04:36 PM EDT, 06/04/2025 (MT Newswires) -- Planet Labs (PL) reported late Wednesday fiscal Q1 non-GAAP net income of $0.00 per share, compared to a net loss of $0.05 a year earlier.

Analysts polled by FactSet expected a loss of $0.04.

Revenue for the three months ended April 30 was $66.3 million, up from $60.4 million a year earlier. Analysts expected $62.3 million.

For fiscal Q2, the company expects revenue of $65 million to $67 million. Analysts surveyed by FactSet expect $65.2 million.

For fiscal 2026, the company projects revenue of $265 million to $280 million. Analysts are looking for $271.1 million.

Shares of the company were up 13.5% in recent after-hours activity.