Saturday 17 October 2026
Export PL’s income statement to Excel — free account
Planet Labs PBC
PL Industrials Aerospace & Defense
Planet Labs PBC’s revenue for fiscal 2026 (year ended January 2026) was $307.7 million, up 25.9% from fiscal 2025. In the quarter to July 2026, revenue grew 58.1%, EPS grew 57.1% and free cash flow fell 48.6%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
13.49
1.05
−7.22%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to January
| Group | Line | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Trend | 2027e | 2028e | 2029e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | 5.81 | 3.70 | 2.04 | 1.67 | 2.79 | 13.33 |
Analyst estimates 2027–2029 Powerpack |
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| High | — | — | — | — | 12.15 | 7.52 | 5.18 | 4.99 | 20.99 | 51.76 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | 2 | — | 800 | 1,100 | 1,180 | 970 | 1,000 | ||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.16 | 0.17 | 0.19 | 0.25 | 0.31 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | 96 | 113 | 131 | 191 | 221 | 244 | 308 | ||||
| Gross margin, % | — | — | — | (6.95) | 22.78 | 36.75 | 49.15 | 51.18 | 57.18 | 56.05 | |||||
| EBT | — | — | — | 0 | (126) | (135) | (161) | (140) | (121) | (242) | |||||
| EBT margin, % | — | — | — | 0.00 | (111.37) | (102.90) | (84.24) | (63.30) | (49.41) | (78.71) | |||||
| Net income | — | 0 | — | 0 | (127) | (137) | (162) | (141) | (123) | (247) | |||||
| Depreciation | — | — | — | 79 | 65 | 48 | 43 | 48 | 46 | 42 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | 0.00 | 2.56 | 1.65 | 0.72 | 0.79 | 0.84 | 1.00 | ||||
| Earnings | — | — | — | 0.00 | (2.87) | (1.72) | (0.61) | (0.50) | (0.42) | (0.80) | |||||
| Cash flow | — | — | — | 0.00 | (0.09) | (0.53) | (0.28) | (0.18) | (0.05) | 0.44 | |||||
| Capex | — | — | — | 0.00 | (0.68) | (0.19) | (0.05) | (0.15) | (0.17) | (0.26) | |||||
| Free cash flow | — | — | — | 0.00 | (0.77) | (0.72) | (0.32) | (0.33) | (0.22) | 0.17 | |||||
| Book value | — | — | — | 0.00 | 2.43 | 8.14 | 2.16 | 1.85 | 1.51 | 0.61 | |||||
| Shares, m | — | — | — | 8 | 44 | 80 | 267 | 280 | 292 | 308 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
| P/S | — | — | — | 0.00 | 0.00 | 3.70 | 6.91 | 2.86 | 7.29 | 22.86 | |||||
| P/B | — | — | — | 15.40 | 15.40 | 0.75 | 2.30 | 1.22 | 4.04 | 37.33 | |||||
| EV/Sales | — | — | — | 0.00 | 0.00 | 1.21 | 5.63 | 2.21 | 7.03 | 22.25 | |||||
| EV/FCF | — | — | — | (6.32) | (6.32) | (1.99) | (12.42) | (5.25) | (26.83) | 129.53 | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 0 | (4) | (42) | (74) | (51) | (14) | 134 | ||||
| Capex | — | — | — | (24) | (30) | (15) | (13) | (42) | (50) | (81) | |||||
| Free cash flow | — | — | — | 0 | (34) | (57) | (87) | (93) | (64) | 53 | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | 0 | 17 | 419 | 353 | 234 | 160 | 306 | ||||
| Total debt | — | — | — | — | 164 | — | — | — | — | 447 | |||||
| Net debt | — | — | — | — | 93 | (491) | (409) | (307) | (229) | (194) | |||||
| Shareholders’ equity | — | — | — | 0 | 108 | 648 | 576 | 518 | 441 | 188 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | (3.26) | (63.65) | (22.47) | (20.58) | (19.32) | (18.45) | (27.75) | ||||
| ROIC | — | — | — | (3.71) | (27.30) | (50.82) | (65.82) | (50.34) | (34.14) | 0.00 | |||||
| ROE | — | — | — | 0.00 | (236.42) | (36.29) | (26.46) | (25.68) | (25.68) | (78.40) | |||||
Negative figures in brackets.
Fiscal years to Jan 2026 · latest quarter Jul 2026
Charts ten years each
Planet Labs PBC vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| SARO StandardAero, Inc. | $7.0B | 21.5× | 21.8× | +4.63% (above 0%: growing) | +42.86% (above 0%: growing) | +263.74% (above 0%: growing) | 16.80% | 10.53% | Compare |
| HXL Hexcel Corporation | $6.8B | 45.1× | 40.7× | +8.04% (above 0%: growing) | +282.35% (above 0%: growing) | +625.00% (above 0%: growing) | 26.09% | 13.72% | Compare |
| AVAV AeroVironment, Inc. | $6.3B | — (loss-making) | 172× | +5.68% (above 0%: growing) | n/m | +76.92% (above 0%: growing) | 25.93% | (2.26%) | Compare |
| LOAR Loar Holdings Inc. | $5.9B | 86.4× | 111× | +39.36% (above 0%: growing) | 0.00% | +31.01% (above 0%: growing) | 53.15% | 24.39% | Compare |
| PL Planet Labs PBC | $5.3B | — (loss-making) | — (loss-making) | +58.14% (above 0%: growing) | n/m | −48.55% (below 0%: shrinking) | 56.55% | (11.64%) | |
| MRCY Mercury Systems Inc | $4.7B | — (loss-making) | 239× | +6.11% (above 0%: growing) | −94.79% (below 0%: shrinking) | −15.93% (below 0%: shrinking) | 30.57% | 4.99% | Compare |
| VSEC VSE Corporation | $4.5B | 51.8× | 43.0× | +65.04% (above 0%: growing) | +513.33% (above 0%: growing) | +217.04% (above 0%: growing) | 17.02% | 10.90% | Compare |
| KRMN Karman Holdings Inc. | $4.5B | 120× | 108× | +58.18% (above 0%: growing) | +120.00% (above 0%: growing) | +17.67% (above 0%: growing) | 42.97% | 19.13% | Compare |
| BETA BETA Technologies, Inc. | $4.4B | — (loss-making) | — (loss-making) | +145.69% (above 0%: growing) | n/m | −87.68% (below 0%: shrinking) | 54.72% | (1,078.71%) | Compare |
| Median of peers | $5.3B | 51.8× | 108× | +23.70% | +81.43% | +53.97% | 28.33% | 10.72% |
Planet Labs PBC (PL) key facts
- Strength: Planet Labs PBC’s revenue for fiscal 2026 (year ended January 2026) was $307.7 million, up 25.9% from fiscal 2025.
- Planet Labs PBC (PL) is an Aerospace & Defense company in the Industrials sector, listed on the New York Stock Exchange.
- As of October 16, 2026, PL traded at $13.49, a market capitalization of $5.3 billion.
- Return on equity was −78.4% and debt-to-equity 0.79.
- Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 3.36 (safe zone) for fiscal 2026.