Machine learning predictions based on historical earnings data and price patterns
1-Day Prediction
-12.15%
$38.16
0% positive prob.
5-Day Prediction
-11.00%
$38.66
0% positive prob.
20-Day Prediction
-15.16%
$36.86
0% positive prob.
SEC 8-K filings with transcript text
Jun 4, 2026 · 100% conf.
1D
-12.15%
$38.16
5D
-11.00%
$38.66
20D
-15.16%
$36.86
2 pl-ex99_1.htm
Exhibit 99.1
Planet Reports Financial Results for First Quarter of Fiscal Year 2027 Delivered Record Quarterly Revenue of $94 Million, up 42% YoY
Increased RPOs +81% YoY to $816 Million; Backlog +72% YoY to over $906 Million
Successfully Launched 3 Pelican Satellites, Including Sweden’s First Sovereign Reconnaissance Satellite
End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 223% YoY to $731 Million
San Francisco, CA – June 4, 2026 – Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about change on Earth, today announced financial results for the period ended April 30, 2026.
“Planet’s excellent start to the year is a testament to the mission-critical nature of our data in an increasingly complex world,” said Will Marshall, Planet’s Co-Founder, Chief Executive Officer and Chairperson. “Planet is executing with speed and focus, evidenced by the successful launch of Sweden’s first sovereign reconnaissance satellite just four months after contract signing. By investing in AI, we are positioning Planet at the forefront of the industry and pioneering ways to make planetary-scale insights available and actionable to more users than ever before.”
Ashley Johnson, Planet’s President and Chief Financial Officer, added, “We delivered record revenue of $94.2 million, accelerating our top-line growth to 42% year-over-year, driven by exceptional execution across our global go-to-market and delivery teams. The momentum in our business is further reflected in our backlog, which grew 72% year-over-year to over $906 million, providing us with excellent visibility and predictability into our future growth.” Ms. Johnson continued, “We also announced the redemption of our outstanding public warrants, generating approximately $108 million in proceeds from exercises. We ended the quarter with $731 million of cash, cash equivalents, and short-term investments, giving us a fortress balance sheet to confidently invest behind our core growth initiatives while maintaining our operational discipline.”
First Quarter of Fiscal Year 2027 Financial and Key Metric Highlights:
• First quarter revenue increased 42% year-over-year to a record $94.2 million.
• Percent of recurring annual contract value (ACV) was 99% as of the end of the first quarter.
• First quarter gross margin was 54%, compared to 55% in the first quarter of fiscal year 2026. First quarter non-GAAP gross margin was 56%, compared to 59% in the first quarter of fiscal year 2026.
• First quarter net loss was ($138.9) million, compared to ($12.6) million in the first quarter of fiscal year 2026. The first quarter of fiscal year 2027 net loss included an approximate ($106.5) million revaluation loss from the change in fair value of warrant liabilities related to stock price appreciation during the period. Planet announced the redemption of all of its outstanding public warrants during the quarter, resulting in approximately $107.8 million of proceeds from exercises of the public warrants. Additionally, the remaining private placement warrants were exercised on a cashless basis during the quarter. Consequently, revaluations from the change in the fair value of public warrant liabilities will not occur in future quarters.
• First quarter adjusted EBITDA loss was ($1.0) million, compared to $1.2 million in the first quarter of fiscal year 2026.
• First quarter GAAP net loss per share was ($0.40) and non-GAAP net loss per share was ($0.03). First quarter GAAP net loss per share included an approximate ($0.31) impact from the change in fair value of warrant liabilities related to stock price appreciation during the period.
• First quarter net cash provided by operating activities was $15.4 million, and first quarter free cash flow was ($2.5) million.
• Ended the quarter with $730.8 million in cash, cash equivalents and short-term investments.
Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein. In addition, reconciliations to the most directly comparable U.S. GAAP financial measures are provided in the tables at the end of this release.
Recent Business Highlights:
Growing Customer and Partner Relationships
• International Government Customer: During the quarter, Planet signed an eight-figure, one-year contract with an international Defense & Intelligence customer for dedicated capacity services from on-orbit satellites. This contract has provided the customer immediate access to high-resolution tasking capacity and advanced analytic solutions integrated across Planet’s Pelican, SkySat, and PlanetScope constellations.
• National Geospatial-Intelligence Agency: During the quarter, the NGA awarded Planet a $21.9 million, one-year contract extension for maritime surveillance under the Luno B Indefinite Delivery, Indefinite Quantity (IDIQ) for Advanced
Mar 19, 2026
2 pl-ex99_1.htm
Exhibit 99.1
Planet Reports Financial Results for Fourth Quarter and Full Fiscal Year 2026
Delivered Record Annual Revenue of $308 Million
Increased RPOs +106% YoY to $852 Million; Backlog +79% YoY to over $900 Million
Generated $134 Million of Net Cash Provided by Operating Activities and $53 Million Free Cash Flow in FY26
End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 188% YoY to $640 Million
San Francisco, CA – March 19, 2025 – Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about change on Earth, today announced financial results for the period ended January 31, 2026.
“Planet had a transformational year driven by strong momentum in satellite services, including most recently with Sweden, as well as launching 40 satellites, and inking an R&D partnership with Google to explore data centers in space,” said Will Marshall, Planet’s Co-Founder, Chief Executive Officer and Chairperson. “We delivered record revenue, with Q4 growing 41% year-on-year, and ended the year with $900 million of backlog, representing 79% growth year-on-year. With this excellent backlog as well as our healthy pipeline, we project strong growth for this year and beyond. Consequently we’re leaning in and investing in the huge market opportunity in front of us. Just as satellite services were transformative last year, we expect AI to be transformative this year, enabling us to unlock massive markets even faster. In all, we’re playing to win.”
Ashley Johnson, Planet’s President and Chief Financial Officer, added, “We delivered record revenue, our first fiscal year of Adjusted EBITDA and free cash flow profitability, and closed the year with $640 million of cash, cash equivalents, and short-term investments.” Ms. Johnson continued, “Achieving these major milestones is a direct reflection of the hard work and dedication of our global teams. Their unwavering commitment to delivering innovative solutions and exceptional value for our customers has strengthened our financial foundation and positioned us for sustainable, profitable growth.”
Fiscal Fourth Quarter and Full Year 2026 Financial and Key Metric Highlights:
• Fourth quarter revenue increased 41% year-over-year to a record $86.8 million.
• Full year revenue increased 26% year-over-year to a record $307.7 million.
• Percent of recurring annual contract value (ACV) was 98% as of the end of fiscal year 2026.
• Fourth quarter gross margin was 54%, compared to 62% in the fourth quarter of fiscal year 2025. Fourth quarter non-GAAP gross margin was 57%, compared to 65% in the fourth quarter of fiscal year 2025.
• Full year gross margin was 56%, compared to 57% in fiscal year 2025. Full year non-GAAP gross margin was 59%, compared to 60% in fiscal year 2025.
• Fourth quarter net loss was ($152.5) million, compared to ($35.2) million in the fourth quarter of fiscal year 2025. The fourth quarter of fiscal year 2026 net loss included an approximate ($122.6) million revaluation loss from the change in fair value of warrant liabilities related to stock price appreciation during the period.
• Full year net loss was ($246.9) million, compared to ($123.2) million in fiscal year 2025. Full year net loss included an approximate ($161.4) million revaluation loss from the change in fair value of warrant liabilities during the fiscal year 2026 related to stock price appreciation during the period.
• Fourth quarter adjusted EBITDA profit was $2.3 million, compared to $2.4 million in the fourth quarter of fiscal year 2025.
• Full year adjusted EBITDA profit was $15.5 million, compared to a ($10.6) million loss in fiscal year 2025.
• Fourth quarter GAAP net loss per share was ($0.48) and non-GAAP net loss per share was ($0.00). Fourth quarter GAAP net loss per share included an approximate ($0.39) impact from
the change in fair value of warrant liabilities related to stock price appreciation during the period
• Full year GAAP net loss per share was ($0.80) and non-GAAP net loss per share was ($0.04). Full year GAAP net loss per share included an approximate ($0.52) impact from the change in fair value of warrant liabilities related to stock price appreciation during the period.
• Full year net cash provided by operating activities was $134.4 million, and full year free cash flow was $52.9 million.
• Ended the quarter with $640.1 million in cash, cash equivalents and short-term investments.
Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein. In addition, reconciliations to the most directly comparable U.S. GAAP financial measures are provided in the tables at the end of this release.
Recent Business Highlights:
Growing Customer and Partner Relationships
• Swedish Armed Forces: During the quarter, Planet was awarded a multi-year, low nine-figure agreement by Swed
Dec 10, 2025
2 pl-ex99_1.htm
Exhibit 99.1
Planet Reports Financial Results for Third Quarter of Fiscal Year 2026
Delivered Record Revenue in Q3 of $81 Million, Up +33% YoY
Increased RPOs +361% YoY to $672 Million; Backlog +216% YoY to $734 Million
Generated $114 Million of Year-to-Date Net Cash Provided by Operating Activities
End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 180% YoY to $677 Million
Successfully Launched 2 High Resolution Pelican Satellites & 36 SuperDove Satellites
San Francisco, CA – December 10, 2025 – Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about change on Earth, today announced financial results for the period ended October 31, 2025.
“We delivered a strong third quarter, marked by continued momentum in the business, accelerated revenue growth, and excellent progress on our profitability goals. We’re seeing strong traction with our AI-enabled global monitoring solutions, demonstrated by our recent award under the NGA’s Luno B program and expansion with NATO. We’re announcing our acquisition of Bedrock Research, an AI-enabled solutions company, to accelerate our roadmap in support of this demand,” said Will Marshall, Planet’s Co-Founder, Chief Executive Officer and Chairperson. “Since the end of the quarter, we have successfully launched another 2 Pelican satellites as well as 36 Super Doves and announced an R&D initiative with Google to explore scaled AI computing in space.”
Ashley Johnson, Planet’s President and Chief Financial Officer, added, “We delivered record revenue, our fourth consecutive quarter of adjusted EBITDA profitability, and our third consecutive quarter of positive free cash flow.” Ms. Johnson continued, “We are pleased to have raised $460 million of convertible debt to strengthen our balance sheet, ending the quarter with approximately $677 million of cash, cash equivalents, and short-term investments.”
Third Quarter of Fiscal Year 2026 Financial and Key Metric Highlights:
• Third quarter revenue increased 33% year-over-year to a record $81.3 million.
• Percent of recurring annual contract value (ACV) for the third quarter was 97%.
• Third quarter gross margin was 57%, compared to 61% in the third quarter of fiscal year 2025.
• Third quarter non-GAAP gross margin was 60%, compared to 64% in the third quarter of fiscal year 2025.
• Third quarter net loss was ($59.2) million, compared to ($20.1) million in the third quarter of fiscal year 2025.
• Third quarter adjusted EBITDA was $5.6 million of profit, compared to a ($0.2) million loss in the third quarter of fiscal year 2025.
• Third quarter GAAP net loss per share was ($0.19) and non-GAAP net loss per share was ($0.00).
• Year-to-date net cash provided by operating activities was $113.7 million, and year-to-date free cash flow was $55.2 million.
• Ended the quarter with $677.3 million in cash, cash equivalents and short-term investments.
Please see “Planet’s Use of Non-GAAP Financial Measures” below for a discussion on how Planet calculates the non-GAAP financial measures presented herein. In addition, reconciliations to the most directly comparable U.S. GAAP financial measures are provided in the tables at the end of this release.
Recent Business Highlights:
Growing Customer and Partner Relationships
• National Geospatial-Intelligence Agency: As announced in October, Planet received a $12.8 million initial prime contractor award from the NGA under the Luno B program. The award, which was won with partner SynMax, is for Advanced Analytics for Maritime Operations and Reconnaissance. Under this program, Planet and SynMax will provide the NGA with AI-enabled Maritime Domain Awareness solutions, which include vessel detections and monitoring over key areas of interest in Asia-Pacific.
• National Reconnaissance Office: The NRO renewed its baseline contract for PlanetScope broad area monitoring data under the Electro-Optical Commercial Layer program for $13.2 million through June 2026. Planet was also awarded a Contract Line Item Number (CLIN) on its existing EOCL contract that establishes the framework for NRO to order high-resolution Pelican imagery.
• National Aeronautics and Space Administration: During Q3, NASA awarded Planet a task order for $13.5 million under the Commercial Satellite Data Acquisition (CSDA) contract to continue providing PlanetScope data in support of the agency’s Earth science mission. In November, Planet received an additional task order for $900,000 for high resolution tasked imagery to support disaster response and recovery.
• U.S. Navy: As announced in October, Planet was awarded a six month, $7.5 million contract renewal by the U.S. Navy, for vessel detection and monitoring over key areas of interest throughout the Pacific.
• NATO: In November, NATO awarded Planet a seven-figure contract expansion to deliver persistent space-based surveillance and enhanced indicatio
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