---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-24-000030"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:29:14.547609+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Planet Labs reports record FY2024 revenue $220.7M, up 15%; President Kevin Weil to resign May 6

## Summary
- Full-year revenue $220.7M (+15% YoY); Q4 revenue $58.9M (+11% YoY).
- Customer count surpassed 1,000 to 1,018 (+15% YoY); recurring ACV 93%.
- Cash and short-term investments $298.9M, no debt; targets adjusted EBITDA profitability by Q4 FY25.
- Kevin Weil (President, Product & Business) resigns effective May 6; Ashley Johnson appointed President and CFO.
- Pelican tech demo satellite performing in orbit; Tanager satellite planned for launch later in 2024.

## SEC filing metadata
- accession: 0001836833-24-000030
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000030/0001836833-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000030/pl-20240325.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-24-000030
- JSON: https://secwatch.observer/filing/0001836833-24-000030.json
- Plain text: https://secwatch.observer/filing/0001836833-24-000030.txt

## Key facts
- Executive change
  Kevin Weil resigned as President, Product & Business at Planet Labs PBC.
  - Action: resigned
  - Role: President, Product & Business
  source text: On March 25, 2024, Kevin Weil, President, Product & Business of the Company informed the Company of his intention to resign from his role effective May 6, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000030/0001836833-24-000030-index.htm
- Executive change
  Ashley Johnson was appointed as President and Chief Financial Officer at Planet Labs PBC.
  - Action: appointed
  - Role: President and Chief Financial Officer
  source text: In addition, on March 27, 2024, the Board appointed Ashley Johnson, the Company’s current Chief Financial and Operating Officer, as the Company’s President and Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000030/0001836833-24-000030-index.htm

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