Planet Labs PL Ratios & Valuation
| Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 55.5%-2.3pp | 56.1%-1.1pp | 57.9%+2.5pp | 58.9%+6.9pp | 57.8%+6.8pp | |
| Operating margin | -31.9%+9.8pp | -30.9%+16.6pp | -27.8%+26.3pp | -31.5%+34.6pp | -41.7%+28.2pp | |
| Net margin | -111.2%-68.6pp | -80.2%-29.8pp | -45.9%+3.0pp | -34.5%+23.2pp | -42.6%+16.7pp | |
| EBITDA margin | -19.4%+4.8pp | -17.3%+11.5pp | -13.3%+20.9pp | -15.9%+28.4pp | -24.3%+23.5pp | |
| Free cash flow margin | 14.2%+28.2pp | 19%+43.1pp | 14.4%+37.8pp | 13.4%+48.7pp | -14.1%+14.8pp | |
| Returns | ||||||
| Return on equity | -84%-61.4pp | -78.4%-52.7pp | -31.8%-8.2pp | -19.9%+7.0pp | -22.5%+3.0pp | |
| Return on assets | -39.1%-23.1pp | -27.7%-9.3pp | -14.9%+2.7pp | -13.4%+6.4pp | -16%+3.4pp | |
| Return on invested capital | -55.4%-26.3pp | —— | —— | -28%+12.4pp | -29.1%+9.0pp | |
| Efficiency | ||||||
| Asset turnover | 0.4×0.0× | 0.3×0.0× | 0.3×0.0× | 0.4×0.0× | 0.4×0.0× | |
| Liquidity | ||||||
| Current ratio | 2.8×+0.7× | 1.7×-0.5× | 4×+1.7× | 1.7×-0.6× | 2.1×-0.6× | |
| Quick ratio | 2.8×+0.7× | 1.6×-0.5× | 4×+1.7× | 1.7×-0.6× | 2.1×-0.6× | |
| Cash ratio | 1.2×+0.3× | 0.5×-0.4× | 2.4×+1.2× | 0.9×-0.2× | 0.9×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 0×0.0× | 0.1×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Debt-to-assets | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | 0×0.0× | |
| Interest coverage | -24.5×— | -27.7×— | -37×— | -60×— | —— | |
| Per Share | ||||||
| Book value per share | $1.28-13.3% | $0.61-59.5% | $1.13-28.6% | $1.43-12.1% | $1.48-14.6% | |
| Valuation | ||||||
| Market capitalization | $12.8B+1,164% | $8.37B+367% | $4.14B+545% | $1.9B+159% | $1.01B+109% | |
| Enterprise value | $12.42B+1,301% | $8.15B+385% | $3.69B+617% | $1.72B+192% | $886.56M+132% | |
| Price / sales | 38.1×+34.1× | 27.2×+19.9× | 14.7×+12.0× | 7.2×+4.1× | 4×+1.9× | |
| Price / book | 28.8×+26.6× | 44.4×+40.4× | 11.8×+10.5× | 4.4×+2.8× | 2.3×+1.3× | |
| EV / sales | 37×+33.5× | 26.5×+19.6× | 13.1×+10.9× | 6.6×+4.1× | 3.5×+1.9× | |
| Free cash flow yield | 0.4%+3.8pp | 0.7%+4.0pp | 1%+9.8pp | 1.9%+13.2pp | -3.5%+10.2pp | |
| Earnings yield | -2.9%+7.6pp | -2.9%+3.9pp | -3.1%+15.3pp | -4.8%+13.8pp | -10.5%+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.
