_accumulated_depreciationHistorical Data
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $219.25M | $227.75M | $235.08M | $243.32M | $244.56M | $249.88M | $259.68M | $268.11M | $272.92M | $260.99M | $266.17M | $240.54M | $246.84M | $253.50M | $258.31M | $231.11M |
| QoQ Change | — | +3.9% | +3.2% | +3.5% | +0.5% | +2.2% | +3.9% | +3.2% | +1.8% | -4.4% | +2.0% | -9.6% | +2.6% | +2.7% | +1.9% | -10.5% |
| YoY Change | — | — | — | — | +11.5% | +9.7% | +10.5% | +10.2% | +11.6% | +4.4% | +2.5% | -10.3% | -9.6% | -2.9% | -3.0% | -3.9% |
| % of PP&E (Net) | 164.5% | 181.7% | 194.4% | 210.9% | 226.3% | 211.4% | 216.0% | 235.1% | 240.6% | 234.4% | 235.1% | 205.7% | 202.7% | 207.0% | 196.8% | 159.3% |
| Share Change | — | +17.2pp | +12.7pp | +16.5pp | +15.4pp | -14.8pp | +4.6pp | +19.0pp | +5.5pp | -6.2pp | +0.7pp | -29.4pp | -3.0pp | +4.2pp | -10.2pp | -37.5pp |
Accumulated Depreciation at Other Companies
Frequently Asked Questions
- What is Planet Labs's accumulated depreciation?
- Planet Labs (PL) reported accumulated depreciation of $231.11M in Q3 2025.
- How has Planet Labs's accumulated depreciation changed year-over-year?
- Planet Labs's accumulated depreciation decreased by 3.9% year-over-year, from $240.54M to $231.11M.
- What is the long-term trend for Planet Labs's accumulated depreciation?
- Over 4 years (2021 to 2025), Planet Labs's accumulated depreciation has grown at a 7.7% compound annual growth rate (CAGR), from $183.74M to $246.84M.
- What does accumulated depreciation mean?
- The total amount of depreciation recorded against physical assets over time.