Planet Labs PBC (PL) Operating Expenses (2021 - 2026)
Planet Labs PBC (PL) posted Operating Expenses of $85.3 million for Q2 2026, up 2.72% sequentially from $83.0 million in Q1 2026, and up 43.65% YoY from $59.4 million in Q2 2025.
Planet Labs PBC (PL) Operating Expenses (2021 - 2026) Analysis & Trends
Planet Labs PBC has reported Operating Expenses for 6 years, with the latest figure at $85.3 million in Q2 2026.
- Quarterly Operating Expenses rose 43.65% year-over-year to $85.3 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $293.5 million (up 17.88% YoY) and the FY2026 annual result came in at $267.6 million, up 4.58% from the prior year.
- Operating Expenses climbed to $85.3 million in Q2 2026 per PL's latest filing, from $83.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $85.3 million in Q2 2026 and troughed at $57.6 million in Q1 2025.
- A 5-year average of $68.5 million and a median of $67.0 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 106.49% in 2022, then retreated 18.63% in 2024.
- Over 5 years, Operating Expenses stood at $67.6 million in 2022, then gained by 9.29% to $73.9 million in 2023, then declined by 18.63% to $60.1 million in 2024, then climbed by 7.98% to $64.9 million in 2025, then surged by 31.37% to $85.3 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $85.3 million, $83.0 million, and $64.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 362.92 Bn | 353.58 Bn | 6.95 Bn | 10.86 Bn |
| 2 | Rtx | 284.24 Bn | 275.94 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 169.32 Bn | 149.30 Bn | 2.41 Bn | 2.35 Bn |
| 4 | Lockheed Martin | 129.93 Bn | 126.14 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 108.64 Bn | 108.07 Bn | 951.00 Mn | 156.00 Mn |
| 6 | General Dynamics | 103.62 Bn | 99.29 Bn | 6.76 Bn | 12.63 Bn |
| 7 | Northrop Grumman | 78.44 Bn | 76.14 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 69.14 Bn | 66.37 Bn | 1.63 Bn | 332.00 Mn |
| 9 | Axon Enterprise | 50.64 Bn | 49.97 Bn | 546.45 Mn | 499.67 Mn |
| 10 | Planet Labs PBC | 7.71 Bn | 6.98 Bn | 50.40 Mn | 85.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 85.29 Mn |
| Jan 31, 2026 | 83.03 Mn |
| Oct 31, 2025 | 64.92 Mn |
| Jul 31, 2025 | 60.23 Mn |
| Apr 30, 2025 | 59.37 Mn |
| Jan 31, 2025 | 57.58 Mn |
| Oct 31, 2024 | 60.13 Mn |
| Jul 31, 2024 | 71.89 Mn |
| Apr 30, 2024 | 66.25 Mn |
| Jan 31, 2024 | 66.40 Mn |
| Oct 31, 2023 | 73.89 Mn |
| Jul 31, 2023 | 69.57 Mn |
| Apr 30, 2023 | 72.84 Mn |
| Jan 31, 2023 | 71.75 Mn |
| Oct 31, 2022 | 67.61 Mn |
| Jul 31, 2022 | 66.11 Mn |
| Apr 30, 2022 | 64.21 Mn |
| Jan 31, 2022 | 71.12 Mn |
| Sep 30, 2021 | 3.91 Mn |
| Jul 31, 2021 | 34.85 Mn |