Planet Labs PBC ($PL) shares rallying 21 percent in extended trading

After-hours activity has Planet Labs PBC (PL) jumping 21.77 percent on news of Q4 revenue surpasses estimates.

Planet Labs (NYSE: PL) reported a robust finish to the year with Q4 2026 revenue of $86.82 million, surpassing analyst estimates of $78.53 million and marking a 41% increase from the previous year. Despite this, the company reported adjusted break-even earnings compared to a loss of $0.02 last year.

Looking ahead, Planet Labs projects FY 2027 revenue between $415.00 million and $440.00 million, exceeding analysts’ expectations of $379.59 million. The Q1 2027 revenue forecast is set between $87.00 million and $91.00 million, above the market estimate of $84.55 million.

Planet Labs PBC traded at $32.83 during post-market trading, compared with the regular close of $26.96. The stock traded in a range of $23.94 to $27.26 on volume of 20.57 million shares.