PL
Planet Labs PBC
NYSE: PL · INDUSTRIALS · AEROSPACE & DEFENSE
$34.08
-2.71% today
Updated 2026-04-29
Market cap
$11.80B
P/E ratio
—
P/S ratio
38.34x
EPS (TTM)
$-0.80
Dividend yield
—
52W range
$3 – $42
Volume
13.9M
Planet Labs PBC (PL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | $95.74M | $113.17M | $131.21M | $191.26M | $220.70M | $244.35M | $307.73M |
| Revenue growth (YoY) | — | +18.2% | +15.9% | +45.8% | +15.4% | +10.7% | +25.9% |
| Cost of revenue | $102.39M | $87.38M | $82.99M | $97.25M | $107.75M | $104.63M | $135.24M |
| Gross profit | $-6.66M | $25.79M | $48.22M | $94.01M | $112.95M | $139.72M | $172.49M |
| Gross margin | -7.0% | 22.8% | 36.8% | 49.2% | 51.2% | 57.2% | 56.1% |
| R&D | $37.87M | $43.83M | $66.68M | $110.92M | $116.34M | $101.01M | $106.75M |
| SG&A | $27.02M | $32.13M | $56.67M | $80.75M | $80.06M | $77.15M | $88.13M |
| Operating income | $-106.46M | $-87.44M | $-128.05M | $-175.68M | $-169.75M | $-116.12M | $-95.07M |
| Operating margin | -111.2% | -77.3% | -97.6% | -91.9% | -76.9% | -47.5% | -30.9% |
| EBITDA | $-39.04M | $-54.38M | $-81.14M | $-117.79M | $-92.06M | $-57.07M | $-95.07M |
| EBITDA margin | -40.8% | -48.1% | -61.8% | -61.6% | -41.7% | -23.4% | -30.9% |
| EBIT | $-116.64M | $-116.58M | $-126.24M | $-161.12M | $-139.69M | $-102.71M | — |
| Interest expense | $6.95M | $9.45M | $8.77M | $6.55M | $0.00 | $832000.00 | $3.44M |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-123.71M | $-127.10M | $-137.12M | $-161.97M | $-140.51M | $-123.20M | $-246.86M |
| Net income growth (YoY) | — | -2.7% | -7.9% | -18.1% | +13.2% | +12.3% | -100.4% |
| Profit margin | -129.2% | -112.3% | -104.5% | -84.7% | -63.7% | -50.4% | -80.2% |