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Planet Labs Pbc (PL)
:PL
Holding PL?
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Earnings Data
Report Date
Mar 27, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
-0.02Last Year’s EPS
-0.06Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 31, 2022
|% Change Since: -5.69%
|Next Earnings Date:Dec 13, 2021
Earnings Call Sentiment|Positive
The earnings call highlights strong revenue growth, a record quarter for ACV bookings, and significant advancements in product capabilities and government contracts. However, challenges such as the NASA renewal delay and flat North American revenue slightly temper the outlook. Overall, the positives outweigh the negatives, with promising signs of growth acceleration.Company Guidance
During the Q3 2025 earnings call for Planet Labs, the executives provided detailed guidance and highlighted key metrics reflecting the company's financial and operational progress. The company reported record revenue of $61.3 million, marking an 11% year-on-year growth. Their non-GAAP gross margin improved significantly to a record 64%, compared to 52% a year ago, with an adjusted EBITDA loss narrowed to approximately $242,000, indicating their sixth consecutive quarter of improvement. Additionally, recurring ACV constituted 97% of their end-of-period ACV book of business, with over 90% consisting of annual or multiyear contracts. The net dollar retention rate stood at 104%, and the company ended the quarter with approximately $242 million in cash and investments. Looking ahead, they anticipate Q4 revenue between $61 million and $63 million, maintaining a non-GAAP gross margin between 63% and 65%, and achieving an adjusted EBITDA profit between $0 and $2 million.Record Revenue and Gross Margin
Generated a record $61.3 million in revenue, representing 11% year-over-year growth. Non-GAAP gross margin increased to a record 64%, up from 52% a year ago.
Strong Growth in Defense and Intelligence Sector
Revenue from the Defense and Intelligence sector grew approximately 25% year-over-year, driven by international market wins.
Largest Ever Quarter of ACV Bookings
Achieved the largest ever quarter of ACV bookings, including significant contracts in both government and commercial sectors.
Significant Government Contracts
Secured an 8-figure expansion with an international defense customer and a 7-figure pilot with the U.S. Department of Defense.
Commercial Sector Performance
Average deal sizes for new and expansion contracts continue to trend upwards, showing growing adoption of AI-enabled solutions.
New Product Launches
Released analytics-ready PlanetScope ARPS product and AI-powered forest carbon monitoring product, enhancing platform capabilities.
Tanager and Pelican Satellite Updates
Tanager 1 began helping with emission monitoring, and Pelican 2 was shipped for launch, bringing enhanced capabilities.
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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
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PL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 09, 2024 | $4.04 | $3.87 | -4.21% |
| Sep 05, 2024 | $2.48 | $1.78 | -28.23% |
| Jun 06, 2024 | $1.82 | $2.02 | +10.99% |
| Mar 28, 2024 | $2.55 | $2.25 | -11.76% |
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.
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FAQ
When does Planet Labs Pbc (PL) report earnings?
Planet Labs Pbc (PL) is schdueled to report earning on Mar 27, 2025, TBA Not Confirmed.
What is Planet Labs Pbc (PL) earnings time?
Planet Labs Pbc (PL) earnings time is at Mar 27, 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 2025 (Q4) is -0.02.
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