Planet Labs PBC's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jan 31, 2026 · FY), Planet Labs PBC reported revenue of $307.7M (+25.9% year on year) and net income of ($246.9M) (-100.4% year on year).
| Line item | Jan 31, 2026 · FY | Jan 31, 2025 · FY | Jan 31, 2024 · FY | Jan 31, 2023 · FY |
|---|---|---|---|---|
| Revenue | $307.7M | $244.4M | $220.7M | $191.3M |
| Cost of revenue | $135.2M | $104.6M | $107.7M | $97.2M |
| Gross profit | $172.5M | $139.7M | $113.0M | $94.0M |
| Research and development | $106.7M | $101.0M | $116.3M | $110.9M |
| Sales and marketing | $72.7M | $77.7M | $86.3M | $78.0M |
| General and administrative | $88.1M | $77.1M | $80.1M | $80.7M |
| Total operating expenses | $267.6M | $255.8M | $282.7M | $269.7M |
| Loss from operations | ($95.1M) | ($116.1M) | ($169.7M) | ($175.7M) |
| Interest income | $14.3M | $10.3M | $15.4M | $7.7M |
| Interest expense | ($3.4M) | — | $0 | $0 |
| Change in fair value of warrant liabilities | ($161.4M) | ($15.1M) | — | — |
| Other income (expense), net | $3.4M | $245.0K | $931.0K | $330.0K |
| Total other income (expense), net | ($147.1M) | ($4.6M) | $30.1M | $14.6M |
| Total loss before income taxes | ($242.2M) | ($120.7M) | ($139.7M) | ($161.1M) |
| Provision for income taxes | $4.7M | $2.5M | $815.0K | $847.0K |
| Net loss | ($246.9M) | ($123.2M) | ($140.5M) | ($162.0M) |
| Basic net loss per share attributable to common stockholders (in USD per share) | -$0.80 | -$0.42 | -$0.50 | -$0.61 |
| Diluted net loss per share attributable to common stockholders (in USD per share) | -$0.80 | -$0.42 | -$0.50 | -$0.61 |
| Basic weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares) | $307799424.00 | $292124291.00 | $279585698.00 | $267126918.00 |
| Diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares) | $307799424.00 | $292124291.00 | $279585698.00 | $267126918.00 |
| Line item | Jul 31, 2026 · Q2 | Apr 30, 2026 · Q1 | Oct 31, 2025 · Q3 | Jul 31, 2025 · Q2 |
|---|---|---|---|---|
| Revenue | $116.1M | $94.2M | $81.3M | $73.4M |
| Cost of revenue | $50.4M | $43.7M | $34.7M | $31.1M |
| Gross profit | $65.6M | $50.4M | $46.6M | $42.3M |
| Research and development | $35.2M | $33.4M | $27.3M | $24.2M |
| Sales and marketing | $21.5M | $22.8M | $18.8M | $17.6M |
| General and administrative | $22.5M | $29.1M | $18.8M | $18.5M |
| Total operating expenses | $79.1M | $85.3M | $64.9M | $60.2M |
| Loss from operations | ($13.5M) | ($34.9M) | ($18.3M) | ($18.0M) |
| Interest income | $6.4M | $5.2M | $4.4M | $2.2M |
| Interest expense | ($1.4M) | ($1.4M) | ($1.0M) | — |
| Change in fair value of warrant liabilities | $0 | ($106.5M) | ($43.5M) | ($5.7M) |
| Other income (expense), net | ($105.0K) | ($206.0K) | $18.0K | ($628.0K) |
| Total other income (expense), net | $4.9M | ($103.0M) | ($40.1M) | ($4.1M) |
| Loss before provision for income taxes | ($8.6M) | ($137.9M) | ($58.4M) | ($22.1M) |
| Provision for income taxes | $733.0K | $1.0M | $784.0K | $497.0K |
| Net Income | ($9.4M) | ($138.9M) | ($59.2M) | ($22.6M) |
| Basic and diluted net loss per share attributable to common stockholders - Basic | -$0.03 | -$0.40 | -$0.19 | -$0.07 |
| Basic and diluted net loss per share attributable to common stockholders - Diluted | -$0.03 | -$0.40 | -$0.19 | -$0.07 |
| Basic and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders - Basic | $359594052.00 | $345524328.00 | $309248247.00 | $304129204.00 |
| Diluted and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders - Diluted | $359594052.00 | $345524328.00 | $309248247.00 | $304129204.00 |
| Line item | Jan 31, 2026 · FY | Jan 31, 2025 · FY | Jan 31, 2024 · FY | Jan 31, 2023 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $229.4M | $118.0M | $83.9M | $181.9M |
| Restricted cash and cash equivalents, current | $642.0K | $6.6M | $8.4M | — |
| Short-term investments | $410.6M | $104.0M | $215.0M | $226.9M |
| Accounts receivable, net of allowance of $3 and $807, respectively | $83.5M | $55.8M | $43.3M | $39.0M |
| Inventories | $6.1M | — | — | — |
| Prepaid expenses and other current assets | $45.0M | $17.7M | $19.6M | $27.9M |
| Total current assets | $775.4M | $302.2M | $370.2M | $475.7M |
| Property and equipment, net | $150.6M | $121.7M | $113.4M | $108.1M |
| Capitalized internal-use software, net | $21.5M | $19.0M | $15.0M | $11.4M |
| Goodwill | $143.5M | $136.3M | $136.3M | $112.7M |
| Intangible assets, net | $26.6M | $27.5M | $32.4M | $14.8M |
| Restricted cash and cash equivalents, non-current | $5.5M | $5.3M | $10.0M | $5.7M |
| Operating lease right-of-use assets | $14.6M | $19.8M | $22.3M | $20.4M |
| Other non-current assets | $8.1M | $1.9M | $2.4M | $3.9M |
| Total assets | $1.1B | $633.8M | $702.0M | $752.7M |
| Accounts payable | $10.6M | $2.6M | $2.6M | $6.9M |
| Accrued and other current liabilities | $55.9M | $42.6M | $44.8M | $46.0M |
| Deferred revenue | $220.6M | $82.3M | $72.3M | $51.9M |
| Liability from early exercise of stock options | $1.8M | $5.4M | $9.0M | $12.6M |
| Operating lease liabilities, current | $7.3M | $9.2M | $8.0M | $4.9M |
| Public and private placement warrant liabilities | $173.3M | — | — | — |
| Total current liabilities | $469.5M | $142.1M | $136.6M | $122.3M |
| Deferred revenue | $27.5M | $11.2M | $5.3M | $2.9M |
| Deferred hosting costs | $4.0M | $5.4M | $7.1M | $8.7M |
| Public and private placement warrant liabilities | $0 | $18.1M | $3.0M | $16.7M |
| Operating lease liabilities, non-current | $8.3M | $12.4M | $17.0M | — |
| Contingent consideration | $0 | $2.9M | $5.9M | $7.5M |
| Convertible notes | $446.9M | — | — | — |
| Other non-current liabilities | $1.1M | $530.0K | $9.1M | $1.5M |
| Total liabilities | $957.3M | $192.5M | $184.0M | $176.6M |
| Common stock, $0.0001 par value, 570,000,000, 30,000,000 and 30,000,000 Class A, Class B and Class C shares authorized at January 31, 2026 and 2025, 312,421,506 and 278,937,702 Class A shares issued and outstanding at January 31, 2026 and 2025, respectively, 22,909,742 and 21,157,586 Class B shares issued and outstanding at January 31, 2026 and 2025, 0 Class C shares issued and outstanding at January 31, 2026 and 2025 | 34.0K | 28.0K | 28.0K | 27.0K |
| Additional paid-in capital | $1.6B | $1.6B | $1.6B | $1.5B |
| Accumulated other comprehensive income (loss) | $6.4M | ($1.1M) | $1.6M | $2.3M |
| Accumulated deficit | ($1.4B) | ($1.2B) | ($1.1B) | ($939.3M) |
| Total stockholders’ equity | $188.4M | $441.3M | $518.0M | $576.1M |
| Total liabilities and stockholders’ equity | $1.1B | $633.8M | $702.0M | $752.7M |
| Line item | Jul 31, 2026 | Apr 30, 2026 | Oct 31, 2025 | Jul 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $415.1M | $368.1M | $443.3M | $181.1M |
| Restricted cash and cash equivalents, current | $1.9M | $896.0K | $906.0K | $6.3M |
| Short-term investments | $450.3M | $362.7M | $234.0M | $90.5M |
| Accounts receivable, net of allowance of $0 and $3, respectively | $59.9M | $61.6M | $46.3M | $51.6M |
| Inventories | $8.9M | $9.3M | — | — |
| Prepaid expenses and other current assets | $62.8M | $46.3M | $29.6M | $26.0M |
| Total current assets | $998.8M | $849.0M | $754.1M | $355.5M |
| Property and equipment, net | $176.1M | $159.1M | $145.1M | $131.3M |
| Capitalized internal-use software, net | $22.1M | $21.0M | $21.1M | $20.6M |
| Goodwill | $142.7M | $143.1M | $139.0M | $138.6M |
| Intangible assets, net | $28.4M | $25.2M | $25.5M | $26.6M |
| Restricted cash and cash equivalents, non-current | $6.6M | $6.6M | $5.4M | $5.5M |
| Operating lease right-of-use assets | $48.9M | $39.5M | $13.9M | $16.1M |
| Other non-current assets | $7.4M | $7.9M | $2.0M | $2.2M |
| Total assets | $1.4B | $1.3B | $1.1B | $696.4M |
| Accounts payable | $10.4M | $9.0M | $3.4M | $11.1M |
| Accrued and other current liabilities | $56.1M | $58.5M | $28.7M | $32.4M |
| Deferred revenue | $281.2M | $230.7M | $145.9M | $148.0M |
| Liability from early exercise of stock options | $0 | $896.0K | $2.7M | $3.6M |
| Operating lease liabilities, current | $3.6M | $3.4M | $7.9M | $8.4M |
| Public and private placement warrant liabilities | $0 | $0 | $56.8M | $13.4M |
| Total current liabilities | $351.3M | $302.5M | $188.6M | $203.5M |
| Deferred revenue | $17.4M | $16.2M | $48.3M | $25.0M |
| Deferred hosting costs | $1.9M | $3.2M | $5.3M | $6.5M |
| Operating lease liabilities, non-current | $46.7M | $37.1M | $7.2M | $9.1M |
| Convertible notes | $448.3M | $447.6M | $446.2M | — |
| Other non-current liabilities | $1.1M | $1.1M | $477.0K | $438.0K |
| Total liabilities | $866.6M | $807.7M | $756.5M | $260.7M |
| Common stock, $0.0001 par value, 570,000,000, 30,000,000 and 30,000,000 Class A, Class B and Class C shares authorized at July 31, 2026 and January 31, 2026, 340,163,832 and 312,421,506 Class A shares issued and outstanding at July 31, 2026 and January 31, 2026, respectively, 21,157,586 Class B shares issued and outstanding at July 31, 2026 and January 31, 2026, 0 Class C shares issued and outstanding at July 31, 2026 and January 31, 2026 | 36.0K | 36.0K | 28.0K | 28.0K |
| Additional paid-in capital | $2.2B | $2.0B | $1.6B | $1.7B |
| Accumulated other comprehensive income | $3.4M | $4.9M | $4.5M | $3.9M |
| Accumulated deficit | ($1.6B) | ($1.6B) | ($1.3B) | ($1.2B) |
| Total stockholders’ equity | $564.4M | $443.7M | $349.6M | $435.7M |
| Total liabilities and stockholders’ equity | $1.4B | $1.3B | $1.1B | $696.4M |
| Line item | Jan 31, 2026 · FY | Jan 31, 2025 · FY | Jan 31, 2024 · FY | Jan 31, 2023 · FY |
|---|---|---|---|---|
| Net Income | ($246.9M) | ($123.2M) | ($140.5M) | ($162.0M) |
| Depreciation and amortization | $41.8M | $45.6M | $47.6M | $43.3M |
| Stock-based compensation, net of capitalized cost of $2,605, $2,339 and $2,344, respectively | $55.0M | $48.5M | $57.1M | $75.5M |
| Change in fair value of warrant liabilities | $161.4M | $15.1M | — | — |
| Change in fair value of contingent consideration | $465.0K | $3.4M | ($741.0K) | — |
| Other | $1.2M | ($920.0K) | ($4.3M) | $52.0K |
| Accounts receivable | ($30.2M) | ($12.0M) | ($2.7M) | $6.3M |
| Inventories | ($609.0K) | — | — | — |
| Prepaid expenses and other assets | ($11.1M) | $8.4M | $10.5M | ($10.1M) |
| Accounts payable, accrued and other liabilities | $13.8M | ($13.3M) | ($25.0M) | ($3.0M) |
| Deferred revenue | $151.1M | $15.6M | $22.2M | ($14.4M) |
| Deferred hosting costs | ($1.6M) | ($1.6M) | ($1.3M) | ($2.7M) |
| Net cash provided by (used in) operating activities | $134.4M | ($14.4M) | ($50.7M) | ($73.9M) |
| Purchases of property and equipment | ($76.7M) | ($44.3M) | ($38.0M) | ($10.4M) |
| Capitalized internal-use software | ($4.8M) | ($5.3M) | ($4.4M) | ($2.3M) |
| Maturities of available-for-sale securities | $90.0M | $61.4M | $161.3M | $55.2M |
| Sales of available-for-sale securities | $33.2M | $192.5M | $45.6M | — |
| Purchases of available-for-sale securities | ($428.0M) | ($140.2M) | ($189.1M) | ($280.3M) |
| Business acquisition, net of cash acquired | ($5.4M) | ($1.1M) | ($7.5M) | ($3.8M) |
| Purchases of licensed imagery intangible assets | ($1.5M) | ($4.8M) | — | — |
| Other | $0 | ($300.0K) | ($1.4M) | ($557.0K) |
| Net cash provided by (used in) investing activities | ($393.1M) | $57.9M | ($33.6M) | ($242.3M) |
| Proceeds from the exercise of common stock options | $27.7M | $4.4M | $7.4M | $14.7M |
| Payments for withholding taxes related to the net share settlement of equity awards | ($72.7M) | ($11.9M) | ($9.0M) | ($6.3M) |
| Proceeds from employee stock purchase program | $2.8M | $1.5M | — | — |
| Payments of contingent consideration for business acquisitions | ($4.0M) | ($8.8M) | — | — |
| Payment of indemnification holdback for business acquisition | ($5.0M) | — | — | — |
| Proceeds from issuance of convertible notes, net of discount | $448.8M | — | — | — |
| Payment of debt issuance costs | ($2.9M) | — | — | — |
| Proceeds from the exercise of warrants | $4.8M | — | — | — |
| Purchase of capped call transactions | ($39.6M) | — | — | — |
| Other | ($2.8M) | ($738.0K) | ($15.0K) | ($504.0K) |
| Net cash provided by (used in) financing activities | $357.1M | ($15.5M) | ($1.6M) | $7.9M |
| Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents | $7.3M | ($201.0K) | $17.0K | ($402.0K) |
| Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalent | $105.6M | $27.8M | ($85.9M) | ($308.7M) |
| Cash and cash equivalents, and restricted cash and cash equivalents at the beginning of the period | $130.0M | $102.2M | $188.1M | $496.8M |
| Cash and cash equivalents, and restricted cash and cash equivalents at the end of the period | $235.6M | $130.0M | $102.2M | $188.1M |
| Contingent consideration for business acquisition | $0 | $0 | $5.8M | $8.0M |
| Issuance of Class A common stock for business acquisition | $0 | $0 | $21.6M | $0 |
| Transfers from property and equipment, net to inventories, net | $5.5M | — | — | — |
| Accrued purchase of property and equipment | $5.0M | $718.0K | $1.4M | $51.0K |
| Line item | Jul 31, 2026 · YTD | Apr 30, 2026 · Q1 | Oct 31, 2025 · YTD | Jul 31, 2025 · YTD |
|---|---|---|---|---|
| Net Income | ($148.2M) | ($138.9M) | ($94.4M) | ($35.2M) |
| Depreciation and amortization | $22.0M | $11.2M | $31.6M | $21.7M |
| Stock-based compensation, net of capitalized cost of $1,352 and $1,318, respectively | $33.5M | $16.5M | $39.5M | $26.0M |
| Change in fair value of warrant liabilities | $106.5M | $106.5M | $38.8M | ($4.7M) |
| Change in fair value of contingent consideration | $0 | $0 | $2.1M | $676.0K |
| Other | $262.0K | ($331.0K) | $1.8M | $1.5M |
| Accounts receivable | $23.9M | $22.5M | $7.3M | $2.4M |
| Inventories | ($552.0K) | ($731.0K) | — | — |
| Prepaid expenses and other assets | ($11.5M) | ($3.4M) | $1.1M | $272.0K |
| Accounts payable, accrued and other liabilities | ($2.5M) | $4.1M | ($10.3M) | ($4.3M) |
| Deferred revenue | $47.1M | ($1.1M) | $96.6M | $75.8M |
| Deferred hosting costs | ($2.1M) | ($797.0K) | ($272.0K) | $1.0M |
| Net cash provided by operating activities | $68.4M | $15.4M | $113.7M | $85.1M |
| Purchases of property and equipment | ($44.7M) | ($17.3M) | ($55.1M) | ($28.4M) |
| Capitalized internal-use software | ($2.4M) | ($647.0K) | ($3.4M) | ($2.4M) |
| Maturities of available-for-sale securities | $113.0M | $37.5M | $45.0M | $27.1M |
| Sales of available-for-sale securities | $56.5M | $44.5M | $33.1M | $9.3M |
| Purchases of available-for-sale securities | ($208.5M) | ($33.4M) | ($207.1M) | ($22.4M) |
| Purchases of licensed imagery intangible assets | ($535.0K) | ($274.0K) | ($1.2M) | ($892.0K) |
| Other | ($350.0K) | — | $0 | $0 |
| Net cash used in investing activities | ($87.0M) | $30.4M | ($188.7M) | ($17.7M) |
| Proceeds from the exercise of common stock options | $4.4M | $3.6M | $19.9M | $8.5M |
| Payments for withholding taxes related to the net share settlement of equity awards | ($26.0M) | ($17.3M) | ($28.3M) | ($12.4M) |
| Proceeds from employee stock purchase program | $2.6M | $1.3M | $1.9M | $1.2M |
| Payments of contingent consideration for business acquisitions | $0 | $0 | ($4.0M) | ($4.8M) |
| Proceeds from the exercise of warrants | $107.8M | $107.8M | $64.0K | — |
| Proceeds from ATM Equity Offering | $122.4M | — | — | — |
| Issuance costs related to ATM Equity Offering | ($2.0M) | — | — | — |
| Other | ($138.0K) | ($138.0K) | ($2.7M) | ($2.5M) |
| Net cash provided by (used in) financing activities | $209.0M | $95.2M | $388.1M | ($10.2M) |
| Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents | ($2.3M) | ($1.0M) | $6.5M | $5.7M |
| Net increase in cash and cash equivalents, and restricted cash and cash equivalents | $188.1M | $140.0M | $319.6M | $62.9M |
| Cash and cash equivalents, and restricted cash and cash equivalents at the beginning of the period | $235.6M | $235.6M | $130.0M | $130.0M |
| Cash and cash equivalents, and restricted cash and cash equivalents at the end of the period | $423.6M | $375.6M | $449.6M | $192.9M |
Planet Labs PBC score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.