← Planet Labs PBC
| Annual Trend | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $71.2m | $490.8m | $181.9m | $83.9m | $118.0m | $229.4m | |
| Restricted cash and cash equivalents, current | — | — | $527k | $8.4m | $6.6m | $642k | |
| Short-term investments | — | $0 | $226.9m | $215.0m | $104.0m | $410.6m | |
| Accounts receivable, net of allowance of $3 and $807, respectively | $47.1m | $44.4m | $39.0m | $43.3m | $55.8m | $83.5m | |
| Inventories | — | — | — | — | $0 | $6.1m | |
| Prepaid expenses and other current assets | $7.1m | $16.4m | $27.9m | $19.6m | $17.7m | $45.0m | |
| Restricted cash and cash equivalents, non-current | — | $5.7m | $5.7m | $10.0m | $5.3m | $5.5m | |
| Total current assets | $125.4m | $551.5m | $475.7m | $370.2m | $302.2m | $775.4m | |
| Property and equipment, net | $159.9m | $133.3m | $108.1m | $113.4m | $121.7m | $150.6m | |
| Capitalized internal-use software, net | $12.0m | $10.8m | $11.4m | $15.0m | $19.0m | $21.5m | |
| Goodwill | $88.4m | $103.2m | $112.7m | $136.3m | $136.3m | $143.5m | |
| Intangible assets, net | $5.7m | $14.2m | $14.8m | $32.4m | $27.5m | $26.6m | |
| Operating lease right-of-use assets | — | — | $20.4m | $22.3m | $19.8m | $14.6m | |
| Other non-current assets | $3.0m | $2.7m | $3.9m | $2.4m | $1.9m | $8.1m | |
| Accrued and other current liabilities | $30.2m | $48.8m | $46.0m | $44.8m | $42.6m | $55.9m | |
| Deferred revenue | $15.1m | $3.6m | $2.9m | $5.3m | $11.2m | $27.5m | |
| Liability from early exercise of stock options | $0 | $16.1m | $12.6m | $9.0m | $5.4m | $1.8m | |
| Operating lease liabilities, current | — | — | $17.1m | $8.0m | $9.2m | $7.3m | |
| Public and private placement warrant liabilities | $0 | $23.2m | $16.7m | $3.0m | $18.1m | $0 | |
| Deferred hosting costs | $8.0m | $12.1m | $8.7m | $7.1m | $5.4m | $4.0m | |
| Operating lease liabilities, non-current | — | — | $17.1m | $17.0m | $12.4m | $8.3m | |
| Contingent consideration | — | $0 | $7.5m | $5.9m | $2.9m | $0 | |
| Convertible notes | — | — | — | — | $0 | $446.9m | |
| Other non-current liabilities | $1.3m | $1.4m | $1.5m | $9.1m | $530k | $1.1m | |
| Total stockholders’ equity | $107.5m | $648.2m | $576.1m | $518.0m | $441.3m | $188.4m | |
| Total assets | $399.3m | $821.4m | $752.7m | $702.0m | $633.8m | $1.1b | |
| Total liabilities and stockholders’ equity | $399.3m | $821.4m | $752.7m | $702.0m | $633.8m | $1.1b | |
| Accounts payable | $1.4m | $2.9m | $6.9m | $2.6m | $2.6m | $10.6m | |
| Total current liabilities | $108.8m | $132.0m | $122.3m | $136.6m | $142.1m | $469.5m | |
| Total liabilities | $291.8m | $173.2m | $176.6m | $184.0m | $192.5m | $957.3m | |
| 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 | 4k | 27k | 27k | 28k | 28k | 34k | |
| Additional paid-in capital | $745.6m | $1.4b | $1.5b | $1.6b | $1.6b | $1.6b | |
| Accumulated other comprehensive income (loss) | $1.8m | $2.1m | $2.3m | $1.6m | ($1.1m) | $6.4m | |
| Accumulated deficit | ($639.9m) | ($777.0m) | ($939.3m) | ($1.1b) | ($1.2b) | ($1.4b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.