Planet Labs PBC

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Unless the context otherwise requires, the “Company”, “Planet”, “we”, “our”, “us” and similar terms refer to Planet Labs PBC, a Delaware public benefit corporation (f/k/a dMY Technology Group, Inc. IV, a Delaware corporation), and its consolidated subsidiaries.

Cautionary Note Regarding Forward Looking Information

This Quarterly Report on Form 10-Q for the quarter ended July 31, 2026 (the “Form 10-Q” or “this report”) includes statements that express Planet’s opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “seek,” “may,” “will,” “could,” “can,” “should,” “would,” “believes,” “predicts,” “potential,” “strategy,” “opportunity,” “aim,” “continue,” and similar expressions or the negative thereof, or discussions of strategy, plans, objectives, intentions, estimates, forecasts, outlook, assumptions, or goals, are intended to identify such forward-looking statements. Forward-looking statements appear in a number of places throughout this report and include statements regarding our intentions, beliefs or current expectations concerning, among other things, our results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Planet operates. Factors that may impact such forward-looking statements include:

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our future financial performance, including expectations regarding our revenue, cost of revenue, operating expenses, capital expenditures, cash flows and our ability to achieve profitability;

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our ability to attract and retain customers, including our ability to renew existing contracts and expand our relationships with existing customers;

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our expectations regarding the value of our offerings to our customers over time;

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our expectations regarding market growth, including our ability to grow in existing markets and expand into new markets;

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our expectations regarding our data set and business model, including our satellite services model: and our ability to improve our data and offer software and analytic solutions to improve the value of our data;

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our expectations regarding our satellite operations and our satellites' orbital maneuver lives;

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our expectations regarding our satellite services contracts and our ability to enter into new agreements for our satellite services;

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our expectations regarding our investment in our sales and marketing, software platform development, machine learning, artificial intelligence and analytic tools as well as our applications and new satellite technologies;

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our relationships with third-party partners, vendors and solution providers;

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our expectation regarding our competition;

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our ability to manage risks and challenges associated with our financial condition and results of operations;

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our expectations regarding macroeconomic uncertainty and the geopolitical environment, including trade tensions and tariffs;

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our expectations regarding climate change and its effects;

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our expectations regarding the future impact of funding, policies, priorities and regulations of our government customers;

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our expectations regarding the future impact of seasonality on our business;

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our management of future growth and business operations;

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our expectations regarding the realization of our U.S. and foreign deferred tax assets;

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our expectations regarding our 2030 Notes;

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our expectations regarding the ATM Equity Offering;

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our expectations regarding U.S. and foreign government regulations and penalties;

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our ability to maintain, protect and enhance our intellectual property; and

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the expenses associated with being a public company.

The foregoing list may not contain all of the forward-looking statements made in this Form 10-Q. Such forward-looking statements are based on available current market material and our current expectations, beliefs and forecasts concerning future events and their potential effects on Planet. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties, and other factors, including those described in Part II, Item 1A “Risk Factors” of this Quarterly Report, as well as the other documents filed by us from time to time with the U.S. Securities and Exchange Commission (“SEC”). We operate in a rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties that could have an impact on the forward-looking statements contained in this Form 10-Q. We cannot assure you that the results, events, and circumstances reflected in the forward-looking statements will be achieved or occur, and actual results, events, or circumstances could differ materially from those described in the forward-looking statements.

The forward-looking statements contained in this Form 10-Q are based on information available to us at the time of filing of this Form 10-Q and relate only to events as of the date on which the statements are made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.