← Planet Labs PBC
| Annual Trend | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $95.7m |
$113.2m
+18.21%
|
$131.2m
+15.94%
|
$191.3m
+45.76%
|
$220.7m
+15.39%
|
$244.4m
+10.72%
|
$307.7m
+25.94%
|
$335.6m
+9.06%
|
|
| Cost of revenue | $102.4m |
$87.4m
-14.66%
|
$83.0m
-5.03%
|
$97.2m
+17.18%
|
$107.7m
+10.80%
|
$104.6m
-2.89%
|
$135.2m
+29.26%
|
$149.3m
+10.42%
|
|
| Gross profit | ($6.7m) |
$25.8m
+487.34%
|
$48.2m
+87.02%
|
$94.0m
+94.95%
|
$113.0m
+20.15%
|
$139.7m
+23.71%
|
$172.5m
+23.45%
|
$186.3m
+8.00%
|
|
| Research and development | $37.9m | $43.8m | $66.7m | $110.9m | $116.3m | $101.0m | $106.7m | $117.1m | |
| 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 | $97.2m | |
| Total operating expenses | $99.8m | $113.2m | $176.3m | $269.7m | $282.7m | $255.8m | $267.6m | $293.5m | |
| Loss from operations | ($106.5m) |
($87.4m)
+17.86%
|
($128.1m)
-46.44%
|
($175.7m)
-37.19%
|
($169.7m)
+3.37%
|
($116.1m)
+31.59%
|
($95.1m)
+18.13%
|
— | |
| Interest expense | ($6.9m) | ($9.4m) | ($8.8m) | $0 | $0 | ($832k) | ($3.4m) | $4.4m | |
| Interest income | — | $53k | $21k | $7.7m | $15.4m | $10.3m | $14.3m | $17.6m | |
| Other income (expense), net | $1.1m | $239k | ($2.2m) | $330k | $931k | $245k | $3.4m | ($274.4m) | |
| Total other income (expense), net | ($17.1m) | ($38.6m) | ($7.0m) | $14.6m | $30.1m | ($4.6m) | ($147.1m) | — | |
| Total loss before income taxes | ($123.6m) | ($126.0m) | ($135.0m) | ($161.1m) | ($139.7m) | ($120.7m) | ($242.2m) | — | |
| 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) | — | |
| 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) | — | |
| Change in fair value of warrant liabilities | — | — | — | $6.6m | $13.7m | ($15.1m) | ($161.4m) | — |