Planet Labs PBC

For the period ended Jul 31, 2025. Filed Sep 8, 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.

Jul 31, 2025 · Filed Sep 8, 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 Operations

Condensed Consolidated Statements of Operations (Unaudited)

	Three Months Ended July 31,		Six Months Ended July 31,
(in thousands, except share and per share amounts)	2025	2024	2025	2024
Revenue	$73,386	$61,092	$139,651	$121,532
Cost of revenue	31,118	28,782	60,780	57,539
Gross profit	42,268	32,310	78,871	63,993
Operating expenses
Research and development	24,155	27,250	47,229	52,839
Sales and marketing	17,574	23,733	33,888	45,218
General and administrative	18,499	20,904	38,485	40,084
Total operating expenses	60,228	71,887	119,602	138,141
Loss from operations	(17,960)	(39,577)	(40,731)	(74,148)
Interest income	2,172	2,771	4,056	5,878
Change in fair value of warrant liabilities	(5,679)	(602)	4,708	928
Other income (expense), net	(628)	(363)	(1,828)	720
Total other income (expense), net	(4,135)	1,806	6,936	7,526
Loss before provision for income taxes	(22,095)	(37,771)	(33,795)	(66,622)
Provision for income taxes	497	897	1,425	1,339
Net loss	$(22,592)	$(38,668)	$(35,220)	$(67,961)
Basic and diluted net loss per share attributable to common stockholders	$(0.07)	$(0.13)	$(0.12)	$(0.23)
Basic and diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders	304,129,204	290,364,319	302,230,578	289,328,033

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.