U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 150 points on Monday.Following the market opening Monday, the Dow traded down 0.20% to 45,310.19 while the NASDAQ rose 0.70% to 21,851.83. The S&P 500 also rose, gaining, 0.20% to 6,494.70.Check This Out: Casey’s Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate AnalystsLeading and Lagging SectorsInformation technology shares jumped by 1.1% on Monday.In trading on Monday, real estate st ...

Planet Labs (NYSE:PL) Q2 2026 Earnings Call September 08, 2025 08:30 AM ET Company ParticipantsChris Genualdi - VP - IR & GTM StrategyWill Marshall - Co-Founder, CEO & DirectorAshley Fieglein Johnson - President & CFOColin Canfield - DirectorGreg Pendy - DirectorCaleb Henry - Director of ResearchConference Call ParticipantsTrevor Walsh - Director & Senior Equity Research AnalystMike Latimore - MD & Senior Research AnalystRyan Koontz - MD - Research AnalystDaniel Hibshman - Research AnalystChris GenualdiBy c ...

Financial Data and Key Metrics Changes - The company generated $73.4 million in revenue, representing approximately 20% year-over-year growth, marking a quarter of growth reacceleration [3][13] - Non-GAAP gross margin was 61%, up from 58% a year ago, and adjusted EBITDA profit was $6.4 million, marking the third sequential quarter of adjusted EBITDA profitability [3][17] - Year-to-date cash flow from operating activities was $85.1 million, with year-to-date free cash flow of $54.3 million, representing a free cash flow margin of approximately 39% [3][18] - Remaining performance obligations (RPOs) were approximately $690 million, up approximately 516% year-over-year, with a backlog of $736 million, up approximately 245% year-over-year [19][4] Business Line Data and Key Metrics Changes - Revenue from the defense and intelligence sector grew approximately 41% year-over-year, driven by strong performance in core data and solutions business [4][14] - The civil government sector saw a revenue decline of approximately 4% year-over-year, largely due to the expiration of a partnership with Norway [7][14] - The commercial sector experienced revenue growth of approximately 6% year-over-year, driven by strong execution in agriculture and energy sectors [9][14] Market Data and Key Metrics Changes - Revenue grew more than 50% year-over-year in Asia-Pacific and more than 30% in EMEA, while North America revenue was roughly flat year-over-year [15] - Latin America revenue was down slightly, reflecting variability in timing of pilot contracts with the U.S. government [15] Company Strategy and Development Direction - The company is focusing on leveraging AI to enable speed and scale in its data business, shifting towards selling solutions [2] - There is a strong emphasis on expanding satellite services, with a €240 million multi-year collaboration with Germany and ongoing contracts with JSAT [10][11] - The company aims to be free cash flow positive this fiscal year, ahead of prior targets, indicating a strong growth trajectory [4][23] Management's Comments on Operating Environment and Future Outlook - Management highlighted the heightened global security challenges and rapid adoption of AI as factors increasing the value of the company's capabilities to customers [2] - The company expressed confidence in sustaining revenue growth rates heading into fiscal 2027, supported by a significant backlog [19][61] Other Important Information - The company is currently in a growth capital expenditure investment cycle, with planned capital expenditures of approximately $65 million to $75 million for the year [22] - An Investor Day is scheduled for October 16, 2025, to discuss growth outlook and market opportunities [23] Q&A Session Summary Question: Growth dynamics related to Germany and JSAT contracts - Management discussed the strong partnership with the U.S. Department of Defense and the expansion of maritime domain awareness capabilities [25][26] Question: Update on the pipeline of service contracts - Management noted strong demand and ongoing collaborations with strategic partners, emphasizing the ability to build satellites quickly [30][31] Question: Usage levels and customer renewals - Management indicated that while there has been an uptick in usage, they are cautious in assuming it will continue, looking at historical patterns [39] Question: Update on the Tanager fleet and monetization - Management highlighted successful methane detection work and ongoing revenue opportunities, indicating a strong commercial potential [55][56] Question: Backlog distribution and revenue recognition - Management explained that the backlog increase is driven by large contracts, with revenue expected to be recognized over multiple years [57][59]

Planet Labs PBC (PL) came out with a quarterly loss of $0.03 per share in line with the Zacks Consensus Estimate. This compares to a loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced break-even earnings, delivering a surprise of +100%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Planet Labs PBC, which belongs to the ...

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 ...

Planet Labs PBC PL will release earnings results for the second quarter, before the opening bell on Monday, Sept. 8.Analysts expect the San Francisco, California-based company to report a quarterly loss at 4 cents per share, versus a year-ago loss of 6 cents per share. Planet Labs PBC is expected to report quarterly revenue of $65.93 million, compared to $61.09 million a year earlier, according to data from Benzinga Pro.On July 1, Planet Labs announced a series of major recent contract wins with global defe ...