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

Planet Labs PBC's Cost of Revenue history runs 6 years deep, the most recent figure standing at $20.0 million for Q1 2026.

• In Q1 2026, Cost of Revenue rose 27.57% year-over-year to $20.0 million; the TTM figure through Jan 2026 stood at $102.1 million (up 20.63% YoY), while the FY2026 annual figure was $72.7 million, down 6.46% from the prior year.
• Cost of Revenue came in at $20.0 million for Q1 2026 at Planet Labs PBC, down from $34.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $34.7 million in Q4 2025 to a low of $4.7 million in Q1 2023.
• A 5-year average of $21.4 million and a median of $20.8 million in 2023 frame the typical range for Cost of Revenue.
• Across the five-year window, Cost of Revenue sank 79.82% in 2023 and surged 328.74% in 2024, its largest moves.
• Planet Labs PBC's Cost of Revenue stood at $19.4 million in 2022, then gained by 7.18% to $20.8 million in 2023, then climbed by 14.32% to $23.7 million in 2024, then jumped by 45.99% to $34.7 million in 2025, then plunged by 42.3% to $20.0 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $20.0 million, $34.7 million, and $31.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

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