LA PLATA, Maryland — Geospatial imagery and services provider Planet Labs grew its revenue by 11% in the 12 months ending Jan. 31, 2025, expects 10.5% growth this year and 21% in FY 2027, a trajectory that would bring revenue to $326.7 million.
During the same period, the company expects to reach positive free cash flow after reporting positive adjusted EBITDA for the last quarter of FY 2025, achieving a goal announced two years ago.
Planet’s backlog more than doubled in FY 2025, to $498 . . .
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