Planet Labs PBC vs Redwire
Planet Labs PBC and Redwire are similar in size: $308m and $335m of revenue in their latest fiscal years. Planet Labs PBC grew faster (25.9% against 10.3%). Redwire kept more of each dollar of sales as profit: a net margin of -67.6% against -80.2%.
| Latest fiscal year | Planet Labs PBCPL, 2026 | RedwireRDW, 2025 |
|---|---|---|
| Revenue | $308m | $335m |
| Revenue growth | 25.9% | 10.3% |
| Net income | −$247m | −$227m |
| Operating margin | -30.9% | -68.5% |
| Net margin | -80.2% | -67.6% |
| Return on equity | -78.4% | -52.0% |
| Free cash flow | $57.6m | −$191m |
| Cash | $229m | $94.5m |
| Total debt | — | $88.4m |
| Debt to equity | — | 8.3% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | 1,000 | 1,410 |
| Market value | $4.87bn | $2.02bn |
| Price vs our value range | — | — |
| Moat score | 34 (Weak) | 16 (Weak) |
| Insider trades, 12 months | 0 buys, 25 sales | 6 buys, 39 sales |