Question · Q2 2026
Michael James Latimore inquired about the dynamics driving increased customer usage levels, including whether customers are discussing early renewals or expansions, or paying overage fees, and if this strong usage trend is continuing into the third quarter. He also asked for an updated timeframe for the EOCL deal renewal beyond October.
Answer
Ashley Fieglein Johnson (President and CFO, Planet) explained that for guidance purposes, the company conservatively assumes usage will return to historical levels, given government budget dynamics, despite some customers seeking early renewals. Will Marshall (Chairman, Co-Founder, and CEO, Planet) reiterated the company's commitment to the EOCL expansion, focusing on core area analytics and commercial solutions, but did not provide a new specific renewal timeframe beyond October.