Planet Labs PBC
Planet Labs Announces Second Quarter 2026 Financial Results and Business Updates
Summary
Planet Labs PBC announced its financial results for the second quarter of fiscal year 2026, showing a 20% year-over-year increase in revenue to $73.4 million, driven by significant growth in its backlog to $690.1 million and new customer contracts with the U.S. Department of Defense, NATO, and the German government. The company also launched two new high-resolution satellites and reported a net loss of $22.6 million for the quarter. Additional details and financial outlook were provided in the attached press release.
Profitelligence Alerts
Get alerts for PL
Be first to know when Planet Labs PBC files with the SEC.
Filing Categories
Advertisement
About Planet Labs PBC
Planet Labs PBC is a leading Earth imaging and data analytics company specializing in capturing and providing frequent, high-resolution satellite imagery of the Earth. Its primary function is to operate fleets of small, specialized satellites—often called "Doves"—that capture detailed images of Earth's surface daily. This vast constellation of satellites enables Planet Labs to provide valuable insights and data across various sectors, including agriculture, forestry, urban planning, and environmental monitoring. Through its continuous data acquisition capabilities, Planet Labs empowers businesses, governments, and researchers with critical information needed for timely decision-making and strategic planning. The company plays a significant role in enhancing the understanding of global environmental changes, supporting disaster response efforts, and optimizing land use planning. Established in 2010 and headquartered in San Francisco, Planet Labs is at the forefront of revolutionizing how data from space is used to inform decisions on Earth, establishing a new paradigm in satellite data accessibility and utilization. Its contributions span across numerous industries, making it a pivotal player in the space and geospatial information markets.
Official SEC Documents
Advertisement