Planet Labs

Planet Labs PBC provides daily data and insights about earth. It offers a web-geo platform with satellite data available and foundational analytics to derive insights to make decisions. The company is founded by William S. Marshall and Robert H. Schingler in 2010 and is headquartered in San Francisco, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

PL (PL) reports solid Q1 results but revises guidance

PL (PL) reported solid Q1 financial results but faced headwinds in April and May, leading to a revision of guidance for the year. The company is streamlining and focusing on high ROI business areas, while challenges include elongated sales cycles and government budget constraints. Opportunities lie in leveraging unique data for AI applications and being a natural consolidator in the data business.

Planet Labs PBC reports 11% revenue growth, faces deal closure delays

Planet Labs PBC reported strong revenue growth and exceeded non-GAAP gross margin expectations. However, challenges include delays in deal closures and a reduction in the revenue forecast due to delays in large government opportunities. The company is focusing on organizational changes, product developments, and cost-cutting measures to drive sustainable long-term growth and profitability.

Planet Labs PBC Reports Record Q3 Revenue and Government Market Strength

Planet Labs PBC achieved record revenue and demonstrated strength in government markets, while facing challenges in extended sales cycles and macro-driven headwinds in the commercial market. The company is focused on driving higher growth rates and improving execution to capitalize on a diverse global pipeline of opportunities.

Planet Labs exceeds targets, eyes profitability amid strategic acquisitions

Planet Labs delivered robust financial performance, highlighted by revenue growth and strategic acquisitions. Challenges include achieving profitability and managing legacy contracts. Opportunities exist in government sectors, expanding customer base, and disciplined financial management.

Planet Labs reports robust Q1 earnings, eyes AI for growth

Planet Labs' Q1 performance reflects strong revenue growth and margin expansion, supported by diverse customer base and strategic partnerships.
While facing challenges from recent headwinds and elongated sales cycles, the company is optimistic about leveraging AI and sustainability for growth.
Efforts to reduce expenses and prioritize key investments signal a strategic focus on profitability and sustainable growth for Planet Labs.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

VANDENBERG SPACE FORCE BASE, Calif., Aug. 16, 2024 /PRNewswire/ -- Today, the Carbon Mapper Coalition's first satellite, Tanager-1, was successfully launched into orbit on the SpaceX Transporter-11 Rideshare mission.

Carbon Mapper Coalition launches Tanager-1 satellite to drive transparency of methane and CO2 super-emitters and prompt global action

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, announced today that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE) were successfully launched into orbit during the Transporter-11 Rideshare mission with SpaceX, which lifted off from Vandenberg Space Force Base on Friday, August 16, 2024. The Planet team has successfully made contact with Tanager-1 and started its commissioning process. Tanager-1.

Planet Launches First Tanager-1 (Hyperspectral Satellite) and 36 SuperDoves with SpaceX

Planet Labs (NYSE:PL) shares surged more than 15% after it announced the launch of its first hyperspectral satellite Tanager-1 and 36 SuperDoves (Flock 4BE) on Space'x Transporter-11 Rideshare mission on Friday. The launch will be from Vandenberg Space Force Base in California, with the launch window opening at 11.20am Pacific Time.

Planet Labs shares surge as Tanager-1 launch boosts space monitoring capabilities

NEW YORK, NY / ACCESSWIRE / August 16, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of dMY Technology Group, Inc. IV ("dMY IV"), which merged with Planet Labs PBC ("Planet Labs") (NYSE:PL) on December 8, 2021. Investors who purchased dMY IV prior to December 3, 2021 are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/PL.

Calling All Planet Labs PBC (PL) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, announced today that its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE) will launch on the Transporter-11 Rideshare mission with SpaceX on Friday, August 16, 2024 from Vandenberg Space Force Base in California. SpaceX's launch window opens at 11:20 a.m. PT, and the live launch webcast can be viewed at this link. Tanager-1 will expand Planet's capabiliti.

Planet to Launch Its First Hyperspectral Satellite, Tanager-1, and 36 SuperDoves with SpaceX

LOS ANGELES, CA / ACCESSWIRE / August 15, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE:PL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Encouraged To Join In Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 14, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Encouraged To Join Fraud Investigation With The Schall Law Firm

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, showcased major customers and partners from across Central and South America yesterday at their “Planet On The Road” conference series, hosted in Bogotá, Colombia. Speakers at the in-person event included data and artificial intelligence experts and government leaders from Brazil, Colombia, and Bolivia, who focused on how satellite data was being used across Latin America for s.

Latin America Embraces Satellite Data and Artificial Intelligence for Law Enforcement, Forest Protection, and Civil Government Initiatives

LEWISVILLE, Texas--(BUSINESS WIRE)--5 Million Meals: Caliber's 13th Annual Restoring You™ Food Drive Helps Combat Food Insecurity and Hunger Nationwide.

5 Million Meals: Caliber's 13th Annual Restoring You™ Food Drive Helps Combat Food Insecurity and Hunger Nationwide

Planet Labs PBC Investors Urged To Participate In Fraud Investigation With The Schall Law Firm

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that their SkySat data has been leveraged by the government of the Kingdom of Bahrain, the Kingdom's Survey and Land Registration Bureau (SLRB), to enhance urban planning initiatives nationwide. In collaboration with Planet Labs, Aetosky (formerly known as SkyMap Global) has implemented an advanced urban planning system. This turnkey solution integrates AI-enabl.

Planet Satellite Data + AI Enables the Kingdom of Bahrain to Manage Smart Cities

LOS ANGELES, CA / ACCESSWIRE / August 13, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Encouraged To Join The Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 9, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Invited to Participate in Fraud Investigation With The Schall Law Firm

LOS ANGELES, CA / ACCESSWIRE / August 8, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Can Join Fraud Investigation With The Schall Law Firm

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, has been working closely with BeZero Carbon, a global ratings agency for carbon markets. Through this partnership, BeZero provides solutions powered by Planet data that enable market participants to manage risk in their investments, transactions and carbon claims. BeZero was the first partner to access Planet's Forest Carbon Diligence product, which provides global 30-m time se.

Planet Partner BeZero Leverages Planet Imagery and Forest Carbon Products to Inform Independent Carbon Ratings

LOS ANGELES, CA / ACCESSWIRE / August 7, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Are Eligible To Join Fraud Investigation With The Schall Law Firm

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE:PL), a leading provider of daily data and insights about Earth, today announced that it plans to release its fiscal second quarter 2025 financial results for the quarter that ended July 31, 2024, after market close on Thursday, September 5, 2024. Planet's management will host a conference call to discuss the financial results and business outlook at 5:00 p.m. ET / 2:00 p.m. PT the same day. Planet invites you to listen to the conference call.

Planet to Announce Fiscal Second Quarter 2025 Results on Thursday, September 5, 2024

LOS ANGELES, CA / ACCESSWIRE / August 6, 2024 / The Schall Law Firm , a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL ) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Planet Labs PBC Investors Can Participate In Fraud Investigation With The Schall Law Firm

LOS ANGELES , Aug. 5, 2024 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Planet Labs PBC ("Planet Labs" or "the Company") (NYSE: PL) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

PL Investors Have Opportunity to Join Planet Labs PBC Fraud Investigation with the Schall Law Firm

HOUSTON--(BUSINESS WIRE)--SynMax, a leading intelligence company specializing in geospatial analytics, proudly announces a pilot project award for maritime automated analytics from the National Geospatial-Intelligence Agency (NGA). Theia, SynMax's state-of-the-art geospatial Maritime Domain Awareness (MDA) tool, is enabled by comprehensive maritime data provided by Planet Labs PBC (NYSE: PL), a strategic satellite data partner, fused with over ten key sources of maritime data and powered by Syn.

SynMax Secures NGA Pilot for Revolutionary Geospatial MDA Tool, Theia

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has extended its contract to provide data to the Taylor Geospatial Institute (TGI) into 2026. TGI, a rising geospatial research consortium, represents Planet's largest ever direct university engagement. Under the multi-year contract, TGI can leverage various industry-leading products from Planet, including its flagship PlanetScope data, robust data archi.

Planet and Taylor Geospatial Institute Extend Contract to Provide Data and Solutions to Consortium through 2026

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that it has signed a seven-figure contract expansion with a US-allied International Government Agency for SkySat high resolution satellite data. “Global customer demand for high resolution satellite data continues to grow, fueled by heightened security needs and increased climate disaster risk,” said Will Marshall, Planet's Chief Executive Officer and Co-Founder.

Planet Signs Seven-Figure Expansion with US-allied Government Agency for SkySat High Resolution Data

Terran Orbital Corp

Rocket Lab USA

The space industry is taking off right now. As billionaires like Jeff Bezos and Elon Musk invest heavily in the sector, the boundaries of possibilities in the final frontier are being pushed.

3 Space Stocks That Could Be Multibaggers in the Making: July Edition

Northrop Grumman

Space stocks represent a rapidly expanding sector where innovation meets investment. As a result, they offer groundbreaking opportunities in an industry poised for exponential growth.

The 3 Smartest Space Stocks to Buy With $5k Right Now

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, announced Susan Wojcicki has been appointed to Planet's Board of Directors. With over two decades of leadership experience in the technology industry helping to scale disruptive companies, Planet believes Ms. Wojcicki is uniquely positioned to support the Company's continued growth and scalability across markets as an independent director. Susan was voted in at Planet's Annual.

News for Planet Labs Stock (PL)