Planet Labs (PL) Reports Q4 Loss of $0.26/sh

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Go back to Planet Labs (PL) Reports Q4 Loss of $0.26/sh

Planet Reports Financial Results for Fourth Quarter and Full Year of Fiscal 2022

March 31, 2022 4:06 PM EDT

Delivers Record Fourth Quarter Revenue of $37.1 Million and Full Year Revenue of $131.2 Million

Expands YoY Fourth Quarter GAAP Gross Margin from 25% to 37%

Significant Topline Acceleration Expected for Fiscal 2023

SAN FRANCISCO--(BUSINESS WIRE)-- Planet Labs PBC (NYSE: PL) (Planet or the Company), a leading provider of daily data and insights about Earth, today announced financial results for its fiscal fourth quarter and full year ended January 31, 2022, demonstrating accelerating growth and the momentum of its unique data subscription business.

We scaled the business to over $131 million for the... More