Filing Flows › Planet Labs PBC (PL) › Q4 FY26
Planet Labs PBC (PL) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Mar 23, 2026
Planet Labs PBC (PL) reported revenue of $86.8M for the fourth quarter fiscal 2026 (Q4 FY26), +41% from a year earlier and +7% from the quarter before. Operating margin was -41.5%, net loss $152M (175.6% of revenue).
Planet Labs PBC, Q4 FY26: revenue $86.8M (+41% year over year), operating margin -41.5%, net loss $152M, operating cash flow $20.6M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $86.8M | +7% | +41% |
| Operating profit | −$36.0M | — | — |
| Net earnings | −$152M | — | — |
| Operating cash flow | $20.6M | -28% | — |
What changed
Revenue was $86.8M in Q4 FY26, up 41% year over year and up 7% from the previous quarter.
Gross margin was 54.2%, down 7.9 points from Q4 FY25. Operating costs exceeded revenue by $36.0M, an operating margin of -41.5%. Operating expenses grew 44% against revenue growth of 41%. The fastest-growing cost line was General & admin (+63%). The quarter ended with a net loss of $152.5M, wider than the previous quarter's $59.2M loss. Net interest and other expense of $114.0M was the main reason.
Operating cash flow was $20.6M. Non-cash charges added back $10.2M of depreciation and amortization and $15.5M of share-based compensation. Working capital and other items added $147.4M. Capital expenditures of $21.6M exceeded it, leaving free cash flow of −$1.0M.
Questions
What was Planet Labs PBC's revenue in the fourth quarter fiscal 2026?
Planet Labs PBC (PL) reported revenue of $86.8M for the fourth quarter fiscal 2026 (Q4 FY26), +41% from a year earlier and +7% from the quarter before.
Was Planet Labs PBC profitable in the fourth quarter fiscal 2026?
Operating loss was $36.0M (-41.5% of revenue) and net loss $152M.
Source: Planet Labs PBC 10-K on SEC EDGAR.