Planet Labs PBC
Financial highlights
| Metric | FY 01/31/26 | FY 01/31/25 | FY 01/31/24 | FY 01/31/23 | FY 01/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $307.7M | $244.4M | $220.7M | $191.3M | $131.2M |
| Cost of revenue | $135.2M | $104.6M | $107.7M | $97.2M | $83.0M |
| Gross profit | $172.5M | $139.7M | $113.0M | $94.0M | $48.2M |
| Research and development | $106.7M | $101.0M | $116.3M | $110.9M | $66.7M |
| Operating expenses | $267.6M | $255.8M | $282.7M | $269.7M | $176.3M |
| Operating income | -$95.1M | -$116.1M | -$169.7M | -$175.7M | -$128.1M |
| Interest expense | $3.4M | $832,000 | $0 | $0 | $8.8M |
| Pretax income | -$242.2M | -$120.7M | -$139.7M | -$161.1M | -$135.0M |
| Income tax expense | $4.7M | $2.5M | $815,000 | $847,000 | $2.1M |
| Net income | -$246.9M | -$123.2M | -$140.5M | -$162.0M | -$137.1M |
| Balance Sheet | |||||
| Cash and equivalents | $229.4M | $118.0M | $83.9M | $181.9M | $490.8M |
| Current assets | $775.4M | $302.2M | $370.2M | $475.7M | $551.5M |
| Total assets | $1.1B | $633.8M | $702.0M | $752.7M | $821.4M |
| Current liabilities | $469.5M | $142.1M | $136.6M | $122.3M | $132.0M |
| Total liabilities | $957.3M | $192.5M | $184.0M | $176.6M | $173.2M |
| Stockholders' equity | $188.4M | $441.3M | $518.0M | $576.1M | $648.2M |
| Cash Flow Statement | |||||
| Cash from operations | $134.4M | -$14.4M | -$50.7M | -$73.9M | -$42.2M |
| Depreciation and amortization | $41.8M | $45.6M | $47.6M | $43.3M | $45.0M |
| Stock-based compensation | $55.0M | $48.5M | $57.1M | $75.5M | $42.0M |
| Capital expenditure | $76.7M | $44.3M | $38.0M | $10.4M | $10.3M |
| Free cash flow | $57.6M | -$58.7M | -$88.7M | -$84.4M | -$52.5M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 356.4M · Free float 76.5%
Annual filing data through FY ended January 31, 2026; float as of July 16, 2026.