Planet Labs PBC (PL) Interest Expenses (2021 - 2026)
Planet Labs PBC (PL) reported Interest Expenses of $2.2 million for Q2 2026, down 18.52% on a YoY basis from $2.7 million in Q2 2025, and up 147.17% sequentially from -$4.7 million in Q1 2026.
Planet Labs PBC (PL) Interest Expenses (2021 - 2026) Analysis & Trends
Planet Labs PBC (PL) has 6 years of Interest Expenses data on file, last reported at $2.2 million in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses fell 18.52% year-over-year to $2.2 million; the trailing twelve-month figure through Apr 2026 stood at -$6.4 million (down 622.08% YoY), and the FY2026 full-year result was $345.8 million, up 21.38% from the prior year.
- Interest Expenses grew to $2.2 million in Q2 2026, from -$4.7 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $19.3 million in Q3 2025 to a low of -$6.7 million in Q1 2025.
- A 5-year average of $2.9 million and a median of $2.1 million in 2022 frame the typical range for Interest Expenses.
- Peak annual rise in Interest Expenses reached 643.54% in 2025, while the deepest fall reached 377.83% in 2025.
- Tracing PL's Interest Expenses over 5 years: stood at $1.9 million in 2022, then soared by 81.79% to $3.5 million in 2023, then dropped by 24.72% to $2.6 million in 2024, then jumped by 403.85% to $13.1 million in 2025, then slumped by 83.21% to $2.2 million in 2026.
- Business Quant data shows PL's Interest Expenses at $2.2 million in Q2 2026, -$4.7 million in Q1 2026, and $13.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 369.74 Bn | 360.40 Bn | -3.10 Bn | 2.77 Bn |
| 2 | Rtx | 286.79 Bn | 278.48 Bn | 9.91 Bn | 1.60 Bn |
| 3 | Boeing | 168.91 Bn | 148.89 Bn | 2.41 Bn | 600.00 Mn |
| 4 | Lockheed Martin | 132.03 Bn | 128.24 Bn | 2.45 Bn | 1.20 Bn |
| 5 | Howmet Aerospace | 111.81 Bn | 109.37 Bn | 854.00 Mn | - |
| 6 | General Dynamics | 101.89 Bn | 97.56 Bn | 6.76 Bn | 56.00 Mn |
| 7 | Northrop Grumman | 75.58 Bn | 73.27 Bn | 3.72 Bn | 161.00 Mn |
| 8 | TransDigm | 72.49 Bn | 68.61 Bn | 1.51 Bn | 484.00 Mn |
| 9 | L3Harris Technologies | 50.52 Bn | 49.93 Bn | 1.40 Bn | 386.00 Mn |
| 10 | Planet Labs PBC | 6.87 Bn | 6.24 Bn | 50.40 Mn | 2.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 2.20 Mn |
| Apr 30, 2026 | 2.20 Mn |
| Jan 31, 2026 | -4.66 Mn |
| Jan 31, 2026 | -4.66 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 | -6.67 Mn |
| Jan 31, 2025 | -6.67 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 |