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Planet Labs PBC (PL)
NYSE:PL
Earnings Data
Report Date
Sep 04, 2025TBA Not Confirmed
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.04Last Year’s EPS
-0.06Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Date:Jun 04, 2025
|% Change Since: 46.37%
|Next Earnings Date:Sep 04, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements in revenue growth, financial milestones, and sector expansion, particularly in the defense and intelligence areas. Despite some challenges in the civil government sector and potential risks from budget cuts, the overall sentiment remains positive due to the company's strategic direction and increased backlog.Company Guidance
During Planet Labs' first quarter earnings call for fiscal 2026, the company reported strong financial performance with $66.3 million in revenue, marking approximately 10% year-over-year growth. The non-GAAP gross margin improved to 59% from 55% the previous year, and adjusted EBITDA profit reached $1.2 million. The company also achieved its first-ever quarter of positive free cash flow at $8 million and saw a 262% year-over-year increase in remaining performance obligations (RPOs) amounting to $451.9 million. The backlog reached over $527 million, up 140% from the previous year, indicating robust future growth. The guidance for the second quarter of fiscal 2026 forecasts revenue between $65 million and $67 million, with a non-GAAP gross margin of 56% to 57%, and an adjusted EBITDA loss of between $4 million and $2 million. For the full year, Planet Labs expects revenue between $265 million and $280 million and maintains its non-GAAP gross margin forecast of 55% to 57%. The company continues to focus on expanding its satellite services and integrating AI-enabled solutions, aiming for sustainable cash flow generation and growth in the coming years.Record Revenue and Growth
Planet Labs achieved $66.3 million in revenue for Q1 FY2026, representing approximately 10% year-over-year growth and surpassing expectations.
Positive Financial Metrics
Non-GAAP gross margin improved to 59% from 55% a year ago. The company also reported an adjusted EBITDA profit of $1.2 million, marking the second consecutive quarter of profitability.
Positive Free Cash Flow
Planet Labs generated $8 million in positive free cash flow, marking the first-ever quarter of positive free cash flow for the company.
Defense and Intelligence Sector Growth
Revenue from the defense and intelligence sector grew over 20% year-over-year, driven by significant contracts including an eight-figure ACV expansion with a European customer.
Strong Backlog and Future Growth Visibility
The backlog increased to over $527 million, up 140% year-over-year, with about 45% applicable to the next 12 months.
Strategic Partnerships and Product Updates
New partnerships and product developments, including the streamlined Planet Insights platform and the aircraft detection analytic feed, highlight ongoing innovation.
PL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2025 | $3.99 | $5.96 | +49.37% |
Mar 20, 2025 | $4.24 | $3.79 | -10.61% |
Dec 09, 2024 | $4.04 | $3.87 | -4.21% |
Sep 05, 2024 | $2.48 | $1.78 | -28.23% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Planet Labs PBC (PL) report earnings?
Planet Labs PBC (PL) is schdueled to report earning on Sep 04, 2025, TBA Not Confirmed.
What is Planet Labs PBC (PL) earnings time?
Planet Labs PBC (PL) earnings time is at Sep 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PL EPS forecast?
PL EPS forecast for the fiscal quarter 2026 (Q2) is -0.04.
