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

Planet Labs PBC (PL) recorded quarterly Research & Development of $33.4 million in Q2 2026, up 3.81% quarter-over-quarter from $32.2 million in Q1 2026, and up 44.84% year-on-year from $23.1 million in Q2 2025.

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 $33.4 million for Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 44.84% year-over-year to $33.4 million; the trailing twelve-month figure through Apr 2026 stood at $117.1 million (up 18.89% YoY), and the FY2026 full-year result was $106.7 million, up 5.69% from the prior year.
  • Research & Development was $33.4 million for Q2 2026 at Planet Labs PBC, up from $32.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $33.4 million in Q2 2026 and troughed at -$76.2 million in Q1 2023.
  • The 5-year median for Research & Development is $27.0 million (2022), against an average of $21.5 million.
  • The sharpest annual moves came in 2023 and 2024: Research & Development plunged 380.47% in 2023, then jumped 137.29% in 2024.
  • Year by year, 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 rose by 22.3% to $33.4 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $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 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 406,069.86
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn 440.00 Mn
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn 627.00 Mn
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 903.00 Mn
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn -
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn 9.00 Mn
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn -
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn -
10 Planet Labs PBC 10.58 Bn 9.85 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