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Planet Labs PBC logo

Planet Labs PBC

PL

NYSEIndustrialsAerospace & Defense

Open in GoAI

Previous close

$22.29

+$0.12 · +0.54%

Aug 21, 4:00 PM ET

Pre-market

$21.96

−$0.33 · -1.48%

Aug 24, 4:12 AM ET

PL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

52

Fair Value

Momentum

38

Weakening

Sentiment

48

Mixed

Risk resilience

27

High Risk

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Company profile

Company website

Planet Labs PBC is dedicated to the creation, deployment, and management of extensive satellite constellations. Its core mission is to provide frequent, worldwide geospatial data, which customers can access through a specialized online platform. The company's offerings include a proprietary, cloud-native technological solution, branded as "Open Geospatial Consortium," that meticulously processes and unifies imagery for temporal analysis and advanced data integration. Additionally, they furnish space-based equipment and complementary software systems. Planet Labs caters to a diverse clientele across sectors such as agriculture, cartography, forestry, and the finance and insurance industries, alongside federal, state, and municipal government bodies. The organization was established in 2010 and maintains its primary operational base in San Francisco, California.

Industry
Aerospace & Defense
Sector
Industrials
Headquarters
US
CEO
William Spencer Marshall
Listed since
Apr 26, 2021
Employees
973

Market position

Day range

Current $22.29

52-week range

Current $22.29

Open
$22.52
Previous close
$22.17
Volume
3.85M
0.36× average
Average volume
10.85M
Average daily volume
Market cap
7.42B USD
Beta
2.12
Market reference 1
50-day average
$25.3566
-12.09% below average
200-day average
$26.5904
-16.17% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
7.92B USD
P/E (TTM)
-19.48×
P/B (TTM)
17.36×
P/S (TTM)
22.11×
EV / EBITDA
-40.21×
Earnings yield
-3.21%
Free cash flow yield
0.75%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
55.51%
Operating margin
-31.94%
Net margin
-111.17%
Return on equity
-131.01%
Return on assets
-21.55%
Return on invested capital
-13.91%

Financial health

Debt / equity
1.1×
Current ratio
1.65×
Altman Z-score
3.57
Piotroski F-score
3 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends73%9%-56%-121%Gross margin, FY2022: 36.75%Gross margin, FY2023: 49.15%Gross margin, FY2024: 51.18%Gross margin, FY2025: 57.18%Gross margin, FY2026: 56.05%Operating margin, FY2022: -97.59%Operating margin, FY2023: -91.85%Operating margin, FY2024: -76.91%Operating margin, FY2025: -47.52%Operating margin, FY2026: -30.90%Net margin, FY2022: -104.51%Net margin, FY2023: -84.69%Net margin, FY2024: -63.67%Net margin, FY2025: -50.42%Net margin, FY2026: -80.22%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 36.75%. Gross margin FY2023 49.15%. Gross margin FY2024 51.18%. Gross margin FY2025 57.18%. Gross margin FY2026 56.05%. Operating margin FY2022 -97.59%. Operating margin FY2023 -91.85%. Operating margin FY2024 -76.91%. Operating margin FY2025 -47.52%. Operating margin FY2026 -30.90%. Net margin FY2022 -104.51%. Net margin FY2023 -84.69%. Net margin FY2024 -63.67%. Net margin FY2025 -50.42%. Net margin FY2026 -80.22%.

Income trends

Revenue

307.73M USD+25.94%

Operating income

−95.07M USD+18.13%

Net income

−246.86M USD-100.38%
Income trends across reported periods363.19M USD141.35M USD−80.48M USD−302.32M USDRevenue, FY2022: 131.21M USDRevenue, FY2023: 191.26M USDRevenue, FY2024: 220.7M USDRevenue, FY2025: 244.35M USDRevenue, FY2026: 307.73M USDOperating income, FY2022: −128.05M USDOperating income, FY2023: −175.68M USDOperating income, FY2024: −169.75M USDOperating income, FY2025: −116.12M USDOperating income, FY2026: −95.07M USDNet income, FY2022: −137.12M USDNet income, FY2023: −161.97M USDNet income, FY2024: −140.51M USDNet income, FY2025: −123.2M USDNet income, FY2026: −246.86M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 131.21M USD. Revenue FY2023 191.26M USD. Revenue FY2024 220.7M USD. Revenue FY2025 244.35M USD. Revenue FY2026 307.73M USD. Operating income FY2022 −128.05M USD. Operating income FY2023 −175.68M USD. Operating income FY2024 −169.75M USD. Operating income FY2025 −116.12M USD. Operating income FY2026 −95.07M USD. Net income FY2022 −137.12M USD. Net income FY2023 −161.97M USD. Net income FY2024 −140.51M USD. Net income FY2025 −123.2M USD. Net income FY2026 −246.86M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue307.73M USD244.35M USD220.7M USD191.26M USD131.21M USD
Cost of goods sold135.24M USD104.63M USD107.75M USD97.25M USD82.99M USD
Gross profit172.49M USD139.73M USD112.95M USD94.01M USD48.22M USD
Research and development106.75M USD101.01M USD116.34M USD110.92M USD66.68M USD
Selling, general, and administrative160.81M USD154.84M USD166.36M USD158.77M USD109.59M USD
Operating expenses267.56M USD255.85M USD282.7M USD269.68M USD176.27M USD
Interest income14.33M USD10.26M USD15.41M USD7.67M USD21K USD
Interest expense3.44M USD———8.77M USD
Depreciation and amortization41.83M USD45.64M USD47.64M USD43.33M USD45.1M USD
Operating income−95.07M USD−116.12M USD−169.75M USD−175.68M USD−128.05M USD
Net income−246.86M USD−123.2M USD−140.51M USD−161.97M USD−137.12M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

22 ratings
Strong buy00%
Buy1359%
Hold941%
Sell00%
Strong sell00%

PL news

zacks.com

Bet on These Space ETFs as Ukraine Dominates Russia in Orbital War

Space ETFs offer diversified exposure as Ukraine's orbital war highlights key space stocks and defense demand drives the sector's growth.

Read source
defenseworld.net

Bank of America Corp DE Has $19.45 Million Stock Holdings in Planet Labs PBC $PL

Bank of America Corp DE cut its holdings in shares of Planet Labs PBC (NYSE: PL) by 46.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission…

Read source
defenseworld.net

Planet Labs PBC (NYSE:PL) and Experian (OTCMKTS:EXPGF) Critical Contrast

Planet Labs PBC (NYSE: PL - Get Free Report) and Experian (OTCMKTS:EXPGF - Get Free Report) are both industrials companies, but which is the superior stock? We will contrast the two businesses based on the strength of…

Read source
seekingalpha.com

Planet Labs: What We Need To See From Q2 Earnings To Justify The Valuation

Planet Labs remains a Buy ahead of September 3rd earnings, despite a demanding 20x forward EV/sales multiple and a recent 50% share price pullback. PL's investment case hinges on accelerating revenue, expanding…

Read source
fool.com

Is Planet Labs The Cheapest Stock In The Space Economy?

Planet Labs' stock has plunged more than 50% from its all-time high. It's cheaper than its peers, but investors shouldn't ignore the red flags.

Read source
seekingalpha.com

Planet Labs: Long-Term Is Not Good, For Bears

Planet Labs earns a Buy rating as it transitions into a sovereign intelligence infrastructure provider with a defensible 10-year temporal data archive and agentic AI capabilities. PL's sticky, high-margin software model,…

Read source

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ETFs holding PL

Funds reporting this stock among their holdings, ordered by reported position size.

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
184.57M
Weight
0.01%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
Vanguard Morningstar Small-Cap ETF logoVanguard Morningstar Small-Cap ETFVB
Market value
133.26M
Weight
0.07%
AUM
183.4B USD
Expense ratio
0.03%
Price / 1D
$304.76+0.64%
Vanguard Morningstar Small-Cap Growth ETF logoVanguard Morningstar Small-Cap Growth ETFVBK
Market value
77.13M
Weight
0.17%
AUM
43.8B USD
Expense ratio
0.05%
Price / 1D
$358.65+0.70%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
69.08M
Weight
0.07%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
Global X - Defense Tech ETF logoGlobal X - Defense Tech ETFSHLD
Market value
64.8M
Weight
0.87%
AUM
7.42B USD
Expense ratio
0.50%
Price / 1D
$67.09-0.83%
Invesco Aerospace & Defense ETF logoInvesco Aerospace & Defense ETFPPA
Market value
52.38M
Weight
0.63%
AUM
8.26B USD
Expense ratio
0.58%
Price / 1D
$173.67-0.06%
iShares Russell Mid-Cap Growth ETF logoiShares Russell Mid-Cap Growth ETFIWP
Market value
35.81M
Weight
0.18%
AUM
20.62B USD
Expense ratio
0.23%
Price / 1D
$143.66+0.99%
Tema Space Innovators ETF logoTema Space Innovators ETFNASA
Market value
31.23M
Weight
2.76%
AUM
1.13B USD
Expense ratio
0.75%
Price / 1D
$24.64+1.32%

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