PLNYSERadio & Tv Broadcasting & Communications EquipmentFiscal year ends January 31
Planet Labs PBC
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 3, 2026
$13.59+0.03 (+0.22%)
Close on Oct 19, 2026
- Market cap
- $4.89B
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2019 to 2026
Gross margin
56.1%+33.3 pts over 5 years
Operating margin
-30.9%+46.4 pts over 5 years
Net margin
-80.2%+32.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +25.9% | +17.2% | +22.1% | – | |
| Gross profit | +23.4% | +22.4% | +46.2% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -78.2% | -78.4% | |
| Return on assets | – | – | -27.7% | |
| Current ratio | – | 1.15 | 1.65 | |
| Interest coverage | – | -9.3× | -27.7× | |
| Capex to revenue | – | 23.1% | 24.9% | |
| Diluted shares | – | 44M | 308M |
Where the cash went
Fiscal 2022 to 2026, five years combined
Planet Labs PBC generated $315.59M from operations and spent $179.76M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$315.59M
Used
$179.76M
Capital expenditure$179.76M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-80.2%
×Asset turnover0.35×
×Equity multiplier2.83×
=Return on equity, FY2026-78.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | -80.2% | 0.35× | 2.83× | -78.4% |
| FY2025 | -50.4% | 0.37× | 1.39× | -25.7% |
| FY2024 | -63.7% | 0.30× | 1.33× | -25.7% |
| FY2023 | -84.7% | 0.24× | 1.29× | -26.5% |
| FY2022 | -104.5% | 0.21× | 1.62× | -36.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
3of 8 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$246.86M
- Cash generatingOperating cash flow above zero$134.36M
- Return on assets improvedROA up on the prior year-17.5% → -38.9%
- Earnings backed by cashOperating cash flow above net income$134.36M vs -$246.86M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose2.13 → 1.65
- No dilutionShare count did not rise292M → 308M
- Gross margin improvedGross margin up on the prior year57.18% → 56.05%
- More efficientAsset turnover rose0.35 → 0.49