Planet Labs Pbc's Corporate Customers have recorded a surge in their cost of revenue by 167.95 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 170.55 %. During the corresponding time, Planet Labs Pbc recorded a revenue increase by 42.37 % year on year, sequentially revenue grew by 7.58 %. While revenue at the Planet Labs Pbc's corporate clients recorded rose by 95.27 % year on year, sequentially revenue grew by 93.24 %.
Planet Labs Pbc's Customers have recorded a surge in their cost of revenue by 167.95 % in the 1 quarter 2026 year on year, sequentially costs of revenue grew by 170.55 %, for the same period Planet Labs Pbc recorded revenue increase by 42.37 % year on year, sequentially revenue grew by 7.58 %.
Planet Labs Pbc's Comment on Sales, Marketing and Customers
Our customers may subscribe to daily data feeds covering their areas of interest. Prior to Planet, specially trained technical imagery analysts typically had to hand-process satellite data that was months out-of-date. Now, we are able to deliver content directly to customers? decision-support tools daily through automated interfaces.
We are committed to building deep relationships with our customers by providing easy access to critical geospatial data and analytics in a consumable, digestible format. In addition, with our subscription services and data products, customers can monitor and detect changes and create insights that can help drive timely decision-making, and improve operational efficiency, resource allocation, risk assessment and mitigation and strategic decision making.
We have a proven record of building customer relationships, with over 700 customers across the globe, including leading agriculture, mapping, forestry, finance and insurance companies, and government agencies. We provide solutions for a diverse and growing set of customer use cases, from crop yield and variable rate seeding improvements in agriculture to emergency response, permitting, and code enforcement in government, to depletion measurements and sustainability monitoring in forestry.
Planet Labs PBC to Host Investor Day in New York on October 16, 2025 By SAN FRANCISCO Planet Labs PBC (NYSE: PL), a prominent provider of daily data and insights about the Earth, has announced plans to host its Investor Day in New York City on Thursday, October 16, 2025. The event is set to begin at 9 a.m. Eastern Time (6:00 a.m. Pacific Time) and aims to provide investors and stakeholders with an opportunity to engage with the company s leadership and gain insights into its strategic direction.The Investor Day program will feature presentations from key members of Planet Labs executive team, including Will Marshall, Co-Founder and Chief Executive Officer; Charlie Candy, Chief Revenue Officer; and Robbi...
In an era marked by rapid technological advancements and escalating global challenges, Planet Labs PBC (NYSE: PL) is at the forefront of transforming data utilization for critical decision-making across various sectors. Recently, the company has announced noteworthy expansions to its strategic partnerships with key institutions including the Instituto Geográfico Agustín Codazzi (IGAC) in Colombia, NATO, and the Welsh Government in the United Kingdom. These collaborations emphasize Planet Labs’ commitment to leveraging satellite data and artificial intelligence for enhanced land management, defense monitoring, and resource management.The multi-year contract expansion with IGAC signifies a pivotal enhancem...
San Francisco Planet Labs PBC, a prominent provider of Earth observation data, has announced a significant multi-year partnership with Laconic, a company specializing in climate finance solutions. This collaboration aims to leverage advanced satellite technology for carbon monitoring, facilitating informed carbon credit trading and the monetization of natural carbon assets. The deal, valued in the seven figures over a multi-year period, will enable Laconic to implement Planet’s Forest Carbon Monitoring products, which include precise data collected from satellites at 3-meter and 30-meter resolutions. This agreement aligns with a growing global emphasis on sustainability and the need for accurate data to ta...
Leveraging Technology for Environmental Transparency and Accountability: Planet Labs PBC s Expanding Role in Global Monitoring EffortsIn an era where environmental concerns are at the forefront of global discourse, the power of advanced technology to monitor and protect vital ecosystems offers a beacon of hope. Planet Labs PBC, a leader in Earth data and insights, is at the core of these efforts with its recent expansions in collaborations and technological developments aimed at enhancing transparency and accountability in environmental governance. Expanding Ocean Transparency with Global Fishing WatchPlanet Labs PBC recently unveiled its expanded collaboration with Global Fishing Watch, an international no...
In a significant stride toward combating climate change, Planet Labs PBC (NYSE:PL), a leading provider of daily Earth data and insights, has launched its Forest Carbon Monitoring product - the world s first global-scale forest monitoring system at 3-meter resolution. This groundbreaking product provides quarterly, high-resolution measurements of forests across the globe, offering a unique dataset to support voluntary carbon markets, regulatory compliance, and deforestation mitigation. The climate crisis represents the most pressing challenge humanity faces in the 21st century. Deforestation remains a critical issue, driving carbon emissions and biodiversity loss. In response, Planet Labs is leveraging its ad...
Hyperspectral Ambitions: Planet Labs Tanager-1 Launch and Economic Context Recent Satellite LaunchOn August 16, 2024, Planet Labs PBC (NYSE: PL), a prominent provider of daily Earth data and insights, successfully launched its first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE) into orbit. The launch was a part of SpaceX s Transporter-11 Rideshare mission, which took off from Vandenberg Space Force Base. According to official statements, Planet Labs has already made contact with Tanager-1, initiating its commissioning process. Financial Performance and Client DynamicsIn the first quarter of 2024, Planet Labs experienced mixed financial results amidst a challenging economic enviro...
By CSIMarket.com SynMax, a leading intelligence company specializing in geospatial analytics, has recently embarked on a significant pilot project in partnership with the National Geospatial-Intelligence Agency (NGA). Their innovative maritime analytics tool, Theia, has been granted a pilot project award to revolutionize Maritime Domain Awareness (MDA). This advancement is supported by extensive data from Planet Labs PBC, a prominent provider of Earth observation and daily data insights. SynMax s Theia and Its ImportanceTheia, SynMax’s state-of-the-art geospatial MDA tool, is set to break new ground in the realm of maritime analytics. This pioneering technology leverages comprehensive maritime data fro...
Planet Labs Expands High-Resolution Satellite Data Contracts with US-Allied Government Agency and the Government of New South Wales to Support Climate Change and Crisis Response EffortsSAN FRANCISCO - Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about Earth, has recently announced two significant expansions of their contracts, showcasing their commitment to providing valuable high-resolution satellite data for a range of critical applications.The first expansion involves a seven-figure contract with a US-allied International Government Agency for SkySat high-resolution satellite data. As global demand for high-resolution satellite data continues to rise, driven by heightened secu...
Reimagining Agriculture with Real-Time Insights: Planet Labs Collaborates with NVIDIA Jetson Platform and BASF Digital FarmingWith its commitment to revolutionizing daily Earth data and insights, Planet Labs PBC recently unveiled an ingenious collaboration with two industry giants, NVIDIA and BASF Digital Farming. The company s latest advancements in satellite technology aim to drive real-time insights, smart farming solutions, and hyperspectral imaging capabilities to new heights.Firstly, Planet Labs collaboration with NVIDIA focuses on integrating onboard processing capabilities into their high-resolution Pelican-2 satellite. Leveraging the powerful NVIDIA Jetson edge AI platform, Planet Labs aims to enha...
Planet Labs PBC, a renowned provider of daily Earth data and insights, has recently announced that their first hyperspectral satellite, Tanager-1, is all set for launch. This significant progress has been made possible through their collaboration with the Carbon Mapper Coalition and its philanthropic partners. The spacecraft, Tanager-1, arrived at Vandenberg Space Force Base on June 3rd, preparing for liftoff as early as July as part of the Transporter-11 Rideshare mission in partnership with SpaceX.The launch of Tanager-1 marks the beginning of a new era in hyperspectral satellite technology. The spacecraft boasts cutting-edge capabilities that enable the collection of rich and detailed data about our plan...
Planet Labs Pbc’s Comment on Sales, Marketing and Customers
Our customers may subscribe to daily data feeds covering their areas of interest. Prior to Planet, specially trained technical imagery analysts typically had to hand-process satellite data that was months out-of-date. Now, we are able to deliver content directly to customers? decision-support tools daily through automated interfaces.
We are committed to building deep relationships with our customers by providing easy access to critical geospatial data and analytics in a consumable, digestible format. In addition, with our subscription services and data products, customers can monitor and detect changes and create insights that can help drive timely decision-making, and improve operational efficiency, resource allocation, risk assessment and mitigation and strategic decision making.
We have a proven record of building customer relationships, with over 700 customers across the globe, including leading agriculture, mapping, forestry, finance and insurance companies, and government agencies. We provide solutions for a diverse and growing set of customer use cases, from crop yield and variable rate seeding improvements in agriculture to emergency response, permitting, and code enforcement in government, to depletion measurements and sustainability monitoring in forestry.
Sources:
Planet Labs Pbc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Planet Labs Pbc’s corporate clients.
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