Growth Metrics

Planet Labs PBC (PL) Gross Margin (2021 - 2026)

Planet Labs PBC (PL) has disclosed Gross Margin for 6 consecutive years, with 54.17% as the latest value for Q1 2026.

  • Quarterly Gross Margin fell 792.0% to 54.17% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 56.05% through Jan 2026, down 113.0% year-over-year, with the annual reading at 56.05% for FY2026, 113.0% down from the prior year.
  • Gross Margin hit 54.17% in Q1 2026 for Planet Labs PBC, down from 57.33% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 62.08% in Q1 2025 to a low of 37.46% in Q1 2022.
  • Historically, Gross Margin has averaged 52.33% across 5 years, with a median of 53.41% in 2023.
  • Biggest five-year swings in Gross Margin: surged 1739bps in 2023 and later tumbled -792bps in 2026.
  • Year by year, Gross Margin stood at 50.25% in 2022, then fell by -6bps to 47.0% in 2023, then surged by 30bps to 61.24% in 2024, then fell by -6bps to 57.33% in 2025, then decreased by -6bps to 54.17% in 2026.
  • Business Quant data shows Gross Margin for PL at 54.17% in Q1 2026, 57.33% in Q4 2025, and 57.6% in Q3 2025.