---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-22-000034"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2022-06-14T23:59:59+00:00"
generated_at: "2026-06-25T02:06:23.806705+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Planet Labs Q1 revenue $40.1M (+26% YoY); NRO contract drives momentum

## Summary
- Revenue $40.1M (+26% YoY); 92% recurring ACV; customer count 826 (+23% YoY).
- Gross margin 41% (GAAP) and 45% (Non-GAAP), up from 40% and 41% respectively.
- Ended quarter with $484M cash; no debt.
- Received landmark EOCL contract from U.S. NRO; Planet's largest contract to date.
- Tightened FY'23 guidance; Q2 sees 38% YoY growth at midpoint.

## SEC filing metadata
- accession: 0001836833-22-000034
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2022-06-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000183683322000034/0001836833-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683322000034/pl-20220614.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-22-000034
- JSON: https://secwatch.observer/filing/0001836833-22-000034.json
- Plain text: https://secwatch.observer/filing/0001836833-22-000034.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.