Planet Labs PL Ratios & Valuation
| Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 55.5%-0.5pp | 56.1%-1.9pp | 57.9%-1.0pp | 58.9%+1.1pp | 57.8%+0.6pp | |
| Operating margin | -31.9%-1.0pp | -30.9%-3.1pp | -27.8%+3.7pp | -31.5%+10.2pp | -41.7%+5.8pp | |
| Net margin | -111.2%-31.0pp | -80.2%-34.4pp | -45.9%-11.4pp | -34.5%+8.1pp | -42.6%+7.8pp | |
| Returns | ||||||
| Return on equity | -84%-5.6pp | -78.4%-46.6pp | -31.8%-11.9pp | -19.9%+2.6pp | -22.5%+3.1pp | |
| Return on invested capital | -55.4%— | —— | —— | -28%+1.1pp | -29.1%+0.9pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.3×0.0× | 0.3×-0.1× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.8×+1.2× | 1.7×-2.3× | 4×+2.3× | 1.7×-0.4× | 2.1×0.0× | |
| Leverage | ||||||
| Debt-to-equity | 0×-0.1× | 0.1×— | 0×0.0× | 0×0.0× | 0×0.0× | |
| Per Share | ||||||
| Book value per share | $1.28+110% | $0.61-45.8% | $1.13-21.1% | $1.43-3.3% | $1.48-1.9% | |
| Valuation | ||||||
| Market capitalization | $12.8B+52.9% | $8.37B+102% | $4.14B+118% | $1.9B+87.3% | $1.01B-43.4% | |
| Price / sales | 38.1×+10.9× | 27.2×+12.5× | 14.7×+7.4× | 7.2×+3.2× | 4×-3.3× | |
| Price / book | 28.8×-15.6× | 44.4×+32.6× | 11.8×+7.5× | 4.4×+2.1× | 2.3×-1.8× |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Planet Labs's profit margins?
- Planet Labs (PL) runs a 55.5% gross margin and a -31.9% operating margin, with a -111.2% net margin.
- Where do Planet Labs's ratios come from?
- Every ratio is computed from Planet Labs's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
