Planet Labs PBC Income Statement
PL / Information Technology|8 years of annual SEC 10-K data (FY2019-FY2026)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 8 fiscal years. All figures from audited SEC 10-K filings.
Planet Labs PBC reported $221M in revenue and $141M in net loss for FY2026. Revenue has grown at a 12.7% compound annual rate over the past 7 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.19 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $220.7M | $307.7M | $244.4M | $220.7M | $95.7M | $131.2M | $113.2M | $95.7M |
| Cost of Revenue | $107.7M | $135.2M | $104.6M | $107.7M | $102.4M | $83.0M | $87.4M | $102.4M |
| Gross Profit | $113.0M | $172.5M | $139.7M | $113.0M | -$6.7M | $48.2M | $25.8M | -$6.7M |
| SG&A Expense | $80.1M | $88.1M | $77.1M | $80.1M | $27.0M | $56.7M | $32.1M | $27.0M |
| R&D Expense | $116.3M | $106.7M | $101.0M | $116.3M | $37.9M | $66.7M | $43.8M | $37.9M |
| Operating Income | -$169.7M | -$95.1M | -$116.1M | -$169.7M | -$106.5M | -$128.1M | -$87.4M | -$106.5M |
| Interest Expense | - | - | - | $0 | $6.9M | $8.8M | $9.4M | $6.9M |
| Income Tax | $815.0K | $4.7M | $2.5M | $815.0K | $130.0K | $2.1M | $1.1M | $130.0K |
| Net Income | -$140.5M | -$246.9M | -$123.2M | -$140.5M | -$123.7M | -$137.1M | -$127.1M | -$123.7M |
| EPS (Basic) | -$0.50 | -$0.61 | -$1.72 | -$2.87 | -$2.89 | -$1.72 | -$2.87 | -$2.89 |
| EPS (Diluted) | -$0.50 | -$0.61 | -$1.72 | -$2.87 | -$2.89 | -$1.72 | -$2.87 | -$2.89 |
| Shares Outstanding | 279.6M | 267.1M | 260.1M | 260.1M | 260.1M | 79.6M | 44.2M | 42.9M |
| Gross Margin | 51.2% | 56.0% | 57.2% | 51.2% | -7.0% | 36.8% | 22.8% | -7.0% |
| Operating Margin | -76.9% | -30.9% | -47.5% | -76.9% | -111.2% | -97.6% | -77.3% | - |
| Profit Margin | -63.7% | -80.2% | -50.4% | -63.7% | -129.2% | -104.5% | -112.3% | -129.2% |