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| 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 |