earnings
confidence high
sentiment positive
materiality 0.85
Planet Labs Q2 FY27 revenue up 58% to record $116.1M; adjusted EBITDA $13.9M
Planet Labs PBC
- Record Q2 revenue $116.1M, up 58% YoY; 4th straight quarter meeting/exceeding Rule of 40.
- Adjusted EBITDA profit $13.9M vs $6.4M prior year; GAAP net loss narrowed to $9.4M from $22.6M.
- Cash, equivalents & ST investments $865.4M, up 219% YoY; raised ~$120M via ATM at avg $31.95/share.
- RPOs $753.1M (46% next 12 months); backlog $814.9M; 98% recurring ACV.
- Won Swedish Armed Forces satellite handover; August contract wins with NGA and German government.