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

Planet Labs PBC has reported Cost of Revenue for 6 years, with the latest figure at $43.7 million in Q2 2026.

• Quarterly Cost of Revenue rose 47.49% year-over-year to $43.7 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $149.3 million (up 41.5% YoY) and the FY2026 annual result came in at $135.2 million, up 29.26% from the prior year.
• Cost of Revenue grew to $43.7 million in Q2 2026 per PL's latest filing, from $39.8 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $43.7 million in Q2 2026 and troughed at $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.
• The sharpest annual moves came in 2024 and 2026: Cost of Revenue declined 19.08% in 2024, then surged 70.5% in 2026.
• Over 5 years, Cost of Revenue stood at $24.7 million in 2022, then increased by 18.69% to $29.4 million in 2023, then retreated by 19.08% to $23.7 million in 2024, then surged by 45.99% to $34.7 million in 2025, then advanced by 26.19% to $43.7 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $43.7 million, $39.8 million, and $34.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.