Legal and regulatory exposurepositive · 5 filings
“The increase was primarily due to a $6.2 million increase in legal expenses, which was primarily due to litigation contingency expenses.”10-Q · Sep 3, 2026 ↗
Planet Labs PBC
PL
Market read
Planet Labs PBC's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
Revenue YoY+25.9%2026-01-31
Operating margin-30.9%+16.6 pts YoY
Company-3.5% todayVolume comparison unavailable
Market group0 of 7 activeCommercial Space · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- Legal expenses increased by $6.2 million, primarily because of litigation contingency expenses.
Invalidation: The isolated read changes if PL's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 7 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- Legal expenses increased by $6.2 million, primarily because of litigation contingency expenses.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods7
Price observations327
Usable filing statements191
Verified relationships9
Evidence supporting the case
- Latest annual revenue changed +25.9% year over year.
- Operating margin changed +16.6 percentage points in the latest annual period.
Evidence challenging the case
- Net margin changed -29.8 percentage points in the latest annual period.
- Diluted shares increased 5.4% in the latest annual period.
- Product pipeline and R&D has repeated adverse evidence across 5 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 10, 2026
16.686m-34.4%12m+84.9%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2022-01-31$131.2M+15.9%$-1.72—
2023-01-31$191.3M+45.8%$-0.61—
2024-01-31$220.7M+15.4%$-0.50+4.7%
2025-01-31$244.4M+10.7%$-0.42+4.5%
2026-01-31$307.7M+25.9%$-0.80+5.4%
What management says matters
Persistent and emerging business drivers
Product pipeline and R&Dnegative · 5 filings
“These increases were partially offset by a $3.3 million increase in funding recognized for our research and development arrangements.”10-Q · Sep 3, 2026 ↗
Demand and volumemixed · 2 filings
“The increase was primarily attributable to demand of data subscription and usage-based contracts from large government customers.”10-Q · Sep 8, 2025 ↗
Restructuring and cost reductionsnegative · 2 filings
“The decrease was also partially due to $1.3 million of severance and termination benefits charges recognized during the nine months ended October 31, 2024 associated with the 2024 headcount reduction, and a $0.8 million decrease in audit and consulting fees.”10-Q · Dec 10, 2025 ↗
Valuation discipline
Peer-relative valuation withheld
Jodie found no industry-matched filing peers suitable for a valuation comparison. It will not substitute broader financial-sector names.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
16.62-3.5% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:10 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PL. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PL. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PL
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
FLYFirefly Aerospace Inc.supplierJun 5, 2026 ▾
“There are also a limited number of suppliers able to launch our satellites, including ArianeSpace SA, Blue Origin, LLC, Firefly Aerospace Inc., ISAR Aerospace Technologies Inc., Mitsubishi Heavy Industries, Ltd., NewSpace India Limited (Indian Space Research…”
RKLBRocket Lab CorporationsupplierJun 5, 2026 ▾
“There are also a limited number of suppliers able to launch our satellites, including ArianeSpace SA, Blue Origin, LLC, Firefly Aerospace Inc., ISAR Aerospace Technologies Inc., Mitsubishi Heavy Industries, Ltd., NewSpace India Limited (Indian Space Research…”
SPCXSpace Exploration Technologies Corp.supplierJun 5, 2026 ▾
“There are also a limited number of suppliers able to launch our satellites, including ArianeSpace SA, Blue Origin, LLC, Firefly Aerospace Inc., ISAR Aerospace Technologies Inc., Mitsubishi Heavy Industries, Ltd., NewSpace India Limited (Indian Space Research…”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PL is currently a Leader in the organic co-movement group Commercial Space. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.