Planet Labs PBC
For the period ended Jan 31, 2026. Filed Mar 23, 2026.
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FY2026 · Filed Mar 23, 2026
PL$14.37+14.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended January 31, | |||
|---|---|---|---|
| (in thousands, except share and per share amounts) | 2026 | 2025 | 2024 |
| Revenue | $307,727 | $244,352 | $220,696 |
| Cost of revenue | 135,242 | 104,627 | 107,746 |
| Gross profit | 172,485 | 139,725 | 112,950 |
| Operating expenses | |||
| Research and development | 106,749 | 101,006 | 116,339 |
| Sales and marketing | 72,676 | 77,694 | 86,304 |
| General and administrative | 88,133 | 77,147 | 80,055 |
| Total operating expenses | 267,558 | 255,847 | 282,698 |
| Loss from operations | (95,073) | (116,122) | (169,748) |
| Interest income | 14,329 | 10,257 | 15,414 |
| Interest expense | (3,436) | (832) | — |
| Change in fair value of warrant liabilities | (161,400) | (15,116) | 13,709 |
| Other income (expense), net | 3,375 | 1,077 | 931 |
| Total other income (expense), net | (147,132) | (4,614) | 30,054 |
| Loss before provision for income taxes | (242,205) | (120,736) | (139,694) |
| Provision for income taxes | 4,655 | 2,460 | 815 |
| Net loss | $(246,860) | $(123,196) | $(140,509) |
| Basic and diluted net loss per share attributable to common stockholders | $(0.80) | $(0.42) | $(0.50) |
| Basic and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders | 307,799,424 | 292,124,291 | 279,585,698 |
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