โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $0.02 (Est. -$0.02) โ
โข Revenue: $116.1M (Est. $104.22M) โ , +58% YoY.
โข Adj. EBITDA: $13.9M profit, up from $6.4M a year ago.
โข Adj. Gross Margin: 59%, vs. 61% a year ago.
โข RPO: $753.1M, with 46% expected over the next 12 months.
โข Backlog: $814.9M.
โข Cash, Cash Equivalents and Short-Term Investments: $865.4M, +219% YoY.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q3 FY2027 Revenue: $101Mโ$105M (Est. $114.49M) โ
โข Q3 FY2027 Adj. EBITDA: -$6M to -$1M.
โข Q3 FY2027 Adj. Gross Margin: 56%โ58%.
โข FY2027 Revenue: $430Mโ$441M (Est. $435.91M).
โข FY2027 Adj. EBITDA: $3Mโ$10M profit.
โข FY2027 Adj. Gross Margin: 55%โ57%.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue jumped 58% YoY to a record $116.1M, beating consensus by roughly 11%, while Adj. EPS swung positive and beat expectations.
โข Planet delivered its fourth consecutive quarter of meeting or exceeding the Rule of 40, while Adj. EBITDA reached a $13.9M profit.
โข Q3 revenue guidance came in well below consensus, although the FY2027 revenue range still brackets the $435.91M estimate.
โข Government and defense momentum continues, including new contracts with the NGA, German government and other European customers.
โข Planet expects positive Adj. EBITDA for the full year, while its satellite services and AI-enabled analytics pipeline continues to expand.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โPlanet delivered an outstanding second quarter, with record revenue of $116.1 million, representing 58% year-over-year growth and our fourth consecutive quarter of meeting or exceeding the Rule of 40.โ