Planet Labs PBC (PL) Research & Development (2021 - 2026)
Planet Labs PBC recorded quarterly Research & Development of $32.2 million in Q1 2026, up 17.81% quarter-over-quarter from $27.3 million in Q4 2025, and up 40.27% year-over-year from $23.0 million in Q1 2025.
Planet Labs PBC's Research & Development history runs 6 years deep, the most recent figure standing at $32.2 million for Q1 2026.
- In Q1 2026, Research & Development rose 40.27% year-over-year to $32.2 million; the TTM figure through Jan 2026 stood at $106.7 million (up 5.69% YoY), while the FY2026 annual figure was $106.7 million, up 5.69% from the prior year.
- Research & Development came in at $32.2 million for Q1 2026 at Planet Labs PBC, up from $27.3 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $33.0 million in Q4 2023 to a low of -$76.2 million in Q1 2023.
- A 5-year average of $20.8 million and a median of $26.7 million in 2023 frame the typical range for Research & Development.
- Across the five-year window, Research & Development plunged 380.47% in 2023 and soared 137.29% in 2024, its largest moves.
- Planet Labs PBC's Research & Development stood at $27.6 million in 2022, then climbed by 19.58% to $33.0 million in 2023, then fell by 23.59% to $25.2 million in 2024, then climbed by 8.37% to $27.3 million in 2025, then advanced by 17.81% to $32.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $32.2 million, $27.3 million, and $24.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 440.00 Mn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 627.00 Mn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 903.00 Mn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 9.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | - |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 80.51 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | - |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | - |
| 10 | Planet Labs PBC | 13.65 Bn | 13.24 Bn | 47.03 Mn | 32.19 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |