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Planet Labs PBC (PL)
NYSE:PL
Earnings Data
Report Date
Mar 26, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
-0.05Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call presented strong financial growth, particularly in the defense and intelligence sectors, and highlighted strategic initiatives with Google and in AI solutions. However, there were challenges in the commercial sector and impacts from government budget constraints. Despite these challenges, the positive momentum and strategic advancements create a generally optimistic outlook.Company Guidance
Revenue Growth and Financial Performance
Planet Labs generated $81.3 million in revenue, marking approximately 33% growth year over year. Non-GAAP gross margin was 60%, and adjusted EBITDA profit was $5.6 million, indicating the fourth sequential quarter of adjusted EBITDA profitability. Backlog increased to $734.5 million, a year-over-year increase of 216%, and positive free cash flow was achieved for the third quarter in a row.
Defense and Intelligence Sector Success
Q3 revenue in the defense and intelligence sector accelerated to over 70% growth year on year, driven by strong performance in data subscription and solutions businesses. Notable contracts include a $12.8 million award for advanced analytics for maritime operations and reconnaissance and a $7.5 million contract renewal by the US Navy for vessel detection and monitoring.
Project SunCatcher with Google
Planet Labs announced Project SunCatcher, an R&D initiative with Google to enable scaled AI computing in space. The project involves placing Google's tensor processing units on satellites, leveraging space's energy and temperature conditions, with plans for two prototype satellites in early 2027.
Strategic Growth in AI and Solutions
The acquisition of Bedrock Research, an AI solutions company, enhances Planet Labs' capabilities in AI-enabled solutions, particularly for defense and intelligence customers. Additionally, the AXA partnership integrates Planet's data into AXA's Digital Commercial Platform, marking a significant step in the insurance sector.
Launch and Manufacturing Advancements
Planet Labs launched two high-resolution Pelicans and 36 super doves, expanding their satellite fleet. A new satellite manufacturing facility is planned to open in Berlin, aiming to double manufacturing capacity for high-resolution Pelican satellites.
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 |
|---|---|---|---|
Dec 10, 2025 | $12.94 | $17.47 | +35.01% |
Sep 08, 2025 | $6.53 | $9.66 | +47.93% |
Jun 04, 2025 | $3.99 | $5.96 | +49.37% |
Mar 20, 2025 | $4.24 | $3.79 | -10.61% |
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 Mar 26, 2026, After Close (Confirmed).
What is Planet Labs PBC (PL) earnings time?
Planet Labs PBC (PL) earnings time is at Mar 26, 2026, After Close (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 (Q4) is -0.05.
