Last mentioned: Mar 20, 2026
Profitability Milestone
Planet Labs achieves its fifth consecutive quarter of positive adjusted EBITDA.
Brand Refresh Impact
Movado sees 25% wholesale growth and 18% e-commerce growth following brand updates.
Earnings Release
Movado and Planet Labs report Q4 and Full Year 2026 results.
Fiscal Year End
Both companies conclude their fiscal 2026 reporting periods.
Planet Labs (PL) achieved its first full year of adjusted EBITDA profitability and positive free cash flow in fiscal 2026, fueled by a 50% surge in defense and intelligence revenue. The company’s backlog has ballooned to over $900 million, signaling a decisive shift toward large-scale government contracts and enterprise-grade geospatial intelligence.
Planet Labs (PL) achieved its first full year of positive adjusted EBITDA and free cash flow in fiscal 2026, driven by a massive expansion in defense and intelligence contracts. While commercial segments contracted, a record $900 million backlog signals strong long-term visibility for the satellite imagery leader.
Movado Group reported a 5.6% quarterly revenue increase, driven by a robust 11.2% surge in U.S. net sales and a successful brand refresh that lifted e-commerce by 18%. Simultaneously, geospatial data leader Planet Labs achieved its first full year of positive adjusted EBITDA and free cash flow, signaling a shift toward financial maturity.