Planet Labs PBC (PL) Cost of Revenue (2021 - 2026)
Planet Labs PBC (PL) reported Cost of Revenue of $43.7 million for Q2 2026, up 47.49% on a YoY basis from $29.7 million in Q2 2025, and up 9.94% sequentially from $39.8 million in Q1 2026.
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 $43.7 million in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 47.49% year-over-year to $43.7 million; the trailing twelve-month figure through Apr 2026 stood at $149.3 million (up 41.5% YoY), and the FY2026 full-year result was $135.2 million, up 29.26% from the prior year.
- Cost of Revenue grew to $43.7 million in Q2 2026, from $39.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $43.7 million in Q2 2026 to a low of $23.2 million in Q1 2022.
- A 5-year average of $28.4 million and a median of $26.9 million in 2023 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue slipped 19.08% in 2024 and soared 70.5% in 2026, its largest moves.
- Tracing PL's Cost of Revenue over 5 years: stood at $24.7 million in 2022, then advanced by 18.69% to $29.4 million in 2023, then dropped by 19.08% to $23.7 million in 2024, then surged by 45.99% to $34.7 million in 2025, then increased by 26.19% to $43.7 million in 2026.
- Business Quant data shows PL's Cost of Revenue at $43.7 million in Q2 2026, $39.8 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 | General Electric | 370.79 Bn | 361.44 Bn | -3.10 Bn | 3.82 Bn |
| 2 | Rtx | 287.17 Bn | 278.86 Bn | 9.91 Bn | 14.80 Bn |
| 3 | Boeing | 168.70 Bn | 148.68 Bn | 2.41 Bn | 22.15 Bn |
| 4 | Lockheed Martin | 131.80 Bn | 128.01 Bn | 2.45 Bn | 17.62 Bn |
| 5 | Howmet Aerospace | 112.14 Bn | 109.71 Bn | 854.00 Mn | 1.46 Bn |
| 6 | General Dynamics | 101.91 Bn | 97.58 Bn | 6.76 Bn | 7.34 Bn |
| 7 | Northrop Grumman | 75.39 Bn | 73.08 Bn | 3.72 Bn | 7.16 Bn |
| 8 | TransDigm | 72.38 Bn | 68.50 Bn | 1.51 Bn | 1.03 Bn |
| 9 | L3Harris Technologies | 50.57 Bn | 49.98 Bn | 1.40 Bn | 4.34 Bn |
| 10 | Planet Labs PBC | 6.98 Bn | 6.35 Bn | 50.40 Mn | 43.75 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 43.75 Mn |
| Apr 30, 2026 | 43.75 Mn |
| Jan 31, 2026 | 39.79 Mn |
| Jan 31, 2026 | 39.79 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 | 29.66 Mn |
| Apr 30, 2025 | 29.66 Mn |
| Jan 31, 2025 | 23.34 Mn |
| Jan 31, 2025 | 23.34 Mn |
| Oct 31, 2024 | 23.75 Mn |
| Oct 31, 2024 | 23.75 Mn |
| Jul 31, 2024 | 28.78 Mn |
| Jul 31, 2024 | 28.78 Mn |
| Apr 30, 2024 | 28.76 Mn |
| Apr 30, 2024 | 28.76 Mn |
| Jan 31, 2024 | 26.37 Mn |
| Jan 31, 2024 | 26.37 Mn |