Palantir Technologies financials
$186.97−0.27%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 |
|---|---|---|---|---|---|---|
| Revenue | $4.48B | $2.87B | $2.23B | $1.91B | $1.54B | $1.09B |
| Gross profit | $3.69B | $2.30B | $1.79B | $1.50B | $1.20B | $740.1M |
| Gross margin | 82.4% | 80.2% | 80.6% | 78.6% | 78.0% | 67.7% |
| Operating income | $1.41B | $310.4M | $120.0M | -$161.2M | -$411.0M | -$1.17B |
| Net income | $1.63B | $462.2M | $209.8M | -$373.7M | -$520.4M | -$1.17B |
| Net margin | 36.3% | 16.1% | 9.4% | −19.6% | −33.7% | −106.7% |
| Diluted EPS | $0.63 | $0.19 | $0.09 | $-0.18 | $-0.27 | $-1.20 |
| EBITDA | $1.44B | $342.0M | $153.3M | -$138.7M | -$396.1M | -$1.16B |
| Operating cash flow | $2.13B | $1.15B | $712.2M | $223.7M | $333.9M | -$296.6M |
| Free cash flow | $2.10B | $1.14B | $697.1M | $183.7M | $321.2M | -$308.8M |
| Diluted shares | 2,565.2M | 2,450.8M | 2,297.9M | 2,063.8M | 1,923.6M | 979.3M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.42B | $2.10B | $831.0M | $2.60B | $2.29B | $2.01B |
| Short-term investments | $5.75B | $3.13B | $2.84B | $35.1M | $234.2M | — |
| Total debt | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $198.0M |
| Total assets | $8.90B | $6.34B | $4.52B | $3.46B | $3.25B | $2.69B |
| Total liabilities | $1.41B | $1.25B | $961.5M | $818.8M | $956.4M | $1.17B |
| Shareholders' equity | $7.49B | $5.09B | $3.56B | $2.64B | $2.29B | $1.52B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology