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Planet Labs PBC (PL) Gross Margin: 55.51%

Is Planet Labs PBC’s gross margin high or low?

Planet Labs PBC's gross margin of 55.51% is 22% above its 5-year average of 45.52%, near the high end of its 5-year range (22.78%–57.18%).

As of Friday, June 12, 2026. 1.95% below its 12-month average of 56.61%.

PL Gross Margin Chart

PL Gross Margin
56.05%-1.98% 1Y
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PL Average Gross Margin Chart

PL Current vs Average Gross Margin Chart

PL Gross Margin Metrics

GROSS MARGIN

55.51%

GROSS MARGIN AVG TTM

56.61%

GROSS MARGIN AVG 3Y

53.39%

GROSS MARGIN AVG 5Y

45.52%

GROSS MARGIN AVG 10Y

38.02%

GROSS MARGIN AVG 15Y

38.02%

GROSS MARGIN AVG 20Y

38.02%

CURRENT VS TTM AVG

-1.95%

CURRENT VS 3Y AVG

+3.97%

CURRENT VS 5Y AVG

+21.96%

CURRENT VS 10Y AVG

+46.00%

CURRENT VS 15Y AVG

+46.00%

CURRENT VS 20Y AVG

+46.00%

PL Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
Planet Labs PBC (PL)$11.38B55.51%56.61%53.39%45.52%
Pentair plc (PNR)$11.73B40.94%39.82%37.44%36.64%
Powell Industries, Inc. (POWL)$10.58B30.10%28.18%23.35%21.26%
Gartner, Inc. (IT)$9.96B68.25%67.69%68.06%68.15%
CNH Industrial N.V. (CNH)$12.85B31.38%32.07%31.38%29.63%
AGCO Corporation (AGCO)$8.04B24.91%24.57%24.61%23.79%
Generac Holdings Inc. (GNRC)$15.25B38.14%38.53%36.09%36.54%
Matson, Inc. (MATX)$6.02B22.42%23.89%25.80%26.36%
Primoris Services Corporation (PRIM)$5.13B10.38%10.89%10.60%10.82%
Fortive Corporation (FTV)$18.24B61.83%60.41%59.45%58.59%

Gross Margin Analysis

Gross Margin

55.5%

(Revenue - COGS) / Revenue

Planet Labs PBC Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Planet Labs PBC Gross Margin FAQ

What is the gross margin for Planet Labs PBC (PL)?
The gross margin for PL stock is 55.51%.
Is Planet Labs PBC's gross margin high or low?
Planet Labs PBC's gross margin of 55.51% is 22% above its 5-year average of 45.52%, near the high end of its 5-year range (22.78%–57.18%).
What is the TTM average gross margin for Planet Labs PBC (PL)?
The TTM average gross margin for PL stock is 56.61%.
What is the 3Y average gross margin for Planet Labs PBC (PL)?
The 3Y average gross margin for PL stock is 53.39%.
What is the 5Y average gross margin for Planet Labs PBC (PL)?
The 5Y average gross margin for PL stock is 45.52%.
What is the 10Y average gross margin for Planet Labs PBC (PL)?
The 10Y average gross margin for PL stock is 38.02%.
What is the 15Y average gross margin for Planet Labs PBC (PL)?
The 15Y average gross margin for PL stock is 38.02%.
What is the 20Y average gross margin for Planet Labs PBC (PL)?
The 20Y average gross margin for PL stock is 38.02%.

Planet Labs PBC Gross Margin History

DATEGROSS MARGIN
2026-01-3156.05%
2025-01-3157.18%
2024-01-3151.18%
2023-01-3149.15%
2022-01-3136.75%
2021-01-3122.78%
2020-01-31-6.95%

About Planet Labs PBC

Planet Labs PBC is dedicated to the creation, deployment, and management of extensive satellite constellations. Its core mission is to provide frequent, worldwide geospatial data, which customers can access through a specialized online platform. The company's offerings include a proprietary, cloud-native technological solution, branded as "Open Geospatial Consortium," that meticulously processes and unifies imagery for temporal analysis and advanced data integration. Additionally, they furnish space-based equipment and complementary software systems. Planet Labs caters to a diverse clientele across sectors such as agriculture, cartography, forestry, and the finance and insurance industries, alongside federal, state, and municipal government bodies. The organization was established in 2010 and maintains its primary operational base in San Francisco, California.

San Francisco, CA
810 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
William Spencer Marshall