Planet Labs FY27 Q2 adjusted EBITDA rises 117.45% to $13.93 million year over year; revenue climbs 58% to $116.1 million year over year

• Planet Labs posted 2Q’27 revenue of $116.1M, up 58% year over year.
• Net loss narrowed to $9.35M, while adjusted EBITDA rose to $13.93M from $6.41M a year earlier.
• GAAP gross margin eased to 57% from 58%; non-GAAP gross margin slipped to 59% from 61%.
• Backlog increased 11% year over year to $814.86M; cash and short-term investments totaled $865.4M at quarter-end.
• Forecast 3Q’27 revenue of $101M-$105M; sees FY’27 revenue of $430M-$441M with adjusted EBITDA of $3M-$10M.

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