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%+6.0pp | 230.7%+15.1pp | 231.8%+22.3pp | 229.4%+24.2pp | 222.4%+17.4pp | |
| Operating margin | -122.1%+87.3pp | -131.9%+106pp | -148.5%+119pp | -174.8%+121pp | -209.4%+103pp | |
| Net margin | -271.7%-72.1pp | -203.1%+13.1pp | -173.3%+56.2pp | -176.3%+73.3pp | -199.6%+64.3pp | |
| EBITDA margin | -65.9%+65.7pp | -70.7%+84.4pp | -82.3%+99.4pp | -103.2%+106pp | -131.6%+96.0pp | |
| Free cash flow margin | 61%+158pp | 32.8%+144pp | -10.2%+118pp | -48%+97.9pp | -96.8%+57.7pp | |
| Returns | ||||||
| Return on equity | -214.1%-115pp | -152.7%-50.9pp | -100%+1.8pp | -91.8%+12.6pp | -98.8%+4.9pp | |
| Return on assets | -95.1%-23.4pp | -72%+3.1pp | -62.7%+13.3pp | -65.4%+13.4pp | -71.7%+7.5pp | |
| Efficiency | ||||||
| Asset turnover | 1.4×0.0× | 1.4×0.0× | 1.5×+0.1× | 1.5×+0.2× | 1.4×+0.2× | |
| Liquidity | ||||||
| Current ratio | 10.2×+1.3× | 9.5×0.0× | 10×-0.1× | 8.3×-2.4× | 8.9×-3.2× | |
| Quick ratio | 10.2×+1.3× | 9.5×-0.1× | 10×-0.1× | 8.3×-2.4× | 8.9×-3.2× | |
| Cash ratio | 5.1×+0.9× | 4.8×+0.5× | 5.2×+1.1× | 4×+0.1× | 4.2×+0.5× | |
| Leverage | ||||||
| Debt-to-equity | 0.1×-0.1× | 0.2×0.0× | 0.1×-0.1× | 0.2×0.0× | 0.2×0.0× | |
| Debt-to-assets | 0×-0.1× | 0.1×-0.1× | 0.1×-0.1× | 0.1×0.0× | 0.1×0.0× | |
| Interest coverage | -149.1×— | —— | —— | —— | —— | |
| Per Share | ||||||
| Book value per share | $4.46-28.1% | $4.66-27.9% | $5.55-18.3% | $6.01-15.3% | $6.21-16.5% | |
| Valuation | ||||||
| Market capitalization | $27.2B+551% | $15.42B+323% | $8.84B+253% | $5.34B+115% | $4.18B+48.8% | |
| Enterprise value | $25.98B+607% | $14.45B+356% | $7.98B+288% | $4.8B+133% | $3.67B+50.8% | |
| Price / sales | 87.2×+70.1× | 53.1×+37.9× | 33.3×+22.4× | 21.3×+10.2× | 17.1×+4.1× | |
| Price / book | 89.5×+80.2× | 62.9×+54.9× | 22.5×+17.4× | 12.1×+7.1× | 9.3×+3.9× | |
| EV / sales | 83.1×+68.1× | 49.7×+36.5× | 30.1×+21.2× | 19.1×+9.9× | 15.1×+3.8× | |
| Free cash flow yield | 3.9%+30.8pp | 0.1%+37.1pp | -3.9%+43.6pp | -13.7%+39.4pp | -26.9%+23.5pp | |
| Earnings yield | -13.8%+40.6pp | -21.4%+50.5pp | -25.3%+61.3pp | -40.6%+51.6pp | -54.4%+33.5pp |
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.
