← Planet Labs PBC
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Net Income | ($123.7m) |
($127.1m)
-2.74%
|
($137.1m)
-7.88%
|
($162.0m)
-18.12%
|
($140.5m)
+13.25%
|
($123.2m)
+12.32%
|
($246.9m)
-100.38%
|
($373.1m)
-51.14%
|
|
| Depreciation and amortization | $77.6m | $62.2m | $45.0m | $43.3m | $47.6m | $45.6m | $41.8m | $41.9m | |
| Stock-based compensation, net of capitalized cost of $2,605, $2,339 and $2,344, respectively | $5.1m | $14.0m | $42.0m | $75.5m | $57.1m | $48.5m | $55.0m | $58.9m | |
| Accounts receivable | $9.0m | ($19.9m) | $3.3m | $6.3m | ($2.7m) | ($12.0m) | ($30.2m) | $13.4m | |
| Inventories | — | — | — | — | $0 | $0 | ($609k) | ($1.3m) | |
| Transfers from property and equipment, net to inventories, net | — | — | — | — | $0 | $0 | $5.5m | — | |
| Accounts payable, accrued and other liabilities | $3.1m | $11.0m | $16.1m | ($3.0m) | ($25.0m) | ($13.3m) | $13.8m | $26.8m | |
| Deferred revenue | ($27.3m) | $14.4m | ($4.9m) | ($14.4m) | $22.2m | $15.6m | $151.1m | — | |
| Accrued purchase of property and equipment | $637k | $522k | $354k | $51k | $1.4m | $718k | $5.0m | — | |
| Other | ($614k) | ($674k) | ($598k) | ($504k) | ($15k) | ($738k) | ($2.8m) | — | |
| Prepaid expenses and other assets | $12.9m | $2.6m | ($8.7m) | ($10.1m) | $10.5m | $8.4m | ($11.1m) | — | |
| Net cash provided by (used in) operating activities | ($33.7m) |
($4.0m)
+88.05%
|
($42.2m)
-948.20%
|
($73.9m)
-75.15%
|
($50.7m)
+31.41%
|
($14.4m)
+71.66%
|
$134.4m
+1034.76%
|
$132.5m
-1.42%
|
|
| Purchases of property and equipment | ($16.7m) | ($26.1m) | ($10.3m) | ($10.4m) | ($38.0m) | ($44.3m) | ($76.7m) | ($91.2m) | |
| Payments of contingent consideration for business acquisitions | — | — | — | $0 | $0 | ($8.8m) | ($4.0m) | — | |
| Net cash provided by (used in) investing activities | ($27.2m) | ($30.8m) | ($25.1m) | ($242.3m) | ($33.6m) | $57.9m | ($393.1m) | ($364.4m) | |
| Payment of debt issuance costs | — | — | — | — | $0 | $0 | ($2.9m) | — | |
| Proceeds from the exercise of common stock options | $264k | $539k | $10.6m | $14.7m | $7.4m | $4.4m | $27.7m | — | |
| Issuance of Class A common stock for business acquisition | $14.8m | $0 | $12.9m | $0 | $21.6m | $0 | $0 | — | |
| Payments for withholding taxes related to the net share settlement of equity awards | $0 | $0 | ($5.6m) | ($6.3m) | ($9.0m) | ($11.9m) | ($72.7m) | — | |
| Net cash provided by (used in) financing activities | $8.7m |
$83.9m
+861.73%
|
$489.2m
+482.78%
|
$7.9m
-98.39%
|
($1.6m)
-120.33%
|
($15.5m)
-872.15%
|
$357.1m
+2398.37%
|
$461.4m
+29.23%
|
|
| Net increase (decrease) in cash and cash equivalents, and restricted cash and cash equivalent | ($52.2m) | $48.8m | $420.3m | ($308.7m) | ($85.9m) | $27.8m | $105.6m | — | |
| Cash and cash equivalents, and restricted cash and cash equivalents at the beginning of the period | $27.7m | $76.5m | $496.8m | $188.1m | $102.2m | $130.0m | $235.6m | — | |
| Effect of exchange rate changes on cash and cash equivalents, and restricted cash and cash equivalents | ($38k) | ($312k) | ($1.6m) | ($402k) | $17k | ($201k) | $7.3m | $566k | |
| Additional Supplementary Disclosures | |||||||||
| Additional Supplementary Disclosures | |||||||||
| Change in fair value of warrant liabilities | — | — | — | ($6.6m) | ($13.7m) | $15.1m | $161.4m | — | |
| Change in fair value of contingent consideration | — | — | $0 | $0 | ($741k) | $3.4m | $465k | — | |
| Deferred hosting costs | $0 | $8.0m | $5.8m | ($2.7m) | ($1.3m) | ($1.6m) | ($1.6m) | — | |
| Capitalized internal-use software | ($7.4m) | ($4.0m) | ($4.6m) | ($2.3m) | ($4.4m) | ($5.3m) | ($4.8m) | — | |
| Maturities of available-for-sale securities | — | $0 | $0 | $55.2m | $161.3m | $61.4m | $90.0m | — | |
| Sales of available-for-sale securities | — | — | $0 | $0 | $45.6m | $192.5m | $33.2m | — | |
| Purchases of available-for-sale securities | — | $0 | $0 | ($280.3m) | ($189.1m) | ($140.2m) | ($428.0m) | — | |
| Business acquisition, net of cash acquired | ($2.5m) | $0 | ($9.6m) | ($3.8m) | ($7.5m) | ($1.1m) | ($5.4m) | — | |
| Purchases of licensed imagery intangible assets | — | — | — | $0 | $0 | ($4.8m) | ($1.5m) | — | |
| Proceeds from employee stock purchase program | — | — | — | $0 | $0 | $1.5m | $2.8m | — | |
| Payment of indemnification holdback for business acquisition | — | — | — | — | $0 | $0 | ($5.0m) | — | |
| Proceeds from issuance of convertible notes, net of discount | — | — | — | — | $0 | $0 | $448.8m | — | |
| Proceeds from the exercise of warrants | — | — | — | — | $0 | $0 | $4.8m | — | |
| Purchase of capped call transactions | — | — | — | — | $0 | $0 | ($39.6m) | — | |
| Contingent consideration for business acquisition | — | $0 | $0 | $8.0m | $5.8m | $0 | $0 | — |