Planet Labs PBC (PL)
SEC filings, insider trading & institutional ownership from EDGAR.
Planet designs, builds, launches and operates a fleet of Earth-imaging satellites, with a stated mission of using space to help life on Earth by imaging the world every day and making global change visible, accessible and actionable. Its satellites have built an archive averaging over 3,000 images for every point on Earth's landmass, with proprietary Earth observation data dating back to 2009 and daily scanning data dating back to 2017. The company processes this imagery with machine learning and AI to produce analytics-ready data sets and AI-enabled solutions, and it operates as a public benefit business. It builds on an "agile aerospace" approach, using miniaturized satellites developed and deployed rapidly at lower cost than traditional aerospace companies.
Its offerings fall into several areas. Planet Monitoring uses SuperDove satellites to image the Earth daily at up to 3.5 meter resolution, and the data is harmonized with public sources such as NASA/USGS Landsat and ESA Copernicus. High-resolution tasking uses SkySat and Pelican satellites, with several revisits per day and resolution up to 50 centimeters, accessible through an API. The hyperspectral Tanager satellite captures over 400 spectral bands at 30 meter resolution. It was developed with NASA's Jet Propulsion Laboratory and sponsored by Carbon Mapper to detect methane and CO2 super-emitters, and Tanager-1 launched in August 2024. Data and analytics are delivered through a cloud-native platform, including the Planet Insights Platform (which integrated the former Sentinel Hub), through APIs, GIS workflows and browser-based applications. Planetary Variables and other AI and computer vision solutions measure phenomena on the Earth's surface, and partners work on GenAI and LLM applications. Planet also provides satellite services arrangements, including designing and manufacturing customer-owned satellites, mission systems engineering, launch procurement, ground station infrastructure, satellite operations and maintenance, as well as dedicated image tasking capacity on company-owned or customer-owned satellites.
Customers span commercial and government sectors worldwide, including agriculture, defense and intelligence, energy and utilities, forestry, finance and insurance, mapping, sustainability and supply chain monitoring, and federal, civil, state and local governments. Uses include crop monitoring, forest health, disaster management, maritime domain awareness, infrastructure monitoring, investment research, risk assessment and emissions monitoring. Revenue comes mainly from licenses to data and analytics sold over a cloud platform through fixed-price subscription and usage-based contracts, most of it recurring. Planet uses a "one-to-many" model in which the same imagery can be sold repeatedly, unlike legacy providers that sell individual images to a single customer. It also earns revenue from long-term, milestone-based satellite services arrangements built on its standardized satellite bus architecture.
Operationally, Planet controls the satellite lifecycle from component sourcing and manufacturing through orbital operation, which allows rapid deployment of specialized constellations for its own data needs and for customers. It also runs its own ground stations and mission operations. The company cites agile aerospace mission capabilities, proprietary big data and platform analytics as its competitive advantages over legacy Earth observation providers. The text does not identify its headquarters or name specific suppliers.
AI-summarized from Item 1 (Business) of the company's most recent 10-K filing.
Financials
As reported to the SEC via XBRL, no adjustments
| Gross profit | $172.49M |
| Operating income | -$95.07M |
| Diluted EPS | $-0.80 |
| Gross margin | 56.1% |
| Net margin | -80.2% |
Revenue by region
FY2026 geographic segments • from the 10-K
Latest filings
10-K, 10-Q, 8-K, Form 4 & 13D/G. Sourced directly from SEC EDGAR
| Form | Filed |
|---|---|
| 4Robinson Kristen | Oct 17, 2026 |
| 4Raymond John w | Oct 15, 2026 |
| 4Brennan Ita M | Oct 2, 2026 |
| 4Marshall William Spencer | Sep 18, 2026 |
| 4Marshall William Spencer | Sep 18, 2026 |
| 4Johnson Ashley F. | Sep 17, 2026 |
Insider trading
From Form 4 filings
| Insider | Date | Type |
|---|---|---|
| Robinson Kristen | Oct 15, 2026 | Sell |
| Raymond John w | Oct 13, 2026 | Sell |
| Brennan Ita M | Oct 1, 2026 | Sell |
| Marshall William Spencer | Sep 18, 2026 | Gift |
| Johnson Ashley F. | Sep 17, 2026 | Sell |
Top holders
13F & 13D/G • latest quarter
| Holder | Stake | Filed | Value |
|---|---|---|---|
| BlackRock, Inc. | 5.1% | Aug 7, 2026 | $612.33M |
| Vanguard Capital Management | 3.6% | Aug 13, 2026 | $426.38M |
| JANE STREET GROUP, LLC | 3.6% | Aug 14, 2026 | $423.16M |
| Vanguard Portfolio Management | 3.3% | Aug 13, 2026 | $395.81M |
| D. E. Shaw & Co., Inc. | 2.8% | Aug 14, 2026 | $329.94M |
Executive pay and the vote
From the FY2026 proxy statement (DEF 14A), filed May 27, 2026, and the annual meeting’s vote
Figures come from the company’s proxy statement, and the vote count from its 8-K.
The Summary Compensation Table for every named officer, the board with tenure and committees, and each proposal with its count, verified against the filings.
Sign up free →Latest 10-Q takeaways
filed Sep 3, 2026Planet Labs reports strong growth (revenue +58% in the quarter, +51% for six months), improved retention, positive operating cash flow and a strengthened balance sheet, with confident strategic language. This is tempered by continued net losses, a large warrant fair-value charge, litigation expenses, a lower backlog, and disclosures on financing, dilution and government contract cancellation risk. Automated screens found no red flags in this filing.
Written by Scrutar's AI from PL's SEC filings. Check anything you rely on against the filing. Not investment advice.
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Peers identified from PL's own SEC filings.
Data as of Oct 24, 2026Source: SEC EDGAR.