secwatch.observer — SEC 8-K summary
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Issuer:     Planet Labs PBC (PL)
CIK:        0001836833
Form:       8-K
Filed at:   2026-09-03T20:05:15+00:00
Accession:  0001193125-26-381874
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Planet Labs Q2 FY27 revenue up 58% to record $116.1M; adjusted EBITDA $13.9M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836833/000119312526381874/0001193125-26-381874-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836833/000119312526381874/pl-20260903.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-381874

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