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
DateValue
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