Planet Labs PBC

For the period ended Jul 31, 2026. Filed Sep 3, 2026.

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.

Jul 31, 2026 · Filed Sep 3, 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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Contents

Condensed Consolidated Balance Sheets

Condensed Consolidated Balance Sheets (Unaudited)

(in thousands, except share and par value amounts)	July 31, 2026	January 31, 2026
Assets
Current assets
Cash and cash equivalents	$415,130	$229,441
Restricted cash and cash equivalents, current	1,891	642
Short-term investments	450,288	410,649
Accounts receivable, net of allowance of $0 and $3, respectively	59,870	83,528
Inventories	8,852	6,118
Prepaid expenses and other current assets	62,759	44,984
Total current assets	998,790	775,362
Property and equipment, net	176,090	150,573
Capitalized internal-use software, net	22,051	21,475
Goodwill	142,701	143,452
Intangible assets, net	28,431	26,633
Restricted cash and cash equivalents, non-current	6,607	5,471
Operating lease right-of-use assets	48,871	14,588
Other non-current assets	7,423	8,132
Total assets	$1,430,964	$1,145,686
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable	$10,355	$10,612
Accrued and other current liabilities	56,078	55,874
Deferred revenue	281,215	220,572
Liability from early exercise of stock options	—	1,793
Operating lease liabilities, current	3,622	7,296
Public and private placement warrant liabilities	—	173,308
Total current liabilities	351,270	469,455
Deferred revenue	17,364	27,522
Deferred hosting costs	1,885	4,034
Operating lease liabilities, non-current	46,746	8,300
Convertible notes	448,255	446,884
Other non-current liabilities	1,093	1,060
Total liabilities	866,613	957,255
Commitments and contingencies (Note 8)
Stockholders’ equity
Common stock, $0.0001 par value, 570,000,000, 30,000,000 and 30,000,000 Class A, Class B and Class C shares authorized at July 31, 2026 and January 31, 2026, 340,163,832 and 312,421,506 Class A shares issued and outstanding at July 31, 2026 and January 31, 2026, respectively, 23,493,796 and 22,909,742 Class B shares issued and outstanding at July 31, 2026 and January 31, 2026, respectively, 0 Class C shares issued and outstanding at July 31, 2026 and January 31, 2026	36	34
Additional paid-in capital	2,159,029	1,631,896
Accumulated other comprehensive income	3,372	6,362
Accumulated deficit	(1,598,086)	(1,449,861)
Total stockholders’ equity	564,351	188,431
Total liabilities and stockholders’ equity	$1,430,964	$1,145,686

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.