Planet Labs PBC (PL) Operating Expenses (2021 - 2026)
Planet Labs PBC recorded quarterly Operating Expenses of $83.0 million in Q1 2026, up 27.89% quarter-over-quarter from $64.9 million in Q4 2025, and up 44.2% year-over-year from $57.6 million in Q1 2025.
Planet Labs PBC's Operating Expenses history runs 6 years deep, the most recent figure standing at $83.0 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 44.2% year-over-year to $83.0 million; the TTM figure through Jan 2026 stood at $267.6 million (up 4.58% YoY), while the FY2026 annual figure was $267.6 million, up 4.58% from the prior year.
- Operating Expenses came in at $83.0 million for Q1 2026 at Planet Labs PBC, up from $64.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $83.0 million in Q1 2026 to a low of $57.6 million in Q1 2025.
- A 5-year average of $67.5 million and a median of $66.4 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 106.49% in 2022 and fell 18.63% in 2024, its largest moves.
- Planet Labs PBC's 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 climbed by 27.89% to $83.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $83.0 million, $64.9 million, and $60.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 10.18 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 19.59 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.10 Bn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 120.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 12.06 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 132.46 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 8.89 Bn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 273.00 Mn |
| 10 | Planet Labs PBC | 13.65 Bn | 13.24 Bn | 47.03 Mn | 83.03 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Apr 30, 2021 | 31.10 Mn |