Overview
- Q4 revenue rose to $86.82 million versus roughly $78.5 million expected, with adjusted EBITDA of $2.3 million beating forecasts for a loss.
- Management guided fiscal 2027 revenue to $415 million–$440 million, well above the ~$380 million Street view, and set Q1 at $87 million–$91 million.
- The company reported record annual revenue of about $308 million as RPOs climbed 106% to $852 million and backlog increased 79% to more than $900 million.
- Planet posted its first full year of positive adjusted EBITDA and generated about $53 million in free cash flow, though GAAP losses and softer margins remain watch points.
- Operational and strategic updates included 40 satellite launches, an R&D partnership with Google on orbital data centers, reported Nvidia GPU work to speed image processing, and new $40 price targets from Needham and Wedbush.