Full-Time
Updated on 8/23/2026
Provides high-frequency satellite imagery analytics
$80.2k - $100.2k/yr
San Francisco, CA, USA
Hybrid
Hybrid role; requires 3 days on-site per week in San Francisco.
Bachelor's
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Planet Labs provides near-daily, high-resolution Earth imagery and geospatial data to government, environmental, agricultural, and commercial clients through a subscription service. Its Dove satellites in low Earth orbit capture 8-band imagery, which is stored, processed, and made accessible via a cloud-based platform; customers can also request specific images or data through tasking orders and use Planet’s analytics tools. The company differentiates itself with a large constellation of small, affordable satellites delivering frequent imagery and an integrated suite of analytics and customization options beyond raw images. Its goal is to deliver timely Earth observation data and insights that support decision-making across organizations and society.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
San Francisco, California
Founded
2010
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Health Insurance
Dental Insurance
Vision Insurance
Health Savings Account/Flexible Spending Account
Unlimited Paid Time Off
Paid Vacation
Paid Sick Leave
Paid Holidays
Sabbatical Leave
Remote Work Options
Wellness Program
Mental Health Support
Home Office Stipend
Phone/Internet Stipend
Tuition Reimbursement
Equity
Commuter Benefits
Volunteering Paid Time Off
Parental Leave
Planet Labs growth stock makes the case against SpaceX's valuation. Planet Labs PBC (NYSE: PL), the Earth-observation satellite operator, is one of five growth stocks currently trading more than 50% below their consensus analyst price targets, placing it in the same screen as SpaceX, Strategy, Applied Digital and D-Wave Quantum. The argument for PL over the better-known names on that list comes down to valuation, accelerating quarterly revenue, and a business model with genuine institutional demand - offset by a balance sheet that still carries significant strain. Planet Labs growth stock: where it sits versus SpaceX. SpaceX commands a price-to-sales ratio of 36 against a market capitalisation of $1.4 trillion. Planet Labs, at a market cap of $7.2 billion, trades on a price-to-sales multiple of 16.5. Both companies are growing quickly, but PL is doing so from a far smaller base, which means the maths of doubling is considerably less demanding. Founded in 2010 by three NASA scientists, Planet Labs PBC operates one of the largest commercial fleets of Earth-observation satellites, with roughly 200 in orbit collecting around 350 million square kilometres of imagery data. Its customers, numbering over 1,000, span agriculture, forestry, government agencies and defence. The US government alone accounts for an estimated 40% to 50% of revenues, a concentration that creates genuine dependency risk. Analyst consensus puts fiscal-year revenue - for the year ending 31 January 2027 - at $436 million, a 42% year-on-year increase. That forward estimate sits well above the company's actual reported performance for the year ended 31 January 2025, when Planet Labs' 10-K filing with the SEC showed annual revenue of approximately $244.4 million, up 11% year on year. The gap between current run-rate and analyst target is wide; closing it is what the bull case requires. Recent quarterly momentum backs the forward estimates. The most recent quarterly data lends some support to the optimistic trajectory. For the three months ended 31 October 2025, Planet Labs' 10-Q filing records revenue of $81.3 million, up from $61.3 million in the equivalent period a year earlier. Over the nine months ended 31 October 2025, revenue reached $220.9 million versus $182.8 million in the prior-year nine-month period. That sequential acceleration is encouraging if the $436 million full-year target is to be taken seriously. The company also made progress at the gross margin line. The Q3 FY2025 earnings call, held in December 2024, reported a record non-GAAP gross margin of 64% and an adjusted EBITDA loss of just $0.24 million for that quarter, with management expecting adjusted EBITDA profitability in the following quarter. Capital expenditure ran at 20% of revenue for the year ended 31 January 2025, down marginally from 19% the year prior - satellite businesses are capital-intensive by nature, and that ratio bears watching as the fleet is maintained and expanded. The balance sheet demands caution. The picture is less comfortable when you move to the liability side. As of 31 October 2025, Planet Labs carried an accumulated deficit of $(1,297,406) thousand, against total stockholders' equity of $349,558 thousand. A year earlier, the accumulated deficit stood at $(1,167,847) thousand, meaning the deficit widened by roughly $129.6 million over twelve months. The GAAP net loss for the fiscal year ended 31 January 2025 was $(123,196) thousand, an improvement from $(140,509) thousand the prior year, but a loss of that scale relative to a $244 million revenue base is a structural issue, not a rounding error. Planet Labs went public via a SPAC merger in December 2021, a route that left it with the balance-sheet legacy that SPAC-listed companies often carry. Warrants registered on the exchange are exercisable into Class A Common Stock at $11.50 per share, a potential dilution overhang that equity holders need to price in. For investors screening for growth exposure via a Stocks and Shares ISA or SIPP, Planet Labs does offer something genuinely differentiated: a proprietary satellite constellation, recurring data contracts, and a customer base that includes government and institutional buyers unlikely to churn quickly. The SEC filings tracker for PL shows the company continues to file on schedule, and the revenue acceleration in the most recent quarters is real. The setup for the next two quarters is binary in one respect: if Planet Labs can demonstrate EBITDA profitability on a sustained basis and sustain revenue growth north of 30%, the $436 million analyst target for FY2027 starts to look achievable and the valuation discount to SpaceX narrows. If quarterly revenue stalls or the US government reduces its spending allocation, that discount will look like a warning, not an opportunity. Position sizing accordingly. Keith Howard is a financial journalist specializing in stock market analysis and investment strategies. With over 15 years of experience covering equity markets, earnings reports, and market trends, he brings clarity to complex financial topics. Keith focuses on helping readers understand market movements, identify investment opportunities, and navigate volatility. His straightforward writing style breaks down technical analysis into actionable insights for both novice and experienced investors. When he's not analyzing charts, Keith enjoys hiking and testing new coffee brewing methods.
Earth observation satellites are becoming business infrastructure rather than exclusive hedge fund tools. More than 1,000 satellites now orbit Earth, with Planet Labs operating over 200 that photograph the planet's entire landmass daily. The sector is expanding rapidly. Planet Labs recently posted its first profitable year with quarterly revenue up 33%. Finnish radar imaging firm ICEYE raised over $500 million this summer at a valuation exceeding $10 billion. New imaging technologies are emerging. India's Pixxel launched a six-satellite hyperspectral constellation, whilst GalaxEye introduced what it calls the world's first satellite combining optical and radar imaging. AI foundation models, trained on vast satellite imagery datasets, are making interpretation faster and cheaper. These models can identify patterns like deforestation or crop health across continents, transforming once-expensive analysis into accessible business intelligence.
Nova and Planet partner on space intelligence capability. 12 August 2026 2 / 3 free articles left. Nova Systems has formalised a strategic partnership with global Earth Observation (EO) company Planet. According to Planet, it operates the world's largest constellation of commercial Earth observation satellites, delivering high-frequency imagery and enabling near real-time monitoring of global activity. This supports persistent, wide-area coverage helping to reduce intelligence gaps and providing a more comprehensive view of areas of interest. Planet combines large-scale satellite coverage with artificial intelligence and machine learning to automatically analyse patterns, detect changes, and provide actionable insights at speed. This enables faster identification of emerging risks and supports a shift from reactive intelligence to proactive monitoring, Planet claims. According to the companies, through this partnership, Nova Systems and Planet will support the Australian Defence Force (ADF) and National Intelligence Community with enhanced situational awareness and improved monitoring of land and maritime environments, delivering a more integrated, data-driven operating picture across defence and national security missions. This includes the ability to track infrastructure changes, assess disaster impacts, detect threats early, and improve operational decision-making across defence and national resilience missions. Nova Systems CEO Dean Rosenfield said the partnership reflects growing demand for sovereign-aligned space capability and data-driven decision advantage. "This partnership brings together world-leading EO technology with Nova Systems' deep understanding of Defence and national security. Together with Planet, we are enhancing Australia's ability to monitor, understand and respond to an increasingly complex strategic environment," Rosenfield said. Planet is a publicly listed company on the New York Stock Exchange.
John W. Raymond, a Planet Labs PBC board director, sold 6,494 shares of Class A Common Stock on 13 July 2026 for approximately $169,883, according to an SEC Form 4 filing. The sale was executed under a Rule 10b5-1 plan established in January 2026. Following the transaction, Raymond retains 6,479 shares directly and 37,114 shares indirectly through a family trust, totalling 43,593 shares worth $1.13 million. His post-transaction stake represents continued significant beneficial interest in the company. At the transaction date, Planet Labs' stock had generated a 323% total return over the preceding 12 months, with the company maintaining a market capitalisation of $8.6 billion. The company operates satellite constellations providing global geospatial data through a cloud-native platform.
Metaspectral partners with Planet to deliver trusted spectral intelligence from Tanager hyperspectral data. * Rating12345 Vancouver, B.C. - July 15, 2026 - Metaspectral announced its partnership with Planet Labs PBC, a leading provider of daily data and insights about change on Earth, to deliver trusted, evidence-based spectral intelligence from Planet Tanager(TM) hyperspectral data through Metaspectral Clarity. Planetary Intelligence derived from Planet data is emerging as a new model for understanding the physical world: continuous sensing, real-world data, AI-assisted analysis, and decision support that help organizations respond to what is happening on Earth. The Planet Tanager mission provides rich hyperspectral observations from orbit. Metaspectral Clarity provides the intelligence and infrastructure to convert imagery into science-based spectral evidence for monitoring, change detection, and high-consequence decisions across agriculture, forestry, and environmental monitoring. Clarity is a hyperspectral analysis platform built to turn Tanager data into science-grade intelligence with an agentic AI orchestrator that guides analysis from data to decision-ready output. Metaspectral's patented subpixel deep learning for spectral unmixing strengthens the platform's ability to extract precise signals from complex hyperspectral scenes. "Tanager gives organizations access to a new level of spectral information from orbit," said Francis Doumet, CEO of Metaspectral. "Clarity turns that information into intelligence they can trust. Our partnership with Planet is focused on deriving intelligence from hyperspectral analysis-ready data and transforming it into science-based evidence for high-confidence, high-consequence decisions." Planetary Intelligence is more than seeing the Earth more frequently. It also depends on the ability to interpret sensor data, compare it with the scientific context, and provide decision-makers with outputs that are reviewable, explainable, and grounded in observable evidence. In that workflow, Tanager provides the hyperspectral observation layer, while Clarity provides the decision-intelligence layer that helps users understand what the data may mean. Tanager hyperspectral data reveal material and biochemical differences that multispectral imagery cannot resolve with the same precision. Tanager's broad wavelength coverage provides additional intelligence beyond legacy multispectral imagery, particularly in monitoring contexts where subtle changes in material-level evidence matter. By combining spectral analysis, explainable AI, and decision-ready outputs, Clarity reports what the data indicate, surfaces strong evidence, identifies where uncertainty remains, and flags indicators for validation. Clarity preserves the chain from spectral observation to analytical workflow results. Evidence trails are essential for organizations using hyperspectral intelligence to support operational decisions, field inspections, sampling programs, and recurring monitoring workflows. "Tanager expands the scope of what organizations can monitor from orbit by capturing rich hyperspectral observations across broad wavelength ranges," said Linds Panther, Director of Strategic Partnerships at Planet. "Metaspectral's Clarity platform translates those observations into spectral intelligence, supporting applications where monitoring, change detection, and decision confidence are critical." This is especially important for organizations evaluating hyperspectral data against familiar multispectral approaches. While multispectral imagery is suitable for routine monitoring tasks, hyperspectral data becomes most valuable when decisions require detailed material-level information. In agriculture, they surface crop and soil indicators before visible symptoms appear. For example, Clarity improves confidence in surface-area signals before field resources are committed. In environmental monitoring, Clarity identifies material signals to prioritize inspection and monitoring workflows. Metaspectral provides a sandbox environment to demonstrate how Clarity analyzes Tanager Core Imagery available through the Planet Open Data portal and reports decision-ready intelligence based on spectral evidence. To learn more about hyperspectral data and auditable intelligence from Metaspectral Clarity, visit www.metaspectral.com.