Planet Labs

Planet Labs PBC provides daily data and insights about earth. It offers a web-geo platform with satellite data available and foundational analytics to derive insights to make decisions. The company is founded by William S. Marshall and Robert H. Schingler in 2010 and is headquartered in San Francisco, CA.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2024

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PL (PL) reports solid Q1 results but revises guidance

PL (PL) reported solid Q1 financial results but faced headwinds in April and May, leading to a revision of guidance for the year. The company is streamlining and focusing on high ROI business areas, while challenges include elongated sales cycles and government budget constraints. Opportunities lie in leveraging unique data for AI applications and being a natural consolidator in the data business.

Planet Labs PBC reports 11% revenue growth, faces deal closure delays

Planet Labs PBC reported strong revenue growth and exceeded non-GAAP gross margin expectations. However, challenges include delays in deal closures and a reduction in the revenue forecast due to delays in large government opportunities. The company is focusing on organizational changes, product developments, and cost-cutting measures to drive sustainable long-term growth and profitability.

Planet Labs PBC Reports Record Q3 Revenue and Government Market Strength

Planet Labs PBC achieved record revenue and demonstrated strength in government markets, while facing challenges in extended sales cycles and macro-driven headwinds in the commercial market. The company is focused on driving higher growth rates and improving execution to capitalize on a diverse global pipeline of opportunities.

Planet Labs exceeds targets, eyes profitability amid strategic acquisitions

Planet Labs delivered robust financial performance, highlighted by revenue growth and strategic acquisitions. Challenges include achieving profitability and managing legacy contracts. Opportunities exist in government sectors, expanding customer base, and disciplined financial management.

Planet Labs reports robust Q1 earnings, eyes AI for growth

Planet Labs' Q1 performance reflects strong revenue growth and margin expansion, supported by diverse customer base and strategic partnerships.
While facing challenges from recent headwinds and elongated sales cycles, the company is optimistic about leveraging AI and sustainability for growth.
Efforts to reduce expenses and prioritize key investments signal a strategic focus on profitability and sustainable growth for Planet Labs.

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BERLIN & SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC, a leading provider of daily data and insights about Earth, today announced that its wholly owned subsidiary, Planet Labs Germany GmbH, has signed a new contract with the German Federal Agency for Cartography and Geodesy (BKG) to provide the agency with daily, high-resolution satellite data for crisis response, environmental and nature conservation, as well as forest and agricultural monitoring. Access to Planet's satellite data will help

Planet Signs Contract to Provide German Federal Agencies With Daily Satellite Imagery

After a huge price drop, PL is currently consolidating above $3 and becoming attractive with its sustainable top line outlook. The company enjoys growing earth observation satellites and getting brand awareness momentum with its growing partnerships in different industries.

Planet Labs: Consolidating, Enjoys More Partnerships And Wins EOCL Contract

Planet Labs PBC is a promising company that certainly deserves a place on the watch list, as it is a very unique company. We do not currently see a clear path to profitability, and as such, it is difficult to value the company and to determine whether it is expensive or not.

Planet Labs: Wait Until Profitability Is In Sight

Planet Labs uses shoebox-sized satellites to send back real-time images of the Earth every day.

Why more Planet Labs' shoebox-sized satellites are headed into orbit on SpaceX rockets

Is accelerating sales growth a good enough reason to own this stock?

Planet Labs Grows Quickly. Its Stock -- Not So Much.

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Planet is growing sales just fine, but profits remain elusive.

Why Planet Labs Stock Plunged on Wednesday

Planet Labs (NYSE: PL) shares are trading lower Wednesday after the company reported worse-than-expected earnings results. Planet Labs said first-quarter revenue increased 26% year-over-year to $40.1 million, which beat the estimate of $39.5 million, according to data from Benzinga Pro.

Why Planet Labs Stock Is Falling

Planet Labs PBC (NYSE:PL ) Q1 2023 Results Earnings Conference Call June 15, 2022 5:00 PM ET Company Participants Chris Genualdi - Vice President of Investor Relations Will Marshall - Co-Founder and Co-Chief Executive Officer Ashley Fieglein Johnson - Chief Financial and Operating Officer Conference Call Participants Ryan Koontz - Needham & Co. Jeff Van Rhee - Craig-Hallum Capital Mike Latimore - Northland Capital Markets Chris Quilty - Quilty Analytics Noah Poponak - Goldman Sachs Caleb Henry - Quilty Analytics Operator Good afternoon and thank you for attending today's Planet Labs PBC First Quarter of Fiscal 2023 Earnings Call. My name is Jayson and I'll be the moderator for today's call.

Planet Labs PBC (PL) CEO Will Marshall on Q1 2023 Results - Earnings Call Transcript

Planet Labs (NYSE: PL) shares are trading lower in Tuesday's after-hours session after the company reported mixed financial results. Planet Labs said first-quarter revenue increased 26% year-over-year to $40.1 million, which beat the estimate of $39.5 million, according to data from .

After-Hours Action: Why Planet Labs Stock Is Sliding

SAN FRANCISCO & MONHEIM, Germany--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, and Bayer, a global company with core competencies in the life science fields of healthcare and nutrition, today announced an expansion of their strategic relationship. This expansion signals a significant scale up between the two companies. In addition to licensing Planet's Fusion product, Planet will provide SkySat data and professional services to Bayer to

Planet and Bayer Expand Strategic Relationship

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for its fiscal first quarter for the period ended April 30, 2022, demonstrating accelerated growth and the momentum of its unique data subscription business. “Our results for the first quarter are strong across the board and show continued acceleration of growth. Our products are unique to the industry and we see inc

Planet Reports Financial Results for First Quarter of Fiscal Year 2023

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The three major U.S. equity indexes tanked Monday, with the S&P 500 Index entering bear market territory after dropping 3.90%.

Earnings Previews: Commercial Metals, Jabil, Kroger, Planet Labs

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Investors are still crunching numbers and figuring how much more Maxar, BlackSky, and Planet are worth today.

Why Space Stocks Are Shooting for the Moon Today

Three satellite imaging companies are in line to receive billions of dollars from the National Reconnaissance Office over the next decade, thanks to a string of contracts announced today.

NRO strikes multibillion-dollar deals with BlackSky, Maxar and Planet for spy satellite imagery

Communications and networking companies Maxar Technologies Inc (NYSE:MAXR), Blacksky Technology Inc (NYSE:BKSY), and Planet Labs PBC (NYSE:PL) were each awarded multi-year contracts with the National Reconnaissance Office, an agency within the U.S. Department of Defense.

Bulls Orbiting 3 Satellite Names on Defense Contract Buzz

A massive contract from the National Reconnaissance Organization will put billions in the pockets of new and established Earth observation companies BlackSky and Planet, and the more generalist Maxar. The “Electro-Optical Commercial Layer” contracts will be paid out over the next 5-10 years.

Spy agency pumps billions into orbital imagery companies BlackSky, Maxar and Planet

Specific financial terms weren't disclosed, but the National Reconnaissance Office said the deal is its largest-ever commercial imagery contract.

Satellite stocks Maxar, BlackSky and Planet Labs soar as Pentagon spy agency awards multibillion-dollar deal

Planet Labs PBC (NYSE: PL) shares are trading higher Wednesday after the company announced it was awarded an Electro-Optical Commercial Layer contract by the U.S. National Reconnaissance Office (NRO). The contract will allow the NRO to access Planet's high and medium.

Why Is Planet Labs Stock Surging Today?

And why BlackSky and Maxar Technologies are both joining Planet up there.

Why Planet Labs Stock Went to the Moon Today

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that the National Reconnaissance Office (NRO) has selected Planet Labs Federal, Inc. (Planet Federal), Planet's wholly owned subsidiary, for an award to the Electro-Optical Commercial Layer (EOCL) contract. EOCL is the U.S. government's industry-defining procurement vehicle for unclassified commercial satellite imagery and represents the Federal government's sig

US Government Awards Planet EOCL Contract

The National Reconnaissance Office announced contracts worth billions over the next decade to satellite imagery companies Maxar, Planet and BlackSky.

National Reconnaissance Office announces satellite imagery contracts worth billions to Maxar, Planet and BlackSky

SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, today announced that their PlanetScope data is now available through Leaf, an agricultural data infrastructure company. Through Leaf's imagery service, developers can access Planet's satellite imagery to better inform their agricultural products. Leaf's unified farm data API helps streamline farm data integrations into a standardized format. With Leaf, software developers build

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