Planet Labs PBC income statement PL

In Q2 of fiscal 2027, the quarter ended Jul 31, 2026, Planet Labs PBC reported revenue of $116.1 million, up 58.1% from the same quarter a year earlier. It recorded a net loss of $9.4 million. The operating loss came to $13.5 million, an operating margin of -11.6%. Diluted earnings per share were -$0.03.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Jul 31, 2026
Q2 FY2027
Jul 31, 2026
Q1 FY2027
Apr 30, 2026
Q4 FY2026
Jan 31, 2026
Q3 FY2026
Oct 31, 2025
Q2 FY2026
Jul 31, 2025
Q1 FY2026
Apr 30, 2025
Q4 FY2025
Jan 31, 2025
Q3 FY2025
Oct 31, 2024
Revenue
378
+44.1%
116
+58.1%
94
+42.1%
87
+41.1%
81
+32.6%
73
+20.1%
66
+9.6%
62
+4.6%
61
+10.6%
Cost of revenue
169
+56.3%
50
+62.0%
44
+47.5%
40
+70.5%
35
+46.0%
31
+8.1%
30
+3.1%
23
-11.5%
24
-19.1%
Gross profit
210
+35.6%
66
+55.3%
50
+37.7%
47
+23.1%
47
+24.2%
42
+30.8%
37
+15.5%
38
+17.7%
38
+44.1%
Research and development
128
+34.3%
35
+45.5%
33
+44.8%
32
+40.3%
27
+8.4%
24
-11.4%
23
-9.8%
23
-19.2%
25
-23.6%
Selling, general and administrative
184
+29.9%
44
+21.9%
52
+42.9%
51
+46.8%
38
+7.7%
36
-19.2%
36
-10.7%
35
-8.8%
35
-14.6%
Operating expenses
312
+31.6%
79
+31.4%
85
+43.6%
83
+44.2%
65
+8.0%
60
59
-10.4%
58
60
Operating income
-103
-24.2%
-14
+24.8%
-35
-53.2%
-36
-85.9%
-18
+18.9%
-18
+54.6%
-23
+34.1%
-19
+42.9%
-23
+52.8%
Interest income
22
+159.1%
6
+196.2%
5
+173.5%
6
+198.2%
4
+82.9%
2
-21.6%
2
-39.4%
2
-46.3%
2
-29.9%
Interest expense
—
1
1
2
1
—
—
—
—
Other non-operating income (expense)
4
+722.3%
-0
+66.2%
-0
+70.6%
4
+3259.4%
0
-91.7%
-0
+14.3%
-1
-164.7%
-0
-473.0%
0
+414.5%
Pretax income
-355
-303.7%
-9
+61.0%
-138
-1078.3%
-150
-340.5%
-58
-191.2%
-22
+41.5%
-12
+59.4%
-34
-11.6%
-20
+46.7%
Income tax
5
+95.4%
1
+47.5%
1
+8.9%
2
+123.2%
1
+3036.0%
0
-44.6%
1
+110.0%
1
+355.5%
0
-93.0%
Net income
-360
-297.8%
-9
+58.6%
-139
-999.7%
-152
-333.7%
-59
-194.7%
-23
+41.6%
-13
+56.9%
-35
-16.8%
-20
+47.2%
Basic EPS
-1.08
-256.9%
-0.03
+57.1%
-0.40
-900.0%
-0.48
-305.2%
-0.19
-171.4%
-0.07
+46.2%
-0.04
+60.0%
-0.12
-12.9%
-0.07
+46.2%
Diluted EPS
-1.08
-256.9%
-0.03
+57.1%
-0.40
-900.0%
-0.48
-305.2%
-0.19
-171.4%
-0.07
+46.2%
-0.04
+60.0%
-0.12
-12.9%
-0.07
+46.2%
Weighted average shares, basic
333
+11.5%
360
+18.2%
346
+15.1%
317
+7.0%
309
+5.4%
304
+4.7%
300
+4.2%
296
+3.5%
293
+3.2%
Weighted average shares, diluted
333
+11.5%
360
+18.2%
346
+15.1%
317
+7.0%
309
+5.4%
304
+4.7%
300
+4.2%
296
+3.5%
293
+3.2%
Other measures
Depreciation and amortization
42
+2.4%
11
+1.6%
11
+1.0%
10
+10.1%
10
-2.1%
11
-19.2%
11
-15.4%
9
-20.1%
10
-25.7%
EBITDA
-61
-45.7%
-3
+62.9%
-24
-102.7%
-26
-155.5%
-8
+32.5%
-7
+72.2%
-12
+45.6%
-10
+54.8%
-12
+63.5%
Interest coverage
—
-9.39x
-24.13x
-22.63x
-17.98x
—
—
—
—
Margins
Gross margin
55.42%
56.55%
53.53%
54.17%
57.33%
57.60%
55.24%
62.08%
61.24%
Operating margin
-27.16%
-11.64%
-37.06%
-41.47%
-22.57%
-24.47%
-34.36%
-31.46%
-36.90%
Pretax margin
-93.82%
-7.43%
-146.43%
-172.78%
-71.87%
-30.11%
-17.66%
-55.33%
-32.74%
Profit margin
-95.13%
-8.06%
-147.50%
-175.59%
-72.84%
-30.79%
-19.06%
-57.11%
-32.78%
EBITDA margin
-16.03%
-2.34%
-25.17%
-29.70%
-10.38%
-10.00%
-17.64%
-16.40%
-20.39%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. The first column is the trailing twelve months through the latest quarter. More on our methodology.

Company profile

Industry
Radio & Tv Broadcasting & Communications Equipment (SIC 3663)
Listed as
PL (NYSE)
Fiscal year ends
January 31
Incorporated in
DE
Headquarters
San Francisco, CA
SEC filer status
Large accelerated filer
SEC CIK
1836833
Former names
dMY Technology Group, Inc. IV (until Dec 9, 2021)

Other Radio & Tv Broadcasting & Communications Equipment companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.