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

Planet Labs PBC (PL) posted Cost of Revenue of $22.8 million for Q2 2026, up 200.04% sequentially from -$22.8 million in Q1 2026, and up 39.65% YoY from $16.3 million in Q2 2025.

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

Planet Labs PBC (PL) has 6 years of Cost of Revenue data on file, last reported at $22.8 million in Q2 2026.

  • Quarterly Cost of Revenue rose 39.65% year-over-year to $22.8 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $65.8 million (down 33.84% YoY) and the FY2026 annual result came in at $72.7 million, down 30.54% from the prior year.
  • Cost of Revenue grew to $22.8 million in Q2 2026 per PL's latest filing, from -$22.8 million in the prior quarter.
  • The five-year high for Cost of Revenue was $42.6 million in Q1 2025, with the low at -$22.8 million in Q1 2026.
  • Average Cost of Revenue over 5 years is $20.3 million, with a median of $23.2 million recorded in 2022.
  • Year-over-year, Cost of Revenue soared 449.63% in 2023 and tumbled 153.44% in 2026.
  • Planet Labs PBC's Cost of Revenue stood at $19.4 million in 2022, then climbed by 7.18% to $20.8 million in 2023, then dropped by 19.15% to $16.8 million in 2024, then soared by 106.43% to $34.7 million in 2025, then sank by 34.29% to $22.8 million in 2026.
  • Business Quant data shows PL's Cost of Revenue at $22.8 million in Q2 2026, -$22.8 million in Q1 2026, and $34.7 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 19.67 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 13.00 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 4.40 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 15.94 Bn
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 1.46 Bn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 1.03 Bn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 6.43 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 123.86 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 4.34 Bn
10 Planet Labs PBC 10.92 Bn 10.19 Bn 50.40 Mn 22.78 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 22.78 Mn
Apr 30, 2026 22.78 Mn
Jan 31, 2026 -22.77 Mn
Jan 31, 2026 -22.77 Mn
Oct 31, 2025 34.67 Mn
Oct 31, 2025 34.67 Mn
Jul 31, 2025 31.12 Mn
Jul 31, 2025 31.12 Mn
Apr 30, 2025 16.31 Mn
Apr 30, 2025 16.31 Mn
Jan 31, 2025 42.61 Mn
Jan 31, 2025 42.61 Mn
Oct 31, 2024 16.80 Mn
Oct 31, 2024 16.80 Mn
Jul 31, 2024 23.73 Mn
Jul 31, 2024 23.73 Mn
Apr 30, 2024 21.49 Mn
Apr 30, 2024 21.49 Mn
Jan 31, 2024 20.10 Mn
Jan 31, 2024 20.10 Mn