Planet Labs PBC (PL) Research & Development (2021 - 2026)
Planet Labs PBC (PL) reported Research & Development of $22.8 million for Q2 2026, up 39.65% on a YoY basis from $16.3 million in Q2 2025, and up 1311.81% sequentially from -$1.9 million in Q1 2026.
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 $22.8 million in Q2 2026.
- For the quarter ending Q2 2026, Research & Development rose 39.65% year-over-year to $22.8 million; the trailing twelve-month figure through Apr 2026 stood at $72.4 million (down 14.3% YoY), and the FY2026 full-year result was $72.7 million, down 6.46% from the prior year.
- Research & Development grew to $22.8 million in Q2 2026, from -$1.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $50.1 million in Q1 2024 to a low of -$76.2 million in Q1 2023.
- A 5-year average of $18.2 million and a median of $24.5 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development tumbled 380.47% in 2023 and surged 165.8% in 2024, its largest moves.
- Tracing PL's Research & Development over 5 years: stood at $27.6 million in 2022, then decreased by 24.73% to $20.8 million in 2023, then increased by 21.38% to $25.2 million in 2024, then gained by 8.37% to $27.3 million in 2025, then retreated by 16.63% to $22.8 million in 2026.
- Business Quant data shows PL's Research & Development at $22.8 million in Q2 2026, -$1.9 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 | General Electric | 372.79 Bn | 363.45 Bn | -3.10 Bn | 460.00 Mn |
| 2 | Rtx | 287.75 Bn | 279.45 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 168.20 Bn | 148.18 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 132.24 Bn | 128.45 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 112.64 Bn | 110.21 Bn | 854.00 Mn | 9.00 Mn |
| 6 | General Dynamics | 102.41 Bn | 98.08 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 75.82 Bn | 73.52 Bn | 3.72 Bn | - |
| 8 | TransDigm | 72.64 Bn | 68.76 Bn | 1.51 Bn | - |
| 9 | L3Harris Technologies | 50.81 Bn | 50.22 Bn | 1.40 Bn | - |
| 10 | Planet Labs PBC | 7.06 Bn | 6.43 Bn | 50.40 Mn | 22.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 22.78 Mn |
| Jan 31, 2026 | -1.88 Mn |
| Oct 31, 2025 | 27.33 Mn |
| Jul 31, 2025 | 24.16 Mn |
| Apr 30, 2025 | 16.31 Mn |
| Jan 31, 2025 | 15.68 Mn |
| Oct 31, 2024 | 25.22 Mn |
| Jul 31, 2024 | 27.25 Mn |
| Apr 30, 2024 | 21.49 Mn |
| Jan 31, 2024 | 50.13 Mn |
| Oct 31, 2023 | 20.77 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 | 19.48 Mn |
| Apr 30, 2022 | 24.75 Mn |
| Jan 31, 2022 | 27.16 Mn |
| Jul 31, 2021 | 12.43 Mn |
| Apr 30, 2021 | 10.65 Mn |