Planet Labs Q4 revenue $37.1M (+23% YoY); FY2022 revenue $131.2M (+16%)

Planet Labs PBC

2022-FY EPS reported -$1.72 revenue$131,209,000

Q4 GAAP gross margin expanded to 37% from 25% YoY; Non-GAAP gross margin 42%.
Full year revenue $131.2M (+16% YoY); customer count up 25% to 770.
Net dollar retention rate 116% (including winbacks) for fiscal year.
Ended year with $490.8M cash, no debt; raised $590M from business combination.
Company expects significant topline acceleration in fiscal 2023.

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