Planet Labs PBC (PL) Operating Margin (2021 - 2026)
Planet Labs PBC (PL) recorded Operating Margin of -11.64% in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 12.83 percentage points from -24.47% a year earlier and up 25.42 percentage points from the prior quarter.
Planet Labs PBC (PL) Operating Margin (2021 - 2026) Analysis & Trends
On a TTM basis, Planet Labs PBC's Operating Margin came in at -27.16% as of Jul 31, 2026, up 4.35 percentage points year-over-year; for FY2026 (ended Jan 31, 2026), it came in at -30.90%, up 16.63 percentage points from FY2025.
- Annual Operating Margin has increased for four straight fiscal years, with a five-year change of +46.37 percentage points (FY2021 to FY2026).
- Across earlier fiscal years, Operating Margin came in at -47.52% in FY2025 (+29.39 pp), -76.91% in FY2024 (+14.94 pp), -91.85% in FY2023 (+5.74 pp) and -97.59% in FY2022 (-20.33 pp).
- The fiscal Q2 2027 figure is the highest quarterly Operating Margin in data going back to fiscal Q1 2022.
- On a year-over-year basis, Operating Margin rose in six of the last eight quarters, with an average year-over-year change of +19.16 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 73.42 percentage points in fiscal Q4 2023, against a drop of 61.75 percentage points in fiscal Q1 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -37.06% (Q1 2027), -41.47% (Q4 2026) and -22.57% (Q3 2026).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -11.64% |
| Apr 30, 2026 | -37.06% |
| Jan 31, 2026 | -41.47% |
| Oct 31, 2025 | -22.57% |
| Jul 31, 2025 | -24.47% |
| Apr 30, 2025 | -34.36% |
| Jan 31, 2025 | -31.46% |
| Oct 31, 2024 | -36.90% |
| Jul 31, 2024 | -64.78% |
| Apr 30, 2024 | -57.20% |
| Jan 31, 2024 | -57.63% |
| Oct 31, 2023 | -86.42% |
| Jul 31, 2023 | -80.50% |
| Apr 30, 2023 | -84.80% |
| Jan 31, 2023 | -80.58% |
| Oct 31, 2022 | -85.77% |
| Jul 31, 2022 | -88.01% |
| Apr 30, 2022 | -118.91% |
| Jan 31, 2022 | -154.00% |
| Jul 31, 2021 | -79.81% |
Planet Labs PBC Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=PL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "PL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=PL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();