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StocksMediumUpdated•Originally published 24 March 2026•Updated 25 March 2026•

1 min read

Planet Labs Stock Surges 25% on Strong Q4 Earnings and Positive EBITDA

Key Facts

1Planet Labs delivered Q4 2026 revenue of $86.8M, driving the stock up 25%.

2 months ago

Version History

1 additional source confirmed this story

Version 12 months ago

What changed: Updated the story to include details about the company's operational expansion in Europe by starting recruitment for a new manufacturing facility in Berlin.

Planet Labs (PL) shares rallied 25% following the release of its fourth-quarter 2026 financial results, which exceeded market expectations. The company reported quarterly revenue of $86.8 million, contributing to a full-year revenue growth of 26% year-over-year to reach $307.7 million. A significant milestone was achieved as the company turned a positive adjusted EBITDA of $15.5 million, signaling a shift toward sustainable profitability. Building on this momentum, Planet Labs Germany has begun recruiting for a new satellite manufacturing facility in Berlin to expand its European footprint. This strategic move aims to meet accelerating demand for satellite imagery and AI-driven data analytics. Management also highlighted a substantial surge in backlog and remaining performance obligations, providing strong visibility for future revenue. Investors responded positively to the robust cash generation and the company's ability to scale its recurring contract model.