Planet Labs PBC(PL) - 2026 Q3 - Earnings Call Presentation

Financial Highlights - Planet achieved record revenue of $81.3 million in Q3'26[14] - The company's Non-GAAP Gross Margin in Q3'26 was 60%[14] - Adjusted EBITDA in Q3'26 reached $5.6 million[14] - Year-to-date Free Cash Flow amounted to $55.2 million[14] - Cash, Cash Equivalents, and Short-Term Investments totaled $677.3 million at the End of Period (EoP) Q3'26[14] Customer & Contract Wins - Planet received a $12.8 million prime contractor award from the National Geospatial-Intelligence Agency under Luno B[15] - The company was awarded a $13.2 million baseline renewal by the National Reconnaissance Office under EOCL[15] - Planet secured a $13.5 million task order from NASA under CSDA[15] - A $7.5 million renewal was awarded by the U.S Navy[15] Strategic Initiatives & Product Updates - Planet launched commercial access to Tanager-1 data, detecting over 5,500 methane plumes globally[31] - The company released a new Aircraft Detection Analytic Feed, automating daily detection of aircraft globally[36, 42] - Planet is expanding its next-generation tasking fleet with the successful launch of additional Pelican satellites[41] Revenue Breakdown - In Q3'26, 34% of revenue came from North America, 16% from Asia Pacific & Japan, 43% from Europe, Middle East, and Africa, and 5% from Latin America[47] - By sector, 61% of revenue was from Defense & Intelligence, 23% from Civil Government, and 18% from Commercial[47]