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| 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 |