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
DateValue
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