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Planet Labs beats Q2 2026 expectations with 58% revenue growth and positive EPS.

Company Fundamentals
03 Sep 2026
Gordon Thompson
View Source
Bullish
Planet Labs beats Q2 2026 expectations with 58% revenue growth and positive EPS.

Planet Labs PBC reported strong Q2 2026 results, posting $116.05 million in revenue, a 58% increase year-over-year, and a positive earnings per share of $0.02, surpassing analyst expectations of a loss. The company shows financial stability with a current ratio of 2.84 and 98% of its annual contract value coming from recurring sources. This performance highlights Planet Labs' growing market position in Earth-imaging satellite data and suggests continued strength moving forward.

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Oracle's strong financials and AI investments boost analyst price target by 36%.

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Gold's rise in official reserves is driven by private demand, not central banks, says Federal Reserve economist.

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Neutral
4 hours ago
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