Planet Labs Pbc

Capital expenditures are expected to be in the range of approximately $18 million and $24 million for the quarter.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Capital expenditures are expected to be in the range of approximately $65 million and $75 million for the year.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Capital Expenditures as a Percentage of Revenue The Company defines capital expenditures as purchases of property and equipment plus capitalized internally developed software development costs, which are included in our statements of cash flows from investing activities.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

The Company defines capital expenditures as a percentage of revenue as the total amount of capital expenditures divided by total revenue in the reported period.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Capital expenditures as a percentage of revenue is a performance measure that we use to evaluate the appropriate level of capital expenditures needed to support demand for the Company s data services and related revenue, and to provide a comparable view of the Company s performance relative to other earth observation companies, which may invest significantly greater amounts in their satellites to deliver their data to customers.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

As a result of the Company s strategy and business model, the Company s capital expenditures may be more similar to software companies with large data center infrastructure costs.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

The short-term contract demonstrates how customers can leverage Planet data to monitor sites of strategic interest for critical changes and threats.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

NATO Allied Command Transformation, NATO s Strategic Warfare Development Command, selected Planet for a landmark investment to deliver persistent space-based surveillance and enhanced indications and warnings capabilities.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

The contract solidifies Planet s position as a trusted and essential partner for customers seeking to bolster their strategic capabilities in a rapidly changing geopolitical landscape.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Navy Planet signed a seven-figure expansion with the U.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

The Company includes these non-GAAP financial measures because they are used by management to evaluate the Company s core operating performance and trends and to make strategic decisions regarding the allocation of capital and new investments.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Department of Defense, underscores the critical role Planet plays in addressing global challenges and supporting peace and security, said Will Marshall, Planet s Co-Founder, Chief Executive Officer and Chairperson.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Given the number of risk factors, uncertainties and assumptions discussed below, actual results may differ materially.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

GAAP financial measure (cost of revenue, research and development expenses, sales and marketing expenses, and general and administrative expenses) adjusted for stock-based compensation, amortization of acquired intangible assets, restructuring costs, and certain litigation expenses, that are classified within each of the corresponding U.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Non-GAAP Loss from Operations The Company defines and calculates non-GAAP loss from operations as loss from operations adjusted for stock-based compensation, amortization of acquired intangible assets, restructuring costs,and certain litigation expenses.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Non-GAAP Net Income (Loss) and Non-GAAP Net Income (Loss) per Diluted Share The Company defines and calculates non-GAAP net income (loss) as net loss adjusted for stock-based compensation, amortization of acquired intangible assets, restructuring costs, certain litigation expense, and the income tax effects of the non-GAAP adjustments.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025

Adjusted EBITDA The Company defines and calculates adjusted EBITDA as net income (loss) before the impact of interest income and expense, income tax provision and depreciation and amortization, and further adjusted for the following items stock-based compensation, change in fair value of warrant liabilities, other income (expense), net, restructuring costs, and certain litigation expenses.

SEC original ↗Planet Labs Pbc — Earnings release (8-K exhibit)EX-99Sep 8, 2025