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How Planet Labs PBC (PL) makes money

Planet Labs PBC (PL) made $116M of revenue in the second quarter fiscal 2027 (Q2 FY27), +58% from a year earlier.

Drawing the Sankey…

Planet Labs PBC revenue by quarterPlanet Labs PBC revenue by quarter$61.6MQ4 FY25$66.3MQ1 FY26$73.4MQ2 FY26$81.3MQ3 FY26$86.8MQ4 FY26$94.2MQ1 FY27$116MQ2 FY27
Planet Labs PBC: where each dollar of revenue goesPlanet Labs PBC: where each dollar of revenue goesIncome tax1¢Operating cash flow46¢Free cash flow22¢

Where each dollar of revenue goes

LineQ2 FY27% of revenue
Revenue$116M100.0%
Income tax$733K0.6%
Operating cash flow$52.9M45.6%
Free cash flow$25.6M22.1%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q2 FY27$116M+58%
Q1 FY27$94.2M+42%
Q4 FY26$86.8M+41%
Q3 FY26$81.3M+33%
Q2 FY26$73.4M+20%
Q1 FY26$66.3M+10%
Q4 FY25$61.6M+5%

From Planet Labs PBC's 10-Q filed Sep 3, 2026 (on EDGAR).

Questions

How does Planet Labs PBC make money?

Planet Labs PBC (PL) made $116M of revenue in the second quarter fiscal 2027 (Q2 FY27), +58% from a year earlier.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.