Planet Labs PBC (PL) Cost of Revenue (2021 - 2026)
Planet Labs PBC (PL) posted Cost of Revenue of $22.8 million for Q2 2026, up 200.04% sequentially from -$22.8 million in Q1 2026, and up 39.65% YoY from $16.3 million in Q2 2025.
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 $22.8 million in Q2 2026.
- Quarterly Cost of Revenue rose 39.65% year-over-year to $22.8 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $65.8 million (down 33.84% YoY) and the FY2026 annual result came in at $72.7 million, down 30.54% from the prior year.
- Cost of Revenue grew to $22.8 million in Q2 2026 per PL's latest filing, from -$22.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $42.6 million in Q1 2025, with the low at -$22.8 million in Q1 2026.
- Average Cost of Revenue over 5 years is $20.3 million, with a median of $23.2 million recorded in 2022.
- Year-over-year, Cost of Revenue soared 449.63% in 2023 and tumbled 153.44% in 2026.
- Planet Labs PBC's Cost of Revenue stood at $19.4 million in 2022, then climbed by 7.18% to $20.8 million in 2023, then dropped by 19.15% to $16.8 million in 2024, then soared by 106.43% to $34.7 million in 2025, then sank by 34.29% to $22.8 million in 2026.
- Business Quant data shows PL's Cost of Revenue at $22.8 million in Q2 2026, -$22.8 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 | Boeing | 1,106.33 Bn | 1,085.43 Bn | 2.55 Bn | 19.67 Bn |
| 2 | Rtx | 258.51 Bn | 253.40 Bn | 9.08 Bn | 13.00 Bn |
| 3 | General Dynamics | 174.86 Bn | 171.21 Bn | 9.09 Bn | 4.40 Bn |
| 4 | Lockheed Martin | 119.99 Bn | 118.10 Bn | 2.08 Bn | 15.94 Bn |
| 5 | Howmet Aerospace | 107.26 Bn | 104.82 Bn | 854.00 Mn | 1.46 Bn |
| 6 | TransDigm | 76.18 Bn | 72.30 Bn | 1.51 Bn | 1.03 Bn |
| 7 | Northrop Grumman | 73.88 Bn | 71.79 Bn | 3.45 Bn | 6.43 Bn |
| 8 | Rocket Lab | 60.59 Bn | 59.31 Bn | 76.49 Mn | 123.86 Mn |
| 9 | L3Harris Technologies | 54.60 Bn | 54.60 Bn | 1.40 Bn | 4.34 Bn |
| 10 | Planet Labs PBC | 10.92 Bn | 10.19 Bn | 50.40 Mn | 22.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 22.78 Mn |
| Apr 30, 2026 | 22.78 Mn |
| Jan 31, 2026 | -22.77 Mn |
| Jan 31, 2026 | -22.77 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 | 16.31 Mn |
| Apr 30, 2025 | 16.31 Mn |
| Jan 31, 2025 | 42.61 Mn |
| Jan 31, 2025 | 42.61 Mn |
| Oct 31, 2024 | 16.80 Mn |
| Oct 31, 2024 | 16.80 Mn |
| Jul 31, 2024 | 23.73 Mn |
| Jul 31, 2024 | 23.73 Mn |
| Apr 30, 2024 | 21.49 Mn |
| Apr 30, 2024 | 21.49 Mn |
| Jan 31, 2024 | 20.10 Mn |
| Jan 31, 2024 | 20.10 Mn |