Planet Labs PBC (PL) Cost of Revenue (2021 - 2026)

Planet Labs PBC has disclosed Cost of Revenue across 6 years of filings, most recently posting $22.8 million for Q2 2026.

• For the quarter ending Q2 2026, Cost of Revenue rose 39.65% year-over-year to $22.8 million; the trailing twelve-month figure through Apr 2026 stood at $65.8 million (down 33.84% YoY), and the FY2026 full-year result was $72.7 million, down 30.54% from the prior year.
• Cost of Revenue was $22.8 million for Q2 2026 at Planet Labs PBC, up from -$22.8 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $42.6 million in Q1 2025 and troughed at -$22.8 million in Q1 2026.
• The 5-year median for Cost of Revenue is $23.2 million (2022), against an average of $20.3 million.
• The sharpest annual moves came in 2023 and 2026: Cost of Revenue jumped 449.63% in 2023, then plunged 153.44% in 2026.
• Year by year, Cost of Revenue stood at $19.4 million in 2022, then gained by 7.18% to $20.8 million in 2023, then decreased by 19.15% to $16.8 million in 2024, then jumped by 106.43% to $34.7 million in 2025, then sank by 34.29% to $22.8 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $22.8 million in Q2 2026, -$22.8 million in Q1 2026, and $34.7 million in Q4 2025.