NYSE$PL

Planet Labs PBC · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

PL Q3 2024 — $45.7M revenue, 0.13 EPS

Form 10-Q” or “this report”) includes statements that express Planet’s opinions, expectations, beliefs, plans, objectives, assumptions or projections regarding future events or future results and ther. Planet Labs PBC reported Q3 2024 results. Diluted EPS came in at $0.13. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $45.7M.
  • Diluted EPS: $0.13.
  • Operating income: $48K.
  • Gross profit: $26K.

Headline financials

Total Revenue

$55.4M

Previous: $49.7M+11.4%
EPS

-$0.13

Previous: -$0.05-160.0%
Capital Expenditures

-$29.1M

Previous: -$9.01M-222.9%
Free Cash Flow

-$67.1M

Previous: -$49.2M-36.2%
Net Income

-$38M

Previous: -$40.2M+5.5%
Operating Income

-$47.9M

Previous: -$42.6M-12.3%
Gross Profit

$26M

Previous: $25M+4.2%
R&D Expense

$33M

No prior period
Stock-Based Comp

$12.6M

Previous: $19.4M-35.2%

Revenue & EPS history

Planet Labs · Revenue · Quarterly

$55.4M

Q3 2024+11.4%vs Q3 2023
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2024

Historical avgQ3 2024

+3.4%

Avg return

Earnings day

+4.8%

Avg return

5 days after

+15.6%

Avg return

30 days after

42%

10 / 24 earnings

Positive

+49.4%

Q1 2026

Best reaction

-30.0%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027-26.1%-29.4%
Q4 2026+26.0%+31.2%+42.7%
Q3 2026+34.8%+38.2%+75.5%
Q3 2025+34.8%+38.2%+75.5%
Q2 2025+47.7%+49.8%+138.9%
Q2 2026+47.7%+49.8%+138.9%
Q1 2026+49.4%+40.1%+71.7%
Q4 2025-7.0%-3.8%-8.9%
Q4 2024-10.6%-9.7%-23.8%
Q3 2024-7.0%-3.6%-6.7%
Q2 2024-28.2%-23.4%-9.7%
Q1 2025+0.0%+0.0%+14.6%
Q1 2024+9.8%+9.2%+0.0%
Q4 2023-11.8%-15.3%-30.6%
Q3 2023-6.2%-12.4%-12.7%
Q2 2023-13.3%-7.9%-17.4%
Q1 2023-30.0%-27.5%-33.5%
Q4 2022+4.7%+6.7%+19.6%
Q3 2022-6.1%-7.0%-2.7%
Q2 2021+14.7%+21.1%+0.0%
Q1 2021-10.9%-0.4%-10.9%
Q4 2020-5.2%+1.6%-17.4%
Q4 2021+0.4%+3.9%-9.9%
Q3 2021-26.8%-33.6%-34.2%

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