Planet Labs Q3 FY2024 revenue $55.4M, up 11% YoY; launches 37 satellites

Planet Labs PBC

2024-Q3 EPS reported -$0.40 revenue$161,844,000

Revenue $55.4M, up 11% YoY; 94% of annual contract value is recurring.
GAAP gross margin 47%, non-GAAP 52%, down from 50% and 54% YoY.
Customer count 976, up 13% YoY; cash & short-term investments $315M, no debt.
Launched 36 SuperDove satellites and first Pelican tech demo satellite.
Released new forest carbon product; strength in Civil Government and Defense & Intelligence.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Planet Labs PBC reported third fiscal quarter ended October 31, 2023 results: revenue $55.4 million.

Period: third fiscal quarter ended October 31, 2023
Revenue: $55.4 million
Result: reported results

Exact text from the filing

Planet Reports Financial Results for Third Quarter of Fiscal 2024 Delivers Record Quarterly Revenue of $55.4 Million

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

Planet Labs PBC filing history →

Source: SEC EDGAR

accession 0001836833-23-000107

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