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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›PL›Financials
Annual statements · SEC XBRL · FY2020 – FY2026

Planet Labs PBC (PL) financials

Income statement

Planet Labs PBC (PL) income statement, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$95.7M$113M$131M$191M$221M$244M$308M
Revenue growth—18.2%15.9%45.8%15.4%10.7%25.9%
Gross profit-$6.66M$25.8M$48.2M$94.0M$113M$140M$172M
Gross margin-7.0%22.8%36.8%49.2%51.2%57.2%56.1%
Operating income-$106M-$87.4M-$128M-$176M-$170M-$116M-$95.1M
Operating margin-111.2%-77.3%-97.6%-91.9%-76.9%-47.5%-30.9%
Net income-$124M-$127M-$137M-$162M-$141M-$123M-$247M
Net margin-129.2%-112.3%-104.5%-84.7%-63.7%-50.4%-80.2%
EPS (diluted)-$2.89-$2.87-$1.72-$0.61-$0.50-$0.42-$0.80

Cash flow

Planet Labs PBC (PL) cash flow, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow-$33.7M-$4.03M-$42.2M-$73.9M-$50.7M-$14.4M$134M
Capital expenditures$16.7M$26.1M$10.3M$10.4M$38.0M$44.3M$76.7M
Free cash flow-$50.4M-$30.1M-$52.5M-$84.4M-$88.7M-$58.7M$57.6M

Balance sheet

Planet Labs PBC (PL) balance sheet, annual, from SEC filings
Fiscal yearFY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$27.7M$71.2M$491M$182M$83.9M$118M$229M
Total assets—$399M$821M$753M$702M$634M$1.15B
Total liabilities—$292M$173M$177M$184M$193M$957M
Shareholders' equity$218M$108M$648M$576M$518M$441M$188M
Retained earnings—-$640M-$777M-$939M-$1.08B-$1.20B-$1.45B
Shares (wtd avg diluted)42.9M44.2M79.6M267M280M292M308M

Every figure is extracted from Planet Labs PBC’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Planet Labs PBC's annual revenue?
Planet Labs PBC (PL) reported $308M of revenue for fiscal year 2026 — up 25.9% from $244M in FY2025, per its annual report filed with the SEC.
Is Planet Labs PBC profitable?
Not in FY2026 — PL reported a net loss of $247M, per SEC filings.
What is Planet Labs PBC's free cash flow?
$57.6M in FY2026 (operating cash flow $134M minus $76.7M of capital expenditures), from the SEC cash-flow statement.
Does PL pay a dividend?
Planet Labs PBC reported no cash dividends paid in FY2026, per its SEC cash-flow statement.
Full PL analysis — verdict, score & filings →Is PL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.