Planet Labs: The Ascent of a Satellite Giant
The analysts-those soothsayers of spreadsheets-had predicted an adjusted loss of $0.04 per share on sales of $66.2 million for Planet Labs’ second-quarter fiscal 2026 report. Yet reality proved kinder; the company reported a smaller loss of $0.03 per share, with revenue climbing 20% year over year to $73.4 million. Management spoke of even brighter horizons ahead, their voices echoing through boardrooms as if they could drown out the hum of machinery below.