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.
- Symbol
- PL
- Exchange
- NYSE
- Sector
- Industrials
- Industry
- Aerospace & Defense
- Market cap
- $6.08B
- 52 week range
- 10.52 - 51.76
Valuation
- Share price
- $16.38 (close of 2026-09-23)
- P/E (TTM)
- -15.10x
- Price to book
- 10.77x
- Price to free cash flow
- 246.48x
- Enterprise value
- $6.16B
- Book value per share
- $1.57
Price performance
| Period | Change |
|---|
| 1 day | -3.13% |
| 5 days | +2.25% |
| 1 month | -26.51% |
| 3 months | -42.59% |
| 6 months | -51.57% |
| Year to date | -16.94% |
| 1 year | +35.93% |
| 3 years | +534.88% |
| 5 years | +64.63% |
| All time | +65.45% |
Profitability and growth
- Return on equity
- -131.01%
- Return on invested capital
- -22.56%
- 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%
- Net income growth
- -100.38%
- Free cash flow growth
- 198.26%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 0.41%
- Current ratio
- 2.84x
- Net debt to EBITDA
- -0.27x
Latest reported year
- Period end
- 2026-01-31
- 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
- Shares outstanding
- 307.80M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 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 | $-6.66M | $-123.71M | $-2.89 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2026-01-31 | 56.05% | -80.22% | -131.01% | -22.56% |
| 2025-01-31 | 57.18% | -50.42% | -27.92% | -33.67% |
| 2024-01-31 | 51.18% | -63.67% | -27.12% | -36.98% |
| 2023-01-31 | 49.15% | -84.69% | -28.11% | -42.21% |
| 2022-01-31 | 36.75% | -104.51% | -21.15% | -75.82% |
| 2021-01-31 | 22.78% | -112.31% | -118.22% | -240.70% |
| 2020-01-31 | -6.95% | -129.22% | -56.84% | -56.06% |
Cash and debt by year
| Period end | Cash |
|---|
| 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 |
Free cash flow by year
| Period end | Free cash flow | Stock-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 |
Dividend history
- Most recent payment
- 2014-11-14
| Payment date | Dividend per share |
|---|
| 2014-11-14 | $0.24 |
| 2014-08-14 | $0.24 |
| 2014-05-21 | $0.24 |
| 2014-02-21 | $0.20 |
| 2013-11-12 | $0.20 |
| 2013-08-12 | $0.20 |
| 2013-05-22 | $0.20 |
| 2013-02-13 | $0.18 |
Investor relations
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-09-03 | Jul/2026 | - |
| 2026-06-04 | - | - |
| 2026-03-19 | - | - |
| 2025-12-10 | - | - |
| 2025-09-08 | - | - |
| 2025-06-04 | - | - |
| 2025-03-20 | - | - |
| 2024-12-09 | - | - |
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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