Planet Labs is set to report fiscal first-quarter 2027 results on June 4 after the market close, putting Pl Stock back in focus for investors looking for the next move in revenue growth and losses. The company enters the report with Wall Street expecting $89.8 million in revenue and a loss of 3 cents per share.
That revenue estimate points to growth of 35.5% from the same quarter a year earlier, a pace that keeps attention on whether Planet Labs can keep turning demand into sales. The company also has a $900 million backlog, giving traders one more figure to weigh as they look past the headline numbers and toward the size of its future pipeline.
For readers checking the stock now, the timing matters because the earnings release is imminent and the consensus call has not shifted in the past 30 days. The estimate for earnings has held at a loss of 3 cents per share, and both the Most Accurate Estimate and the consensus are aligned at that level.
That setup leaves the report finely balanced. Planet Labs has a strong recent record, beating the Zacks Consensus Estimate in three of the trailing four quarters and matching it once, with an average surprise of 75%. But this time the screening signal is less decisive: its Earnings ESP is 0.00%, which offers no edge either way even as the stock carries a Zacks Rank #3.
The business drivers behind the quarter point to the parts of the company that have been doing the heavy lifting. Revenue was likely supported by a growing emphasis on government and defense customers, along with continued expansion of its fixed-price subscription and usage-based contract model. Broader adoption of Planet Labs’ geospatial intelligence solutions across commercial industries may also have helped, while demand for data subscriptions, analytics solutions and satellite services likely supported the Defense & Intelligence segment.
What happens next is straightforward. Planet Labs will release the numbers after the close on June 4, and that will quickly show whether the company’s recent pattern of beats can keep going or whether the flat EPS signal was the better guide this time.
