Planet Labs PBC (PL) Operating Expenses (2021 - 2026)

Planet Labs PBC (PL) recorded quarterly Operating Expenses of $85.3 million in Q2 2026, up 2.72% quarter-over-quarter from $83.0 million in Q1 2026, and up 43.65% year-on-year from $59.4 million in Q2 2025.

Planet Labs PBC (PL) Operating Expenses (2021 - 2026) Analysis & Trends

Planet Labs PBC has disclosed Operating Expenses across 6 years of filings, most recently posting $85.3 million for Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 43.65% year-over-year to $85.3 million; the trailing twelve-month figure through Apr 2026 stood at $293.5 million (up 17.88% YoY), and the FY2026 full-year result was $267.6 million, up 4.58% from the prior year.
  • Operating Expenses was $85.3 million for Q2 2026 at Planet Labs PBC, up 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.
  • The 5-year median for Operating Expenses is $67.0 million (2022), against an average of $68.5 million.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses surged 106.49% in 2022, then dropped 18.63% in 2024.
  • Year by year, Operating Expenses stood at $67.6 million in 2022, then rose by 9.29% to $73.9 million in 2023, then dropped by 18.63% to $60.1 million in 2024, then advanced by 7.98% to $64.9 million in 2025, then jumped by 31.37% to $85.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $85.3 million in Q2 2026, $83.0 million in Q1 2026, and $64.9 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 1.85 Mn
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 10.18 Bn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 19.59 Bn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 2.10 Bn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 120.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn 12.06 Bn
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 8.89 Bn
10 Planet Labs PBC 10.58 Bn 9.85 Bn 50.40 Mn 85.29 Mn

Historic Data

Download Data
DateValue
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