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| Date | Value |
|---|---|
| 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 |