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 (PL) has 6 years of Operating Expenses data on file, last reported 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.
  • The five-year high for Operating Expenses was $85.3 million in Q2 2026, with the low at $57.6 million in Q1 2025.
  • Average Operating Expenses over 5 years is $68.5 million, with a median of $67.0 million recorded in 2022.
  • Year-over-year, Operating Expenses jumped 106.49% in 2022 and slipped 18.63% in 2024.
  • Planet Labs PBC's Operating Expenses stood at $67.6 million in 2022, then advanced by 9.29% to $73.9 million in 2023, then fell by 18.63% to $60.1 million in 2024, then grew by 7.98% to $64.9 million in 2025, then soared by 31.37% to $85.3 million in 2026.
  • Business Quant data shows PL's Operating Expenses at $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 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 2.10 Bn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 19.59 Bn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn 12.06 Bn
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn -
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn 120.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 273.00 Mn
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 8.89 Bn
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 132.46 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn 750.00 Mn
10 Planet Labs PBC 10.92 Bn 10.19 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
Jul 31, 2021 34.85 Mn
Apr 30, 2021 31.10 Mn