Planet Labs PBC (PL) Capital Expenditures (2021 - 2026)
Planet Labs PBC (PL) recorded Capital Expenditures of $27.35 million in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 34.8% from $20.29 million a year earlier and up 58.0% from the prior quarter.
Planet Labs PBC (PL) Capital Expenditures (2021 - 2026) Analysis & Trends
On a TTM basis, Planet Labs PBC's Capital Expenditures came in at $92.96 million as of Jul 31, 2026, up 95.1% year-over-year; for FY2026 (ended Jan 31, 2026), it came in at $76.71 million, up 73.2% from FY2025.
- Annual Capital Expenditures has increased for four straight fiscal years, with a five-year compound annual growth rate of 24.1% (FY2021 to FY2026).
- Across earlier fiscal years, Capital Expenditures came in at $44.3 million in FY2025 (+16.6%), $37.99 million in FY2024 (+263.9%), $10.44 million in FY2023 (+1.2%) and $10.31 million in FY2022 (-60.5%).
- The fiscal Q2 2027 figure is the highest quarterly Capital Expenditures in data going back to fiscal Q1 2022.
- On a year-over-year basis, Capital Expenditures has increased for five consecutive quarters, with growth averaging 66.7% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 521.9% in fiscal Q4 2024, against a decline of 66.4% in fiscal Q4 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $17.31 million (Q1 2027), $21.6 million (Q4 2026) and $26.7 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 316.55 Bn | 301.63 Bn | 2.30 Bn | 103.00 Mn |
| 2 | CrowdStrike Holdings | 269.03 Bn | 249.47 Bn | 1.10 Bn | 124.41 Mn |
| 3 | Fortinet | 129.08 Bn | 115.01 Bn | 1.64 Bn | 78.00 Mn |
| 4 | Snowflake | 116.42 Bn | 103.73 Bn | 1.04 Bn | 7.55 Mn |
| 5 | Datadog | 96.40 Bn | 78.04 Bn | 881.34 Mn | 9.89 Mn |
| 6 | Okta | 34.24 Bn | 24.34 Bn | 641.00 Mn | 1.00 Mn |
| 7 | Axon Enterprise | 34.08 Bn | 28.61 Bn | 546.45 Mn | 21.05 Mn |
| 8 | Zscaler | 32.34 Bn | 18.46 Bn | - | - |
| 9 | Baidu | 29.50 Bn | -44.13 Bn | 1.47 Mn | -1.68 Bn |
| 10 | Planet Labs PBC | 5.95 Bn | 3.04 Bn | 65.63 Mn | 27.35 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 27.35 Mn |
| Apr 30, 2026 | 17.31 Mn |
| Jan 31, 2026 | 21.60 Mn |
| Oct 31, 2025 | 26.70 Mn |
| Jul 31, 2025 | 20.29 Mn |
| Apr 30, 2025 | 8.12 Mn |
| Jan 31, 2025 | 11.60 Mn |
| Oct 31, 2024 | 7.63 Mn |
| Jul 31, 2024 | 15.12 Mn |
| Apr 30, 2024 | 9.94 Mn |
| Jan 31, 2024 | 8.91 Mn |
| Oct 31, 2023 | 7.38 Mn |
| Jul 31, 2023 | 15.37 Mn |
| Apr 30, 2023 | 6.34 Mn |
| Jan 31, 2023 | 1.43 Mn |
| Oct 31, 2022 | 2.50 Mn |
| Jul 31, 2022 | 3.65 Mn |
| Apr 30, 2022 | 2.86 Mn |
| Jan 31, 2022 | 4.26 Mn |
| Jul 31, 2021 | 2.15 Mn |
Planet Labs PBC Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "PL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();