Planet Labs PBC (PLWT) Financial Statements (2026 and earlier)

Company Profile

Business Address 645 HARRISON STREET
SAN FRANCISCO, CA 94107
State of Incorp. DE
Fiscal Year End January 31
Industry (SIC) 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

4/30/2026
MRQ
1/31/2026
1/31/2025
1/31/2024
1/31/2023
1/31/2022
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments640,090222,075298,907408,760490,762
Cash and cash equivalent229,441118,04883,866181,892490,762
Short-term investments410,649104,027215,041226,868 
Restricted cash and investments6426,5988,360527309
Receivables83,52855,83343,32038,95244,373
Inventory, net of allowances, customer advances and progress billings6,118    
Inventory6,118    
Prepaid expense     13,555
Capitalized contract cost1,9131,9822,2962,4051,375
Deposits current assets     846
Other undisclosed current assets43,07115,73717,26825,011300
Total current assets:775,362302,225370,151475,655551,520
Noncurrent Assets
Operating lease, right-of-use asset14,58819,75222,33920,403 
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization150,573121,749113,429108,091133,280
Intangible asset, including goodwill, after accumulated amortization170,085163,801168,704127,579117,416
Goodwill143,452136,349136,256112,748103,219
Intangible asset, excluding goodwill, after accumulated amortization26,63327,45232,44814,83114,197
Capitalized contract cost, net2,4091,7211,5782,206 
Restricted cash and investments5,4715,3489,9725,6575,743
Other noncurrent assets8,1321,9472,4293,9212,714
Other undisclosed noncurrent assets19,06617,25313,3959,21110,768
Total noncurrent assets:370,324331,571331,846277,068269,921
TOTAL ASSETS:1,145,686633,796701,997752,723821,441
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities44,27925,36625,44428,26923,635
Taxes payable✕✕✕✕✕3,731
Employee-related liabilities✕✕✕✕✕6,007
Accounts payable10,6122,6042,6016,9002,850
Accrued liabilities33,66722,76222,84321,36911,047
Deferred revenue220,57282,27572,32751,90064,233
Deferred rent credit     2,193
Restructuring reserve  250   
Estimated litigation liability 12,530    
Business combination, contingent consideration, liability  4,6757,006  
Other undisclosed current liabilities192,07429,51231,87242,08841,980
Total current liabilities:469,455142,078136,649122,257132,041
Noncurrent Liabilities
Liabilities, other than long-term debt36,88226,98737,26811,8685,782
Deferred revenue27,52211,1825,2932,8823,579
Deferred rent credit     798
Other liabilities1,0605309,1381,4871,405
Operating lease, liability8,30012,39216,952  
Business combination, contingent consideration, liability  2,8835,8857,499 
Other undisclosed noncurrent liabilities450,91823,44510,06242,49435,373
Total noncurrent liabilities:487,80050,43247,33054,36241,155
Total liabilities:957,255192,510183,979176,619173,196
Equity
Equity, attributable to parent188,431441,286518,018576,104648,245
Common stock3428282727
Additional paid in capital1,631,8961,645,3561,596,2011,513,1021,423,151
Accumulated other comprehensive income (loss)6,362(1,097)1,5942,2712,096
Accumulated deficit(1,449,861)(1,203,001)(1,079,805)(939,296)(777,029)
Total equity:188,431441,286518,018576,104648,245
TOTAL LIABILITIES AND EQUITY:1,145,686633,796701,997752,723821,441

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

4/30/2026
TTM
1/31/2026
1/31/2025
1/31/2024
1/31/2023
1/31/2022
Revenues307,727244,352220,696191,256131,209
Cost of revenue(135,242)(104,627)(107,746)(97,248)(82,987)
Cost of product and service sold(135,242)(104,627)   
Gross profit:172,485139,725112,95094,00848,222
Operating expenses(267,558)(255,847)(282,698)(269,683)(176,273)
Operating loss:(95,073)(116,122)(169,748)(175,675)(128,051)
Nonoperating income (expense)(147,132)(4,614)30,05414,556(6,963)
Investment income, nonoperating14,32910,25715,4147,672 
Other nonoperating income (expense)3,375245931330(2,227)
Interest and debt expense(3,436)   (1,690)
Loss from continuing operations before equity method investments, income taxes:(245,641)(120,736)(139,694)(161,119)(136,704)
Other undisclosed income from continuing operations before income taxes3,436   1,690
Loss from continuing operations before income taxes:(242,205)(120,736)(139,694)(161,119)(135,014)
Income tax expense(4,655)(2,460)(815)(847)(2,110)
Loss from continuing operations:(246,860)(123,196)(140,509)(161,966)(137,124)
Loss before gain (loss) on sale of properties:✕✕✕✕✕(137,124)
Net loss available to common stockholders, diluted:(246,860)(123,196)(140,509)(161,966)(137,124)

Comprehensive Income ($ in thousands)
Annual | Quarterly

4/30/2026
TTM
1/31/2026
1/31/2025
1/31/2024
1/31/2023
1/31/2022
Net loss:(246,860)(123,196)(140,509)(161,966)(137,124)
Comprehensive loss:(246,860)(123,196)(140,509)(161,966)(137,124)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent7,459(2,691)(677)175327
Comprehensive loss, net of tax, attributable to parent:(239,401)(125,887)(141,186)(161,791)(136,797)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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