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

Planet Labs PBC has disclosed Gross Margin across 6 years of filings, most recently posting 53.53% for Q2 2026.

• For the quarter ending Q2 2026, Gross Margin fell 170.0% year-over-year to 53.53%; the trailing twelve-month figure through Apr 2026 stood at 55.51% (down 231.0% YoY), and the FY2026 full-year result was 56.05%, down 113.0% from the prior year.
• Gross Margin was 53.53% for Q2 2026 at Planet Labs PBC, down from 54.17% in the prior quarter.
• Over five years, Gross Margin peaked at 62.08% in Q1 2025 and troughed at 37.46% in Q1 2022.
• The 5-year median for Gross Margin is 53.47% (2023), against an average of 52.4%.
• The sharpest annual moves came in 2023 and 2026: Gross Margin surged 1739 bps in 2023, then slumped 792 bps in 2026.
• Year by year, Gross Margin stood at 50.25% in 2022, then decreased by 6 bps to 47.0% in 2023, then jumped by 30 bps to 61.24% in 2024, then decreased by 6 bps to 57.33% in 2025, then fell by 7 bps to 53.53% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 53.53% in Q2 2026, 54.17% in Q1 2026, and 57.33% in Q4 2025.