Planet Labs PBC (PL-WT) Q2 2026 Earnings Report

Revenue: $73.386 million (YoY +20.12%, QoQ +10.75%). Gross Profit: $42.268 million; Gross Margin: 57.60% (YoY +26.20%, QoQ +15.48%). Operating Income: -$16.996 million; Operating Margin: -23.16% (YoY improvement in rate but still negative). Net Income: -$22.592 million; Net Margin: -30.78% (YoY +41.57%, QoQ -78.90%). EBITDA: -$11.473 million; EBITDA Margin: -15.63%. EPS: -$0.0743 (YoY +42.85%, QoQ -76.48%). Weighted Avg Shares: 304.129 million. Cash Flow: Net cash from operating activities $67.774 million; Free cash flow $49.329 million. Capex: $18.445 million; Free cash flow yield remains favorable relative to earnings power. Balance Sheet: Cash & equivalents $187.403 million; Short-term investments $90.450 million; Total cash & equivalents/investments $277.853 million. Total current assets $355.463 million; PPE net $147.387 million; Goodwill $138.644 million; Intangible assets $26.624 million; Total assets $696.425 million; Total current liabilities $203.491 million; Long-term debt $18.278 million; Total liabilities $260.736 million; Total stockholders’ equity $435.689 million. Notably, the dataset shows a net debt figure of -$169.861 million, implying net cash, though there is an inconsistency between reported cash/debt items and the stated net debt in the file.