Planet Labs PBC (PL) Form 10-Q — Jun 5, 2026
Planet Labs PBC reported first-quarter fiscal 2027 revenue of $94.2 million, a 42% increase year-over-year, driven primarily by a surge in Defense & Intelligence contracts which accounted for $61.4 million of total revenue. The company posted a net loss of $138.9 million, significantly wider than the $12.6 million loss in the prior year period, largely due to a $106.5 million non-cash loss from the change in fair value of warrant liabilities as public warrants were redeemed or exercised. Cash position strengthened to $368.1 million, supported by $107.8 million in proceeds from warrant exercises.
Key figures
- Revenue
- 94150000
- Total Debt
- 447569000
- Revenue Yoy
- 42%
- Cash Position
- 368090000
- Operating Cash Flow
- 15440000
- Warrant Liability Loss
- 106474000
- Convertible Notes Principal
- 460000000
- Remaining Performance Obligations
- 816000000
Price after filing
Close on the filing date to close N calendar days later (from $43.53). Historical, not a forecast.
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