Planet Labs PBC
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Planet Labs PBC's past years’ income statements indicate that its last revenue has increased compared to the previous period by 15% to $220,696,000. The net income raised on -$140,509,000 and profit margin reached -64%. Total operating expenses were $282,698,000.

Profit Margin

Planet Labs PBC (NYSE:PL): Profit margin
2020 95.73M -123.71M -129.22%
2021 113.16M -127.10M -112.31%
2022 131.20M -137.12M -104.51%
2023 191.25M -161.96M -84.69%
2024 220.69M -140.50M -63.67%

PL Income Statement (2020 – 2024)

2024 2023 2022 2021 2020
Revenue
Revenue
220.69M191.25M131.20M113.16M95.73M
Cost of revenue
107.74M97.24M82.98M87.38M102.39M
Gross profit
112.95M94.00M48.22M25.78M-6.65M
Operating exp.
Research and development
116.33M110.91M66.68M43.82M37.87M
Selling and marketing
86.30M78.02M52.91M37.26M34.91M
Total operating expenses
282.69M269.68M176.27M113.22M99.80M
Operating income
-169.74M-175.67M-128.05M-87.44M-106.46M
Other income (expenses), net
30.05M14.55M-6.96M-38.58M-17.12M
Income before tax
-139.69M-161.11M-135.01M-126.03M-123.58M
Income tax expense
815K847K2.11M1.07M130K
Net income
-140.50M-161.96M-137.12M-127.10M-123.71M
Earnings per share
Basic EPS
-0.5-0.61-0.52-2.95-2.87
Diluted EPS
-0.5-0.61-0.52-2.95-2.87
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