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Planet Labs PL Ratios & Valuation

Q1 '27Q4 '26Q3 '26Q2 '26Q1 '26
Profitability
Gross margin55.5%-0.5pp56.1%-1.9pp57.9%-1.0pp58.9%+1.1pp57.8%+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 turnover0.4×0.0×0.3×0.0×0.3×-0.1×0.4×0.0×0.4×0.0×
Liquidity
Current ratio2.8×+1.2×1.7×-2.3×+2.3×1.7×-0.4×2.1×0.0×
Leverage
Debt-to-equity-0.1×0.1×0.0×0.0×0.0×
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 / sales38.1×+10.9×27.2×+12.5×14.7×+7.4×7.2×+3.2×-3.3×
Price / book28.8×-15.6×44.4×+32.6×11.8×+7.5×4.4×+2.1×2.3×-1.8×

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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.