Industrials · NYSE/NASDAQ: PL

Planet Labs PBC

Aerospace & Defense
Market Cap $10.90B
Verdict: Weak

Quality Scores

Multi-Bagger
42/100
Compounder Quality
38/100
Management Credibility
55/100
Governance
65/100
Cash Flow Quality
65/100

AI Summary

Planet Labs PBC (PL) operates as a high-growth, space-as-a-service data provider, yet its financial profile remains characterized by persistent structural losses. While revenue has scaled from $131M in 2022 to over $307M in the 2026 reporting cycle, the bottom line exhibits extreme volatility with a massive $246M net loss in the most recent period. The business model benefits from high operating leverage but is currently being weighed down by massive depreciation, amortization, and stock-based compensation. Recent improvements in operating cash flow offer a glimmer of hope, moving from…

Top Opportunities

  • Consistent double-digit revenue growth
  • Zero long-term debt balance sheet
  • Improving operating margins (trend-wise)

Top Risks

  • Persistent and deep GAAP net losses
  • Massive erosion of Stockholders Equity
  • Negative free cash flow history

Latest report: Read the annual report summary →

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