Cover
Cover | 12 Months Ended |
Jan. 31, 2023 | |
Document Information [Line Items] | |
Document Type | DEF 14A |
Amendment Flag | false |
Entity Information [Line Items] | |
Entity Registrant Name | PLANET LABS PBC |
Entity Central Index Key | 0001836833 |
Pay vs Performance Disclosure
Pay vs Performance Disclosure - USD ($) | 12 Months Ended | 24 Months Ended | 36 Months Ended | |
Jan. 31, 2023 | Jan. 31, 2022 | Feb. 01, 2023 | Jan. 31, 2023 | |
Pay vs Performance Disclosure [Table] | ||||
Company Selected Measure Name | GAAP Revenue (6)(7) | |||
Named Executive Officers, Footnote [Text Block] | Our Non-PEO NEOs, for each year presented above were: Fiscal Year Non-PEO NEOs 2023 Ashley Johnson and Robbie Schingler, Jr. 2022 Ashley Johnson and Kevin Weil | |||
Peer Group Issuers, Footnote [Text Block] | The peer group used in this disclosure is the Nasdaq Computer Index, which is the same peer group used in the stock performance graph required by Item 201(e) of Regulation S-K and included in Part II, Item 5 of our Annual Report on Form 10-K. | |||
PEO Total Compensation Amount | $ 610,285 | $ 10,863,643 | ||
PEO Actually Paid Compensation Amount | (70,497) | 6,866,622 | ||
Non-PEO NEO Average Total Compensation Amount | 1,024,613 | 12,275,147 | ||
Non-PEO NEO Average Compensation Actually Paid Amount | 582,656 | 8,330,956 | ||
Equity Valuation Assumption Difference, Footnote [Text Block] | The following table summarizes the adjustments made to each of the PEO's total compensation and Non-PEOs' average total compensation, in each case, reported in the Summary Compensation Table, as required by SEC rules, to calculate "Compensation Actually Paid" amounts included in the table above. The fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was determined by reference to (i) for RSU awards, the closing price per share as of the applicable date; (ii) for stock options, using the Black-Scholes option pricing model as of the applicable date; and (iii) for earn-out awards, using a model based on multiple stock price paths developed through the use of a Monte Carlo simulation that incorporates into the valuation the possibility that the market condition targets may not be satisfied as of the applicable date. For further details, please see Note 15 to our consolidated financial statements included in our Annual Report on Form 10-K for the year ended January 31, 2023. The valuation methods used to calculate fair values did not materially differ from those disclosed as of the grant date of the equity awards. The fair value of the employee stock options granted during the fiscal years ended January 31, 2023, January 31, 2022 and January 31, 2021 was estimated using the following assumptions: Year Ended January 31, 2023 2022 2021 Weighted-average expected term (years) 3.6 - 5.1 3.6 -6.1 4.7 - 5.4 Expected volatility 61.40% - 75.49% 55.90% - 63.92% 54.51% - 56.24% Risk-free interest rate 1.56% - 4.455% 0.33% - 1.685% 0.62% Dividend yield 0.00% 0.00% 0.00% | |||
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | ||||
Compensation Actually Paid vs. Net Income [Text Block] | ||||
Compensation Actually Paid vs. Company Selected Measure [Text Block] | ||||
Total Shareholder Return Amount | 45.79 | 56.43 | ||
Peer Group Total Shareholder Return Amount | 73.74 | 93.59 | ||
Net Income (Loss) | $ (161,966) | $ (137,124) | ||
Company Selected Measure Amount | 191,256 | 131,209 | ||
PEO Name | William Marshall | William Marshall | ||
Measure [Axis]: 1 | ||||
Pay vs Performance Disclosure [Table] | ||||
Measure Name | GAAP Revenue | |||
Measure [Axis]: 2 | ||||
Pay vs Performance Disclosure [Table] | ||||
Measure Name | Non-GAAP Adjusted EBITDA | |||
PEO [Member] | Adj Type 1 Aggregate value for stock awards and option awards included in Summary Compensation Table Total Compensation for the covered fiscal year [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | $ 0 | $ (10,379,018) | ||
PEO [Member] | Adj Type 2 Fair value at year end of awards granted during the covered fiscal year that were outstanding and unvested at the covered fiscal year end [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 0 | 5,751,773 | ||
PEO [Member] | Adj Type 3 Year-over-year change in fair value at covered fiscal year end of awards granted in any prior fiscal year that were outstanding and unvested at the covered fiscal year end [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (815,992) | 0 | ||
PEO [Member] | Adj Type 4 Vesting date fair value of awards granted and vested during the covered fiscal year [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 0 | 630,224 | ||
PEO [Member] | Adj Type 5 Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting occured in covered fiscal year [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 135,210 | 0 | ||
Non-PEO NEO [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (487,409) | |||
Non-PEO NEO [Member] | Adj Type 1 Aggregate value for stock awards and option awards included in Summary Compensation Table Total Compensation for the covered fiscal year [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | (494,188) | (11,960,050) | ||
Non-PEO NEO [Member] | Adj Type 2 Fair value at year end of awards granted during the covered fiscal year that were outstanding and unvested at the covered fiscal year end [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 419,698 | 6,417,961 | ||
Non-PEO NEO [Member] | Adj Type 3 Year-over-year change in fair value at covered fiscal year end of awards granted in any prior fiscal year that were outstanding and unvested at the covered fiscal year end [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 655,031 | |||
Non-PEO NEO [Member] | Adj Type 4 Vesting date fair value of awards granted and vested during the covered fiscal year [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | 73,520 | 183,824 | ||
Non-PEO NEO [Member] | Adj Type 5 Change as of the vesting date (from the end of the prior fiscal year) in fair value of awards granted in any prior fiscal year for which vesting occured in covered fiscal year [Member] | ||||
Pay vs Performance Disclosure [Table] | ||||
Adjustment to Compensation Amount | $ 46,422 | $ 759,043 |