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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY272026-07-31 | Q1 FY272026-04-30 | Q4 FY262026-01-31 | Q3 FY262025-10-31 | Q2 FY262025-07-31 | Q1 FY262025-04-30 | Q4 FY252025-01-31 | Q3 FY252024-10-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $116.05M | $94.15M | $86.82M | $81.25M | $73.39M | $66.27M | $61.55M | $61.27M |
| Cost of revenue | $50.42M | $43.75M | $39.79M | $34.67M | $31.12M | $29.66M | $23.34M | $23.75M |
| Gross profit | $65.63M | $50.40M | $47.03M | $46.58M | $42.27M | $36.60M | $38.22M | $37.52M |
| Gross margin | 56.6% | 53.5% | 54.2% | 57.3% | 57.6% | 55.2% | 62.1% | 61.2% |
| Research and development | $35.16M | $33.42M | $32.19M | $27.33M | $24.16M | $23.07M | $22.95M | $25.22M |
| Selling, general and administrative | $43.99M | $51.87M | $50.84M | $37.60M | $36.07M | $36.30M | $34.63M | $34.91M |
| Operating expenses | $79.14M | $85.29M | $83.03M | $64.92M | $60.23M | $59.37M | $57.58M | $60.13M |
| Operating income | −$13.51M | −$34.89M | −$36.00M | −$18.34M | −$17.96M | −$22.77M | −$19.37M | −$22.61M |
| Operating margin | -11.6% | -37.1% | -41.5% | -22.6% | -24.5% | -34.4% | -31.5% | -36.9% |
| EBITDA | −$2.72M | −$23.70M | −$25.79M | −$8.43M | −$7.34M | −$11.69M | −$10.09M | −$12.49M |
| Interest income | $6.43M | $5.15M | $5.86M | $4.41M | $2.17M | $1.88M | $1.97M | $2.41M |
| Interest expense | −$1.44M | −$1.45M | −$1.59M | −$1.02M | −$317.00K | −$499.00K | −$277.00K | −$277.00K |
| Income before taxes | −$8.62M | −$137.86M | −$150.01M | −$58.40M | −$22.10M | −$11.70M | −$34.06M | −$20.06M |
| Income taxes | $733.00K | $1.01M | $2.45M | $784.00K | $497.00K | $928.00K | $1.10M | $25.00K |
| Net income | −$9.35M | −$138.87M | −$152.46M | −$59.19M | −$22.59M | −$12.63M | −$35.15M | −$20.08M |
| Net margin | -8.1% | -147.5% | -175.6% | -72.8% | -30.8% | -19.1% | -57.1% | -32.8% |
| EPS, basic | −$0.03 | −$0.40 | −$0.48 | −$0.19 | −$0.07 | −$0.04 | −$0.12 | −$0.07 |
| EPS, diluted | −$0.03 | −$0.40 | −$0.48 | −$0.19 | −$0.07 | −$0.04 | −$0.12 | −$0.07 |
| Diluted shares | 359.59M | 345.52M | 317.55M | 309.25M | 304.13M | 300.27M | 296.53M | 293.34M |
Figures describe Planet Labs shares, not any token. As of Sep 3, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.