Planet Labs PL Ratios & Valuation
| FY'26 | FY'25 | FY'24 | FY'23 | ||
|---|---|---|---|---|---|
| Profitability | |||||
| Gross margin | 230.7%+15.1pp | 215.6%+9.7pp | 205.9%+33.4pp | 172.5%+44.4pp | |
| Operating margin | -131.9%+106pp | -237.6%+90.0pp | -327.6%+97.4pp | -425%-107pp | |
| Net margin | -203.1%+13.1pp | -216.3%+63.0pp | -279.2%+120pp | -399.7%+7.0pp | |
| EBITDA margin | -70.7%+84.4pp | -155.1%+88.8pp | -244%+71.1pp | -315.1%-167pp | |
| Free cash flow margin | 32.8%+144pp | -111.6%+68.9pp | -180.5%+10.8pp | -191.3%-82.4pp | |
| Returns | |||||
| Return on equity | -152.7%-50.9pp | -101.8%+1.9pp | -103.6%+69.4pp | -173.1%— | |
| Return on assets | -72%+3.1pp | -75.1%+4.7pp | -79.9%+29.3pp | -109.1%— | |
| Efficiency | |||||
| Asset turnover | 1.4×0.0× | 1.4×+0.2× | 1.1×+0.1× | 1.1×— | |
| Liquidity | |||||
| Current ratio | 9.5×0.0× | 9.5×-3.7× | 13.2×-3.2× | 16.5×+7.4× | |
| Quick ratio | 9.5×-0.1× | 9.5×-3.7× | 13.2×-3.2× | 16.5×+7.4× | |
| Cash ratio | 4.8×+0.5× | 4.3×+0.2× | 4×-5.3× | 9.4×+3.2× | |
| Leverage | |||||
| Debt-to-equity | 0.2×0.0× | 0.2×0.0× | 0.2×+0.1× | 0.1×— | |
| Debt-to-assets | 0.1×-0.1× | 0.1×0.0× | 0.1×+0.1× | 0.1×— | |
| Per Share | |||||
| Book value per share | $4.66-27.9% | $6.46-16.6% | $7.75-14.6% | $9.07-26.1% | |
| Valuation | |||||
| Market capitalization | $15.42B+323% | $3.65B+6.2% | $3.43B-37.7% | $5.51B— | |
| Enterprise value | $14.45B+356% | $3.17B+4.1% | $3.04B-31.1% | $4.42B— | |
| Price / sales | 53.1×+37.9× | 15.2×-1.1× | 16.3×-17.4× | 33.7×— | |
| Price / book | 62.9×+54.9× | 8×+1.6× | 6.4×-2.8× | 9.1×— | |
| EV / sales | 49.7×+36.5× | 13.2×-1.3× | 14.5×-12.2× | 26.6×— | |
| Free cash flow yield | 0.1%+37.1pp | -37.1%+9.8pp | -46.9%-23.9pp | -23%— | |
| Earnings yield | -21.4%+50.5pp | -71.8%+1.8pp | -73.6%-26.0pp | -47.5%— |
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.
