Planet Labs PBC (PL) Research & Development (2021 - 2026)
Planet Labs PBC's (PL) quarterly Research & Development came in at $35.2 million in Q3 2026, up 45.54% year-over-year from $24.2 million in Q3 2025, and up 5.19% quarter-over-quarter from $33.4 million in Q2 2026.
Analysis
Planet Labs PBC (PL) Research & Development (2021 - 2026) Analysis & Trends
Planet Labs PBC has disclosed Research & Development across 6 years of filings, most recently posting $35.2 million for Q3 2026.
- In Q3 2026, Research & Development rose 45.54% year-over-year to $35.2 million; the TTM figure through Jul 2026 stood at $128.1 million (up 34.28% YoY), while the FY2026 annual figure was $106.7 million, up 5.69% from the prior year.
- Research & Development came in at $35.2 million for Q3 2026 at Planet Labs PBC, up from $33.4 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $35.2 million in Q3 2026 to a low of $23.0 million in Q1 2025.
- Average Research & Development over 5 years is $27.9 million, with a median of $27.2 million recorded in 2024.
- Year-over-year, Research & Development soared 115.07% in 2022 and declined 23.59% in 2024.
- Over 5 years, Research & Development stood at $27.6 million in 2022, then advanced by 19.58% to $33.0 million in 2023, then declined by 23.59% to $25.2 million in 2024, then advanced by 8.37% to $27.3 million in 2025, then grew by 28.65% to $35.2 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $35.2 million in Q3 2026, $33.4 million in Q2 2026, and $32.2 million in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Planet Labs PBC | 6.59 Bn | 5.72 Bn | 65.63 Mn | 35.16 Mn |
| 2 | Arlo Technologies | 1.50 Bn | 1.40 Bn | 75.22 Mn | 24.09 Mn |
| 3 | Evolv Technologies Holdings | 904.20 Mn | 841.57 Mn | 21.95 Mn | 12.70 Mn |
| 4 | Gorilla Technology | 361.15 Mn | 181.78 Mn | -2.11 Mn | -1.16 Mn |
| 5 | Rank One Computing | 80.71 Mn | 68.77 Mn | 4.57 Mn | 2.10 Mn |
| 6 | Rekor Systems | 74.32 Mn | 64.28 Mn | 7.11 Mn | 2.44 Mn |
| 7 | Odysight.ai | 61.67 Mn | 35.66 Mn | 177,000.00 | 2.32 Mn |
| 8 | LataMed AI | 24.14 Mn | 24.14 Mn | - | - |
| 9 | MicroCloud Hologram | 22.66 Mn | -349.98 Mn | - | - |
| 10 | WiMi Hologram Cloud | 22.25 Mn | -389.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 35.16 Mn |
| 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 | 31.83 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 |