Planet Labs PBC

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Revenue $95.7m $113.2m $131.2m $191.3m $220.7m $244.4m $307.7m
Cost of revenue $52.2m $87.4m $83.0m $97.2m $107.7m $104.6m $135.2m
Gross profit ($6.7m) $25.8m $48.2m $94.0m $113.0m $139.7m $172.5m
Research and development $37.9m $43.8m $66.7m $110.9m $116.3m $101.0m $106.7m
Total operating expenses $99.8m $113.2m $176.3m $269.7m $282.7m $255.8m $267.6m
Sales and marketing $34.9m $37.3m $52.9m $78.0m $86.3m $77.7m $72.7m
General and administrative $27.0m $32.1m $56.7m $80.7m $80.1m $77.1m $88.1m
Loss from operations ($106.5m) ($87.4m) ($128.1m) ($175.7m) ($169.7m) ($116.1m) ($95.1m)
Interest income $53k $21k $7.7m $15.4m $10.3m $14.3m
Change in fair value of warrant liabilities $6.6m $13.7m ($15.1m) ($161.4m)
Provision for income taxes $130k $1.1m $2.1m $847k $815k $2.5m $4.7m
Net loss ($123.7m) ($127.1m) ($137.1m) ($162.0m) ($140.5m) ($123.2m) ($246.9m)
Total loss before income taxes ($123.6m) ($126.0m) ($135.0m) ($161.1m) ($139.7m) ($120.7m) ($242.2m)
Basic net loss per share attributable to common stockholders (in USD per share) ($3) ($3) ($2) ($1) ($0) ($0) ($1)
Diluted net loss per share attributable to common stockholders (in USD per share) ($3) ($3) ($2) ($1) ($0) ($0) ($1)
Basic weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares) (3) (3) (2) (1) (1) (0) (1)
Diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares) (3) (3) (2) (1) (1) (0) (1)
Interest expense ($6.9m) ($9.4m) ($8.8m) $0 $0 ($832k) ($3.4m)
Other income (expense), net $1.1m $239k ($2.2m) $330k $931k $245k $3.4m
Total other income (expense), net ($17.1m) ($38.6m) ($7.0m) $14.6m $30.1m ($4.6m) ($147.1m)