Financial Snapshot

Revenue
$235.8M
TTM
Gross Margin
51.88%
TTM
Net Earnings
-$136.1M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
233.92%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$473.2M
Q3 2024
Cash
Q3 2024
P/E
-4.638
Sep 13, 2024 EST
Free Cash Flow
-$87.12M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020
Revenue $220.7M $191.3M $131.2M $113.2M $95.74M
YoY Change 15.39% 45.76% 15.94% 18.21%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020
Revenue $220.7M $191.3M $131.2M $113.2M $95.74M
Cost Of Revenue $106.9M $97.25M $82.99M $87.38M $102.4M
Gross Profit $113.8M $94.01M $48.22M $25.79M -$6.657M
Gross Profit Margin 51.56% 49.15% 36.75% 22.78% -6.95%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020
Selling, General & Admin $162.7M $158.8M $109.6M $69.40M $61.93M
YoY Change 2.47% 44.87% 57.9% 12.06%
% of Gross Profit 142.99% 168.89% 227.26% 269.16%
Research & Development $111.1M $110.9M $66.68M $43.83M $37.87M
YoY Change 0.2% 66.33% 52.16% 15.72%
% of Gross Profit 97.68% 117.99% 138.29% 169.96%
Depreciation & Amortization $47.64M $43.33M $45.04M $62.21M $77.63M
YoY Change 9.94% -3.8% -27.6% -19.86%
% of Gross Profit 41.87% 46.09% 93.41% 241.27%
Operating Expenses $273.8M $269.7M $176.3M $113.2M $99.80M
YoY Change 1.54% 52.99% 55.68% 13.45%
Operating Profit -$160.1M -$175.7M -$128.1M -$87.44M -$106.5M
YoY Change -8.89% 37.19% 46.44% -17.86%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020
Interest Expense $15.41M $0.00 $8.772M $9.447M $6.946M
YoY Change -100.0% -7.15% 36.01%
% of Operating Profit
Other Income/Expense, Net $14.64M $14.56M -$6.963M -$38.59M -$17.12M
YoY Change 0.58% -309.05% -81.96% 125.34%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020
Pretax Income -$139.7M -$161.1M -$135.0M -$126.0M -$123.6M
YoY Change -13.3% 19.34% 7.13% 1.98%
Income Tax $815.0K $847.0K $2.110M $1.073M $130.0K
% Of Pretax Income
Net Earnings -$140.5M -$162.0M -$137.1M -$127.1M -$123.7M
YoY Change -13.25% 18.12% 7.88% 2.74%
Net Earnings / Revenue -63.67% -84.69% -104.51% -112.31% -129.22%
Basic Earnings Per Share -$0.50 -$0.61 -$1.72 -$2.87 -$2.89
Diluted Earnings Per Share -$0.50 -$0.61 -$1.72 -$2.87 -$2.89

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020
Cash & Short-Term Investments $298.9M $408.8M $490.8M $71.18M $21.68M
YoY Change -26.87% -16.71% 589.44% 228.37%
Cash & Equivalents $83.87M $181.9M $490.8M $71.18M $21.68M
Short-Term Investments $215.0M $226.9M
Other Short-Term Assets $27.92M $27.94M $16.39M $7.134M $10.92M
YoY Change -0.07% 70.54% 129.67% -34.66%
Inventory
Prepaid Expenses
Receivables $43.32M $38.95M $44.37M $47.11M $27.73M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $370.2M $475.7M $551.5M $125.4M $60.32M
YoY Change -22.18% -13.76% 339.71% 107.93%
Property, Plant & Equipment $135.8M $128.5M $133.3M $159.9M $186.6M
YoY Change 5.66% -3.59% -16.62% -14.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.40M $9.578M $8.457M $7.966M $5.688M
YoY Change 29.47% 13.26% 6.16% 40.05%
Total Long-Term Assets $331.8M $277.1M $269.9M $273.9M $302.7M
YoY Change 19.77% 2.65% -1.45% -9.51%
Total Assets $702.0M $752.7M $821.4M $399.3M $363.0M
YoY Change
Accounts Payable $2.601M $6.900M $2.850M $1.446M $2.115M
YoY Change -62.3% 142.11% 97.1% -31.63%
Accrued Expenses $42.60M $50.91M $48.82M $30.20M $18.76M
YoY Change -16.32% 4.27% 61.69% 60.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $8.244M $10.80M
YoY Change -100.0% -23.69%
Total Short-Term Liabilities $136.6M $122.3M $132.0M $108.8M $71.21M
YoY Change 11.77% -7.41% 21.35% 52.8%
Long-Term Debt $0.00 $0.00 $0.00 $155.6M $46.66M
YoY Change -100.0% 233.53%
Other Long-Term Liabilities $47.33M $54.36M $41.16M $27.37M $27.48M
YoY Change -12.94% 32.09% 50.36% -0.41%
Total Long-Term Liabilities $47.33M $54.36M $41.16M $183.0M $74.14M
YoY Change -12.94% 32.09% -77.51% 146.81%
Total Liabilities $184.0M $176.6M $173.2M $291.8M $145.4M
YoY Change 4.17% 1.98% -40.65% 100.75%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2024 2023 2022 2021 2020
Basic Shares Outstanding 279.6M shares 267.1M shares 79.61M shares 44.21M shares 42.86M shares
Diluted Shares Outstanding 279.6M shares 267.1M shares 79.61M shares 44.21M shares 42.86M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $630.97 Million

About Planet Labs PBC

Planet Labs PBC provides daily data and insights about earth. The company is headquartered in San Francisco, California and currently employs 1,020 full-time employees. The company went IPO on 2021-03-05. The firm designs, builds, and operates the earth observation fleet of imaging satellites. The firm provides mission-critical data, advanced insights, and software solutions to over 1,000 customers, comprising the agriculture, forestry, intelligence, education and finance companies and government agencies, enabling users to derive value from satellite imagery. Its satellite data and analytics reveal actionable insights regarding important phenomena, such as deforestation, agriculture, climate change, biodiversity, and supply chains worldwide. Its daily stream of proprietary data and machine learning analytics, delivered over its cloud-native platform, helps companies, governments and civil society use satellite imagery to discover insights as change happens. Its digital technology platform includes Agile Aerospace, Proprietary Big Data, and Platform and Analytics.

Industry: Radio & Tv Broadcasting & Communications Equipment Peers: CBIZ Inc CRA International Inc FiscalNote Holdings Inc Exponent Inc Forrester Research Inc Huron Consulting Group Inc ICF International Inc LegalZoom.com Inc MANTECH INTERNATIONAL CORP