Planet Labs PBC (PL) Gross Margin (2021 - 2026)
Planet Labs PBC (PL) posted Gross Margin of 56.55% for fiscal Q2 2027 (quarter ended Jul 31, 2026), down 1.04 percentage points from 57.60% a year earlier but up 3.02 percentage points from the prior quarter.
Planet Labs PBC (PL) Gross Margin (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Gross Margin at Planet Labs PBC was 55.42%, down 3.48 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at 56.05%, down 1.13 percentage points from FY2025.
- Annual Gross Margin shows a five-year change of +33.27 percentage points (FY2021 to FY2026).
- In prior fiscal years, Planet Labs PBC's Gross Margin was 57.18% in FY2025 (+6.00 pp), 51.18% in FY2024 (+2.03 pp), 49.15% in FY2023 (+12.40 pp) and 36.75% in FY2022 (+13.97 pp).
- Quarterly Gross Margin has run from a low of 37.46% in fiscal Q4 2022 to a high of 62.08% in fiscal Q4 2025 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last four quarters, with an average year-over-year change of +1.76 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was fiscal Q4 2023, with a gain of 17.39 percentage points; the weakest was fiscal Q4 2026, with a drop of 7.92 percentage points.
- According to Business Quant data, Gross Margin for the three prior fiscal quarters was 53.53% (Q1 2027), 54.17% (Q4 2026) and 57.33% (Q3 2026).
Peer Comparison
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% |
Planet Labs PBC Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();