In the fiscal fourth quarter, Planet reported record revenue of $86.8 million , up approximately 41% year over year, and adjusted EBITDA of $2.3 million , marking its fifth consecutive quarter of adjusted EBITDA profitability. Marshall added that the company achieved “Rule of 40” for a second straight quarter (revenue growth plus adjusted EBITDA margin) and “Rule of 30” on an annual basis, a year earlier than expected.CEO Will Marshall said fiscal 2026 was a “transformational” year for the company, pointing ...

分组1 - Planet Labs PBC reported break-even quarterly earnings per share, surpassing the Zacks Consensus Estimate of a loss of $0.04, and improved from a loss of $0.08 per share a year ago, resulting in an earnings surprise of +100.00% [1] - The company achieved revenues of $86.82 million for the quarter ended January 2026, exceeding the Zacks Consensus Estimate by 11.03%, and showing a significant increase from year-ago revenues of $61.55 million [2] - Planet Labs PBC has outperformed the S&P 500, with shares increasing by about 25.8% since the beginning of the year, while the S&P 500 has declined by 3.2% [3] 分组2 - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The trend of estimate revisions for Planet Labs PBC was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - Current consensus EPS estimate for the coming quarter is -$0.03 on revenues of $82.7 million, and -$0.03 on revenues of $376.92 million for the current fiscal year [7] 分组3 - The Satellite and Communication industry, to which Planet Labs PBC belongs, is currently ranked in the bottom 33% of over 250 Zacks industries, which may impact the stock's performance [8]

Financial Data and Key Metrics Changes - The company generated a record $308 million in revenue for fiscal year 2026, representing approximately 26% year-over-year growth [8] - Non-GAAP gross margin was 59% for the year, with adjusted EBITDA profit of $15.5 million and free cash flow of $53 million, marking the first full fiscal year of non-GAAP profitability [8][24] - Q4 revenue reached $86.8 million, reflecting approximately 41% year-over-year growth, and marked the fifth consecutive quarter of adjusted EBITDA profitability [21][24] Business Line Data and Key Metrics Changes - Defense and intelligence revenue grew over 50% year-over-year, driven by strong performance in data subscriptions and satellite services [9][21] - Civil government revenue was flat year-over-year, while the commercial sector saw a modest decline, attributed to a focus on large government customers and headwinds in agriculture [21][12] - The backlog at the end of the period exceeded $900 million, representing approximately 79% growth year-on-year, providing visibility for future revenue growth [9][28] Market Data and Key Metrics Changes - Revenue growth was distributed globally, with approximately 41% growth in Asia Pacific, 48% in EMEA, 11% in North America, and a slight decline of about 2% in Latin America [22] - The end-of-period customer count was 897, slightly down sequentially, reflecting a strategic shift towards larger customer opportunities [22][23] Company Strategy and Development Direction - The company aims to leverage its strong position in satellite services and AI to capture significant market opportunities, particularly in defense and intelligence sectors [19][20] - Plans include doubling satellite manufacturing capacity and scaling the Pelican fleet, with multiple launches scheduled for the year [19][31] - The company is focused on executing current contracts while investing in technology and AI capabilities to drive future growth [19][30] Management's Comments on Operating Environment and Future Outlook - Management highlighted strong demand signals, particularly in Europe, driven by geopolitical dynamics and the need for sovereign systems [47][48] - The company anticipates that AI will be transformational for its business, enabling broader applications and democratizing access to Earth intelligence [18][19] - Management expressed confidence in achieving revenue growth and maintaining positive free cash flow in fiscal year 2027, despite expected fluctuations [31][30] Other Important Information - The company is currently in a growth capital expenditure investment cycle, with approximately $81.5 million in capital expenditures for FY 2026 [26][27] - The company has expanded its technology collaboration with NVIDIA to enhance data processing capabilities [17] Q&A Session Summary Question: Update on Suncatcher opportunity and NVIDIA partnership - Management indicated that both projects are in early stages, with Suncatcher focused on tech demos and NVIDIA enhancing data processing capabilities [36][38] Question: Strength in European market - Management noted high demand in Europe, driven by geopolitical factors, and emphasized the company's ability to provide rapid and sovereign satellite solutions [47][48] Question: AI partnership status - Management discussed ongoing research collaborations aimed at developing AI-enabled solutions, with a focus on unlocking broader market potential [58][59] Question: Impact of Middle East conflict on demand - Management acknowledged increased urgency for data in conflict zones but stated that there were no material changes in customer behavior [70][95] Question: Backlog strength vs. revenue guidance - Management explained that while backlog is strong, guidance is conservative to account for execution risks and timing of large contracts [90][92]

Financial Data and Key Metrics Changes - The company generated a record $308 million in revenue for fiscal year 2026, representing approximately 26% year-over-year growth [8][21] - Non-GAAP gross margin was 59% for the year, slightly down from 60% in fiscal year 2025 [24] - Adjusted EBITDA profit was $15.5 million for fiscal year 2026, marking the first year of delivering Adjusted EBITDA profitability on an annual basis [25][27] - Free cash flow was $53 million, representing the first full fiscal year of positive free cash flow [8][27] - Q4 revenue reached $86.8 million, reflecting approximately 41% year-over-year growth [21] Business Line Data and Key Metrics Changes - Defense and intelligence revenue grew over 50% year-over-year, driven by strong performance in data subscriptions and satellite services [9][21] - Civil government revenue was flat year-over-year, impacted by the end of a contract with Norway [21] - Commercial sector revenue declined modestly year-over-year, attributed to a focus on large government customers and headwinds in agriculture [12][21] Market Data and Key Metrics Changes - Revenue growth was distributed globally, with approximately 41% growth in Asia Pacific, 48% in EMEA, 11% in North America, and a decline of about 2% in Latin America [22] - The end-of-period customer count was 897, slightly down sequentially, reflecting a shift to focus on larger customer opportunities [22][23] Company Strategy and Development Direction - The company aims to leverage its strong backlog of over $900 million, which grew approximately 79% year-over-year, to accelerate revenue growth [9][28] - There is a strong focus on expanding satellite manufacturing capacity and investing in AI-enabled solutions to meet market demand [19][31] - The company is committed to maintaining a balance between growth and profitability, targeting Rule of 40 for fiscal year 2027 [30] Management's Comments on Operating Environment and Future Outlook - Management highlighted the transformational year of 2026, with significant progress in satellite services and AI partnerships [7][20] - The geopolitical landscape is driving demand for defense and intelligence solutions, with a focus on sustainability and security [9][10] - The company anticipates strong demand for AI-based solutions across various sectors, including agriculture, insurance, and finance [18][19] Other Important Information - The company plans to discontinue monitoring customer count as a key metric, focusing instead on annual contract value (ACV) retention rates [23] - Capital expenditures for fiscal year 2026 were approximately $81.5 million, with a focus on growth investments [27][31] Q&A Session Summary Question: Update on Suncatcher opportunity and NVIDIA partnership - Management indicated that both projects are in early stages, with Suncatcher focused on tech demos and NVIDIA collaboration aimed at enhancing data processing capabilities [35][36][39] Question: Strength in European market - Management noted high demand in Europe driven by geopolitical dynamics, emphasizing the need for sovereign systems and quick access to satellite data [46][47][49] Question: AI partnerships and bottlenecks - Management discussed the potential of AI to unlock new markets and emphasized the importance of real-world data for model training [58][66] Question: Impact of Middle East conflict on demand - Management acknowledged increased urgency for data in conflict situations but stated that there were no material changes in customer behavior [70][95] Question: Backlog strength vs. revenue guidance - Management explained that while backlog is strong, guidance is conservative to account for execution risks and timing of large contracts [90][92]

Core Insights - The company, a Google partner, achieved record revenue for its latest fiscal year, indicating a significant increase in demand for satellite imagery [1] Company Performance - The record revenue reflects the company's strong position in the satellite imagery market, driven by growing customer needs [1]

Financial Data and Key Metrics Changes - The company generated a record $308 million in revenue for fiscal year 2026, representing approximately 26% year-over-year growth [6][20] - Non-GAAP gross margin was 59% for the year, with adjusted EBITDA profit of $15.5 million and free cash flow of $53 million, marking the first full fiscal year of non-GAAP profitability [6][25] - Q4 revenue reached $86.8 million, reflecting 41% year-over-year growth, and the company achieved adjusted EBITDA profitability for the fifth consecutive quarter [6][20] Business Line Data and Key Metrics Changes - Defense and intelligence revenue grew over 50% year-over-year, driven by strong performance in data subscriptions and satellite services [7][20] - Civil government revenue was flat year-over-year, while commercial sector revenue declined modestly due to a focus on large government customers and headwinds in agriculture [20][10] - The backlog at the end of the period exceeded $900 million, representing approximately 79% growth year-on-year [7][26] Market Data and Key Metrics Changes - Revenue growth was distributed globally, with approximately 41% growth in Asia Pacific, 48% in EMEA, 11% in North America, and a decline of about 2% in Latin America [21] - The end-of-period customer count was 897, slightly down sequentially, reflecting a shift to focus on larger customer opportunities [21][22] Company Strategy and Development Direction - The company aims to leverage its investments in AI and satellite services to capture significant market opportunities, with a focus on executing current contracts and scaling operations [17][18] - Plans include doubling satellite manufacturing capacity and launching multiple Pelican satellites, as well as investing in AI for existing solutions [17][30] - The company sees strong demand for satellite services driven by geopolitical dynamics and the need for sovereign space systems [13][14] Management's Comments on Operating Environment and Future Outlook - Management highlighted the importance of security and sustainability in the current geopolitical landscape, emphasizing the role of the defense and intelligence sector in their mission [7][8] - The company anticipates strong revenue growth and margin expansion as it realizes returns on growth investments in subsequent years [29][31] - Management expressed confidence in the company's ability to generate sustainable positive cash flow while investing in growth [30][31] Other Important Information - The company is expanding its technology collaboration with NVIDIA to enhance data processing capabilities and develop AI solutions [15][16] - The company plans to discontinue monitoring customer count as a key metric, focusing instead on annual contract value (ACV) retention rates [22][23] Q&A Session Summary Question: Update on Suncatcher and NVIDIA partnership - Management indicated that both projects are in early stages, with Suncatcher focused on tech demos and NVIDIA collaboration aimed at improving data processing speed [33][34][36] Question: Strength in European market - Management noted high demand in Europe driven by geopolitical dynamics, emphasizing the need for sovereign systems and quick access to satellite data [43][45][46] Question: AI partnership status - Management discussed ongoing research collaborations aimed at building AI-enabled solutions, with potential for broader applications in commercial and civil markets [55][57][63] Question: Impact of Middle East conflict on customer behavior - Management stated that there have been no material changes in customer behavior but acknowledged increased urgency for data in conflict situations [67][91] Question: Backlog strength vs. revenue guidance - Management explained that while backlog is strong, revenue guidance accounts for execution risks and the timing of large contracts [87][89]

FISCAL 4Q'26 UPDATE March 19, 2026 MILANO SAN SIRO OLYMPIC STADIUM • Milan, Italy • February 5, 2026 • Pelican Disclaimers All references to "Planet" or the "Company" in this presentation are references to Planet Labs PBC (NYSE: PL). Forward-looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to futur ...

PL stock is moving. Watch the price action here.The Details: Planet Labs reported quarterly revenue of $86.82 million, which beat the consensus estimate of $78.53 million and was up from $61.55 million in the same period last year, according to Benzinga Pro.Planet Labs reported the following fiscal highlights: Delivered record annual revenue of $308 million.Increased RPOs 106% year-over-year to $852 million; Backlog +79% year-over-year to over $900 million.Generated $134 million of net cash provided by oper ...

Planet Reports Financial Results for Fourth Quarter and Full Fiscal Year 2026 Mar 19, 2026 4:05 PM Eastern Daylight Time Planet Reports Financial Results for Fourth Quarter and Full Fiscal Year 2026 Ashley Johnson, Planet's President and Chief Financial Officer, added, "We delivered record revenue, our first fiscal year of Adjusted EBITDA and free cash flow profitability, and closed the year with $640 million of cash, cash equivalents, and short-term investments.†Ms. Johnson continued, "Achieving these majo ...

Planet is expected to report a fourth-quarter loss of $0.08 per share on revenue of $78.18 million. Here’s what investors need to know.Planet Labs stock is trending lower. Why is PL stock retreating?Planet Labs Partners With Nvidia to Boost AI-Powered Satellite ImagingPlanet said the effort will use Nvidia technologies, including Blackwell, IGX Thor and the CorrDiff generative AI model, to sharpen image resolution and support the creation of a searchable, multi-dimensional map of Earth that can detect patte ...