Key Takeaways PL's revenue model is supported by subscriptions and usage-based contracts with government clients.A $734.5M backlog at PL marks 216% year-over-year growth, enhancing long-term revenue visibility.PL projects Q4 revenues of $76M-$80M, signaling about 27% year-over-year growth at the midpoint.Planet Labs (PL) is a leading provider of Earth-imaging data and geospatial analytics, operating the largest fleet of Earth-observation satellites globally. The company primarily generates revenues through ...