Planet Labs PBC (PL) — Financial statements
Income statement, balance sheet, and cash flow for Planet Labs PBC — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 308↑25.9% | 244↑10.7% | 221↑15.4% | 191↑45.8% | 131 | |
| Cost of Revenue | 135↑29.3% | 105↓2.9% | 108↑10.8% | 97↑17.2% | 83 | |
| Gross Profit | 172↑23.4% | 140↑23.7% | 113↑20.1% | 94↑94.9% | 48 | |
| Operating Expenses | ||||||
| R&D Expenses | 107↑5.7% | 101↓13.2% | 116↑4.9% | 111↑66.3% | 67 | |
| General & Administrative Expenses | 88↑14.2% | 77↓3.6% | 80↓0.9% | 81↑42.5% | 57 | |
| Selling & Marketing Expenses | 73↓6.5% | 78↓10.0% | 86↑10.6% | 78↑47.4% | 53 | |
| SG&A Expenses | 161↑3.9% | 155↓6.9% | 166↑4.8% | 159↑44.9% | 110 | |
| Other Expenses | 0.00 | 0.00 | 0.00↓100.0% | 0.33 | 0.00 | |
| Operating Expenses | 268↑4.6% | 256↓9.5% | 283↑4.8% | 270↑53.0% | 176 | |
| Total Costs & Expenses | 403↑11.7% | 360↓7.7% | 390↑6.4% | 367↑41.5% | 259 | |
| Operating Results | ||||||
| Operating Income | -95↑18.1% | -116↑31.6% | -170↑3.4% | -176↓37.2% | -128 | |
| Depreciation & Amortization | 0.00↓100.0% | 46↓4.2% | 48↑9.9% | 43↓3.9% | 45 | |
| EBITDA | -95↓66.6% | -57↑38.0% | -92↑21.8% | -118↓45.2% | -81 | |
| EBIT | -95↑7.4% | -103↑26.5% | -140↑13.3% | -161↓27.6% | -126 | |
| Interest & Other Income | ||||||
| Net Interest Income | 11↑6.2% | 10↓33.5% | 15↑100.9% | 8↑187.7% | -9 | |
| Interest Income | 14↑39.7% | 10↓33.5% | 15↑100.9% | 8↑36433.3% | 0.02 | |
| Interest Expense | 3 | 0.00 | 0.00 | 0.00↓100.0% | 9 | |
| Non-Operating Income | 0.00↑100.0% | -13↑55.4% | -30↓106.5% | -15↓704.6% | -2 | |
| Other Income / Expenses | -147↓3088.8% | -5↓115.4% | 30↑106.5% | 15↑309.0% | -7 | |
| Income Before Tax | -242↓100.6% | -121↑13.6% | -140↑13.3% | -161↓19.3% | -135 | |
| Income Tax Expense | 5↑89.2% | 2↑201.8% | 0.82↓3.8% | 0.85↓59.9% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -247↓100.4% | -123↑12.3% | -141↑13.2% | -162↓18.1% | -137 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -247↓100.4% | -123↑12.3% | -141↑13.2% | -162↓18.1% | -137 | |
| Bottom-Line Net Income | -247↓100.4% | -123↑12.3% | -141↑13.2% | -162↓18.1% | -137 | |
| EPS (Basic) | -0.80↓90.5% | -0.42↑16.0% | -0.50↑18.0% | -0.61↓17.3% | -0.52 | |
| EPS (Diluted) | -0.80↓90.5% | -0.42↑16.0% | -0.50↑18.0% | -0.61↓17.3% | -0.52 | |
| Weighted Average Shares | 308↑5.4% | 292↑4.5% | 280↑4.7% | 267↑1.9% | 262 | |
| Weighted Average Diluted Shares | 308↑5.4% | 292↑4.5% | 280↑4.7% | 267↑1.9% | 262 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.