Financial Performance - Planet achieved record revenue of $73.4 million in Q2'26[16] - The company's Non-GAAP Gross Margin was 61% in Q2'26[16] - Adjusted EBITDA was $6.4 million in Q2'26[16] - Free Cash Flow year-to-date reached $54.3 million[16] - The company holds $271.5 million in Cash, Cash Equivalents, and Short-Term Investments[16] Business Growth - Backlog grew 245% year-over-year, reaching $736 million[39] - Revenue increased 20% year-over-year, reaching $73 million[40] - Over 90% of contracts are annual or multi-year[16] Strategic Initiatives - Planet successfully launched 2 high-resolution Pelican satellites[17, 20] - The company is focused on bringing next-generation high-resolution and hyperspectral data to market[58, 62] - Planet aims to drive strong and predictable revenue growth and expand gross margin with its one-to-many data subscription model[58]

The Earth imaging company operates hundreds of satellites in space. ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number 001-40166 Planet Labs PBC Indicate by check mark whether the registrant has submit ...

Exhibit 99.1 Planet Reports Financial Results for Second Quarter of Fiscal Year 2026 Delivered Record Revenue in Q2 of $73.4 million, Up +20% YoY Increased RPOs +516% YoY to $690.1 Million; Backlog +245% YoY to $736.1 Million Generated $85.1 Million of Year-to-Date Net Cash Provided by Operating Activities Delivered Year-to-Date Positive Free Cash Flow of $54.3 Million Successfully Launched 2 High Resolution Pelican Satellites San Francisco, CA – September 8, 2025 – Planet Labs PBC (NYSE: PL) ("Planet" or t ...

Sep 8, 2025 7:05 AM Eastern Daylight Time Planet Reports Financial Results for Second Quarter of Fiscal Year 2026 Share Delivered Record Revenue in Q2 of $73.4 million, Up +20% YoYIncreased RPOs +516% YoY to $690.1 Million; Backlog +245% YoY to $736.1 MillionGenerated $85.1 Million of Year-to-Date Net Cash Provided by Operating ActivitiesDelivered Year-to-Date Positive Free Cash Flow of $54.3 MillionSuccessfully Launched 2 High Resolution Pelican Satellites SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (N ...

Group 1 - Planet Labs PBC is set to release its second-quarter earnings results on September 8, with analysts predicting a loss of 4 cents per share, an improvement from a loss of 6 cents per share a year ago [1] - The expected quarterly revenue for Planet Labs is $65.93 million, up from $61.09 million in the same quarter last year [1] - On July 1, Planet Labs announced significant contract wins, including a €240 million contract from Germany for data and AI services, which includes multi-year annual renewals [2] Group 2 - Cantor Fitzgerald analyst Colin Canfield has an Overweight rating on Planet Labs, raising the price target from $6.3 to $8.5 [5] - Citigroup analyst Jason Gursky maintained a Buy rating and increased the price target from $5 to $7 [5] - Goldman Sachs analyst Noah Poponak downgraded the stock from Buy to Neutral, cutting the price target from $6 to $3.5 [5]

Group 1 - Planet Labs PBC has achieved positive operating cash flow, marking a significant milestone for the company [1] - The increase in capital expenditures (CapEx) has led to a substantial improvement in free cash flow [1] - The company is described as operating in a lean and efficient manner, which contributes to its financial performance [1]

Core Insights - The article does not provide specific company or industry insights, focusing instead on disclosures and disclaimers related to investment positions and advice [1][2] Group 1 - There are no stock, option, or similar derivative positions held by the analyst in any mentioned companies [1] - The article expresses personal opinions and is not compensated beyond Seeking Alpha [1] - The views may not reflect those of Seeking Alpha as a whole, and the analysts may not be licensed or certified [2]

Company Performance - Planet Lab shares have risen nearly 7% this week, contributing to a 62% year-to-date increase and a 200% increase over the past 12 months [1] Strategic Partnerships & Deals - Planet Lab has recently secured multiple deals with entities including Germany, NATO, and several branches of the US Defense Department [1] - Planet Lab extended an existing deal this week [1] - Planet Lab has a partnership with Nvidia [4] Technological Advancements & Data Analysis - Planet possesses an archive of 3,000 images for every point on Earth's landmass, enabling change analysis over time [2] - Planet's daily scan and eight-year archive are critical for training AI about the real world [3] - AI is leveraging Planet's deep archive to understand the real world, moving beyond text-based internet data [3] Market Trends & Geopolitical Landscape - The changing geopolitical landscape and advancements in AI are enabling countries to understand threats [1] - Increased spending on defense and space is observed in the US and Europe [5] - Countries are moving with unprecedented clarity, speed, and urgency to enhance their security [6] Applications of Satellite Imagery - Planet released public images of the damage to the Aluded US military base in Qatar following Iranian strikes [4] - Satellite images have become powerful tools of information [4]

Group 1: Rocket Lab - Rocket Lab joined the Russell 1000 index, indicating a significant increase in market capitalization [2] - Keybanc analyst Michael Leshock maintained an Overweight rating on Rocket Lab stock and raised the price target from $29 to $40 [2] Group 2: NASA and Netflix Partnership - NASA and Netflix announced a partnership to stream NASA+ live programming, aiming to inspire future generations [3] - The partnership will introduce new programming, aligning with NASA's mission to share its story of space exploration [3] Group 3: Planet Labs - Planet Labs shares surged after securing major contracts with global defense and intelligence agencies, including a €240 million contract from Germany [4] - The U.S. Defense Innovation Unit expanded its contract with Planet Labs for AI-driven alerts for the Indo-Pacific Command [5] - Planet Labs also secured a seven-figure expansion with the U.S. Navy and a separate seven-figure deal with NATO for monitoring [5] - Planet Labs stock is up more than 60% year-to-date [5]