---
schema_version: "secwatch.filing_event.v1"
accession: "0001836833-25-000062"
form_type: "8-K"
ticker: "PL"
cik: "0001836833"
company_name: "Planet Labs PBC"
filed_at: "2025-06-04T23:59:59+00:00"
generated_at: "2026-05-20T00:12:29.951575+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Planet Labs Q1 FY2026: Record revenue $66.3M (+10% YoY), first-ever positive FCF $8.0M

## Summary
- 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.

## SEC filing metadata
- accession: 0001836833-25-000062
- form_type: 8-K
- ticker: PL
- cik: 0001836833
- company_name: Planet Labs PBC
- filed_at: 2025-06-04T23:59:59+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/1836833/000183683325000062/0001836833-25-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836833/000183683325000062/pl-20250604.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001836833-25-000062
- JSON: https://secwatch.observer/filing/0001836833-25-000062.json
- Plain text: https://secwatch.observer/filing/0001836833-25-000062.txt

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