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R&D at other companies

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BlackSky TechnologyBKSY
$170K-30.6%
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Spire GlobalSPIR
$8.7M+0.5%
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SamsaraIOT
$97.57M+17.2%
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PDF SolutionsPDFS
$17.32M+16.1%
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MicroStrategyMSTR
$24.67M+1.0%
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SchlumbergerSLB
$171M-5.0%

Other financials

Income statement

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Revenue$94.2M+42.1%
Gross profit$50.4M+37.7%
Operating income-$34.9M-53.2%
Net income-$138.9M-1,000%
EPS (diluted)-$0.40-900%

Balance sheet

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Cash & equivalents$375.6M+158%
Total debt$40.5K-99.8%
Total equity$443.7M-0.2%
Total assets$1.3B+90.1%

Cash flow

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Operating cash flow$15.4M-11.0%
CapEx$17.3M+113%
Free cash flow-$1.9M-120%

Valuation

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Market cap$8.1B+322%
Enterprise value$7.72B+343%
P/S24.1×+16.8×

Profitability

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Gross margin55.5%-2.3pp
Operating margin-31.9%-6.1pp
Net margin-111.2%-293pp
FCF margin14.2%+9.4pp

Returns & leverage

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Return on equity-84%-133pp
Debt / equity0.0×
Current ratio2.8×+0.7×

Where this comes from

Reported directly by Planet Labs in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The source filing: Planet Labs’s 10-Q, filed June 5, 2026.

Filed
Jun 5, 2026, 6:08 AM EDT
Fiscal quarter
Q4 FY2027
Calendar quarter
Q1 2027
Accession
0001193125-26-258304
(in thousands, except share and per share amounts)Three Months Ended April 30, 2026Three Months Ended April 30, 2025
Cost of revenue43,74929,662
Gross profit50,40136,603
Operating expenses
Research and development33,42023,074
Sales and marketing22,78216,314
General and administrative29,08719,986
Total operating expenses85,28959,374
Loss from operations(34,888)(22,771)

Item 1. Financial Statements.

FAQ

What is Planet Labs's R&D?
Planet Labs (PL) reported R&D of $33.42M in Q1 2026.
How has Planet Labs's R&D changed year-over-year?
Planet Labs's R&D increased by 44.8% year-over-year, from $23.07M to $33.42M.
What is the long-term trend for Planet Labs's R&D?
Over 4 years (2022 to 2026), Planet Labs's R&D has grown at a 12.5% compound annual growth rate (CAGR), from $66.68M to $106.75M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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