Earnings summaries and quarterly performance for Planet Labs PBC.
Executive leadership at Planet Labs PBC.
Board of directors at Planet Labs PBC.
Research analysts who have asked questions during Planet Labs PBC earnings calls.
Caleb Henry
Quilty Space
5 questions for PL
Also covers: ASTS, BKSY, TSAT
Mike Latimore
Northland Capital Markets
5 questions for PL
Also covers: AI, AXON, CTLP +22 more
Ryan Koontz
Needham & Company, LLC
5 questions for PL
Also covers: AAOI, ADTN, ANET +27 more
Colin Canfield
Cantor Fitzgerald
4 questions for PL
Also covers: AIRO, AMTM, ASTS +10 more
Trevor Walsh
Citizens JMP
4 questions for PL
Also covers: AMTM, AVAV, AXON +9 more
Anthony Valentini
Goldman Sachs
3 questions for PL
Also covers: AVAV, BETA, CAE +4 more
Jason Gursky
Citigroup Inc.
3 questions for PL
Also covers: BA, CW, DCO +15 more
Jeff Van Rhee
Craig-Hallum Capital Group LLC
3 questions for PL
Also covers: AKAM, ALKT, ASUR +17 more
Daniel Hibshman
Craig-Hallum Capital Group LLC
2 questions for PL
Also covers: AKAM, BKSY, CRNC +7 more
Gregory Pendi
Clear Street
2 questions for PL
Kristine Liwag
Morgan Stanley
2 questions for PL
Also covers: , AER, AMTM +27 more
Trevor James Walsh
JMP Securities
2 questions for PL
Christopher Quilty
Quilty Space
1 question for PL
Also covers: ASTS, BKSY, GILT +7 more
Daniel
Craig-Hallum Capital Group
1 question for PL
Edison Yu
Deutsche Bank
1 question for PL
Also covers: ACHR, ADNT, ALV +19 more
Greg Pendy
Clear Street
1 question for PL
Also covers: ASTS, BMTX, LUNR
Joshua Sullivan
The Benchmark Company
1 question for PL
Also covers: ACHR, AIR, ATI +13 more
Michael James Latimore
Northland
1 question for PL
Ryan Boyer Koontz
Needham
1 question for PL
Xin Yu
Deutsche Bank
1 question for PL
Also covers: ACHR, ADNT, ALV +12 more
Recent press releases and 8-K filings for PL.
Planet Labs PBC Renews 8-Figure Defense Contract
PL
Revenue Acceleration/Inflection
New Projects/Investments
- Planet Labs PBC (PL) announced an 8-figure contract renewal with a longstanding international defense and intelligence customer.
- The renewed agreement provides the customer with access to Planet’s Pelican and SkySat assured tasking capabilities for critical monitoring and intelligence gathering.
- This contract reinforces Planet's continued growth in the defense sector, following earlier announcements with entities such as the German government and the U.S. Department of Defense.
Nov 5, 2025, 2:03 PM
Planet Labs Federal Awarded Luno B Contract by NGA
PL
New Projects/Investments
Revenue Acceleration/Inflection
- Planet Labs Federal, a subsidiary of Planet Labs PBC, has been awarded a contract by the National Geospatial-Intelligence Agency (NGA) under the Luno B indefinite delivery, indefinite quantity (IDIQ) contract.
- The initial award is for $12.8 million for Advanced Analytics for Maritime Operations and Reconnaissance (AAMOR).
- Under this award, Planet will provide AI-enabled Maritime Domain Awareness solutions, which include vessel detections and monitoring over key areas of interest in Asia-Pacific.
- These solutions integrate Planet’s daily, global PlanetScope data and SynMax’s Theia product analytics to help detect illegal, unreported, and unregulated (IUU) fishing, illicit ship-to-ship transfers, and vessel spoofing.
Oct 16, 2025, 1:02 PM
Planet Highlights Strategic Shift to AI and Satellite Services at 2025 Investor Day
PL
Revenue Acceleration/Inflection
Debt Issuance
New Projects/Investments
- Planet announced a strategic transformation focusing on AI-enabled solutions and satellite services, which has led to positive cash flow this year, a year ahead of plan.
- The company reported a significant increase in its backlog, reaching $736,000,000 at the end of the last quarter, representing a 3x growth in twelve months. This underpins an expected acceleration in year-on-year quarterly revenue growth into next year.
- Recent financial activities include raising $460,000,000 in convertible debt and generating $54,000,000 in free cash flow in H1.
- Planet secured major new contracts, including a $230,000,000 partnership with JSAT for building 10 Pelican satellites, a €240,000,000 agreement with the German government, and an 8-figure partnership with the NGA (including a $12,800,000 win for LUNO B).
- The company aims for 20%+ long-term revenue growth and 25%+ adjusted EBITDA margins, supported by its scalable one-to-many business model and ongoing investments in space and AI innovation.
Oct 16, 2025, 1:00 PM
Planet Labs PBC Secures US Navy Contract Renewal
PL
New Projects/Investments
- Planet Labs PBC (NYSE: PL) has been awarded a $7.5 million contract renewal by the US Navy.
- The contract is for vessel detection and monitoring over key areas of interest in the Pacific.
- It integrates Planet's daily PlanetScope and high-resolution SkySat data into the SeaVision platform, leveraging SynMax's AI technology for detecting "dark vessels".
Oct 7, 2025, 1:03 PM
Planet Ships Pelican and SuperDove Satellites for Launch
PL
Product Launch
New Projects/Investments
- Planet Labs PBC (NYSE: PL) has shipped Pelican-5 and Pelican-6 satellites along with 36 SuperDoves (Flock 4H) to Vandenberg Space Force Base in California for an upcoming launch with SpaceX.
- These new satellites will expand Planet's high-resolution imaging capabilities, with Pelicans providing 50 cm imagery and on-orbit AI processing, and SuperDoves bolstering the daily global PlanetScope monitoring mission.
- The expansion is driven by "incredible demand" for high-resolution data, with Planet planning multiple additional Pelican satellite launches over the next twelve months.
Oct 1, 2025, 1:03 PM
Planet Labs to Expand Satellite Production in Berlin with Eight-Figure Investment
PL
New Projects/Investments
Hiring
- Planet Labs is establishing its first satellite production facility outside the U.S. in Berlin, Germany, with an investment exceeding eight figures.
- This new facility will double the production capacity of the company's Pelican satellite fleet and add up to 70 new employees.
- The expansion is influenced by a recent €240 million satellite service contract with Germany and the importance of AI-enabled rapid image analysis for timely military reconnaissance.
- The Berlin satellite production facility was established without receiving any government subsidies.
Sep 25, 2025, 9:46 AM
Planet Labs PBC Closes Upsized Convertible Senior Notes Offering
PL
Debt Issuance
Convertible Preferred Issuance
- Planet Labs PBC (NYSE:PL) announced the closing of an upsized offering of $460,000,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2030, which includes the full exercise of the initial purchasers' option.
- The notes have a five-year maturity and an initial conversion price of approximately $11.95 per share, representing a 32.5% premium over the $9.02 per share closing price on September 9, 2025.
- To manage potential dilution, Planet entered into capped call transactions, effectively increasing the conversion price up to $18.04 per share.
- This strategic financing is intended to strengthen the company's balance sheet and enhance its competitive position, while minimizing dilution for existing shareholders.
Sep 12, 2025, 8:30 PM
Planet Labs PBC Prices Upsized Convertible Senior Notes Offering
PL
Debt Issuance
- Planet Labs PBC announced the pricing of an upsized offering of $400,000,000 aggregate principal amount of 0.50% Convertible Senior Notes due 2030 on September 9, 2025.
- The initial purchasers exercised their option to purchase an additional $60,000,000 in notes on September 10, 2025, bringing the total aggregate principal amount of the offering to $460,000,000.
- The notes, which mature on October 15, 2030, have an initial conversion price of approximately $11.95 per share, representing a 32.5% premium over the $9.02 closing price of Planet's Class A common stock on September 9, 2025.
- The net proceeds from the offering totaled approximately $445.8 million, with $39.6 million allocated to capped call transactions and the remainder intended for general corporate purposes.
Sep 12, 2025, 8:06 PM
Planet Labs Announces Pelican Satellite Shipments and Production Ramp-Up
PL
Product Launch
New Projects/Investments
- Planet Labs PBC has shipped its Pelican-3 and Pelican-4 satellites to Vandenberg Space Force Base for launch aboard SpaceX’s Falcon 9 rocket.
- The company announced its satellite production line is now fully ramped and operational, demonstrating its ability to rapidly manufacture large fleets of Earth-imaging satellites at scale.
- These Gen 1 Pelican satellites are designed to provide up to 40 cm class resolution imagery and are equipped with NVIDIA Jetson AI chips. Second generation Pelican satellites, expected to launch beginning next year, are projected to reach 30 cm resolution.
- The new Pelican spacecraft will supplement Planet's existing fleet, providing significant additional capacity for on-demand, high-resolution tasking for customers.
Jul 29, 2025, 8:08 PM
Planet Labs Stock Climbs Amid New Deals and Increased Defense Spending
PL
Revenue Acceleration/Inflection
New Projects/Investments
- Planet Labs' stock has experienced significant growth, with a 7% rise this week, a 62% year-to-date return, and a 200% increase over the past 12 months.
- The Earth observation and analytics company has recently secured a flurry of deals, including with Germany, NATO, and the US Defense Department, and extended another deal this week.
- CEO Will Marshall highlights that the changing geopolitical landscape and advancements in AI are driving demand, leading to increased defense and space spending in the US and Europe.
- Planet Labs possesses a unique and critical data set, including 3,000 images for every point on Earth's landmass and eight years of daily scans, which is essential for training AI to understand the real world.
Jul 18, 2025, 9:07 PM
Quarterly earnings call transcripts for Planet Labs PBC.
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