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Planet Labs PBC (PL)

18.12 -0.23 (-1.25%)
At close: September 4 at 4:00:02 PM EDT
18.03 -0.09 (-0.50%)
After hours: September 4 at 7:59:56 PM EDT
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PL Q2 2027 earnings call
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What's happening with PL?

24m ago
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Planet Labs reported record Q2 revenueof $116.1 million, a 58% year-over-year increase, and achieved its first profitable quarter with adjusted EPS of $0.02. However, the company’s Q3 guidancefell short of analyst expectations, leading to a slight decline in stock price despite strong overall performance.

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  • Previous Close 18.35
  • Open 19.64
  • Bid 18.01 x 190000
  • Ask 18.09 x 80000
  • Day's Range 17.74 - 19.96
  • 52 Week Range 7.29 - 51.76
  • Volume 32,038,992
  • Avg. Volume 9,964,367
  • Market Cap (intraday) 6.593B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) --
  • EPS (TTM) -1.09
  • Earnings Date Sep 3, 2026
  • Forward Dividend & Yield --
  • Ex-Dividend Date --
  • 1y Target Est 35.36

Planet Labs PBC engages in the design, construction, and launch of constellations of satellites with the intent of providing high-cadence geospatial data delivered to customers through an online platform in the United States and internationally. The company offers SuperDove satellites to create an always-online scanner for the planet, with the goal of imaging the Earth every day at a ground sampling distance (GSD) resolution of up to 3.5 meters. This combines planet monitoring with other scientific-grade radiometric data from public satellite data programs; and SkySat and Pelican satellites to capture a specified location several times per day, achieving a GSD resolution of up to 50 centimeters after processing, powered by an application programming interface. It also provides Tanager, a hyperspectral imaging satellite that delivers full-spectrum imagery across the visible and shortwave infrared regions, and the Earth Observation platform, which enables customers and partners to access, analyze, and act on its proprietary data catalog by discovering image tasking capacity, relevant data layers, extracting useful information, and delivering insights through custom-built solutions or GIS workflows via APIs and browser-based applications. In addition, the company's satellite services arrangements include designing and manufacturing customer-owned satellites, mission systems engineering, launch procurement, ground station infrastructure, satellite operations, and maintenance, as well as dedicated image tasking capacity on company-owned or customer-owned satellites. It serves agriculture, mapping, energy, forestry, finance, and insurance companies, as well as government agencies. Planet Labs PBC was founded in 2010 and is headquartered in San Francisco, California.

www.planet.com

945

Full Time Employees

January 31

Fiscal Year Ends

Industrials

Sector

Recent News

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Performance Overview

Trailing total returns as of 9/4/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

PL
8.11%
S&P 500 (^GSPC)
12.75%

1-Year Return

PL
180.50%
S&P 500 (^GSPC)
18.71%

3-Year Return

PL
444.14%
S&P 500 (^GSPC)
70.93%

5-Year Return

PL
83.03%
S&P 500 (^GSPC)
70.18%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q1 FY27
Revenue 94.15M
Earnings -138.87M
Profit Margin -147.50%

Q3

FY26

Q4

FY26

Q1

FY27

-150M
-100M
-50M
0
50M
-160.0%
-140.0%
-120.0%
-100.0%
-80.0%

Analyst Insights

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Analyst Price Targets

25.00
35.36 Average
18.12 Current
50.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 9/4/2026
Analyst Citizens
Rating Action Reiterates
Rating Market Perform
Price Action --
Price Target --

Statistics

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Valuation Measures

Annual
  • Market Cap

  • Enterprise Value

  • Trailing P/E

  • Forward P/E

  • PEG Ratio (5yr expected)

  • Price/Sales (ttm)

  • Price/Book (mrq)

  • Enterprise Value/Revenue

  • Enterprise Value/EBITDA

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    -95.13%

  • Return on Assets (ttm)

    -5.37%

  • Return on Equity (ttm)

    -71.97%

  • Revenue (ttm)

    378.28M

  • Net Income Avi to Common (ttm)

    -359.86M

  • Diluted EPS (ttm)

    -1.09

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    865.42M

  • Total Debt/Equity (mrq)

    88.35%

  • Levered Free Cash Flow (ttm)

    14.59M

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