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Planet Labs PBC (PL)
NYSE:PL
Earnings Data
Report Date
Jun 05, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.05Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: -10.61%
|Next Earnings Date:Jun 05, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a positive outlook with record-breaking revenue and growth, significant contracts like the JSAT deal, and advancements in satellite launches and AI collaborations. However, challenges in the commercial sector and ongoing financial adjustments were noted.Company Guidance
During Planet Labs PBC's fiscal fourth quarter and full year 2025 earnings call, the company provided guidance indicating strong progress and future growth prospects. They reported a record $244.4 million in revenue for the year, an 11% year-over-year increase, and achieved their first adjusted EBITDA-positive quarter in Q4. The backlog rose to nearly $0.5 billion, marking a 100% year-over-year increase. Looking ahead, Planet Labs aims to double its revenue growth rate by fiscal year 2027 compared to fiscal 2026, supported by a significant $230 million contract with JSAT and new AI-enabled solutions. The company also plans to launch nearly 100 satellites over the next two years, with an expected capital expenditure of $50 million to $65 million for fiscal year 2026. They project fiscal year 2026 revenue to be between $260 million and $280 million, with non-GAAP gross margins of 55% to 57%. Adjusted EBITDA loss is anticipated to be between $13 million and $7 million, and the company expects to reduce its cash burn by 50%, aiming for positive cash flow within 24 months.Record Revenue and Growth
Planet Labs achieved a record $244.4 million in revenue, representing 11% year-over-year growth. Non-GAAP gross margin for the year was a record 60%, up from 54% a year ago.
Major Contract with JSAT
Planet Labs signed a landmark $230 million commercial agreement with JSAT to build, launch, and operate a constellation of 10 high-resolution Pelican satellites.
Defense and Intelligence Sector Growth
Revenue from the defense and intelligence sector grew more than 20% for the fiscal year 2025, with notable contracts including a prototype for the Defense Innovation Unit and a seven-figure ACV renewal by the DoD.
Pelican and Tanager Satellite Launches
Launched 74 satellites into orbit, including the successful launch of Pelican 2, which is performing well and provides valuable insights.
AI and Data Platform Innovations
Planet Labs is collaborating with Anthropic to explore opportunities with AI, aiming to enhance model accuracy and deliver new capabilities. Released a physics-based resolution sharpening technique in Q4.
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PL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 20, 2025 | $4.24 | $3.79 | -10.61% |
| Dec 09, 2024 | $4.04 | $3.87 | -4.21% |
| Sep 05, 2024 | $2.48 | $1.78 | -28.23% |
| Jun 06, 2024 | $1.82 | $2.02 | +10.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Planet Labs PBC (PL) report earnings?
Planet Labs PBC (PL) is schdueled to report earning on Jun 05, 2025, TBA Not Confirmed.
What is Planet Labs PBC (PL) earnings time?
Planet Labs PBC (PL) earnings time is at Jun 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PL EPS forecast?
PL EPS forecast for the fiscal quarter 2026 (Q1) is -0.03.
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