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Planet Labs PL Total Operating Expenses

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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$7.3B+288%
Enterprise value$6.92B+294%
P/S21.7×+14.2×

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:OperatingExpenses.

The official record: Planet Labs’s 10-Q, filed June 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Planet Labs's total operating expenses?
Planet Labs (PL) reported total operating expenses of $85.29M in Q1 2026.
How has Planet Labs's total operating expenses changed year-over-year?
Planet Labs's total operating expenses increased by 43.6% year-over-year, from $59.37M to $85.29M.
What is the long-term trend for Planet Labs's total operating expenses?
Over 4 years (2022 to 2026), Planet Labs's total operating expenses has grown at a 11.0% compound annual growth rate (CAGR), from $176.27M to $267.56M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.