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StocksMedium•24 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%.

2FY26 revenue grew 26% YoY to $307.7M.

3The company achieved positive adjusted EBITDA of $15.5M.

4The company saw a surge in backlog and remaining performance obligations, supporting future revenue visibility.

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. Management highlighted a substantial surge in backlog and remaining performance obligations, providing strong visibility for future revenue streams. The performance was driven by accelerating demand for satellite imagery and data analytics, particularly within AI-driven sectors. Investors responded positively to the robust cash generation and the company's ability to capitalize on its recurring contract model.

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