---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-23-000107"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2023-12-07T23:59:59+00:00"
generated_at: "2026-06-07T16:22:29.082347+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001836833-23-000107
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2023-12-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000183683323000107/0001836833-23-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683323000107/pl-20231207.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-23-000107
- JSON: https://secwatch.observer/filing/0001836833-23-000107.json
- Plain text: https://secwatch.observer/filing/0001836833-23-000107.txt

## Key facts
- Earnings Releases
  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
  source text: Planet Reports Financial Results for Third Quarter of Fiscal 2024 Delivers Record Quarterly Revenue of $55.4 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836833/000183683323000107/0001836833-23-000107-index.htm

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