Planet Labs PBC (PL) Asset Utilization Ratio (2022 - 2026)
Planet Labs PBC's (PL) quarterly Asset Utilization Ratio came in at 0.28 in Q3 2026, down 27.21% year-over-year from 0.39 in Q3 2025, and up 0.73% quarter-over-quarter from 0.28 in Q2 2026.
Analysis
Planet Labs PBC (PL) Asset Utilization Ratio (2022 - 2026) Analysis & Trends
Planet Labs PBC has disclosed Asset Utilization Ratio across 5 years of filings, most recently posting 0.28 for Q3 2026.
- In Q3 2026, Asset Utilization Ratio fell 27.21% year-over-year to 0.28; the TTM figure through Jul 2026 stood at 0.28 (down 27.21% YoY), while the FY2026 annual figure was 0.35, down 5.46% from the prior year.
- Asset Utilization Ratio came in at 0.28 for Q3 2026 at Planet Labs PBC, up from 0.28 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.39 in Q3 2025 to a low of 0.17 in Q2 2022.
- Average Asset Utilization Ratio over 5 years is 0.3, with a median of 0.29 recorded in 2023.
- Year-over-year, Asset Utilization Ratio jumped 59.94% in 2023 and slipped 29.28% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.23 in 2022, then gained by 29.39% to 0.3 in 2023, then grew by 25.13% to 0.37 in 2024, then fell by 16.4% to 0.31 in 2025, then retreated by 10.01% to 0.28 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.28 in Q3 2026, 0.28 in Q2 2026, and 0.27 in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Planet Labs PBC | 6.01 Bn | 5.15 Bn | 65.63 Mn | 0.28 |
| 2 | Arlo Technologies | 1.41 Bn | 1.30 Bn | 75.22 Mn | 1.60 |
| 3 | Evolv Technologies Holdings | 892.41 Mn | 829.78 Mn | 21.95 Mn | 0.57 |
| 4 | Gorilla Technology | 306.17 Mn | 126.81 Mn | -2.11 Mn | 314.88 Mn |
| 5 | Rank One Computing | 82.04 Mn | 70.11 Mn | 4.57 Mn | 0.71 |
| 6 | Rekor Systems | 65.34 Mn | 55.30 Mn | 7.11 Mn | 0.65 |
| 7 | Odysight.ai | 55.49 Mn | 29.48 Mn | 177,000.00 | 0.10 |
| 8 | LataMed AI | 23.02 Mn | 23.02 Mn | - | - |
| 9 | MicroCloud Hologram | 21.21 Mn | -353.28 Mn | - | - |
| 10 | SafeSpace Global | 20.89 Mn | 20.89 Mn | -28,013.00 | 0.07 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 0.28 |
| Apr 30, 2026 | 0.28 |
| Jan 31, 2026 | 0.27 |
| Oct 31, 2025 | 0.31 |
| Jul 31, 2025 | 0.39 |
| Apr 30, 2025 | 0.39 |
| Jan 31, 2025 | 0.39 |
| Oct 31, 2024 | 0.37 |
| Jul 31, 2024 | 0.35 |
| Apr 30, 2024 | 0.33 |
| Jan 31, 2024 | 0.31 |
| Oct 31, 2023 | 0.30 |
| Jul 31, 2023 | 0.29 |
| Apr 30, 2023 | 0.28 |
| Jan 31, 2023 | 0.26 |
| Oct 31, 2022 | 0.23 |
| Jul 31, 2022 | 0.20 |
| Apr 30, 2022 | 0.17 |