Q4 26 EPS
$0.00
BEAT +100.00%
Est. $-0.05
Q4 26 Revenue
$86.8M
BEAT +11.07%
Est. $78.2M
vs S&P Since Q4 26
-13.6%
TRAILING MARKET
PL +0.8% vs S&P +14.4%
Full Year 2026 Results
FY 26 EPS
$-0.04
FY 26 Revenue
$307.7M
Market Reaction
Did PL Beat Earnings? Q4 2026 Results
Planet Labs PBC closed out its fiscal fourth quarter of 2026 with revenue of $86.82 million, reflecting 41% year-over-year growth as a wave of defense and government satellite services contracts propelled the company's top line sharply higher. The si… Read more Planet Labs PBC closed out its fiscal fourth quarter of 2026 with revenue of $86.82 million, reflecting 41% year-over-year growth as a wave of defense and government satellite services contracts propelled the company's top line sharply higher. The single most material driver of that momentum was a multi-year, low nine-figure agreement with Sweden's Armed Forces, its third satellite services contract in twelve months, complemented by renewals and extensions with NATO, the U.S. Defense Innovation Unit, and several European civil agencies. The company reported EPS of $0.00 for the quarter, while its full-year backlog surged 79% to over $900 million and remaining performance obligations jumped 106% to $852.43 million, underscoring deepening revenue visibility. On an adjusted basis, the company reached full-year Adjusted EBITDA profitability of $15.49 million and generated $52.87 million in free cash flow. Looking ahead, management guided fiscal 2027 revenue of $415 million to $440 million, implying 35% to 43% top-line growth, with management citing artificial intelligence as a key catalyst for unlocking broader addressable markets.
Key Takeaways
- • Strong momentum in satellite services contracts, including Sweden, NATO, and U.S. defense agencies
- • Q4 revenue growth of 41% YoY driven by satellite services and expanding government contracts
- • Backlog growth of 79% YoY to over $900M
- • RPOs increased 106% YoY to $852M
- • 98% recurring annual contract value
- • First full fiscal year of Adjusted EBITDA and free cash flow profitability
PL YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
“Planet had a transformational year driven by strong momentum in satellite services, including most recently with Sweden, as well as launching 40 satellites, and inking an R&D partnership with Google to explore data centers in space.”
— Will Marshall, Q4 2026 Earnings Press Release
PL Earnings Trends
PL vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
PL EPS Trend
Earnings per share: estimate vs actual
PL Revenue Trend
Quarterly revenue: estimate vs actual
PL Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $-0.04 | $-0.03 | +28.57% | $94.2M | +4.46% |
| Q4 26 BEAT FY | $-0.05 | $0.00 | +100.00% | $86.8M | +11.07% |
| FY Full Year | — | $-0.04 | — | $307.7M | — |
| Q3 26 BEAT | $-0.04 | $0.00 | +100.00% | $81.3M | +12.82% |
| Q2 26 BEAT | $-0.04 | $-0.03 | +33.04% | $73.4M | +11.30% |
| Q1 26 BEAT | $-0.03 | $0.00 | +100.00% | $66.3M | +6.45% |
| Q0 26 | $-0.05 | — | — | — | — |
| Q4 25 MISS FY | $-0.02 | $-0.08 | -243.35% | $61.6M | -0.53% |
| FY Full Year | — | $-0.20 | — | $244.4M | — |
| Q3 25 BEAT | $-0.04 | $-0.02 | +49.75% | $61.3M | -2.93% |