earnings
confidence high
sentiment positive
materiality 0.80
Planet Labs Q1 FY2026: Record revenue $66.3M (+10% YoY), first-ever positive FCF $8.0M
Planet Labs PBC
2026-Q1 EPS
reported -$0.04
vs consensus -$0.05
▲ beat
(+17.7%)
- Record revenue of $66.3M, up 10% YoY; GAAP net loss narrowed to $12.6M from $29.3M.
- First-ever positive free cash flow of $8.0M; operating cash flow $17.3M.
- Adjusted EBITDA profit of $1.2M vs. ($8.4M) loss a year ago; GAAP EPS ($0.04), non-GAAP EPS $0.00.
- RPOs surged 262% YoY to $451.9M; backlog up 140% to $527.0M.
- Cash and short-term investments $226.1M; 97% of ACV from recurring contracts.