---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-24-000117"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:46:30.810456+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Planet Labs Q3 FY2025 revenue $61.3M (+11% YoY); record gross margins; narrows Adj EBITDA loss

## Summary
- Revenue $61.3M (+11% YoY); record GAAP gross margin 61% (up 1400 bps); Non-GAAP gross margin 64% (up 1200 bps).
- Net loss $20.1M vs $38.0M YoY; GAAP EPS -$0.07; Non-GAAP EPS -$0.02.
- Adjusted EBITDA loss $0.2M vs $12.0M; on track for Adj EBITDA profitability in Q4 FY2025.
- Cash $242M, no debt; record ACV bookings; key wins: NASA $19.95M order, US DoD pilot, Brazil Federal Police renewal; Pelican-2 and Tanager-1 milestones.

## SEC filing metadata
- accession: 0001836833-24-000117
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2024-12-09T23:59:59+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/1836833/000183683324000117/0001836833-24-000117-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683324000117/pl-20241209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-24-000117
- JSON: https://secwatch.observer/filing/0001836833-24-000117.json
- Plain text: https://secwatch.observer/filing/0001836833-24-000117.txt

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