Planet Labs PBC
For the period ended Oct 31, 2025. Filed Dec 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 31, 2025 · Filed Dec 10, 2025
PL$14.37+14.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations (Unaudited)
| Three Months Ended October 31, | Nine Months Ended October 31, | |||
|---|---|---|---|---|
| (in thousands, except share and per share amounts) | 2025 | 2024 | 2025 | 2024 |
| Revenue | $81,254 | $61,266 | $220,905 | $182,798 |
| Cost of revenue | 34,670 | 23,749 | 95,450 | 81,288 |
| Gross profit | 46,584 | 37,517 | 125,455 | 101,510 |
| Operating expenses | ||||
| Research and development | 27,327 | 25,216 | 74,556 | 78,055 |
| Sales and marketing | 18,783 | 16,795 | 52,671 | 62,013 |
| General and administrative | 18,814 | 18,114 | 57,299 | 58,198 |
| Total operating expenses | 64,924 | 60,125 | 184,526 | 198,266 |
| Loss from operations | (18,340) | (22,608) | (59,071) | (96,756) |
| Interest income | 4,414 | 2,414 | 8,470 | 8,292 |
| Interest expense | (1,020) | (277) | (1,845) | (555) |
| Change in fair value of warrant liabilities | (43,473) | 198 | (38,765) | 1,126 |
| Other income (expense), net | 18 | 217 | (985) | 1,215 |
| Total other income (expense), net | (40,061) | 2,552 | (33,125) | 10,078 |
| Loss before provision for income taxes | (58,401) | (20,056) | (92,196) | (86,678) |
| Provision for income taxes | 784 | 25 | 2,209 | 1,364 |
| Net loss | $(59,185) | $(20,081) | $(94,405) | $(88,042) |
| Basic and diluted net loss per share attributable to common stockholders | $(0.19) | $(0.07) | $(0.31) | $(0.30) |
| Basic and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders | 309,248,247 | 293,338,324 | 304,595,506 | 290,674,554 |
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