---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-24-000061"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T06:00:27.227025+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Planet Labs Q1 FY2025 revenue $60.4M (+15% YoY); net loss narrows to $29.3M

## Summary
- Record quarterly revenue of $60.4M, up 15% YoY; net loss improved to ($29.3M) from ($34.4M).
- Adjusted EBITDA loss narrowed to ($8.4M) from ($19.1M); cash and investments $276M, no debt.
- Customer count grew 14% YoY to 1,031; NRO renewed EOCL contract for PlanetScope and SkySat.
- Q2 guidance: revenue $59M-$63M, Non-GAAP gross margin 51%-53%, Adjusted EBITDA loss ($10M)-($7M).
- Launched Planet Insights Platform; Tanager-1 hyperspectral satellite arrived at Vandenberg for July launch.

## SEC filing metadata
- accession: 0001836833-24-000061
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000061/0001836833-24-000061-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000061/pl-20240606.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-24-000061
- JSON: https://secwatch.observer/filing/0001836833-24-000061.json
- Plain text: https://secwatch.observer/filing/0001836833-24-000061.txt

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