Planet Labs PL Ratios & Valuation
| TTM Q1 '27 | TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 228.4%-2.3pp | 230.7%-1.1pp | 231.8%+2.5pp | 229.4%+6.9pp | 222.4%+6.8pp | |
| Operating margin | -122.1%+9.8pp | -131.9%+16.6pp | -148.5%+26.3pp | -174.8%+34.6pp | -209.4%+28.2pp | |
| Net margin | -271.7%-68.6pp | -203.1%-29.8pp | -173.3%+3.0pp | -176.3%+23.2pp | -199.6%+16.7pp | |
| EBITDA margin | -65.9%+4.8pp | -70.7%+11.5pp | -82.3%+20.9pp | -103.2%+28.4pp | -131.6%+23.5pp | |
| Free cash flow margin | 61%+28.2pp | 32.8%+43.1pp | -10.2%+37.8pp | -48%+48.7pp | -96.8%+14.8pp | |
| Returns | ||||||
| Return on equity | -214.1%-61.4pp | -152.7%-52.7pp | -100%-8.2pp | -91.8%+7.0pp | -98.8%+3.0pp | |
| Return on assets | -95.1%-23.1pp | -72%-9.3pp | -62.7%+2.7pp | -65.4%+6.4pp | -71.7%+3.4pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×0.0× | 1.4×0.0× | 1.5×0.0× | 1.5×0.0× | 1.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 10.2×+0.7× | 9.5×-0.5× | 10×+1.7× | 8.3×-0.6× | 8.9×-0.6× | |
| Quick ratio | 10.2×+0.7× | 9.5×-0.5× | 10×+1.7× | 8.3×-0.6× | 8.9×-0.6× | |
| Cash ratio | 5.1×+0.3× | 4.8×-0.4× | 5.2×+1.2× | 4×-0.2× | 4.2×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×0.0× | 0.2×0.0× | 0.1×0.0× | 0.2×0.0× | 0.2×0.0× | |
| Debt-to-assets | 0×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | 0.1×0.0× | |
| Interest coverage | -149.1×— | —— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | $4.46-4.2% | $4.66-16.2% | $5.55-7.5% | $6.01-3.2% | $6.21-3.9% | |
| Valuation | ||||||
| Market capitalization | $27.2B+76.4% | $15.42B+74.4% | $8.84B+65.5% | $5.34B+27.9% | $4.18B+14.5% | |
| Enterprise value | $25.98B+79.8% | $14.45B+81.0% | $7.98B+66.1% | $4.8B+30.8% | $3.67B+15.9% | |
| Price / sales | 87.2×+34.1× | 53.1×+19.9× | 33.3×+12.0× | 21.3×+4.1× | 17.1×+1.9× | |
| Price / book | 89.5×+26.6× | 62.9×+40.4× | 22.5×+10.5× | 12.1×+2.8× | 9.3×+1.3× | |
| EV / sales | 83.1×+33.5× | 49.7×+19.6× | 30.1×+10.9× | 19.1×+4.1× | 15.1×+1.9× | |
| Free cash flow yield | 3.9%+3.8pp | 0.1%+4.0pp | -3.9%+9.8pp | -13.7%+13.2pp | -26.9%+10.2pp | |
| Earnings yield | -13.8%+7.6pp | -21.4%+3.9pp | -25.3%+15.3pp | -40.6%+13.8pp | -54.4%+17.4pp |
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.
