Planet Labs (NYSE: PL) reported its Q4 and full-year results for the period ending January 31, 2025, revealing a mixed performance. While the company achieved record revenue, it fell short of analyst estimates for earnings per share (EPS), reporting a loss of $0.12. The stock dropped 11.9% in pre-market trading following the announcement. For fiscal year 2025, Planet Labs saw an 11% increase in revenue and is forecasting a further 34% growth over the next two years, as it aims for positive free cash flow. Despite achieving its first quarter of positive adjusted EBITDA, the company remains approximately two years away from generating positive cash flow. Year-over-year losses in Q4 increased, while sales growth slowed to 5%. Analysts remain cautiously optimistic about the company's future, citing potential benefits from a global shift towards sovereignty and autonomy in imagery.