Planet Labs PBC
Income Statement
| Line Item | Jul 2026 | Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $116.1M | $94.2M | $86.8M | $81.3M | $73.4M | $66.3M | $61.6M | $61.3M |
| Cost of Revenue | $50.4M | $43.7M | $39.8M | $34.7M | $31.1M | $29.7M | $23.3M | $23.7M |
| Gross Profit | $65.6M | $50.4M | $47.0M | $46.6M | $42.3M | $36.6M | $38.2M | $37.5M |
| Gross Margin | 56.6% | 53.5% | 54.2% | 57.3% | 57.6% | 55.2% | 62.1% | 61.2% |
| Operating Expenses | ||||||||
| Research & Development | $35.2M | $33.4M | $32.2M | $27.3M | $24.2M | $23.1M | $23.0M | $25.2M |
| SG&A Expense | $22.5M | $29.1M | $30.8M | $18.8M | $18.5M | $20.0M | $18.9M | $18.1M |
| Operating Income | $-13.5M | $-34.9M | $-36.0M | $-18.3M | $-18.0M | $-22.8M | $-19.4M | $-22.6M |
| Operating Margin | -11.6% | -37.1% | -41.5% | -22.6% | -24.5% | -34.4% | -31.5% | -36.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-8.6M | $-137.9M | $-150.0M | $-58.4M | $-22.1M | $-11.7M | $-34.1M | $-20.1M |
| Income Tax Expense | $733.0K | $1.0M | $2.4M | $784.0K | $497.0K | $928.0K | $1.1M | $25.0K |
| Net Income | $-9.4M | $-138.9M | $-152.5M | $-59.2M | $-22.6M | $-12.6M | $-35.2M | $-20.1M |
| Net Margin | -8.1% | -147.5% | -175.6% | -72.8% | -30.8% | -19.1% | -57.1% | -32.8% |
| EPS (Basic) | $-0.03 | $-0.40 | $-0.50 | $-0.19 | $-0.07 | $-0.04 | $-0.12 | $-0.07 |
| EPS (Diluted) | $-0.03 | $-0.40 | $-0.50 | $-0.19 | $-0.07 | $-0.04 | $-0.12 | $-0.07 |
| Shares Outstanding (Basic) | 359.6M | 345.5M | 307.8M | 309.2M | 304.1M | 300.3M | 292.1M | 293.3M |
| Shares Outstanding (Diluted) | 359.6M | 345.5M | 307.8M | 309.2M | 304.1M | 300.3M | 292.1M | 293.3M |
| Dividends Per Share | — | — | — | — | — | — | — | — |