Welcome to our dedicated page for Planet Labs Pbc SEC filings (Ticker: PL), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Planet Labs PBC filings document an Earth-observation company that provides satellite imagery, geospatial data, and related software solutions. The company’s 8-K reports include operating results, Regulation FD disclosures, material agreements, and other events tied to its commercial and government satellite-data business.
Recent filings also describe capital-structure matters involving Class A common stock, Class B common stock, earnout share issuances, and public warrants originally issued with IPO units. The record includes warrant redemption disclosures and a Form 25 covering removal of the redeemable warrants from NYSE listing and registration.
Planet Labs PBC is redeeming all of its outstanding public warrants to buy Class A common stock. The company will redeem each Public Warrant for $0.01 at 5:00 p.m. New York City time on April 27, 2026, unless exercised before that deadline.
Each Public Warrant allows holders to purchase one share of Class A common stock at an exercise price of $11.50 per share. The company is using its contractual right to redeem after its stock traded at or above $18.00 per share for 20 trading days within a 30‑day period ending March 24, 2026.
Any Public Warrants not exercised by the deadline will become void, be delisted and no longer exercisable, and holders will only be entitled to receive the $0.01 redemption price (subject to specific treatment for warrants held in street name).
Planet Labs PBC files its annual report describing a satellite data and analytics business built on a large earth‑imaging constellation and cloud platform. The company emphasizes recurring subscription and usage-based revenue, a "one-to-many" data model, and growing satellite services for governments and enterprises.
Planet highlights industry drivers such as security, digital transformation and sustainability, along with proprietary daily imagery and a deep archive dating back to 2009. It reports net losses of $246.9 million for the year ended January 31, 2026 and an accumulated deficit of $1.45 billion, and outlines extensive risk factors around competition, regulation, satellite performance and dependence on government customers.
Planet Labs PBC President & CFO Ashley F. Johnson reported compensation-related share activity. On March 19, 2026, she acquired 51,398 shares of Class A Common Stock at $0.00 per share through the vesting of performance RSUs in lieu of a cash bonus for the second half of the fiscal year ending January 31, 2026.
The company then withheld 28,244 shares at a price of $26.96 per share to cover tax obligations arising from the PSU vesting; the footnotes clarify that no shares were sold by her. After these transactions, she directly owned 2,095,162 shares of Class A Common Stock, including 1,298,687 RSUs that vest in equal quarterly installments on March 15, June 15, September 15, and December 15.
Planet Labs PBC co-founder and Chief Strategy Officer Robert H. Schingler reported equity compensation activity in Class A Common Stock. He acquired 32,394 shares on March 19, 2026 from the vesting of performance restricted stock units received in lieu of a cash bonus. The company then withheld 16,483 shares at $26.96 per share to cover tax liabilities; footnotes state no shares were sold on the market.
After these transactions, Schingler directly holds 992,933 shares and indirectly holds 330,171 shares through the Ulysses Trust 02021.1. He also has 851,339 RSUs outstanding that vest quarterly and each represent one additional share when delivered.
Planet Labs PBC Co-Founder and CEO Marshall William Spencer received 77,744 shares of Class A Common Stock as a performance-based equity award. These shares were acquired upon vesting of performance RSUs that he elected to receive instead of a cash bonus for the second half of the fiscal year ending January 31, 2026.
To cover withholding tax on this PSU vesting, 39,572 shares were withheld by Planet Labs at a price of $26.96 per share; footnotes clarify that no shares were sold by Spencer in the market. After these transactions, he directly holds 3,392,726 shares of Class A Common Stock.
The filing also notes that his holdings include 2,222,807 RSUs that vest in equal quarterly installments on the 15th of March, June, September and December, each RSU representing a right to receive one share with no stated expiration date.
Planet Labs PBC reported a transformational fiscal 2026 with strong growth and improving profitability metrics, despite large non-cash losses. Fourth quarter revenue rose 41% year over year to $86.8 million, and full-year revenue grew 26% to a record $307.7 million, with 98% of annual contract value recurring.
Backlog reached over $900 million, up 79% year over year, and remaining performance obligations grew 106% to $852.4 million, signaling multi-year revenue visibility. Full-year adjusted EBITDA turned positive at $15.5 million, and free cash flow was $52.9 million. Cash, cash equivalents and short-term investments ended at $640.1 million, up 188% year over year.
GAAP results remained loss-making, with a full-year net loss of $246.9 million, more than half driven by a $161.4 million non-cash revaluation loss on warrant liabilities tied to stock price appreciation. For fiscal 2027, Planet guides revenue to $415–$440 million, non-GAAP gross margin of 50–52%, adjusted EBITDA between breakeven and $10 million, and capital expenditures of $80–$95 million.
Planet Labs PBC President & CFO Ashley F. Johnson reported routine equity compensation and related tax withholding. On March 12, 2026, she received a grant of 173,842 restricted stock units (RSUs), each representing one share of Class A Common Stock, vesting in equal quarterly installments over four years beginning June 15, 2026.
On March 15, 2026, the company withheld 85,558 shares of Class A Common Stock to cover tax liabilities from RSU vesting; the filing states that no shares were sold by Johnson. Following these transactions, she directly holds 2,072,008 shares of Class A Common Stock, and her holdings include 1,298,687 RSUs that vest quarterly on March 15, June 15, September 15, and December 15.
Planet Labs PBC co-founder and Chief Strategy Officer Robert H. Schingler reported compensation-related equity activity in Class A Common Stock. He received a grant of 115,895 restricted stock units, each representing one share, which will vest in equal quarterly installments over four years beginning on June 15, 2026. In a separate entry, 50,431 shares were withheld by Planet Labs to cover tax liabilities from RSU vesting; no shares were sold in the market. After these transactions, he directly holds 977,022 shares and is also reported as having 330,171 shares held indirectly through the Ulysses Trust 02021.1. The filing notes an additional 851,339 RSUs that vest quarterly on March, June, September, and December 15, each convertible into one share with no expiration date.
Planet Labs PBC reported that Co‑Founder and CEO Marshall William Spencer received a grant of 393,212 restricted stock units (RSUs), each representing one share of Class A Common Stock, as a stock award. These RSUs will vest in equal quarterly installments over four years beginning on June 15, 2026.
The company also withheld 122,167 shares of Class A Common Stock to cover tax liabilities related to RSU vesting, and no shares were sold on the market. After these transactions, Spencer directly holds 3,354,524 Class A shares and 2,222,807 unvested RSUs scheduled to vest quarterly.
Planet Labs PBC received an amended Schedule 13G/A showing that Driehaus Capital Management LLC beneficially owns 8,511,620 shares of Planet Labs Class A common stock, representing 2.91% of the class as of the event date of 12/31/2025.
Driehaus reports no sole voting or dispositive power over the shares, with all 8,511,620 shares held with shared voting and shared dispositive power. The filing states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Planet Labs.