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Planet Labs PBC (PL)
NYSE:PL
US Market
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Planet Labs PBC (PL) Operating Expense Breakdown

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Operating Expense Breakdown

Details core costs like R&D, marketing, and admin, offering insight into how efficiently the company runs and where it’s prioritizing investment.
Planet has purposefully stepped up R&D and G&A while Sales & Marketing has re-accelerated, signaling a shift from product development to commercial and manufacturing scale‑up (next‑gen satellites, SuperRes, AI beta and defense contracts). That expense mix explains the company’s margin compression and tight near‑term EBITDA despite a large backlog and raised revenue guidance; investors should monitor whether the recent G&A jump is structural or one‑time and if execution on launches and contract revenue converts these investments into the promised FY‑level profitability.
Date
Sales and Marketing
Research and Development
General and Administrative
Jun 30, 2026
$21.50M$35.16M$22.49M
Mar 31, 2026
$22.78M$33.42M$29.09M
Dec 31, 2025
$20.00M$32.19M$30.83M
Sep 30, 2025
$18.78M$27.33M$18.81M
Jun 30, 2025
$17.57M$24.16M$18.50M
Mar 31, 2025
$16.31M$23.07M$19.99M
Dec 31, 2024
$15.68M$22.95M$18.95M
Sep 30, 2024
$16.80M$25.22M$18.11M
Jun 30, 2024
$23.73M$27.25M$20.90M
Mar 31, 2024
$21.48M$25.59M$19.18M