notablefinancial2026-09-03

Planet Labs posts record revenue and first adjusted profit

Planet Labs

Planet's fiscal Q2 revenue hit $116.1 million, up 58% year over year, with its first quarter of adjusted EBITDA profit.

// sources · 2 attached

what happened

Planet Labs reported fiscal second-quarter revenue of $116.1 million, up 58% year over year, which it called a record quarter, alongside adjusted EBITDA profit of $13.9 million and non-GAAP net income of $0.02 per share. Defense and intelligence revenue grew more than 90% year over year and made up about 70% of quarterly sales. The company guided full fiscal-year 2027 revenue to $430-441 million.

why it matters

This is Planet's first quarter of positive adjusted EBITDA since going public, a milestone for a commercial EO operator that has spent years scaling a large smallsat fleet before turning a profit. The concentration in defense and intelligence revenue signals where Planet's growth is actually coming from, useful context for resellers and government-facing competitors sizing up the EO market.

signal-to-noise

FIRST-PARTY

5/5

leadtier 5 of 5 on its owncorrobsources attached, no lift earned

calculation

5base tier 5 from lead source class "official_record" (Planet Labs (SEC 8-K exhibit)) sec.gov

= 5current score, recomputed by the engine on every change

scorer v2how scores work →

quick facts

Companies: Planet Labs
Category: financial
Impact: notable
SNR: 5 / 5
Event date: 2026-09-03
Published: 2026-09-04 05:32 UTC

#eo #optical

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