$PL Market Cap: $991.4 Million
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Financial Snapshot

Revenue
$244.4M
TTM
Gross Margin
57.16%
TTM
Net Earnings
-$123.2M
TTM
Current Assets
$302.2M
Q1 2025
Current Liabilities
$142.1M
Q1 2025
Current Ratio
212.72%
Q1 2025
Total Assets
$633.8M
Q1 2025
Total Liabilities
$192.5M
Q1 2025
Book Value
$441.3M
Q1 2025
Cash
$118.0M
Q1 2025
P/E
-8.047
Apr 15, 2025 EST
Free Cash Flow
-$62.58M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2025 2024 2023 2022 2021 2020
Revenue $244.4M $220.7M $191.3M $131.2M $113.2M $95.74M
YoY Change 10.72% 15.39% 45.76% 15.94% 18.21%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2025 2024 2023 2022 2021 2020
Revenue $244.4M $220.7M $191.3M $131.2M $113.2M $95.74M
Cost Of Revenue $104.6M $106.9M $97.25M $82.99M $87.38M $102.4M
Gross Profit $139.7M $113.8M $94.01M $48.22M $25.79M -$6.657M
Gross Profit Margin 57.18% 51.56% 49.15% 36.75% 22.78% -6.95%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2025 2024 2023 2022 2021 2020
Selling, General & Admin $154.8M $162.7M $158.8M $109.6M $69.40M $61.93M
YoY Change -4.83% 2.47% 44.87% 57.9% 12.06%
% of Gross Profit 110.82% 142.99% 168.89% 227.26% 269.16%
Research & Development $101.0M $111.1M $110.9M $66.68M $43.83M $37.87M
YoY Change -9.12% 0.2% 66.33% 52.16% 15.72%
% of Gross Profit 72.29% 97.68% 117.99% 138.29% 169.96%
Depreciation & Amortization $45.64M $47.64M $43.33M $45.04M $62.21M $77.63M
YoY Change -4.2% 9.94% -3.8% -27.6% -19.86%
% of Gross Profit 32.66% 41.87% 46.09% 93.41% 241.27%
Operating Expenses $255.8M $273.8M $269.7M $176.3M $113.2M $99.80M
YoY Change -6.57% 1.54% 52.99% 55.68% 13.45%
Operating Profit -$116.1M -$160.1M -$175.7M -$128.1M -$87.44M -$106.5M
YoY Change -27.45% -8.89% 37.19% 46.44% -17.86%
Operating Profit To Gross Profit -83.11% -140.67% -186.87% -265.54% -339.12%
Operating Profit To Revenue -47.52% -72.52% -91.85% -97.59% -77.27% -111.2%

Interest Expenses

Interest Expenses To Operating Income %

No data

Other Expense/Income

Interest & Other Expense/Income

Concept 2025 2024 2023 2022 2021 2020
Interest Expense $10.26M $15.41M $0.00 $8.772M $9.447M $6.946M
YoY Change -33.46% -100.0% -7.15% 36.01%
% of Operating Profit
Other Income/Expense, Net -$4.614M $14.64M $14.56M -$6.963M -$38.59M -$17.12M
YoY Change -131.52% 0.58% -309.05% -81.96% 125.34%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

No data

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2025 2024 2023 2022 2021 2020
Pretax Income -$120.7M -$139.7M -$161.1M -$135.0M -$126.0M -$123.6M
YoY Change -13.57% -13.3% 19.34% 7.13% 1.98%
Income Tax $2.460M $815.0K $847.0K $2.110M $1.073M $130.0K
% Of Pretax Income
Net Earnings -$123.2M -$140.5M -$162.0M -$137.1M -$127.1M -$123.7M
YoY Change -12.32% -13.25% 18.12% 7.88% 2.74%
Net Earnings / Revenue -50.42% -63.67% -84.69% -104.51% -112.31% -129.22%
Basic Earnings Per Share -$0.42 -$0.50 -$0.61 -$1.72 -$2.87 -$2.89
Diluted Earnings Per Share -$0.42 -$0.50 -$0.61 -$1.72 -$2.87 -$2.89

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

No data

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

No data

Assets & Liabilities

Concept 2025 2024 2023 2022 2021 2020
Cash & Short-Term Investments $222.1M $298.9M $408.8M $490.8M $71.18M $21.68M
YoY Change -25.7% -26.87% -16.71% 589.44% 228.37%
Cash & Equivalents $118.0M $83.87M $181.9M $490.8M $71.18M $21.68M
Short-Term Investments $104.0M $215.0M $226.9M
Other Short-Term Assets $24.32M $27.92M $27.94M $16.39M $7.134M $10.92M
YoY Change -12.92% -0.07% 70.54% 129.67% -34.66%
Inventory
Prepaid Expenses
Receivables $55.83M $43.32M $38.95M $44.37M $47.11M $27.73M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $302.2M $370.2M $475.7M $551.5M $125.4M $60.32M
YoY Change -18.35% -22.18% -13.76% 339.71% 107.93%
Property, Plant & Equipment $141.5M $135.8M $128.5M $133.3M $159.9M $186.6M
YoY Change 4.22% 5.66% -3.59% -16.62% -14.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.295M $12.40M $9.578M $8.457M $7.966M $5.688M
YoY Change -41.17% 29.47% 13.26% 6.16% 40.05%
Total Long-Term Assets $331.6M $331.8M $277.1M $269.9M $273.9M $302.7M
YoY Change -0.08% 19.77% 2.65% -1.45% -9.51%
Total Assets $633.8M $702.0M $752.7M $821.4M $399.3M $363.0M
YoY Change
Accounts Payable $2.604M $2.601M $6.900M $2.850M $1.446M $2.115M
YoY Change 0.12% -62.3% 142.11% 97.1% -31.63%
Accrued Expenses $44.35M $42.60M $50.91M $48.82M $30.20M $18.76M
YoY Change 4.12% -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 $0.00
YoY Change
Long-Term Debt Due $0.00 $8.244M $10.80M
YoY Change -100.0% -23.69%
Total Short-Term Liabilities $142.1M $136.6M $122.3M $132.0M $108.8M $71.21M
YoY Change 3.97% 11.77% -7.41% 21.35% 52.8%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $155.6M $46.66M
YoY Change -100.0% 233.53%
Other Long-Term Liabilities $50.43M $47.33M $54.36M $41.16M $27.37M $27.48M
YoY Change 6.55% -12.94% 32.09% 50.36% -0.41%
Total Long-Term Liabilities $50.43M $47.33M $54.36M $41.16M $183.0M $74.14M
YoY Change 6.55% -12.94% 32.09% -77.51% 146.81%
Total Liabilities $192.5M $184.0M $176.6M $173.2M $291.8M $145.4M
YoY Change 4.64% 4.17% 1.98% -40.65% 100.75%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2025 2024 2023 2022 2021 2020
Basic Shares Outstanding 292.1M shares 279.6M shares 267.1M shares 79.61M shares 44.21M shares 42.86M shares
Diluted Shares Outstanding 292.1M shares 279.6M shares 267.1M shares 79.61M shares 44.21M shares 42.86M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $991.38 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.

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