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

Planet Labs PBC (PL) has disclosed Cost of Revenue for 6 consecutive years, with $82.6 million as the latest value for Q1 2026.

  • Quarterly Cost of Revenue rose 93.76% to $82.6 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $135.2 million through Jan 2026, up 20.86% year-over-year, with the annual reading at $135.2 million for FY2026, 29.26% up from the prior year.
  • Cost of Revenue hit $82.6 million in Q1 2026 for Planet Labs PBC, up from $18.8 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $82.6 million in Q1 2026 to a low of -$6.8 million in Q1 2022.
  • Historically, Cost of Revenue has averaged $25.7 million across 5 years, with a median of $22.3 million in 2023.
  • Biggest five-year swings in Cost of Revenue: skyrocketed 449.63% in 2023 and later tumbled 43.27% in 2025.
  • Year by year, Cost of Revenue stood at $24.7 million in 2022, then fell by 15.99% to $20.8 million in 2023, then fell by 19.15% to $16.8 million in 2024, then rose by 11.84% to $18.8 million in 2025, then surged by 339.6% to $82.6 million in 2026.
  • Business Quant data shows Cost of Revenue for PL at $82.6 million in Q1 2026, $18.8 million in Q4 2025, and $17.6 million in Q3 2025.