---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-25-000039"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2025-03-20T23:59:59+00:00"
generated_at: "2026-05-24T10:45:15.376558+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Planet Labs reports first Adjusted EBITDA profit of $2.4M, record Q4 revenue $61.6M

## Summary
- Q4 revenue $61.6M (+5% YoY); FY25 revenue $244.4M (+11% YoY), both records.
- Q4 gross margin 62% (55% YoY); Non-GAAP gross margin 65% (58% YoY).
- Adjusted EBITDA profit $2.4M vs ($9.8M) loss YoY; FY25 loss narrowed to ($10.6M).
- RPOs $407.5M (+179% QoQ); signed $230M Pelican deal with SKY Perfect JSAT.

## SEC filing metadata
- accession: 0001836833-25-000039
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2025-03-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836833/000183683325000039/0001836833-25-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683325000039/pl-20250320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-25-000039
- JSON: https://secwatch.observer/filing/0001836833-25-000039.json
- Plain text: https://secwatch.observer/filing/0001836833-25-000039.txt

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