Planet Labs
PL NYSE· Aerospace & Defense
Last close · Oct 26, 2026
$13.76
KIRA · Stoqly’s AI analyst, in plain words
- Planet Labs had $308M of revenue in fiscal 2026, up 25.9% on the year before. Over five years, revenue changed +22.1% a year on average.
- Its operating margin was −30.9%, up 16.6 pts: of every 100 in sales, about −31 is left after running the business.
- Planet Labs lost $247M in fiscal 2026.
- Free cash flow was $57.7M in fiscal 2026, 18.7% of revenue.
- Planet Labs returned $0.0M to shareholders in fiscal 2026, 0% of free cash flow. The diluted share count rose 5.4%.
- Planet Labs has $193M more cash than debt.
Market cap
$4.9B
P/E
—
Revenue
$308M
Net income
−$247M
Free cash flow
$57.7M
Operating margin
−30.9%
Planet Labs in 30 seconds · fiscal 2026
Are sales growing?
+25.9%
Yes. Sales grew 25.9% last year.
Does it make a profit?
−80.2%
No. It lost money last year.
Does profit turn into cash?
18.7%
Yes. 18.7% of sales ends up as free cash.
How healthy are the accounts?
3 / 9
Weak. It passes 3 of 9 health tests.
What Planet Labs does
No business description yet.
- Fiscal year ends
- January 31, 2026
- Latest annual report
- 10-K · Mar 23, 2026
- Legal name
- Planet Labs PBC
- CIK
- 0001836833
Planet Labs · PL
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $131M | $191M | $221M | $244M | $308M |
| Revenue growth | 15.9% | 45.8% | 15.4% | 10.7% | 25.9% |
| Gross margin | 36.8% | 49.2% | 51.2% | 57.2% | 56.1% |
| Operating margin | −97.6% | −91.9% | −76.9% | −47.5% | −30.9% |
| Net income | −$137M | −$162M | −$141M | −$123M | −$247M |
| Net margin | −104.5% | −84.7% | −63.7% | −50.4% | −80.2% |
| Diluted EPS | −$1.72 | −$0.61 | −$0.50 | −$0.42 | −$0.80 |
| Cash | |||||
| Cash from operations | −$42.2M | −$73.9M | −$50.7M | −$14.4M | $134M |
| Capital expenditure | $10.3M | $10.4M | $38.0M | $44.3M | $76.7M |
| Free cash flow | −$52.5M | −$84.4M | −$88.7M | −$58.7M | $57.7M |
| FCF margin | −40.0% | −44.1% | −40.2% | −24.0% | 18.7% |
| Dividends paid | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share buybacks | $0.0M | $0.0M | $0.0M | $0.0M | $0.0M |
| Share count change | 80.1% | 235.5% | 4.7% | 4.5% | 5.4% |
| Debt and strength | |||||
| Cash and short-term investments | $491M | $409M | $299M | $222M | $640M |
| Debt incl. finance leases | $0.0M | $0.0M | $0.0M | $0.0M | $447M |
| Shareholders' equity | $648M | $576M | $518M | $441M | $188M |
| Current ratio | 4.2x | 3.9x | 2.7x | 2.1x | 1.7x |
| Interest coverage | −14.6x | — | — | −139.6x | −27.7x |
| Returns and quality | |||||
| Return on capital | −70.6% | −85.5% | −69.4% | −41.9% | −70.1% |
| Return on equity | −36.3% | −26.5% | −25.7% | −25.7% | −78.4% |
| Piotroski F-score | — | 3 | 4 | 4 | 3 |
| Altman Z'' | 3.2 | 0.9 | −1.5 | −3.4 | −2.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$43.1M
8 insiders
Of sales under plans
70%
$30.2M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Planet Labs · PL
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Planet Labs PL | $4.9B | 25.9% | −30.9% | 18.7% | −70.1% | — | 3 |
| Intuitive Machines LUNR | $1.7B | −7.9% | −41.5% | −26.6% | — | — | 3 |
| Kratos Defense & Security So... KTOS | $7.7B | 18.5% | 1.9% | −10.2% | 1.2% | — | 4 |
| Joby Aviation JOBY | $4.5B | 39,183.1% | −1,346.9% | −1,055.3% | — | — | — |
| Hexcel HXL | $6.1B | −0.5% | 9.1% | 8.3% | 6.5% | 35.9x | 6 |
KIRA
At $13.76 a share, the company is worth $4.9B.
Planet Labs grew sales faster than 3 of its 4 similar companies.
Source: SEC EDGAR XBRL filings (CIK 0001836833). Data updated October 12, 2026. For information only — not investment advice. Check the original filings before relying on any figure.