Planet Labs (PL) Tops Q3 EPS by 3c, Beats on Revenue; Offers Guidance

Planet Labs (NYSE: PL) reported Q3 EPS of $0.00, $0.03 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $81 million versus the consensus estimate of $72.18 million.

For the fourth quarter of fiscal year 2026, ending January 31, 2026, Planet expects revenue to be in the range of approximately $76 million to $80 million. Non-GAAP gross margin is expected to be in the range of approximately 50% to 52%. Adjusted EBITDA loss is expected to be in the range of approximately ($7) million to ($5) million for the quarter. Capital expenditures are expected to be in the range of approximately $22 million and $26 million for the quarter.

For the full fiscal year 2026, Planet expects revenue to be in the range of approximately $297 million to $301 million. Non-GAAP gross margin is expected to be in the range of approximately 57% to 58%. Adjusted EBITDA profit is expected to be in the range of approximately $6 million and $8 million. Capital expenditures are expected to be in the range of approximately $81 million and $85 million for the year.

For earnings history and earnings-related data on Planet Labs (PL) click here.

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