Headquartered in San Francisco, CA Fiscal year ends January NYSE: PL planet.com
Planet Labs PBC designs, builds, and operates the largest commercial fleet of Earth observation imaging satellites. Founded in 2010 by three NASA scientists, the company captures daily global satellite imagery and delivers geospatial data, analytics, and software solutions to government agencies, defense and intelligence organizations, and commercial customers across agriculture, forestry, finance, and education. Planet's product suite includes SuperDove medium-resolution satellites for daily global monitoring, high-resolution Pelican satellites, and the Tanager hyperspectral satellite program. The company operates a data subscription model with 98% recurring annual contract value and is expanding into sovereign satellite services — building and operating dedicated satellite capacity for national governments. Planet is increasingly integrating AI-powered analytics into its offerings, including an agentic AI application for natural-language querying of its satellite data archive. The company is listed on the New York Stock Exchange as PL and is structured as a public benefit corporation. Updated
Planet Labs just turned its first quarterly profit on an adjusted basis, with revenue up 58% year over year on defense and sovereign satellite demand including a new NGA award and a German government tender. Management now guides full-year fiscal 2027 to adjusted EBITDA of $3 million to $10 million, its first full-year profit target.
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Planet Labs PBC designs, builds, and operates the largest commercial fleet of Earth observation imaging satellites.
The Wall Street consensus 12-month price target for PL is $33.40.
