PL — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-06-05

• Our mission is to use space to help life on Earth, by imaging the world every day and making global change visible, accessible, and actionable. Our products include imagery, insights, and machine learning that empower companies, governments, and communities around the world to make timely decisions …

• Attracting new customers is an important factor affecting our future growth and operating performance. We believe our ability to attract customers will be driven by our agile aerospace capabilities, which allow for the rapid development and deployment of satellite hardware to ensure a consistent dat…

• of the renewed contract or, if the contract has not yet renewed or extended, the ACV is excluded from the EoP ACV Book of Business. We do not annualize short-term contracts in calculating our EoP ACV Book of Business. We calculate the ACV of usage-based contracts based on the committed contracted re…

• We define Net Dollar Retention Rate as the percentage of ACV generated by existing customers in a given period as compared to the ACV of all contracts at the beginning of the fiscal year from the same set of existing customers. We define existing customers as customers with an active contract with P…

• We assess two metrics for net dollar retention—Net Dollar Retention Rate, as described above, and Net Dollar Retention Rate including winbacks. A winback is a previously existing customer that was inactive at the start of the measurement period but has reactivated during the measurement period. The …

Text removed vs the prior filing · source: 10-Q · 2025-12-10

• Our mission is to use space to help life on Earth, by imaging the world every day and making global change visible, accessible, and actionable. Our products include imagery, insights, and machine learning that empower companies, governments, and communities around the world to make timely decisions …

• In January 2025, Planet entered into a multi-year $230.0 million commercial agreement with SKY Perfect JSAT (“JSAT”) through its U.S.-based subsidiary. Pursuant to the agreement, Planet will build and operate a constellation of ten Pelican high resolution satellites that will be owned by JSAT. In co…

• In June 2025, Planet entered into a multi-year €240.0 million commercial agreement, funded by the German government, pursuant to which Planet will provide dedicated image tasking capacity and direct downlink services on Pelican satellites. The agreement also includes access to imagery data and AI-en…

• Attracting new customers is an important factor affecting our future growth and operating performance. We believe our ability to attract customers will be driven by our ability to continue to improve our data and offer software and analytic solutions that make our data easier to consume and integrat…

• interaction. We believe this serves as a natural entry point for some of our smaller accounts, enabling them to realize the value of Planet’s offerings, leading to broader awareness of our solutions throughout their networks and organizations.

Text added vs the prior filing · source: 10-Q · 2026-06-05

• our ability to operate in a highly regulated industry and obtain and maintain required government licenses and other authorizations, including those necessary to launch and operate space and ground infrastructure for ourselves and for our customers;

• counterparty risk with respect to the Capped Call Transactions.

• We have a history of operating losses and limited history operating at our current scale and under our current strategy, which makes it difficult to predict future operating results, and we may not achieve our expected operating results or achieve or sustain profitability.

• We generated net losses of $138.9 million and $12.6 million for the three months ended April 30, 2026 and 2025, respectively. As of April 30, 2026, we had an accumulated deficit of $1,588.7 million. Although we have seen revenue growth in recent periods, we have not achieved profitability and we may…

• overall market, slower than expected revenue recognition from our satellite services contracts, or our failure, for any reason, to continue to take advantage of growth opportunities.

Text removed vs the prior filing · source: 10-Q · 2025-12-10

• our ability to operate in a highly regulated industry and obtain and maintain required government licenses and other authorizations;

• provisions in the Indenture that may deter or prevent a business combination that may be favorable to our investors; and

• counterparty risk with respect to the Capped Call Transactions

• We have a limited history of operating at our current scale and under our current strategy, which makes it difficult to predict our future operating results, and we may not achieve our expected operating results in the future.

• We have a limited history of operating at our current scale and under our current strategy, which makes it difficult to forecast our future results. You should consider and evaluate our prospects in light of the risks and uncertainty frequently encountered by growth stage companies in rapidly evolvi…

Text added vs the prior filing · source: 10-Q · 2026-06-05

• On January 14, 2026, Ita Brennan, a member of our board of directors, adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. The plan provides for the sale of up to 71,000 shares of Class A common stock. The plan is scheduled to termin…

• On January 22, 2026, Kristen Robinson, a member of the board of directors, through The Gary and Kristen Robinson Trust DTD 1/3/2007 (the “Robinson Trust”), an entity for which Ms. Robinson serves as trustee, adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1…

• On January 22, 2026, Gen. John W. Raymond, a member of the board of directors, through Raymond Family Rev Trust U/A DTD 05/30/2023 (the “Raymond Trust”), an entity for which Gen. Raymond serves as trustee, adopted a trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c…

• On April 23, 2026, Ashley Johnson, the Company's president and chief financial officer, through the Johnson Joint Revocable Trust DTD 3/27/14 (the “Johnson Trust”), an entity for which Ms. Johnson serves as trustee, adopted a trading plan intended to satisfy the affirmative defense conditions of Rul…

• On April 23, 2026, Robert Schingler, Jr., the Company’s co-founder, chief strategy officer, and member of the board of directors, through Ulysses Trust 02021.1, Dated February 26, 2021, an entity for which Mr. Schingler serves as trustee, adopted a trading plan intended to satisfy the affirmative de…

Text removed vs the prior filing · source: 10-Q · 2025-12-10

• During our last fiscal quarter, no director or officer, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408.