PL on NYSE

Planet Labs

Logo: Planet Labs, Public domain, via Wikimedia Commons4

American space technology company

Planet Labs PBC (formerly Planet Labs, Inc. and Cosmogia, Inc.), known as "Planet.", is a publicly traded American Earth imaging company based in San Francisco, California. Their goal is to image the entirety of the Earth daily to monitor changes and pinpoint trends. The company designs and manufactures 3U-CubeSat miniature satellites called Doves that are then delivered into orbit as secondary payloads on other rocket launch missions.3 It employed 600 people in 2023.1 Its products include Planet Platform, PlanetScope and SkySat.1 Wikipedia text CC BY-SA 4.0

Price unavailable

Last updated Oct 21, 2026.

Overview

$307.7MRevenue, fiscal 20265
-$246.9MNet income, fiscal 20265
Dec 28, 2010Founded1

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  • TickerPL on NYSE1
  • Industryspace industry1
  • HeadquartersSan Francisco1
  • Websitewww.planet.com
  • Legal formpublic-benefit corporation1
  • Incorporated inDE6
  • Business address645 Harrison Street, Floor 4, San Francisco, Ca 941076
  • Filer categoryLarge accelerated filer6

Planet Labs PBC (formerly Planet Labs, Inc. and Cosmogia, Inc.), known as "Planet.", is a publicly traded American Earth imaging company based in San Francisco, California. Their goal is to image the entirety of the Earth daily to monitor changes and pinpoint trends.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

56.1%Gross margin5
-30.9%Operating margin5
-80.2%Net margin5
25.9%Revenue growth, 20265
-131.0%Return on equity5
$57.6MFree cash flow5

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Regions

North America brought in 26% of the revenue Planet Labs broke down this way in fiscal 2026.

  1. North America$132.0M526%up 11% from 2025
  2. United States$123.9M525%up 13% from 2025
  3. EMEA$103.7M521%up 48% from 2025
  4. Asia Pacific And Japan$59.8M512%up 41% from 2025
  5. Japan$38.0M58%
  6. UA$35.9M57%
  7. Latin America$12.2M52%down 2% from 2025
Regions by year
Regions202420252026
North America$113.5M$119.3M$132.0M
United States$98.7M$109.9M$123.9M
EMEA$60.2M$70.1M$103.7M
Asia Pacific And Japan$37.4M$42.4M$59.8M
Japan$38.0M
UA$35.9M
Latin America$9.6M$12.5M$12.2M

Where the money goes

Where each dollar of revenue went, fiscal 2026

  • Cost of revenue44¢$135.2M
  • Research and development35¢$106.7M
  • Other costs20¢$61.1M
  • Income tax2¢$4.7M

Out of $307.7M in revenue.5 The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

  • Capital spending57¢$76.7M
  • Kept or used elsewhere43¢$57.6M

Out of $134.4M of cash from operations.5

Financial statements

Revenue91011125$307.7M in 2026+221% since 2020
0$100.0M$200.0M$300.0M$400.0M2020: $95.7M$95.7M20202021: $113.2M$113.2M2021+18%2022: $131.2M$131.2M2022+16%2023: $191.3M$191.3M2023+46%2024: $220.7M$220.7M2024+15%2025: $244.4M$244.4M2025+11%2026: $307.7M$307.7M2026+26%
Gross profit91011125$172.5M in 2026
-$50.0M0$50.0M$100.0M$150.0M$200.0M2020: -$6.7M-$6.7M20202021: $25.8M$25.8M20212022: $48.2M$48.2M2022+87%2023: $94.0M$94.0M2023+95%2024: $113.0M$113.0M2024+20%2025: $139.7M$139.7M2025+24%2026: $172.5M$172.5M2026+23%
Operating income91011125-$95.1M in 2026−11% since 2020
-$200.0M-$150.0M-$100.0M-$50.0M02020: -$106.5M-$106.5M20202021: -$87.4M-$87.4M2021−18%2022: -$128.1M-$128.1M2022+46%2023: -$175.7M-$175.7M2023+37%2024: -$169.7M-$169.7M2024−3%2025: -$116.1M-$116.1M2025−32%2026: -$95.1M-$95.1M2026−18%
Net income91011125-$246.9M in 2026+100% since 2020
-$300.0M-$200.0M-$100.0M02020: -$123.7M-$123.7M20202021: -$127.1M-$127.1M2021+3%2022: -$137.1M-$137.1M2022+8%2023: -$162.0M-$162.0M2023+18%2024: -$140.5M-$140.5M2024−13%2025: -$123.2M-$123.2M2025−12%2026: -$246.9M-$246.9M2026+100%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2026-01-312025-01-312024-01-31
Revenue$307.7M$244.4M$220.7M
Cost of revenue$135.2M$104.6M$107.7M
Gross profit$172.5M$139.7M$113.0M
Research and development$106.7M$101.0M$116.3M
Sales and marketing$72.7M$77.7M$86.3M
General and administrative$88.1M$77.1M$80.1M
Total operating expenses$267.6M$255.8M$282.7M
Loss from operations-$95.1M-$116.1M-$169.7M
Interest income$14.3M$10.3M$15.4M
Interest expense-$3.4M-$832.0K$0
Change in fair value of warrant liabilities-$161.4M-$15.1M$13.7M
Other income (expense), net$3.4M$1.1M$931.0K
Total other income (expense), net-$147.1M-$4.6M$30.1M
Total loss before income taxes-$242.2M-$120.7M-$139.7M
Provision for income taxes$4.7M$2.5M$815.0K
Net loss-$246.9M-$123.2M-$140.5M
Basic net loss per share attributable to common stockholders (in USD per share)-$0.80-$0.42-$0.50
Diluted net loss per share attributable to common stockholders (in USD per share)-$0.80-$0.42-$0.50
Basic weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares)307.8M shares292.1M shares279.6M shares
Diluted weighted-average common shares outstanding used in computing net loss per share attributable to common stockholders (in shares)307.8M shares292.1M shares279.6M shares

Compare Planet Labs with another company

Corporate structure

Planet Labs sits at the top of its group. 16 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Planet Labs

  • Planet Labs San Francisco
    • Sinergise Subsidiary · 100%
    • Terra Bella Subsidiary · Mountain View, United States
    • PL Foreign Holdco, Inc. Subsidiary · Delaware, United States
    • Planet Labs Canada ULC Subsidiary · Canada
    • Planet Labs Federal, Inc. Subsidiary · Delaware, United States
    • Planet Labs Geomatics Corp. Subsidiary · Canada
    • Planet Labs Germany GmbH Subsidiary · Germany
    • Planet Labs Japan KK Subsidiary · Japan
    • Planet Labs Netherlands BV Subsidiary · Netherlands
    • Planet Labs Singapore Pte. Ltd. Subsidiary · Singapore
    • Planet Labs UK 2 Ltd. Subsidiary · United Kingdom
    • Sinergise Solutions d.o.o Subsidiary · Slovenia
    • Sinergise Solutions GmbH Subsidiary · Austria
    • Terra Bella Technologies Inc. Subsidiary · Delaware, United States
    • VanderSat B.V. Subsidiary · Netherlands

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Planet Labs reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Computer equipment and software$57.5M5 Jan 31, 2026$51.5M5 Jan 31, 2025+11.6%
Property and equipment, before depreciation$388.6M5 Jan 31, 2026$368.6M5 Jan 31, 2025+5.4%
Accumulated depreciation$238.0M5 Jan 31, 2026$246.8M5 Jan 31, 2025−3.6%
Property and equipment, net$150.6M5 Jan 31, 2026$121.7M5 Jan 31, 2025+23.7%
Operating-lease assets (leased space)$14.6M5 Jan 31, 2026$19.8M5 Jan 31, 2025−26.1%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$229.4M5 Jan 31, 2026$118.0M5 Jan 31, 2025+94.4%
Marketable securities, current$410.6M5 Jan 31, 2026$104.0M5 Jan 31, 2025+294.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$143.5M5 Jan 31, 2026$136.3M5 Jan 31, 2025+5.2%
Intangible assets, net (excluding goodwill)$26.6M5 Jan 31, 2026$27.5M5 Jan 31, 2025−3.0%
Finite-lived intangibles, gross$67.9M5 Jan 31, 2026$63.9M5 Jan 31, 2025+6.1%
Accumulated amortization$42.2M5 Jan 31, 2026$36.2M5 Jan 31, 2025+16.5%
Finite-lived intangibles, net$26.6M5 Jan 31, 2026$27.5M5 Jan 31, 2025−3.0%

Inventory

ItemLatestA year beforeChange
Inventory, total$6.1M5 Jan 31, 2026$05 Jan 31, 2025
Raw materials$1.8M5 Jan 31, 2026$05 Jan 31, 2025
Work in process$05 Jan 31, 2026$05 Jan 31, 2025
Finished goods$4.3M5 Jan 31, 2026$05 Jan 31, 2025

Properties, in its own words

Our corporate headquarters is located in San Francisco, California, and consists of approximately 71,280 square feet, in which all satellite manufacturing, testing, and R&D occurs. Our European offices are located in Berlin, Germany, Haarlem, Netherlands, Ljubljana, Slovenia, and Graz, Austria. Our European offices host portions of our sales and marketing, software engineering, and satellite operation functions. We also have a Washington, D.C., office that serves as the corporate headquarters for our subsidiary, Planet Labs Federal, Inc.

Our office buildings are leased over various lease terms extending until the end of fiscal year 2030. We believe that our office space is adequate for our current needs and should we need additional space, we believe we will be able to obtain additional space on commercially reasonable terms.

Item 2 of the 10-K filed Mar 23, 2026.17

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Planet Labs was founded in 2010 as Cosmogia by former NASA scientists Chris Boshuizen, Will Marshall, and Robbie Schingler, who teamed up with John Kuolt in 2011 during his studies at Oxford University with a thesis to leverage the processing power of mobile phones to power the avionics of a nano-satellite. Mr. Kuolt's EP (Entrepreneurial Project) at Oxford University became the original business plan for Planet. The initial goal of the company was to make use of information gathered from space to help with life on Earth. The group of scientists considered the problem with most satellites to be their large and clunky form, prompting them to build inexpensive and compact satellites to be manufactured in bulk, called CubeSats. The small group began building Planet's first satellite in a California garage.

Planet Labs launched two demonstration CubeSats, Dove 1 and Dove 2, in April 2013. Both Dove 1 (aboard Antares 110 rocket) and Dove 2 (aboard a Soyuz Rocket) were placed in a Sun-synchronous orbit. Dove 3 and Dove 4 were launched in November 2013.

In June 2013, it announced plans for Flock-1, a constellation of 28 Earth-observing satellites.

The Flock-1 CubeSats were brought to the International Space Station in January 2014 and deployed via the NanoRacks CubeSat Deployer in mid-February. The company planned to launch a total of 131 satellites by mid-2015.

In January 2015, the firm raised $95 million in funding. As of May 2015, Planet Labs raised a total amount of $183 million in venture capital financing.

In July 2015, Planet Labs acquired BlackBridge and its RapidEye constellation.

On April 18, 2017, Google completed the sale of Terra Bella and its SkySat satellite constellation to Planet Labs. As part of the sale, Google acquired an equity stake in Planet and entered into a multi-year agreement to purchase SkySat imaging data.

On January 21, 2018, a Dove Pioneer CubeSat was part of the payload of a Rocket Lab Electron rocket, the first orbital-entry craft launched from a privately owned and operated spaceport at Māhia Peninsula in New Zealand.

Read the full text

In July 2018, Planet laid off somewhat less than ten percent of its workforce. In September 2018, the company had launched a total of 298 satellites, 150 of which were still active.

On December 18, 2018, Planet announced they were in the process of acquiring the St Louis company, Boundless Spatial, Inc., a geospatial data software company.

Several weeks after their acquisition of Boundless, Planet's attorneys asserted that executives from Boundless had failed to disclose “information concerning material customer contracts,” and the acquisition was thereafter renegotiated down by more than half, from $40M to $16M. According to Quartz, the executives of Boundless had failed to disclose details concerning work, or details concerning future work, with the NGA.

On 3 July 2020, it was mentioned in the news that the company had "more than 120" active satellites at the time "providing daily imaging coverage over all of the world's landmass".

In August 2020, Planet completed its SkySat Constellation of 21 satellites by launching the final three SkySats on a SpaceX Falcon 9 rocket.

In May 2022, SES Government Solutions (now SES Space & Defense), a wholly owned subsidiary of communications satellite owner and operator, SES, in partnership with Planet Labs, was awarded a US$28.96 million contract from NASA's Communications Services Project for real-time, always-on low-latency connectivity services to NASA spacecraft in low-Earth orbit for routine missions, contingency operations, launch and ascent, and early operations phase communications, using SES's geostationary orbiting C-band satellites and medium Earth orbiting Ka-band satellites, including the O3b mPOWER constellation.

In August 2023, Planet cited "restructuring" as the reason for laying off 10% of its employees, about 120 individuals. CEO William Marshall released a statement saying, "I want to be clear that I am responsible for the decisions that led us here. I know this has significant effects on the lives of our team and their families, and for that I am sorry."

In March 2024, Planet Labs Federal, a subsidiary of Planet Labs, was awarded a contract by NIWC-PAC to incorporate Planet's SkySat and PlanetScope data into SeaVision.

In June 2024, Planet Labs announced a reduction of nearly 17% of its global workforce, equating to approximately 180 jobs. The company stated in a filing with the U.S. Securities and Exchange Commission that the layoffs were necessary to align resources with market opportunities, improve operational efficiency, and support long-term growth and profitability. The decision is expected to incur a one-off cost of around $9.5 million to $10.5 million.

In August 2024, Planet launched its first hyperspectral satellite, Tanager-1, along with 36 SuperDove satellites on the SpaceX Transporter-11 mission. Tanager-1 was developed as part of the Carbon Mapper Coalition to detect and quantify methane and carbon dioxide emissions. The company released the first light images from Tanager-1 in September 2024.

In January 2025, the company launched its second high-resolution Pelican satellite, Pelican-2, on SpaceX's Transporter-12 mission. That same month, Planet signed a multi-year $230 million agreement with SKY Perfect JSAT to build and operate a dedicated constellation of ten Pelican satellites for the Japanese satellite operator.

In July 2025, Planet announced a €240 million contract funded by the German government to provide dedicated satellite capacity and data services for European security and peace-keeping efforts.

In August 2025, the company launched two additional high-resolution satellites, Pelican-3 and Pelican-4.

In September 2025, Planet announced plans to open a new satellite manufacturing facility in Berlin. The facility is intended to double the production capacity of the Pelican satellite fleet and serves as an expansion of the company's European headquarters.

In March 2026, at the request of the US government, Planet imposed restrictions on its imagery during the 2026 Iran War. Initially, images from the Middle East were subject to a 14 day delay. This was later expanded into a complete ban on the release of new imagery of the region. In April 2026, The Washington Post reported that Chinese state media noted MizarVision's use of Planet Labs imaging in its analysis. A representative for Planet Labs stated that MizarVision, a Chinese geospatial analysis company, was not a client and denied the company's ownership of the images in question.

From Wikipedia’s article on Planet Labs, shared under CC BY-SA 4.0.7

Leadership

Who has led Planet Labs, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Masi Niccolo De2021
201520202025
Board members and other officers (15)

Products and brands

  • CubeSat
  • Dove
  • Planet Platform
  • PlanetScope
  • SkySat

Listed on Wikidata.1

Subsidiaries and ownership

Subsidiaries

Subsidiaries (Exhibit 21)

  • PL Foreign Holdco, Inc. Delaware8
  • Planet Labs Canada ULC Canada8
  • Planet Labs Federal, Inc. Delaware8
  • Planet Labs Geomatics Corp. Canada8
  • Planet Labs Germany GmbH Germany8
  • Planet Labs Japan KK Japan8
  • Planet Labs Netherlands BV The Netherlands8
  • Planet Labs Singapore Pte. Ltd. Singapore8
  • Planet Labs UK 2 Ltd. United Kingdom8
  • Sinergise Solutions GmbH Austria8
  • Sinergise Solutions d.o.o Slovenia8
  • Terra Bella Technologies Inc. Delaware8
  • VanderSat B.V. The Netherlands8

From Wikidata.1 The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

  1. Aug 2023Acquired Sinergise1

Employees over time

  • 20236001

Former names

  • dMY Technology Group, Inc. IVDec 28, 2020 to Dec 9, 20216
  • Planet Labs Inc.Jun 24, 2013 to Dec 7, 20211
  • Cosmogia Inc.Dec 28, 2010 to Jun 24, 20131

Timeline

  1. Sep 3, 20268-K Results of operations32
  2. Jul 10, 20268-K Shareholder vote33
  3. Jun 5, 20268-K Entered a material agreement34
  4. Jun 4, 20268-K Results of operations35
  5. May 4, 20268-K Other events36
  6. Mar 27, 20268-K Other events37
  7. Mar 19, 20268-K Results of operations38
  8. Feb 5, 20268-K Unregistered sale of shares; Change to shareholders' rights; Other events39
  9. Jan 23, 20268-K Unregistered sale of shares; Change to shareholders' rights; Other events40
  10. Jan 16, 20268-K Unregistered sale of shares; Change to shareholders' rights; Other events41
  11. Jan 12, 20268-K Regulation FD disclosure42
  12. Dec 10, 20258-K Results of operations43
  13. Dec 8, 2021Went public Listed on NYSE1
  14. Dec 7, 2021Renamed Name changed to Planet Labs PBC1
  15. Mar 5, 2021New chief executive Masi Niccolo De becomes CEO18
  16. Jun 24, 2013Renamed Name changed to Planet Labs Inc.1
  17. Dec 28, 2010Founded Founded1

Calendar

Coming up

  1. Dec 9, 2026Reports results for the quarter ending Oct/2026 A year earlier it reported ($0.19) a share, on Dec 10, 2025.44

When it reported results

  1. Sep 3, 2026Reported quarterly or annual results32
  2. Jun 4, 2026Reported quarterly or annual results35
  3. Mar 19, 2026Reported quarterly or annual results38
  4. Dec 10, 2025Reported quarterly or annual results43
  5. Sep 8, 2025Reported quarterly or annual results45
  6. Jun 4, 2025Reported quarterly or annual results46
  7. Mar 20, 2025Reported quarterly or annual results47
  8. Dec 9, 2024Reported quarterly or annual results48

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

409 filings to the SEC since October 2021: 6 annual reports, 16 quarterly reports, 51 major events, 213 insider forms, 21 large holders, 102 other. The latest 20:

  1. Oct 15, 2026144 EDGAR
  2. Oct 14, 20264 EDGAR
  3. Oct 13, 2026144 EDGAR
  4. Oct 2, 20264 EDGAR
  5. Oct 1, 2026144 EDGAR
  6. Sep 18, 20264 EDGAR
  7. Sep 17, 2026144 EDGAR
  8. Sep 17, 2026144 EDGAR
  9. Sep 17, 20264 EDGAR
  10. Sep 17, 20264 EDGAR
  11. Sep 17, 20264 EDGAR
  12. Sep 3, 202610-Q EDGAR
  13. Sep 3, 20268-K EDGAR
  14. Aug 7, 20264 EDGAR
  15. Jul 29, 2026SCHEDULE 13G/A EDGAR
  16. Jul 24, 20264 EDGAR
  17. Jul 23, 2026144 EDGAR
  18. Jul 16, 20264 EDGAR
  19. Jul 15, 2026144 EDGAR
  20. Jul 14, 20264 EDGAR

The 409 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

41 open-market trades by officers, directors and large owners since October 2021: 6 buys and 35 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 17, 2026Johnson Ashley F.President & CFOSale55,663$16.96$944.0KForm 4
Sep 17, 2026Schingler Robert HCo-Founder Chief Strategy Off.Sale52,240$16.96$886.0KForm 4
Jul 23, 2026Johnson Ashley F.President & CFOSale110,028$22.08$2.4MForm 4
Jul 15, 2026Robinson KristenDirectorSale37,107$25.05$929.5KForm 4
Jul 13, 2026Raymond John wDirectorSale6,494$26.16$169.9KForm 4
Jul 10, 2026Marshall William SpencerCo-Founder and CEOSale200,000$25.92$5.2MForm 4
Jul 10, 2026Schingler Robert HCo-Founder Chief Strategy Off.Sale89,593$25.92$2.3MForm 4
Jul 1, 2026Brennan Ita MDirectorSale11,500$33.00$379.5KForm 4
Apr 15, 2026Brennan Ita MDirectorSale36,500$33.91$1.2MForm 4
Apr 6, 2026Schingler Robert HCo-Founder Chief Strategy Off.Sale73,683$35.07$2.6MForm 4
Apr 6, 2026Marshall William SpencerCo-Founder and CEOSale200,000$35.07$7.0MForm 4
Apr 2, 2026Johnson Ashley F.President & CFOSale200,000$35.10$7.0MForm 4
Jan 22, 2026Gadde VijayaDirectorSale20,000$26.77$535.4KForm 4
Jan 21, 2026Johnson Ashley F.President & CFOSale150,731$27.01$4.1MForm 4
Jan 21, 2026Robinson KristenDirectorSale47,835$26.96$1.3MForm 4
Dec 26, 2025Schingler Robert HCo-Founder Chief Strategy Off.Sale73,782$19.35$1.4MForm 4
Dec 26, 2025Marshall William SpencerCo-Founder and CEOSale200,000$19.36$3.9MForm 4
Nov 11, 2025SMITH GARY BDirectorSale20$12.69$254Form 4
Oct 13, 2025Schingler Robert HCo-Founder Chief Strategy Off.Sale81,656$15.50$1.3MForm 4
Oct 13, 2025Marshall William SpencerCo-Founder and CEOSale200,000$15.50$3.1MForm 4

All 41 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2026William Marshall47$450.0K$4.6M58
2026Ashley Johnson54$425.0K$2.5M58
2026Robbie SchinglerJr.$375.0K$1.7M58
2025Chief Executive$441.7K$4.7M58
2025President and$405.0K$3.4M58
2025Chief Strategy$318.0K$2.2M58
2024Officer$500.0K$6.3M58
2024Chief Financial Officer$405.0K$3.3M58

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
Alphabet Inc.35,248,893$1.2B1.2%No change
BlackRock, Inc.18,482,539$612.3M0.0%−6,984,267
American Century Companies Inc14,399,902$477.1M0.2%+8,586,144
Vanguard Capital Management LLC12,869,821$426.4M0.0%+682,852
Vanguard Portfolio Management LLC11,947,031$395.8M0.0%−257,134
Van Eck Associates Corp9,915,458$328.5M0.2%+1,633,382
D. E. Shaw & Co., Inc.9,747,600$322.9M0.2%+1,776,052
Driehaus Capital Management LLC6,721,154$222.7M1.3%−1,197,539
Geode Capital Management, LLC6,315,701$209.3M0.0%−242,498
State Street Corp5,493,544$182.0M0.0%−1,388,265
UBS Group AG4,545,864$150.6M0.0%+928,839
Invesco Ltd.4,263,633$141.3M0.0%+985,781
Goldman Sachs Group Inc4,045,141$134.0M0.0%−2,180,491
Capricorn Investment Group LLC4,016,886$133.1M0.6%−1,338,961
Norges Bank3,706,569$122.8M0.0%New
Dimensional Fund Advisors LP3,502,075$116.0M0.0%−511,112
Bank Of Montreal /can/3,499,298$115.9M0.0%New
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.3,442,105$113.9M0.1%+3,314,962
Westfield Capital Management Co LP3,428,007$113.6M0.4%+1,790,966
Two Sigma Investments, LP3,267,191$108.2M0.1%−3,492,654
Alliancebernstein L.P.3,833,796$107.2M0.0%−203,999
Arrowstreet Capital, Limited Partnership3,089,347$102.4M0.0%+1,156,966
Mirae Asset Global Investments Co., Ltd.2,682,192$88.9M0.2%+2,583,152
Jane Street Group, LLC2,640,676$87.5M0.1%+2,344,121
Morgan Stanley2,463,974$81.6M0.0%+986,079

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Mar 27, 2025George WhitesidesDemocratic, HouseSale$50,001 - $100,000−254.8%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

SEC filer profile

How Planet Labs is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARPlanet Labs PBC2
  • CIK0001836833
  • Employer ID (EIN)85-429939617
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inDelaware17
  • Fiscal year endsJanuary 312
  • Industry code (SIC)3663 Radio & Tv Broadcasting & Communications Equipment2
  • SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance2
  • Business address645 Harrison Street, Floor 4, San Francisco, CA 941072
  • Phone(415) 829-33132
  • Shares outstanding322,655,231 Common Class A shares; 23,493,796 Common Class B shares as of Mar 17, 202617
  • Public float$1.6B as of Jul 31, 202517
  • AuditorKPMG LLP, San Francisco, California PCAOB ID 185; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceDec 28, 20202
  • Filings456 in all: 4 (200), 8-K (56), 425 (32), 144 (30), 3 (19), 10-Q (17), 424B3 (10), SC 13G (8)2
    All 45 form types

    SC 13G/A (8), 10-K (5), CORRESP (5), DEF 14A (5), EFFECT (5), S-8 (5), SCHEDULE 13G/A (5), DEFA14A (4), UPLOAD (4), POS AM (3), S-4/A (3), 25-NSE (2), DEF 14C (2), DEFA14C (2), PRE 14C (2), S-1 (2), SEC STAFF LETTER (2), 10-K/A (1), 10-Q/A (1), 424B4 (1), 424B5 (1), 8-A12B (1), 8-K/A (1), CERT (1), D (1), DRS (1), NT 10-Q (1), POS EX (1), RW (1), S-1/A (1), S-1MEF (1), S-3/A (1), S-3ASR (1), S-4 (1), SC 13D (1), SCHEDULE 13D/A (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Mar 23, 2026
    Quarterly report (10-Q) Sep 3, 2026
    Proxy statement (DEF 14A) May 27, 2026
    Latest 8-K (8-K) Sep 3, 2026

Securities registered for trading

ClassSymbolExchange
Class A common stock, par value $0.0001 per sharePLNew York Stock Exchange
Warrants to purchase Class A common stock, at an exercise price of $11.50 per sharePL WSNew York Stock Exchange

From the cover page of the 10-K filed Mar 23, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks Planet Labs names in Item 1A of its 10-K filed Mar 23, 2026: 65 risks under these headings, as written.17

  • Our business involves significant risks, some of which are described below. You should carefully consider the risks and uncertainties described below, together with all of the other information contained in this Form 10-K, including “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and the financial statements and the related notes.
  • Risks Related to Our Business and Industry
  • our limited operating history;
  • our history of losses and uncertainty about future profitability;
  • the evolution of the markets for our offerings;
  • our ability to compete effectively in intensely competitive markets;
  • our ability to attract new customers in a cost-effective manner;
  • our ability to manage our international operations;
  • our ability to successfully produce, launch, commission, operate and maintain our satellites and our customers’ and related infrastructure on suitable timelines to our customers;
  • the impact of satellite and infrastructure related failures;
  • our ability to develop new offerings and enhancements that achieve market acceptance;
  • our reliance on contracts with large enterprises and U.S. and foreign governmental entities;
The other 55 risks
  • the impact of disruptions in the U.S. government’s operations and funding;
  • our partial dependency on partnerships and resellers of our imagery;
  • the impact of macroeconomic and geopolitical uncertainties, including trade tensions and tariffs;
  • our reliance on a limited number of suppliers and our ability to establish new supply relationships;
  • our ability to price our offerings effectively;
  • our ability to hire, integrate and retain highly skilled personnel;
  • the effectiveness of actions to develop and expand our sales and marketing capabilities;
  • issues in the use of AI in our business;
  • the impact of climate change;
  • Risks Related to Our Cyber Security, Data Privacy and Intellectual Property
  • our or our third-party service providers' ability to protect against cybersecurity related attacks;
  • our ability to protect our intellectual property;
  • any legal proceedings or claims against us relating to intellectual property;
  • our use of open source software;
  • our use of data relating to individuals;
  • our policies regarding customer confidential information;
  • Risks Related to Financial, Accounting, and Tax Matters
  • our ability to raise capital;
  • changes in tax rules and regulations;
  • our ability to use our net operating losses;
  • the accuracy of our key metrics, and assumptions and estimates used to calculate them;
  • changes in accounting standards that may cause adverse financial reporting fluctuations;
  • the accuracy of our estimates and judgments related to our critical accounting policies;
  • changes in our investment portfolio;
  • exposure to foreign currency exchange rate fluctuations;
  • Risks Related to Legal and Regulatory Matters
  • our ability to operate in a highly regulated industry and obtain and maintain required government licenses and other authorizations, including those necessary to launch and operate space and ground infrastructure for ourselves and for our customers;
  • our ability to adapt to legislative and regulatory changes that affect our business
  • our ability to comply with the National Industrial Security Program Operating Manual;
  • our ability to comply with anti-corruption, anti-bribery, anti-money laundering, and similar laws;
  • our ability to comply with international trade and governmental export and import controls and economic sanctions laws and regulations;
  • failure to comply with governmental laws and regulations;
  • Additional Risks Related to Ownership of Our Securities and Operating as a Public Company
  • volatility of the trading price of our securities;
  • the multi-class structure of our common stock;
  • securities or industry analysts changing their recommendations regarding our Class A common stock;
  • anti-takeover provisions contained in our governing documents and the exclusive forum provision in our certificate of incorporation; and
  • our status as a Delaware public benefit corporation.
  • Risks Related to Our Indebtedness
  • servicing our indebtedness;
  • provisions in the Indenture governing our 2030 Notes; and
  • counterparty risk with respect to the Capped Call Transactions.
  • We have a history of operating losses and limited history operating at our current scale and under our current strategy, which makes it difficult to predict future operating results, and we may not achieve our expected operating results or achieve or sustain profitability.
  • If the market for our offerings fails to grow as we expect or takes longer than we expect to grow, or if our current customers or prospective customers fail to adopt our offerings, our business, financial condition and results of operations could be harmed.
  • There is increasing competition from commercial entities and governments in our markets, and if we do not compete effectively, our business, financial condition and results of operations could be harmed.
  • We may fail to cost-effectively acquire new customers or obtain renewals and expansions from our existing customers, which would adversely affect our business, financial condition, and results of operations.
  • Our international operations create operational, compliance and economic risks that could impact our financial results.
  • Our ability to grow our business depends on the successful development, production, launch, commissioning and/or operation of our satellites and related infrastructure, which is subject to many uncertainties, some of which are beyond our control.
  • We have in the past and may continue to experience a number of issues, such as delayed launches, launch failures, failure of our satellites to reach their planned orbital locations, significant increases in the cost of satellite launches, and insufficient capacity available from satellite launch providers. Any such issue could result in the loss of our satellites or cause significant delays in their deployment, which could harm our business, prospects, financial condition and results of operations.
  • If our satellites fail to operate as intended, are destroyed or otherwise become inoperable, our ability to collect imagery and market our offerings successfully could be materially and adversely affected and customers could be encouraged to seek alternative solutions even if less adequate.
  • We have experienced in the past and may continue to experience failures or disruptions of ground operations infrastructure or interference with our satellite signals, which could harm our business, prospects, financial condition and results of operations.
  • If we are unable to develop and release platform and service enhancements and new offerings to respond to rapid technological change, or to develop new designs and technologies for our satellites, satellite services and other offerings in a timely and cost-effective manner, our business, financial condition and results of operations could be harmed.
  • A meaningful portion of our business depends on sales to large enterprises and U.S. and foreign governmental entities, which are subject to a number of challenges and risks that may make our sales cycle, forecasting processes, and deployment processes more difficult to predict, require greater time and expense or negatively impact our business.
  • A meaningful portion of our business depends on sales to governmental entities and is subject to the policies, priorities and regulations of such governmental entities, changes to which could adversely affect our business, results of operations, financial condition, and business prospects.
  • Disruptions in U.S. government operations and funding could have a material and adverse effect on our revenues, earnings and cash flows and otherwise adversely affect our financial condition.
  • If we are not successful in maintaining and expanding the interoperability of our products with third-party products and services, our business, financial position, and operating condition and results of operations could be harmed.
  • Our revenue, results of operations and reputation may be negatively impacted if our products fail to meet contractual requirements or our products contain defects or fail to operate in the expected manner.
  • We are partially dependent on resellers of our imagery and partnerships for a portion of our revenue. If these resellers or partners fail to market or sell our offerings successfully, our business would be harmed.
  • Downturns or volatility in macroeconomic conditions and/or uncertainty in the political environment could have a material and adverse effect on our business, financial condition, results of operations and liquidity.
  • We rely on a limited number of third-party suppliers for critical supplies and services, cloud-based infrastructure and for research, development, manufacturing and launch of our satellites, and disruptions to our supply chain or supply relationships could cause delays in satellite manufacturing, launch and operation, or costs could be greater than we expected which has and could continue to adversely affect our business.
  • We rely upon third-party providers of cloud-based infrastructure to host our products. Any disruption in the operations of these third-party providers, limitations on capacity or interference with our use could adversely affect our business, financial condition and results of operations.
  • We have limited experience with respect to determining the optimal prices and pricing structures for our offerings, which may impact our business, financial results and results of operations.
  • The loss of one or more of our key personnel, or our failure to attract, hire, retain and train other highly qualified personnel in the future, could harm our business, financial condition and results of operations.
  • Failure to effectively develop and expand our sales and marketing capabilities could harm our ability to increase our customer base and achieve broader market acceptance of our offerings.
  • We have substantial customer concentration, with a limited number of customers accounting for a substantial portion of our revenues and accounts receivable.
  • We have experienced, and expect to continue to experience, seasonality in our business and fluctuations in our operating results due to usage-based contracts.
  • Technological developments or other changes in our industry could render our satellites, or any of their components, less competitive or obsolete, which may seriously harm our business.
  • Our business depends on a strong brand. If we are not able to maintain and enhance our brand, our ability to retain or expand our base of customers will be impaired and our business and operating results will be harmed.

Legal proceedings

See discussion under the heading Legal Proceedings in Note 10 to the consolidated financial statements included in Part II, Item 8 of this Annual Report on Form 10-K.

The opening of Item 3, Legal Proceedings.17

Sources

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