SequelSEC

Palantir Technologies Inc. PLTR

Services-Prepackaged Software · CIK 0001321655 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$4.48B
Fiscal year ended 2025-12-31
Operating income
$1.41B
Fiscal year ended 2025-12-31
Free cash flow
$2.10B
Fiscal year ended 2025-12-31

Palantir Technologies Inc. (PLTR) reported revenue of $4.48B and net income of $1.63B for the fiscal year ended 2025-12-31. This page shows 8 annual periods of income statement, balance sheet and cash flow figures normalized from Palantir Technologies Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

Palantir Technologies Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Revenue$4.48B$2.87B$2.23B$1.91B$1.54B$1.09B$742.56M$595.41M
Cost of revenue$789.18M$565.99M$431.10M$408.55M$339.40M$352.55M$242.37M$165.40M
Gross profit$3.69B$2.30B$1.79B$1.50B$1.20B$740.13M$500.18M$430.01M
Operating income$1.41B$310.40M$119.97M-$161.20M-$411.05M-$1.17B-$576.44M-$623.44M
Net income$1.63B$462.19M$209.82M-$373.70M-$520.38M-$1.17B-$579.65M-$580.03M
Research & development$557.68M$507.88M$404.62M$359.68M$387.49M$560.66M$305.56M$285.45M
Weighted-average diluted sharesshares 2.57Bshares 2.45Bshares 2.30Bshares 2.06Bshares 1.92Bshares 979.33Mshares 576.96Mshares 544.01M
Pretax income$1.66B$489.17M$237.09M-$361.03M-$488.49M-$1.18B-$567.27M-$570.92M
Income tax expense$22.72M$21.26M$19.72M$10.07M$31.88M-$12.64M$12.38M$9.10M
Diluted EPS$0.63$0.19$0.09$-0.18$-0.27$-1.20$-1.02$-1.17
Selling, general & administrative$1.71B$1.48B$1.27B$1.30B$1.23B$1.35B$771.06M$768.00M
General & administrative$657.72M$593.48M$524.32M$596.33M$611.53M$669.44M$320.94M$306.24M
Selling & marketing$1.06B$887.76M$744.99M$702.51M$614.51M$683.70M$450.12M$461.76M

Balance

Palantir Technologies Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Cash & equivalents$1.42B$2.10B$831.05M$2.60B$2.29B$2.01B$1.08B$1.12B
Total assets$8.90B$6.34B$4.52B$3.46B$3.25B$2.69B$1.59BUnavailable
Current assets$8.36B$5.93B$4.14B$3.04B$2.86B$2.26B$1.21BUnavailable
Total liabilities$1.41B$1.25B$961.46M$818.80M$956.42M$1.17B$1.45BUnavailable
Current liabilities$1.18B$996.02M$746.02M$587.94M$660.06M$603.82M$728.60MUnavailable
Total equity incl. NCI$7.49B$5.09B$3.56B$2.64B$2.29B$1.52B-$1.98B-$1.75B
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$1.04B$575.05M$364.78M$258.35M$190.92M$156.93M$50.32MUnavailable
GoodwillUnavailableUnavailableUnavailable$37.94M$1.87MUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailable$0$197.98M$396.06MUnavailable
Accounts payable$8.06M$103.00K$12.12M$44.79M$74.91M$16.36M$51.74MUnavailable

Cash flow

Palantir Technologies Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Operating cash flow$2.13B$1.15B$712.18M$223.74M$333.85M-$296.61M-$165.22M-$39.01M
Capital expenditures$33.88M$12.63M$15.11M$40.03M$12.63M$12.24M$13.10M$13.00M
Investing cash flow-$2.78B-$340.66M-$2.71B-$45.43M-$397.91M-$14.92M-$21.96M-$6.78M
Financing cash flow-$26.91M$463.36M$218.84M$86.00M$306.75M$1.04B$324.53M$46.15M
Net change in cash-$668.51M$1.27B-$1.78B$260.42M$238.77M$726.18M$135.13M-$3.34M
Stock-based compensation$684.03M$691.64M$475.90M$564.80M$778.22M$1.27B$241.97M$248.50M
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchases$74.98M$64.20M$0$0$0$3.78M$11.20M$7.71M
Depreciation & amortization$26.14M$31.59M$33.35M$22.52M$14.90M$13.87M$12.26M$13.91M

Derived

Palantir Technologies Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-31
Free cash flow$2.10B$1.14B$697.07M$183.71M$321.22M-$308.84M-$178.31M-$52.02M
Gross margin82.4%80.2%80.6%78.6%78.0%67.7%67.4%72.2%
Operating margin31.6%10.8%5.4%-8.5%-26.7%-107.4%-77.6%-104.7%
FCF margin46.9%39.8%31.3%9.6%20.8%-28.3%-24.0%-8.7%
SBC / revenue15.3%24.1%21.4%29.6%50.5%116.3%32.6%41.7%
Current ratio7.11x5.96x5.55x5.17x4.34x3.74x1.67xUnavailable
Revenue YoY growth56.2%28.8%16.7%23.6%41.1%47.2%24.7%Unavailable
Net margin36.3%16.1%9.4%-19.6%-33.7%-106.7%-78.1%-97.4%
R&D / revenue12.5%17.7%18.2%18.9%25.1%51.3%41.2%47.9%
CapEx / revenue0.8%0.4%0.7%2.1%0.8%1.1%1.8%2.2%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate1.4%4.3%8.3%UnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PLTR in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-04View SEC filing
10-Q · Filed 2026-05-05View SEC filing
10-K · Filed 2026-02-17View SEC filing
10-Q · Filed 2025-11-04View SEC filing
10-Q · Filed 2025-08-05View SEC filing
10-Q · Filed 2025-05-06View SEC filing

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Reconciliation checks needing review

1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationreview2019-12-31

Difference 2127231000 exceeds tolerance 1594025.000. Presentation or filing-vintage differences need review.