Planet Labs PBC (PL) Gross Margin (2021 - 2026)
Planet Labs PBC's (PL) quarterly Gross Margin came in at 56.55% in Q3 2026, down 104.0% year-over-year from 1413.85% in Q3 2025, and up 5.64% quarter-over-quarter from 53.53% in Q2 2026.
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Planet Labs PBC (PL) Gross Margin (2021 - 2026) Analysis & Trends
Planet Labs PBC has disclosed Gross Margin across 6 years of filings, most recently posting 56.55% for Q3 2026.
- In Q3 2026, Gross Margin fell 104.0% year-over-year to 56.55%; the TTM figure through Jul 2026 stood at 55.42% (down 348.0% YoY), while the FY2026 annual figure was 56.05%, down 113.0% from the prior year.
- Gross Margin came in at 56.55% for Q3 2026 at Planet Labs PBC, up from 53.53% 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.
- Average Gross Margin over 5 years is 52.62%, with a median of 53.53% recorded in 2026.
- Year-over-year, Gross Margin jumped 1739 bps in 2023 and slumped 792 bps in 2026.
- Over 5 years, Gross Margin stood at 50.25% in 2022, then retreated by 6 bps to 47.0% in 2023, then soared by 30 bps to 61.24% in 2024, then retreated by 6 bps to 57.33% in 2025, then retreated by 1 bps to 56.55% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 56.55% in Q3 2026, 53.53% in Q2 2026, and 54.17% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Planet Labs PBC | 6.16 Bn | 5.29 Bn | 65.63 Mn | 56.55% |
| 2 | Arlo Technologies | 1.44 Bn | 1.34 Bn | 75.22 Mn | 48.23% |
| 3 | Evolv Technologies Holdings | 894.21 Mn | 831.58 Mn | 21.95 Mn | 50.17% |
| 4 | Gorilla Technology | 310.84 Mn | 131.48 Mn | -2.11 Mn | -4.21% |
| 5 | Rank One Computing | 83.46 Mn | 71.52 Mn | 4.57 Mn | 89.67% |
| 6 | Rekor Systems | 65.06 Mn | 55.02 Mn | 7.11 Mn | 56.16% |
| 7 | Odysight.ai | 55.56 Mn | 29.55 Mn | 177,000.00 | 40.32% |
| 8 | LataMed AI | 26.94 Mn | 26.94 Mn | - | - |
| 9 | MicroCloud Hologram | 21.15 Mn | -353.35 Mn | - | - |
| 10 | SafeSpace Global | 20.89 Mn | 20.89 Mn | -28,013.00 | -248.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 56.55% |
| Apr 30, 2026 | 53.53% |
| Jan 31, 2026 | 54.17% |
| Oct 31, 2025 | 57.33% |
| Jul 31, 2025 | 57.60% |
| Apr 30, 2025 | 55.24% |
| Jan 31, 2025 | 62.08% |
| Oct 31, 2024 | 61.24% |
| Jul 31, 2024 | 52.89% |
| Apr 30, 2024 | 52.42% |
| Jan 31, 2024 | 55.19% |
| Oct 31, 2023 | 47.00% |
| Jul 31, 2023 | 48.91% |
| Apr 30, 2023 | 53.41% |
| Jan 31, 2023 | 54.86% |
| Oct 31, 2022 | 50.25% |
| Jul 31, 2022 | 48.45% |
| Apr 30, 2022 | 41.12% |
| Jan 31, 2022 | 37.46% |
| Jul 31, 2021 | 34.82% |