Planet Labs PBC (PL) Interest Expenses (2021 - 2026)
Planet Labs PBC (PL) posted Interest Expenses of $2.2 million for Q2 2026, down 75.16% sequentially from $8.9 million in Q1 2026, and down 18.52% YoY from $2.7 million in Q2 2025.
Planet Labs PBC (PL) Interest Expenses (2021 - 2026) Analysis & Trends
Planet Labs PBC has reported Interest Expenses for 6 years, with the latest figure at $2.2 million in Q2 2026.
- Quarterly Interest Expenses fell 18.52% year-over-year to $2.2 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $16.5 million (up 55.24% YoY) and the FY2026 annual result came in at $345.8 million, up 21.38% from the prior year.
- Interest Expenses eased to $2.2 million in Q2 2026 per PL's latest filing, from $8.9 million in the prior quarter.
- Over five years, Interest Expenses peaked at $19.3 million in Q3 2025 and troughed at $1.0 million in Q1 2022.
- A 5-year average of $4.1 million and a median of $2.4 million in 2024 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2025: Interest Expenses sank 45.0% in 2023, then soared 643.54% in 2025.
- Over 5 years, Interest Expenses stood at $1.9 million in 2022, then soared by 81.79% to $3.5 million in 2023, then retreated by 24.72% to $2.6 million in 2024, then jumped by 403.85% to $13.1 million in 2025, then sank by 83.21% to $2.2 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $2.2 million, $8.9 million, and $13.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 363.99 Bn | 354.64 Bn | 6.95 Bn | 215.00 Mn |
| 2 | Rtx | 285.31 Bn | 277.00 Bn | 9.91 Bn | - |
| 3 | Boeing | 168.76 Bn | 148.74 Bn | 2.41 Bn | 600.00 Mn |
| 4 | Lockheed Martin | 130.83 Bn | 127.04 Bn | 2.45 Bn | 266.00 Mn |
| 5 | Howmet Aerospace | 109.20 Bn | 108.64 Bn | 951.00 Mn | - |
| 6 | General Dynamics | 103.56 Bn | 99.22 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 78.54 Bn | 76.23 Bn | 3.72 Bn | 161.00 Mn |
| 8 | TransDigm | 68.78 Bn | 66.01 Bn | 1.63 Bn | 514.00 Mn |
| 9 | Axon Enterprise | 50.97 Bn | 50.29 Bn | 546.45 Mn | 28.10 Mn |
| 10 | Planet Labs PBC | 7.70 Bn | 6.97 Bn | 50.40 Mn | 1.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 2.20 Mn |
| Apr 30, 2026 | 2.20 Mn |
| Jan 31, 2026 | 8.86 Mn |
| Jan 31, 2026 | 8.86 Mn |
| Oct 31, 2025 | 13.10 Mn |
| Oct 31, 2025 | 13.10 Mn |
| Jul 31, 2025 | 19.33 Mn |
| Jul 31, 2025 | 19.33 Mn |
| Apr 30, 2025 | 2.70 Mn |
| Apr 30, 2025 | 2.70 Mn |
| Jan 31, 2025 | 2.70 Mn |
| Jan 31, 2025 | 2.70 Mn |
| Oct 31, 2024 | 2.60 Mn |
| Oct 31, 2024 | 2.60 Mn |
| Jul 31, 2024 | 2.60 Mn |
| Jul 31, 2024 | 2.60 Mn |
| Apr 30, 2024 | 2.40 Mn |
| Apr 30, 2024 | 2.40 Mn |
| Jan 31, 2024 | 2.40 Mn |
| Jan 31, 2024 | 2.40 Mn |