Palantir Technologies (PLTR) financials
Palantir Technologies revenue and earnings by year
Palantir Technologies's revenue was $4.48 billion in the fiscal year to December 31, 2025, up 56.2% from the year before. Net income was $1.63 billion, 36.3% of revenue. Since the fiscal year to December 31, 2018, revenue has grown 33.4% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 8 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.48 | 2.87 | 2.23 | 1.91 | 1.54 | 1.09 | 0.74 | 0.60 |
| Revenue growth | 56.2% | 28.8% | 16.7% | 23.6% | 41.1% | 47.2% | 24.7% | — |
| Gross profit | 3.69 | 2.30 | 1.79 | 1.50 | 1.20 | 0.74 | 0.50 | 0.43 |
| Gross margin | 82.4% | 80.2% | 80.6% | 78.6% | 78.0% | 67.7% | 67.4% | 72.2% |
| Operating income | 1.41 | 0.31 | 0.12 | -0.16 | -0.41 | -1.17 | -0.58 | -0.62 |
| Operating margin | 31.6% | 10.8% | 5.4% | -8.5% | -26.7% | -107.4% | -77.6% | -104.7% |
| Net income | 1.63 | 0.46 | 0.21 | -0.37 | -0.52 | -1.17 | -0.58 | -0.60 |
| Net margin | 36.3% | 16.1% | 9.4% | -19.6% | -33.7% | -106.7% | -78.1% | -100.5% |
| Diluted EPS | $0.63 | $0.19 | $0.09 | -$0.18 | -$0.27 | -$1.20 | — | — |
| Free cash flow | 2.10 | 1.14 | 0.70 | 0.18 | 0.32 | -0.31 | -0.18 | -0.05 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open PLTR in Markets.
How Palantir Technologies makes money
Revenue by segment in the quarter to June 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Government Operating | $990M | 51.2% |
| Commercial Operating | $945M | 48.8% |
See also: PLTR valuation and P/E history · PLTR returns
No forecast, no recommendation. This page describes Palantir Technologies from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.