Planet Labs PBC

Planet Labs PBC

PL · NYSE · Industrials / Aerospace & Defense

13.81USD-0.09 (-0.65%)

Price History

Full chart

Market Stats

Previous Close13.90
Open13.90
Day Range13.29 – 14.06
52-Week Range10.52 – 51.76
Volume5.70M
Market Cap6.34B
P/E (TTM)0.00
Forward P/E0.00
EPS-1.10
Dividend Yield0.00%
Beta2.11
50-Day Avg20.49
200-Day Avg27.30

About

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.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEODr. William Spencer Marshall
  • Employees945
  • Headquarters645 Harrison Street, San Francisco, CA, United States, 94107, USA
  • Websitehttps://www.planet.com

Leadership

  • Dr. William Spencer MarshallCo-Founder, CEO & Chairman of the Board · b. 1979
  • Ms. Ashley Whitfield Fieglein JohnsonPresident & CFO · b. 1972
  • Mr. Robert Henry Schingler Jr.Co-Founder, Chief Strategy Officer & Inside Director · b. 1979
  • Mr. Kevin KirnChief Product & Technology Officer
  • Mr. Christopher GenualdiVice President of Investor Relations
  • Mr. Thomas MurphyGeneral Counsel & Corporate Secretary
  • Mr. Trevor HammondChief Communications Officer
  • Ms. Katie PennSenior Vice President of Marketing
  • Mr. Tramayne WhitneyChief People Officer
  • Mr. Charlie CandyMD of UK & Chief Revenue Officer

Financials

Income Statement

Currency: USD2020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Revenue95.74M113.17M131.21M191.26M220.70M244.35M307.73M
Growth (%)-+18.21%+15.94%+45.76%+15.39%+10.72%+25.94%
Cost of Revenue102.39M87.38M82.99M97.25M107.75M104.63M135.24M
Gross Profit-6.66M25.79M48.22M94.01M112.95M139.72M172.49M
Gross Margin-6.95%22.78%36.75%49.15%51.18%57.18%56.05%
Operating Expense99.80M113.23M176.27M269.68M282.70M255.85M267.56M
Operating Income-106.46M-87.44M-128.05M-175.68M-169.75M-116.12M-95.07M
Operating Margin-111.20%-77.27%-97.59%-91.85%-76.91%-47.52%-30.90%
EBITDA-39.04M-54.38M-81.14M-117.79M-92.06M-57.07M-196.94M
EBITDA Margin-40.78%-48.06%-61.84%-61.59%-41.71%-23.36%-64.00%
Net Income-123.71M-127.10M-137.12M-161.97M-140.51M-123.20M-246.86M
Net Income Margin-129.22%-112.31%-104.51%-84.69%-63.67%-50.42%-80.22%
R&D37.87M43.83M66.68M110.92M116.34M101.01M106.75M
R&D as % of Total Revenue39.56%38.73%50.82%57.99%52.71%41.34%34.69%
Interest Expense6.95M9.45M8.77M6.55M0832.00K3.44M
Interest Expense % of Total Revenue7.26%8.35%6.69%3.43%0.00%0.34%1.12%

Balance Sheet

Currency: USD2020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Total Assets362.99M399.31M821.44M752.72M702.00M633.80M1.15B
Total Liabilities145.35M291.80M173.20M176.62M183.98M192.51M957.25M
Total Equity217.64M107.51M648.25M576.10M518.02M441.29M188.43M
Cash21.68M71.18M490.76M181.89M83.87M124.65M230.08M
Total Debt57.46M163.86M-22.03M24.93M21.61M462.48M
Net Debt35.78M92.67M-490.76M-159.86M-58.94M-103.03M232.40M

Cash Flow

Currency: USD2020-01-312021-01-312022-01-312023-01-312024-01-312025-01-312026-01-31
Operating Cash Flow-33.69M-4.03M-42.21M-73.93M-50.71M-14.37M134.36M
Investing Cash Flow-27.17M-30.80M-25.15M-242.26M-33.59M57.91M-393.12M
Financing Cash Flow8.73M83.94M489.18M7.86M-1.60M-15.54M357.05M
Capital Expenditure24.10M30.13M14.93M12.76M42.41M44.30M76.71M
Free Cash Flow-57.79M-34.15M-57.14M-86.69M-93.12M-58.67M57.65M
FCF to OCF171.54%848.10%135.37%117.26%183.63%408.17%42.90%

Earnings

Report DateJun 4, 2021Aug 16, 2021Dec 13, 2021Mar 31, 2022Jun 14, 2022Sep 12, 2022Dec 14, 2022Mar 29, 2023Jun 8, 2023Sep 7, 2023Dec 7, 2023Mar 28, 2024Jun 6, 2024Sep 5, 2024Dec 9, 2024Mar 26, 2025Jun 4, 2025Sep 8, 2025Dec 10, 2025Mar 19, 2026Jun 4, 2026Sep 3, 2026
EPS Estimate---0.09-0.14-0.13-0.11-0.11-0.16-0.10-0.08-0.08-0.06-0.06-0.06-0.04-0.02-0.04-0.05-0.04-0.05-0.04-0.18
EPS Actual-0.34-0.01-0.16-0.26-0.09-0.07-0.08-0.14-0.07-0.07-0.05-0.06-0.05-0.06-0.02-0.08-0.04-0.03-0.19-0.48-0.03-0.03
Surprise---77.78%-85.71%30.77%36.36%27.27%12.50%30.00%12.50%37.50%0.00%16.67%0.00%50.00%-243.35%-5.25%40.00%-378.50%-860.80%25.00%83.33%
TimingAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap6.34B
Enterprise Value5.59B
Trailing P/E0.00
Forward P/E0.00
Price / Sales16.77
Price / Book10.56
EPS-1.10
Book Value1.25
Revenue (TTM)378.28M
Gross Profit (TTM)209.89M
EBITDA-48.40M
Profit Margin-95.13%
Operating Margin-12.00%
Return on Equity-71.97%
Return on Assets-5.05%
Shares Outstanding340.35M
Shares Float302.16M
Beta2.11
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 11 analystsTarget 33.40
  • Strong Buy
    7
  • Buy
    2
  • Hold
    2

Ownership Breakdown

Institutions
83.06%
Insiders
1.27%
Retail / Other
15.67%

Top Institutional Holders

  • Alphabet Inc
    35.25M9.89%
  • BlackRock Inc
    25.47M7.15%
  • American Century Companies Inc
    14.40M4.04%
  • Vanguard Portfolio Management, LLC
    12.20M3.42%
  • Vanguard Capital Management, LLC
    12.19M3.42%
  • D. E. Shaw & Co LP
    9.75M2.73%
  • Van Eck Associates Corporation
    8.28M2.32%
  • Driehaus Capital Management LLC
    7.92M2.22%
  • State Street Corp
    6.88M1.93%
  • Two Sigma Investments LLC
    6.76M1.90%
  • Geode Capital Management, LLC
    6.56M1.84%
  • The Goldman Sachs Group Inc
    6.23M1.75%
  • Capricorn Investment Group LLC
    5.36M1.50%
  • AllianceBernstein L.P.
    4.04M1.13%
  • NORGES BANK
    3.71M1.04%

Top Fund Holders

  • American Century Ultra® Inv
    10.06M2.76%
  • Vanguard MStar Total Stk Mkt Idx Invest
    9.00M2.47%
  • Vanguard Small Cap Index
    6.51M1.79%
  • VanEck Defense ETF A USD Acc
    4.94M1.36%
  • VanEck Space Innovators ETF A USD Acc
    4.74M1.30%