Planet Labs Q4 revenue beats estimates

Planet Labs PBC

19/03/2026 20:19

Overview

US geospatial solutions provider's Q4 revenue grew 41% yr/yr, beating analyst expectations

Gross margin for Q4 declined to 54% from 62% a year earlier

Outlook

Planet Labs sees Q1 2027 revenue between $87 mln and $91 mln

Company expects full-year 2027 revenue of $415 mln to $440 mln

Planet Labs expects full-year adjusted EBITDA profit of $0 to $10 mln

Result Drivers

SATELLITE SERVICES CONTRACTS - Co said strong momentum in satellite services, including new multi-year agreements with Sweden and contract extensions with U.S. Defense Innovation Unit and NATO, drove FY results

Company press release: ID:nBwr1ZmZa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$86.8 mln
$78.53 mln (11 Analysts)
Q4 Adjusted EPS
Beat
$0
-$0.05 (7 Analysts)
Q4 EPS
-$0.48
Q4 Net Income
-$152.5 mln
Q4 Gross Margin
54%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the aerospace & defense peer group is "buy"

Wall Street's median 12-month price target for Planet Labs PBC is $28.50, about 14.9% above its March 18 closing price of $24.81

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)