Planet Labs PBC Stock watching
On June 4, 2026, Planet Labs PBC (NYSE: PL) reported record first--quarter fiscal 2027 revenue of $94.2 million, representing a 42% year--over--year increase and exceeding market expectations. The company posted a narrower--than--expected adjusted loss of $0.03 per share and raised its full--year revenue guidance to a range of $425 million to $441 million. This growth was underpinned by a 72% year--over--year expansion in contracted backlog to over $906 million, driven largely by robust demand in the defense and intelligence sectors. Key operational milestones included the successful launch of three Pelican satellites and a $21.9 million contract extension from the U.S. National Geospatial--Intelligence Agency (NGA).