PL.WS (Planet Labs PBC) Operating Income: $-107.19 Mil (TTM As of Apr. 2026)


PL.WS Planet Labs PBC PL.WS
55 GF Score
Price $14.10
! 2 Warning Signs
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What is Planet Labs PBC Operating Income?

Planet Labs PBC PL.WS 55 Operating Income is $-107.19 Mil as of Apr. 2026. GuruFocus rates PL.WS with a GF Score™ of 55/100. The stock has 2 warning signs investors should review.

Planet Labs PBC's Operating Income for the three months ended in Apr. 2026 was $-34.89 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was $-107.19 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Planet Labs PBC's Operating Income for the three months ended in Apr. 2026 was $-34.89 Mil. Planet Labs PBC's Revenue for the three months ended in Apr. 2026 was $94.15 Mil. Therefore, Planet Labs PBC's Operating Margin % for the quarter that ended in Apr. 2026 was -37.06%.

Good Sign:

Planet Labs PBC operating margin is expanding. Margin expansion is usually a good sign.

Planet Labs PBC's 5-Year average Growth Rate for Operating Margin % was 18.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Planet Labs PBC's annualized ROC % for the quarter that ended in Apr. 2026 was -19.78%. Planet Labs PBC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -299.97%.

Planet Labs PBC  (NYSE:PL.WS) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Planet Labs PBC's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-139.552 * ( 1 - 0% )/( (773.293 + 637.423)/ 2 )
=-139.552/705.358
=-19.78 %

where

Invested Capital(Q: Jan. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1145.686 - 66.486 - ( 640.09 - max(0, 469.455 - 775.362+640.09))
=773.293

Invested Capital(Q: Apr. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1251.431 - 67.579 - ( 730.835 - max(0, 302.549 - 848.978+730.835))
=637.423

Note: The Operating Income data used here is four times the quarterly (Apr. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Planet Labs PBC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-545.66/( ( (165.161 + max(-326.887, 0)) + (198.652 + max(-181.014, 0)) )/ 2 )
=-545.66/( ( 165.161 + 198.652 )/ 2 )
=-545.66/181.9065
=-299.97 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(83.528 + 6.118 + 45.626) - (66.486 + 220.572 + 175.101)
=-326.887

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(61.605 + 9.343 + 47.195) - (67.579 + 230.682 + 0.89600000000002)
=-181.014

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Planet Labs PBC's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-34.888/94.15
=-37.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Planet Labs PBC Operating Income Related Terms

Planet Labs PBC Operating Income Historical Data

* Premium members only.

The historical data trend for Planet Labs PBC's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Planet Labs PBC Operating Income Chart

Planet Labs PBC Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Operating Income
Get a 7-Day Free Trial -128.05 -175.68 -167.31 -111.12 -95.07

Planet Labs PBC Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.77 -17.96 -18.34 -36.00 -34.89
PL.WS
55GF Score
Planet Labs PBC PL.WS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Planet Labs PBC Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-107.19 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-107.19 Mil mean?
Planet Labs PBC (PL.WS) has a Operating Income of $-107.19 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Planet Labs PBC and its competitors.
Is Planet Labs PBC's Operating Income too high?
Planet Labs PBC's current Operating Income is $-107.19 Mil. Overall, Planet Labs PBC has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Planet Labs PBC's Operating Income compare to ARXS and BWXT?
Planet Labs PBC's Operating Income of $-107.19 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Planet Labs PBC and its competitors. Planet Labs PBC's current Operating Income is $-107.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet Labs PBC stock overvalued right now?
Planet Labs PBC (PL.WS) has a current Operating Income of $-107.19 Mil. The current Operating Income is $-107.19 Mil. Planet Labs PBC's overall GF Score™ is 55/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Planet Labs PBC (PL.WS), the current Operating Income is $-107.19 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Planet Labs PBC Business Description

Address 645 Harrison Street, 4th Floor, San Francisco, CA, USA, 94107
Planet Labs PBC is an Earth-imaging company. It uses space to help life on Earth by imaging the world every day and making change visible, accessible, and actionable. Its platform includes imagery, insights, and machine learning that empower companies, governments, and communities around the world to make timely decisions about the evolving world. Its solutions are Broad Area Management. Its products are Planet Monitoring, Planet Tasking, Planet Analytic Feeds, Planetary Variables, Planet Basemaps, Planet Insights, and Platform Pricing. The group provides solutions to the Agriculture Science Program, Energy & Infrastructure, Forestry & Land Use, Mapping, Sustainability, Maritime, Civil Government, U.S. State and Local, Europe, Planet Federal, Defense & Intelligence, and Armed Services.
55GF Score

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