Planet Labs PBC

For the period ended Oct 31, 2025. Filed Dec 10, 2025.

About this filing

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$14.27-0.7%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Stockholders’ Equity

Condensed Consolidated Statements of Stockholders’ Equity (Unaudited)

Common Stock · AdditionalPaid-in · AccumulatedOtherComprehensive · Accumulated · TotalStockholders’
(in thousands, except share amounts)	Shares	Amount	Capital	Income (Loss)	Deficit	Equity
Balances at January 31, 2024	289,275,491	$28	$1,596,201	$1,594	$(1,079,805)	$518,018
Issuance of Class A common stock from the exercise of common stock options	35,318	—	20	—	—	20
Issuance of Class A common stock upon vesting of restricted stock units	2,334,916	—	—	—	—	—
Vesting of early exercised stock options	—	—	896	—	—	896
Class A common stock withheld to satisfy employee tax withholding obligations	(908,417)	—	(2,015)	—	—	(2,015)
Stock-based compensation	—	—	13,745	—	—	13,745
Net unrealized loss on available-for-sale securities, net of taxes	—	—	—	(512)	—	(512)
Change in translation	—	—	—	(534)	—	(534)
Net loss	—	—	—	—	(29,293)	(29,293)
Balances at April 30, 2024	290,737,308	$28	$1,608,847	$548	$(1,109,098)	$500,325
Issuance of Class A common stock from the exercise of common stock options	234,443	—	280	—	—	280
Issuance of Class A common stock upon vesting of restricted stock units	3,834,734	—	—	—	—	—
Vesting of early exercised stock options	—	—	896	—	—	896
Class A common stock withheld to satisfy employee tax withholding obligations	(1,330,082)	—	(2,470)	—	—	(2,470)
Stock-based compensation	—	—	12,185	—	—	12,185
Net unrealized gain on available-for-sale securities, net of taxes	—	—	—	376	—	376
Change in translation	—	—	—	323	—	323
Net loss	—	—	—	—	(38,668)	(38,668)
Balances at July 31, 2024	293,476,403	$28	$1,619,738	$1,247	$(1,147,766)	$473,247
Issuance of Class A common stock from the exercise of common stock options	54,614	—	32	—	—	32
Issuance of Class A common stock upon vesting of restricted stock units	3,757,861	—	—	—	—	—
Issuance of Class A common stock for employee stock purchase program	487,557	—	924	—	—	924
Vesting of early exercised stock options	—	—	896	—	—	896
Class A common stock withheld to satisfy employee tax withholding obligations	(1,343,991)	—	(2,843)	—	—	(2,843)
Stock-based compensation	—	—	12,330	—	—	12,330
Net unrealized gain on available-for-sale securities, net of taxes	—	—	—	48	—	48
Change in translation	—	—	—	52	—	52
Net loss	—	—	—	—	(20,081)	(20,081)
Balances at October 31, 2024	296,432,444	$28	$1,631,077	$1,347	$(1,167,847)	$464,605

Condensed Consolidated Statements of Stockholders’ Equity (Unaudited)

Common Stock · AdditionalPaid-in · AccumulatedOtherComprehensive · Accumulated · TotalStockholders’
(in thousands, except share amounts)	Shares	Amount	Capital	Income (Loss)	Deficit	Equity
Balances at January 31, 2025	300,095,288	$28	$1,645,356	$(1,097)	$(1,203,001)	$441,286
Issuance of Class A common stock from the exercise of common stock options	683,189	—	1,570	—	—	1,570
Issuance of Class A common stock upon vesting of restricted stock units	3,380,365	—	—	—	—	—
Issuance of Class A common stock for employee stock purchase program	500,589	—	936	—	—	936
Vesting of early exercised stock options	—	—	896	—	—	896
Class A common stock withheld to satisfy employee tax withholding obligations	(1,256,064)	—	(5,264)	—	—	(5,264)
Stock-based compensation	—	—	13,215	—	—	13,215
Net unrealized gain on available-for-sale securities, net of taxes	—	—	—	16	—	16
Change in translation	—	—	—	4,775	—	4,775
Net loss	—	—	—	—	(12,628)	(12,628)
Balances at April 30, 2025	303,403,367	$28	$1,656,709	$3,694	$(1,215,629)	$444,802
Issuance of Class A common stock from the exercise of common stock options	1,628,374	—	5,496	—	—	5,496
Issuance of Class A common stock upon vesting of restricted stock units	4,186,832	—	—	—	—	—
Vesting of early exercised stock options	—	—	896	—	—	896
Class A common stock withheld to satisfy employee tax withholding obligations	(1,332,356)	—	(7,172)	—	—	(7,172)
Stock-based compensation	—	—	14,101	—	—	14,101
Net unrealized loss on available-for-sale securities, net of taxes	—	—	—	(133)	—	(133)
Change in translation	—	—	—	291	—	291
Net loss	—	—	—	—	(22,592)	(22,592)
Balances at July 31, 2025	307,886,217	$28	$1,670,030	$3,852	$(1,238,221)	$435,689
Issuance of Class A common stock from the exercise of common stock options	2,447,726	—	11,629	—	—	11,629
Issuance of Class A common stock upon vesting of restricted stock units	4,446,009	—	—	—	—	—
Issuance of Class A common stock for employee stock purchase program	422,891	—	1,233	—	—	1,233
Issuance of Class A common stock from the exercise of public warrants	5,530	—	86	—	—	86
Vesting of early exercised stock options	—	—	896	—	—	896
Class A common stock withheld to satisfy employee tax withholding obligations	(1,613,396)	—	(15,883)	—	—	(15,883)
Purchase of capped call transactions	—	—	(39,560)	—	—	(39,560)
Stock-based compensation	—	—	14,047	—	—	14,047
Net unrealized gain on available-for-sale securities, net of taxes	—	—	—	119	—	119
Change in translation	—	—	—	487	—	487
Net loss	—	—	—	—	(59,185)	(59,185)
Balances at October 31, 2025	313,594,977	$28	$1,642,478	$4,458	$(1,297,406)	$349,558

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.