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04.09.26 - 15:18
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Planet Labs Rallies 10% as Record Revenue Overrides Soft Q3 Guidance (24/7 Wall St.)
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Planet Labs (NYSE:PL) stock is rallying 10% to $20.10 in early Friday trading after the Earth-observation company posted a record Q2 FY2027 revenue beat that overshadowed a softer third-quarter revenue outlook. The reversal stands out because the stock closed at $18.35 on Thursday, falling 8% into the report. Planet Labs stock was up 185% over […]...
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03.09.26 - 22:09
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Planet Reports Financial Results for Second Quarter of Fiscal Year 2027 (Business Wire)
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Delivered Record Quarterly Revenue of $116 Million, up 58% YoY
Successfully Launched Pelican Tech Demo
Shipped Tanager-2 & SuperDove Satellites to Vandenburg for Launch
End of Period Cash, Cash Equivalents, and Short-Term Investments Increased 219% YoY to $865 MillionSAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about change on Earth, today announced financial results for the period ended July 31, 2026.
“Planet delivered an outstanding second quarter, with record revenue of $116.1 million, representing 58% year-over-year growth and our fourth consecutive quarter of meeting or exceeding the Rule of 40,” said Will Marshall, Planet's Co-Founder, Chief Executive Officer and Chairperson. “The team continues to demonstrate strong execution, highlighted by our satellite handover for the Swedish Armed Forces and landmark contract wins in August with the NGA and the German government. We've seen incredible tract...
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