Planet Labs PBC (PL) FinancialsPLPlanet Labs PBC

Evaluating the bottom line, Planet Labs PBC maintains a gross margin of 56.55%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -11.64%, while the net margin is -8.06%. These profitability ratios, combined with a Return on Equity (ROE) of -71.97%, provide a clear picture of how effectively PL converts its operational activities into shareholder value.

In the context of the broader market, PL competes directly with industry leaders such as TENB and HTFL. With a market capitalization of $4.93B, it holds a significant position in the sector. When comparing efficiency, PL's gross margin of 56.55% stands against TENB's 77.81% and HTFL's 83.00%. Such benchmarking helps identify whether Planet Labs PBC is trading at a premium or discount relative to its financial performance.

Planet Labs has shown fluctuating revenue growth, with Q3 2026 revenue at $81,254,000, but it has been struggling with net income losses, reaching -$59,185,000 in Q3 2026. Gross margin is declining, currently at 56.79%, which is concerning for long-term profitability.