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.

Planet Labs PL Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	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
EBITDA margin	-19.4%-2.1pp	-17.3%-4.0pp	-13.3%+2.6pp	-15.9%+8.4pp	-24.3%+4.6pp
Free cash flow margin	14.2%-4.9pp	19%+4.6pp	14.4%+1.0pp	13.4%+27.5pp	-14.1%+9.9pp
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 assets	-39.1%-11.3pp	-27.7%-12.8pp	-14.9%-1.6pp	-13.4%+2.6pp	-16%+2.5pp
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×
Quick ratio	2.8×+1.1×	1.6×-2.4×	4×+2.3×	1.7×-0.4×	2.1×0.0×
Cash ratio	1.2×+0.7×	0.5×-1.9×	2.4×+1.4×	0.9×0.0×	0.9×0.0×
Leverage
Debt-to-equity	0×-0.1×	0.1×—	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×—	0×0.0×	0×0.0×	0×0.0×
Interest coverage	-24.5×+3.2×	-27.7×+9.3×	-37×+23.0×	-60×—	——
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%
Enterprise value	$12.42B+52.4%	$8.15B+121%	$3.69B+115%	$1.72B+94.1%	$886.56M-47.3%
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×
EV / sales	37×+10.5×	26.5×+13.4×	13.1×+6.5×	6.6×+3.0×	3.5×-3.3×
Free cash flow yield	0.4%-0.3pp	0.7%-0.3pp	1%-0.9pp	1.9%+5.3pp	-3.5%-0.2pp
Earnings yield	-2.9%0.0pp	-2.9%+0.2pp	-3.1%+1.6pp	-4.8%+5.8pp	-10.5%-3.6pp

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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.