Jul 2026 (Q2 FY27) — Sep 3, 2026
Planet Labs PBC Q2 FY27 — Record Revenue and Strong Satellite Services Pipeline
Read the full callPlanet Labs PBC (PL) earnings
- Jul 2026
- Jul 2026 (Q2 FY27)
- Jan 2026
Planet Labs PBC earnings: last reported Thu, 3 Sep 2026, for the quarter ended Jul 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 116 | +58.1% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | -11.6 | +12.8 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | -9.4 | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Price
$13.59 +0.22% · +$0.03
Performance +3.7% 1Y
1Y: $13.11 on 17 Oct 2025 → $13.59. High $51.4 (28 May 2026), low $11.16 (21 Nov 2025).
- Previous close
- $13.56
- 52-week range
- $11.16 – $51.4
- One year
- +0.22%
Overview
- Symbol
- PL
- Sector
- Industrials
- Exchange
- US
- Currency
- USD
Call summaries
Apr 2026 (Q1 FY27) — Jun 4, 2026
Planet Labs PBC Q1 FY27 — Record Revenue and Strong Defense & Intelligence Growth
Read the full callJan 2026 (Q4 FY26) — Mar 19, 2026
Planet Labs PBC Q4 FY26 — Record Revenue, Profitability, and Strong Backlog
Read the full callEvery analysed call
Planet Labs PBC earnings calls (PL)
Financials
What the filings say
Net profit, year on year: +59% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 61 | 62 | 66 | 73 | 81 | 87 | 94 | 116 |
| Operating profit | -23 | -19 | -23 | -18 | -18 | -36 | -35 | -14 |
| Operating margin | −36.9% | −31.5% | −34.4% | −24.5% | −22.6% | −41.5% | −37.1% | −11.6% |
| Other income | 3 | -15 | 11 | -4 | -40 | -114 | -103 | 5 |
| Interest | 0 | 0 | 0 | 0 | 1 | — | 1 | 1 |
| Profit before tax | -20 | -34 | -12 | -22 | -58 | -150 | -138 | -9 |
| Tax rate | −0.1% | −3.2% | −7.9% | −2.3% | −1.3% | −1.6% | −0.7% | −8.5% |
| Net profit | -20 | -35 | -13 | -23 | -59 | -152 | -139 | -9 |
| EPS ($ per share) | -0.07 | — | -0.04 | -0.07 | -0.19 | — | -0.40 | -0.03 |
| Line item | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Equity capital | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | — | -640 | -777 | -939 | -1,080 | -1,203 | -1,450 |
| Total liabilities | — | 292 | 173 | 177 | 184 | 193 | 957 |
| Fixed assets | — | 160 | 133 | 108 | 113 | 122 | 151 |
| Total assets | — | 399 | 821 | 753 | 702 | 634 | 1,146 |
| Line item | Jan 2020 | Jan 2021 | Jan 2022 | Jan 2023 | Jan 2024 | Jan 2025 | Jan 2026 |
|---|---|---|---|---|---|---|---|
| Cash from operations | -34 | -4 | -42 | -74 | -51 | -14 | 134 |
| Cash from investing | -27 | -31 | -25 | -242 | -34 | 58 | -393 |
| Cash from financing | 9 | 84 | 489 | 8 | -2 | -16 | 357 |
| Net cash flow | -52 | 49 | 420 | -309 | -86 | 28 | 106 |
| Capital expenditure | -17 | -26 | -10 | -10 | -38 | -44 | -77 |
| Free cash flow | -50 | -30 | -53 | -84 | -89 | -59 | 58 |
PL revenue by segment
| Segment | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|
| Reportable | 100% | 100% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
PL operating KPIs by quarter
| KPI | Jan 2026 Q4 FY26 | Apr 2026 Q1 FY27 | Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|---|
| Backlog | $900M+End-of-period backlog was over $900 million, approximately 79% growth year-on-year, providing us with excellent visibility to accelerating our revenue growth for the coming fiscal year.Source: earnings call transcript | ~$906MEnd-of-period backlog was approximately $906 million, equating to approximately 72% growth year-on-year.Source: earnings call transcript | ~$815MWe estimate our backlog, which includes contracts with the termination for convenience clause, to be approximately $815 million, up approximately 11% year-over-year.Source: earnings call transcript | — |
| Recurring ACV percentage | 98%Recurring ACV was 98% of our end-of-period ACV book of business, reflecting our continued focus on selling subscription data contracts and solutions as opposed to onetime professional or engineering services.Source: earnings call transcript | 99%Recurring ACV was 99% of our end-of-period ACV book of business, reflecting our continued focus on selling subscription data contracts and solutions as opposed to onetime professional or engineering services.Source: earnings call transcript | 98%Recurring ACV was 98% of our end-of-period ACV book of business, reflecting our continued focus on selling subscription data contracts and solutions as opposed to onetime professional or engineering services.Source: earnings call transcript | -1 pt |
| Annual or multiyear contracts percentage of ACV | ~85%Approximately 85% of our end-of-period ACV book of business consists of annual or multiyear contracts, lower than prior periods as we have seen a higher proportion of large shorter-term government contracts signed in recent quarters.Source: earnings call transcript | ~92%Approximately 92% of our end-of-period ACV book of business consists of annual or multiyear contracts.Source: earnings call transcript | ~94%Approximately 94% of our end-of-period ACV book of business consists of annual or multiyear contracts.Source: earnings call transcript | — |
| Net dollar retention rate | 116%Net dollar retention rate at the end of fiscal year '26 was 116% and net dollar retention rate with win backs was 118%.Source: earnings call transcript | 113%Net dollar retention rate at the end of the first quarter was 113%, and net dollar retention rate with win backs was 114%.Source: earnings call transcript | 109%Net dollar retention rate on ACV at the end of the second quarter was 109% and net dollar retention rate with win backs was 110%.Source: earnings call transcript | -4 pt |
| Net dollar retention rate with winbacks | 118%Net dollar retention rate at the end of fiscal year '26 was 116% and net dollar retention rate with win backs was 118%.Source: earnings call transcript | 114%Net dollar retention rate at the end of the first quarter was 113%, and net dollar retention rate with win backs was 114%.Source: earnings call transcript | 110%Net dollar retention rate on ACV at the end of the second quarter was 109% and net dollar retention rate with win backs was 110%.Source: earnings call transcript | -4 pt |
| Remaining performance obligations | ~$852.4MAt the end of FY '26, our remaining performance obligations or RPOs were approximately $852.4 million, up about 106% year-over-year, of which approximately 34% apply to the next 12 months and 65% to the next 24 months.Source: earnings call transcript | ~$816MAt the end of Q1, our remaining performance obligations or RPOs were approximately $816 million, up over 80% year-over-year, of which approximately 35% apply to the next 12 months and 66% to the next 24 months.Source: earnings call transcript | ~$753MAt the end of Q2, our remaining performance obligations or RPOs were approximately $753 million, up approximately 9% year-over-year of which approximately 46% apply to the next 12 months and 68% to the next 24 months.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2027 · share of revenue
- EMEA 48%
- North America 34%
- Asia Pacific and Japan 16%
- Latin America 2%
As PL cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
105 filings between Nov 3, 2025 and Oct 15, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$43.15M
25 sales by 8 insiders
72% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 19
- Award — granted as compensation
- 15
- Option exercise — converted options into shares
- 25
- Tax withheld — shares kept back by the company to cover tax
Also filed: 16 other filings, 5 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Marshall William Spencer | — | $16.07M | Jul 10, 2026 |
| Johnson Ashley F. | — | $14.47M | Sep 17, 2026 |
| Schingler Robert H | — | $7.22M | Sep 17, 2026 |
| Robinson Kristen | — | $2.78M | Oct 15, 2026 |
| Brennan Ita M | — | $1.80M | Oct 1, 2026 |
| Gadde Vijaya | — | $535.4K | Jan 22, 2026 |
| Raymond John w | — | $268.8K | Oct 13, 2026 |
| SMITH GARY B | — | $254 | Nov 11, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 15, 2026 | Robinson Kristen Director | Sale 10b5-1 plan | 40,000 | $565.6K |
| Oct 13, 2026 | Raymond John w Director | Sale 10b5-1 plan | 6,494 | $98.9K |
| Oct 1, 2026 | Brennan Ita M Director | Sale 10b5-1 plan | 11,500 | $187.5K |
| Sep 18, 2026 | Marshall William Spencer Co-Founder and CEO | Gift | 80,000 | $0 |
| Sep 17, 2026 | Johnson Ashley F. President & CFO | Sale 10b5-1 plan | 55,663 | $944.3K |
| Sep 17, 2026 | Johnson Ashley F. President & CFO | Other 10b5-1 plan | 72,096 | $0 |
| Sep 17, 2026 | Johnson Ashley F. President & CFO | Other 10b5-1 plan | 72,096 | $0 |
| Sep 17, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Sale 10b5-1 plan | 52,240 | $886.2K |
| Sep 17, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Other 10b5-1 plan | 52,240 | $0 |
| Sep 17, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Other 10b5-1 plan | 52,240 | $0 |
| Sep 15, 2026 | Johnson Ashley F. President & CFO | Tax withheld 10b5-1 plan | 3,071 | $49.2K |
| Sep 15, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Tax withheld 10b5-1 plan | 54,117 | $867.0K |
| Sep 15, 2026 | Marshall William Spencer Co-Founder and CEO | Tax withheld | 134,642 | $2.16M |
| Sep 15, 2026 | Johnson Ashley F. President & CFO | Award 10b5-1 plan | 5,588 | $0 |
| Sep 15, 2026 | Johnson Ashley F. President & CFO | Tax withheld 10b5-1 plan | 84,873 | $1.36M |
| Aug 5, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Gift 10b5-1 plan | 55,000 | $0 |
| Jul 23, 2026 | Johnson Ashley F. President & CFO | Other 10b5-1 plan | 70,767 | $0 |
| Jul 23, 2026 | Johnson Ashley F. President & CFO | Other 10b5-1 plan | 70,767 | $0 |
| Jul 23, 2026 | Johnson Ashley F. President & CFO | Sale 10b5-1 plan | 34,993 | $772.7K |
| Jul 23, 2026 | Johnson Ashley F. President & CFO | Sale 10b5-1 plan | 75,035 | $1.66M |
| Jul 15, 2026 | Robinson Kristen Director | Other 10b5-1 plan | 37,107 | $0 |
| Jul 15, 2026 | Robinson Kristen Director | Other 10b5-1 plan | 37,107 | $0 |
| Jul 15, 2026 | Robinson Kristen Director | Sale 10b5-1 plan | 37,107 | $929.6K |
| Jul 13, 2026 | Raymond John w Director | Other 10b5-1 plan | 43,608 | $0 |
| Jul 13, 2026 | Raymond John w Director | Sale 10b5-1 plan | 6,494 | $169.9K |
| Jul 13, 2026 | Raymond John w Director | Other 10b5-1 plan | 43,608 | $0 |
| Jul 10, 2026 | Marshall William Spencer Co-Founder and CEO | Sale 10b5-1 plan | 200,000 | $5.18M |
| Jul 10, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Sale 10b5-1 plan | 64,593 | $1.67M |
| Jul 10, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Sale 10b5-1 plan | 25,000 | $648.0K |
| Jul 9, 2026 | Raymond John w Director | Award | 6,479 | $0 |
| Jul 9, 2026 | SMITH GARY B Director | Award | 2,160 | $0 |
| Jul 9, 2026 | BASS CARL Director | Award | 6,479 | $0 |
| Jul 9, 2026 | SMITH GARY B Director | Award | 6,479 | $0 |
| Jul 9, 2026 | Reese Scott Director | Award | 2,160 | $0 |
| Jul 9, 2026 | Reese Scott Director | Award | 6,479 | $0 |
| Jul 9, 2026 | Brennan Ita M Director | Award | 2,736 | $0 |
| Jul 9, 2026 | Brennan Ita M Director | Award | 6,479 | $0 |
| Jul 9, 2026 | Gadde Vijaya Director | Award | 6,479 | $0 |
| Jul 9, 2026 | BASS CARL Director | Award | 2,880 | $0 |
| Jul 9, 2026 | Robinson Kristen Director | Award | 6,479 | $0 |
| Jul 1, 2026 | Brennan Ita M Director | Sale 10b5-1 plan | 11,500 | $379.5K |
| Jun 15, 2026 | Johnson Ashley F. President & CFO | Tax withheld | 91,530 | $2.80M |
| Jun 15, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Tax withheld | 54,116 | $1.65M |
| Jun 15, 2026 | Marshall William Spencer Co-Founder and CEO | Tax withheld | 134,641 | $4.12M |
| Apr 22, 2026 | Marshall William Spencer Co-Founder and CEO | Gift | 155,000 | $0 |
| Apr 22, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Gift | 55,000 | $0 |
| Apr 15, 2026 | Brennan Ita M Director | Sale 10b5-1 plan | 36,500 | $1.24M |
| Apr 6, 2026 | Marshall William Spencer Co-Founder and CEO | Sale 10b5-1 plan | 200,000 | $7.01M |
| Apr 6, 2026 | Schingler Robert H Co-Founder Chief Strategy Off. | Sale 10b5-1 plan | 73,683 | $2.58M |
| Apr 6, 2026 | Johnson Ashley F. President & CFO | Other | 525,708 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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