Planet Labs PBC (PL) Financials
Key financial figures for Planet Labs PBC (Q2 2027).
Planet Labs delivered record Q2 FY2027 revenue of $116.1 million, up 58% year-over-year, and posted its second straight quarter of positive Adjusted EBITDA at $13.9 million. Revenue of $116.1 million grew 58% year-over-year, Planet's fourth consecutive quarter meeting or exceeding the Rule of 40. Adjusted EBITDA was a $13.9 million profit (6.0% margin), up from $6.4 million in the year-ago quarter, while GAAP net loss narrowed to $9.4 million (EPS of -$0.03) from a $22.6 million loss a year earlier. GAAP gross margin was 57% (58% a year ago) and non-GAAP gross margin was 59% (61% a year ago), a modest compression management attributed to mix. On the outlook: For Q3 FY2027, Planet guided to revenue of $101-105 million, non-GAAP gross margin of 56-58%, Adjusted EBITDA of ($6) to ($1) million, and capex of $30-37 million. For full-year FY2027, Planet guided to revenue of $430-441 million, non-GAAP gross margin of 55-57%, Adjusted EBITDA of $3-10 million, and capex of $100-115 million. Figures are for Q2 FY2027, as Planet Labs PBC reported them.
- Revenue
- $116M
- Net Income
- -$9M
- EPS
- $-0.03
- Total Assets
- $1.4B
- Operating Cash Flow
- $53M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2027 | $116M | -$9M | -$0.03 | -11.64% | $26M |
| Q1 FY2027 | $94M | -$139M | -$0.40 | -37.06% | -$2M |
| Q4 FY2026 | $87M | -$152M | -$0.48 | -41.47% | -$951K |
| Q3 FY2026 | $81M | -$59M | -$0.19 | -22.57% | $650K |
| Q2 FY2026 | $73M | -$23M | -$0.07 | -24.47% | $49M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2026 | $308M | -$247M | -$0.80 | -30.9% | $58M |
| FY2025 | $244M | -$123M | -$0.42 | -47.52% | -$59M |
| FY2024 | $221M | -$141M | -$0.50 | -76.91% | -$93M |
Frequently asked questions
What was Planet Labs PBC's revenue last quarter?
Planet Labs PBC reported revenue of $116.1 million for Q2 FY2027, up 58.1% from the same period a year earlier.
Is Planet Labs PBC profitable?
Not in its most recent reported period. Planet Labs PBC reported a net loss of $9.4 million for Q2 FY2027, a net margin of -8.06% on revenue.
How has Planet Labs PBC's margin trended?
Operating margin was -11.64% in Q2 FY2027, compared with -24.47% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Planet Labs PBC generate?
Planet Labs PBC generated free cash flow of $25.6 million in Q2 FY2027, after capital expenditure.
Full income statement, balance sheet and cash flow for Planet Labs PBC on SentiSense, with up to forty quarters and twenty fiscal years of history.