Last mentioned: Mar 20, 2026
Q4 Earnings Release
Scheduled reporting of full-year fiscal results and 2027 guidance.
Tanager Deployment
Successful launch of the first Tanager hyperspectral satellites for methane tracking.
Q3 Earnings Call
Planet reported steady growth but highlighted increased CapEx for Pelican launches.
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 achieved its first-ever annual positive free cash flow and adjusted EBITDA in fiscal 2026, driven by a 50% surge in Defense and Intelligence revenue. The company reported a massive $900 million backlog, signaling a successful transition from a venture-backed growth story to a self-sustaining spacetech leader.
Planet Labs is set to report Q4 results as the Earth observation market shifts focus from constellation scale to fiscal sustainability. Investors are prioritizing updates on the high-resolution Pelican constellation and the company's path to positive cash flow amidst rising defense demand.