Planet Labs PBC (PL) Research & Development (2021 - 2026)
Planet Labs PBC (PL) posted Research & Development of $22.8 million for Q2 2026, up 1311.81% sequentially from -$1.9 million in Q1 2026, and up 39.65% YoY from $16.3 million in Q2 2025.
Planet Labs PBC (PL) Research & Development (2021 - 2026) Analysis & Trends
Planet Labs PBC has reported Research & Development for 6 years, with the latest figure at $22.8 million in Q2 2026.
- Quarterly Research & Development rose 39.65% year-over-year to $22.8 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $72.4 million (down 14.3% YoY) and the FY2026 annual result came in at $72.7 million, down 6.46% from the prior year.
- Research & Development grew to $22.8 million in Q2 2026 per PL's latest filing, from -$1.9 million in the prior quarter.
- Over five years, Research & Development peaked at $50.1 million in Q1 2024 and troughed at -$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.
- The sharpest annual moves came in 2023 and 2024: Research & Development sank 380.47% in 2023, then jumped 165.8% in 2024.
- Over 5 years, Research & Development stood at $27.6 million in 2022, then declined by 24.73% to $20.8 million in 2023, then advanced by 21.38% to $25.2 million in 2024, then grew by 8.37% to $27.3 million in 2025, then dropped by 16.63% to $22.8 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $22.8 million, -$1.9 million, and $27.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 358.52 Bn | 349.17 Bn | 6.95 Bn | 460.00 Mn |
| 2 | Rtx | 287.21 Bn | 278.91 Bn | 9.91 Bn | 726.00 Mn |
| 3 | Boeing | 170.11 Bn | 150.08 Bn | 2.41 Bn | 921.00 Mn |
| 4 | Lockheed Martin | 131.49 Bn | 127.70 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 109.12 Bn | 108.56 Bn | 951.00 Mn | 8.00 Mn |
| 6 | General Dynamics | 104.21 Bn | 99.88 Bn | 6.76 Bn | - |
| 7 | Northrop Grumman | 80.06 Bn | 77.76 Bn | 3.72 Bn | - |
| 8 | TransDigm | 67.85 Bn | 65.08 Bn | 1.63 Bn | - |
| 9 | L3Harris Technologies | 50.31 Bn | 48.79 Bn | 1.50 Bn | - |
| 10 | Planet Labs PBC | 7.64 Bn | 6.91 Bn | 50.40 Mn | 33.42 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 |