Planet Labs PBC (PL)

Planet Labs PBC engages in the design, construction, and launch of constellations of satellites with the intent of providing high-cadence geospatial data delivered to customers through an online platform in the United States and internationally. The company offers SuperDove satellites to create an always-online scanner for the planet, with the goal of imaging the Earth every day at a ground sampling distance (GSD) resolution of up to 3.5 meters. This combines planet monitoring with other scientific-grade radiometric data from public satellite data programs; and SkySat and Pelican satellites to capture a specified location several times per day, achieving a GSD resolution of up to 50 centimeters after processing, powered by an application programming interface. It also provides Tanager, a hyperspectral imaging satellite that delivers full-spectrum imagery across the visible and shortwave infrared regions, and the Earth Observation platform, which enables customers and partners to access, analyze, and act on its proprietary data catalog by discovering image tasking capacity, relevant data layers, extracting useful information, and delivering insights through custom-built solutions or GIS workflows via APIs and browser-based applications. In addition, the company's satellite services arrangements include designing and manufacturing customer-owned satellites, mission systems engineering, launch procurement, ground station infrastructure, satellite operations, and maintenance, as well as dedicated image tasking capacity on company-owned or customer-owned satellites. It serves agriculture, mapping, energy, forestry, finance, and insurance companies, as well as government agencies. Planet Labs PBC was founded in 2010 and is headquartered in San Francisco, California.

Ticker
PL
Exchange
NYSE
Sector
Industrials
Industry
Aerospace & Defense
Market cap
$4.57B
52-week range
$10.52 - $51.76

Valuation

Share price
$12.55 (close of Nov 6, 2026)
P/E (TTM)
-11.21x
Price to book
8.09x
Price to free cash flow
185.09x
Enterprise value
$4.65B
Book value per share
$1.55

Price performance

PeriodChange
1 day+10.38%
5 days-6.83%
1 month-32.42%
3 months-44.76%
6 months-68.38%
Year to date-36.36%
1 year+0.72%
3 years+455.31%
5 years+22.68%
All time+26.77%

Short interest

As of
Oct 15, 2026
Short % of float
12.17%
Shares short
36.78M
Days to cover
3.27
Change since prior report
+10.39%
Source
FINRA consolidated short interest

Profitability and growth

Return on equity
-131.01%
Return on invested capital
-14.61%
Return on assets
-21.55%
Return on capital employed
-14.06%
Gross margin
56.05%
Net margin
-80.22%
EBITDA margin
-17.30%
Revenue growth
25.94%

Cash flow and balance sheet

Free cash flow yield (TTM)
0.54%
Current ratio
2.84x
Net debt to EBITDA
-0.27x

Latest reported year

Period end
Jan 31, 2026
Fiscal year
2026
Revenue
$307.73M
Cost of revenue
$135.24M
Gross profit
$172.49M
EBITDA
-$53.25M
Net income
-$246.86M
Earnings per share
$-0.80
Research and development
$106.75M
Interest expense
$3.44M
Shares outstanding
307.80M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2026-01-31$307.73M$172.49M-$246.86M-$0.80
2025-01-31$244.35M$139.72M-$123.20M-$0.42
2024-01-31$220.70M$112.95M-$140.51M-$0.50
2023-01-31$191.26M$94.01M-$161.97M-$0.61
2022-01-31$131.21M$48.22M-$137.12M-$1.72
2021-01-31$113.17M$25.79M-$127.10M-$2.87
2020-01-31$95.74M--$123.71M-$2.89

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2026-01-3156.05%-80.22%-131.01%-14.61%
2025-01-3157.18%-50.42%-27.92%-25.09%
2024-01-3151.18%-63.67%-27.12%-31.26%
2023-01-3149.15%-84.69%-28.11%-29.37%
2022-01-3136.75%-104.51%-21.15%-19.41%
2021-01-3122.78%-112.31%-118.22%-41.89%
2020-01-31--129.22%-56.84%-

Cash and debt by year

Period endCashDebt
2026-01-31$229.44M-
2025-01-31$118.05M-
2024-01-31$83.87M-
2023-01-31$181.89M-
2022-01-31$490.76M-
2021-01-31$71.18M$92.97M
2020-01-31$21.68M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2026-01-31$57.65M$54.99M
2025-01-31-$58.67M$48.48M
2024-01-31-$88.70M$57.13M
2023-01-31-$84.37M$75.54M
2022-01-31-$52.52M$41.96M
2021-01-31-$30.12M$14.01M
2020-01-31-$50.35M$5.07M

Investor relations

Next earnings report

Next confirmed report
Dec 9, 2026
Consensus EPS estimate
$-0.08

Past earnings dates

ReportedFiscal periodEPS estimate
2026-09-03Jul 2026-$0.18
2026-06-04Apr 2026-$0.13
2026-03-19Jan 2026-$0.13
2025-12-10Oct 2025-$0.07
2025-09-08Jul 2025-$0.08
2025-06-04Apr 2025-$0.10
2025-03-20Jan 2025-$0.07
2024-12-09Oct 2024-$0.10

Filings and sources

Company website
planet.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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