Planet Labs PBC (PL) Research & Development (2021 - 2026)

Planet Labs PBC (PL) posted Research & Development of $33.4 million for Q2 2026, up 3.81% sequentially from $32.2 million in Q1 2026, and up 44.84% YoY from $23.1 million in Q2 2025.

Planet Labs PBC (PL) Research & Development (2021 - 2026) Analysis & Trends

Planet Labs PBC (PL) has 6 years of Research & Development data on file, last reported at $33.4 million in Q2 2026.

  • Quarterly Research & Development rose 44.84% year-over-year to $33.4 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $117.1 million (up 18.89% YoY) and the FY2026 annual result came in at $106.7 million, up 5.69% from the prior year.
  • Research & Development rose to $33.4 million in Q2 2026 per PL's latest filing, from $32.2 million in the prior quarter.
  • The five-year high for Research & Development was $33.4 million in Q2 2026, with the low at -$76.2 million in Q1 2023.
  • Average Research & Development over 5 years is $21.5 million, with a median of $27.0 million recorded in 2022.
  • Year-over-year, Research & Development tumbled 380.47% in 2023 and soared 137.29% in 2024.
  • Planet Labs PBC's Research & Development stood at $27.6 million in 2022, then increased by 19.58% to $33.0 million in 2023, then decreased by 23.59% to $25.2 million in 2024, then increased by 8.37% to $27.3 million in 2025, then advanced by 22.3% to $33.4 million in 2026.
  • Business Quant data shows PL's Research & Development at $33.4 million in Q2 2026, $32.2 million in Q1 2026, and $27.3 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 903.00 Mn
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn 627.00 Mn
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 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 9.00 Mn
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn -
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn -
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn 80.51 Mn
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -
10 Planet Labs PBC 10.92 Bn 10.19 Bn 50.40 Mn 33.42 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 33.42 Mn
Jan 31, 2026 32.19 Mn
Oct 31, 2025 27.33 Mn
Jul 31, 2025 24.16 Mn
Apr 30, 2025 23.07 Mn
Jan 31, 2025 22.95 Mn
Oct 31, 2024 25.22 Mn
Jul 31, 2024 27.25 Mn
Apr 30, 2024 25.59 Mn
Jan 31, 2024 28.41 Mn
Oct 31, 2023 33.00 Mn
Jul 31, 2023 26.74 Mn
Apr 30, 2023 28.19 Mn
Jan 31, 2023 -76.19 Mn
Oct 31, 2022 27.60 Mn
Jul 31, 2022 26.74 Mn
Apr 30, 2022 24.75 Mn
Jan 31, 2022 27.16 Mn
Jul 31, 2021 12.43 Mn
Apr 30, 2021 12.13 Mn