Planet Labs PBC (PL · NYSE)

Planet Labs' revenue accelerated to $116.1M in the quarter ended July 31, 2026, up 58.1% year over year, with the company posting positive quarterly EBITDA of $3.6M and free cash flow of $25.6M ($52.9M operating cash flow less $27.3M capex) — a marked improvement from the prior three quarters, each of which showed negative EBITDA. Profitability remains distant, however: the trailing profit margin is -95.1%, ROE -72.0%, and the company carries $448.3M in total debt against $415.1M in cash. The stock closed at $17.18, down 22.2% over three months and 66.6% below its 52-week high, trading 37.1% below its 200-day SMA, while the market still prices it at 16.52x trailing sales. Recent insider activity was mixed but mostly sales under pre-set plans, including CFO Ashley Johnson's sale of 55,663 shares at a weighted average of $16.9648 and director Ita Brennan's sale of 11,500 shares at $16.3025.