Planet Labs PBC
For the period ended Apr 30, 2025. Filed Jun 4, 2025.
View on SEC.govAbout 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.
Apr 30, 2025 · Filed Jun 4, 2025
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2024-10-31; filed 2024-12-09.
0001836833-24-000118
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior SecuritiesMine Safety DisclosuresCurrent report: 10-Q
Period ended 2025-04-30; filed 2025-06-04.
0001836833-25-000063
Item 1A. Risk FactorsUnregistered Sales of Equity Securities and Use of ProceedsDefaults Upon Senior Securities Mine Safety DisclosuresThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 11 previous paragraphs and 396 current paragraphs.
7 unchanged; 0 reworded; 388 added; 4 removed; 0 previous and 1 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Added paragraphs (388)
Current report
Our business involves significant risks, some of which are described below. You should carefully consider the risks and uncertainties described below, together with all of the other information contained in this Form 10-Q, including “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the financial statements and the related notes.
Current report
Below is a summary of the principal risk factors that could adversely affect our business. This summary does not address all the risks that we face. These risks are discussed more fully in the “Risk Factors” section of this Form 10-Q immediately following this summary. These risks include the following:
Current report
•our history of losses and uncertainty about future profitability;
Current report
•our ability to compete effectively in intensely competitive markets;
Current report
•our ability to attract new customers in a cost-effective manner;
Current report
•our ability to manage our international operations;
Current report
•our ability to successfully produce, launch, commission, operate and maintain our satellites and our customers’ and related infrastructure on suitable timelines to our customers;
Current report
•the impact of satellite and infrastructural related failures;
Current report
•our ability to develop new products and enhancements that achieve market acceptance;
Current report
•our reliance on contracts with large enterprises and U.S. and foreign governmental entities;
Current report
•the impact of disruptions in the U.S. government’s operations and funding;
Current report
•our partial dependency on partnerships and resellers of our imagery;
Current report
•the impact of macroeconomic and geopolitical uncertainties, including trade tensions and tariffs;
Current report
•our reliance on a limited number of suppliers and our ability to establish new supply relationships;
Current report
•our ability to price our products and services effectively;
Current report
•our ability to hire, integrate and retain highly skilled personnel;
Current report
•the effectiveness of actions to develop and expand our sales and marketing capabilities;
Current report
Risks Related to Our Cyber Security, Data Privacy and Intellectual Property
Current report
•our or our third-party service providers ability to protect against cybersecurity related attacks;
Current report
•our ability to protect our intellectual property;
Current report
•any legal proceedings or claims against us relating to our intellectual property;
Current report
•our policies regarding customer confidential information;
Current report
Risks Related to Financial, Accounting, and Tax Matters
Current report
•the accuracy of our key metrics, and assumptions and estimates used to calculate them;
Current report
•changes in accounting standards that may cause adverse financial reporting fluctuations;
Current report
•the accuracy of our estimates and judgments related to our critical accounting policies;
Current report
•exposure to foreign currency exchange rate fluctuations;
Showing the first 40 of 388 passages. Open the source sections for the rest.
Removed paragraphs (4)
Previous report
In addition to the other information set forth in this Quarterly Report on Form 10-Q, you should carefully consider the factors discussed in Part I, Item 1A, "Risk Factors" in our Annual Report on Form 10-K, for the fiscal year ended January 31, 2024. Other than the risk factor set forth below, there have been no material changes in our risk factors from those disclosed in our Annual Report on Form 10-K.
Previous report
None, other than the shares repurchased pursuant to net settlement by employees in satisfaction of income tax withholding obligations incurred through the vesting of restricted stock units.
Rearranged current paragraphs (1)
Current report — wording carried from elsewhere
Additional Risks Related to Ownership of Our Securities and Operating as a Public Company