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PLTR / Technology

Palantir Technologies Inc.

Services-Prepackaged Software

Company overview

Palantir Technologies Inc. is an SEC-reporting issuer listed on NASDAQ under PLTR. Its SEC industry description is Services-Prepackaged Software. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications.

Product cycles, recurring software revenue and infrastructure investment shape this broad group. Hardware and software businesses have different cost structures.

Business segments

Segment-level revenue is not included in this standardized dataset. Consult the business and segment notes in the linked annual filing for the issuer’s actual reporting segments.

Selected fundamentals

Annual reporting currency: USD. Financial amounts are in millions, except per-share figures and ratios.

Latest period 2025-12-31 · prior period 2024-12-31
Metric2025-12-312024-12-31Source filed
RevenueUSD 4,475.4mUSD 2,865.5m2026-02-17
Operating incomeUSD 1,414mUSD 310.4m2026-02-17
Net incomeUSD 1,625mUSD 462.2m2026-02-17
Diluted EPSUSD 0.63USD 0.192026-02-17
Operating cash flowUSD 2,134.5mUSD 1,153.9m2026-02-17
Capital expenditureUSD 33.9mUSD 12.6m2026-02-17
Free cash flowUSD 2,100.6mUSD 1,141.2m2026-02-17
Gross margin82.37%80.25%2026-02-17
Operating margin31.59%10.83%2026-02-17

FCF = operating cash flow − purchases of property, plant and equipment. Missing tags remain unavailable. Standardized cash-flow comparisons are particularly limited for financial businesses.

Inspect original metric provenance
{
  "revenue": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 4475446000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax",
    "unit": "USD"
  },
  "netIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 1625033000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:NetIncomeLoss",
    "unit": "USD"
  },
  "grossProfit": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 3686269000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:GrossProfit",
    "unit": "USD"
  },
  "operatingIncome": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 1414015000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:OperatingIncomeLoss",
    "unit": "USD"
  },
  "eps": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 0.63,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:EarningsPerShareDiluted",
    "unit": "USD/shares"
  },
  "operatingCashFlow": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 2134473000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:NetCashProvidedByUsedInOperatingActivities",
    "unit": "USD"
  },
  "capex": {
    "start": "2025-01-01",
    "end": "2025-12-31",
    "val": 33882000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "frame": "CY2025",
    "tag": "us-gaap:PaymentsToAcquirePropertyPlantAndEquipment",
    "unit": "USD"
  },
  "totalAssets": {
    "end": "2025-12-31",
    "val": 8900392000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:Assets",
    "unit": "USD"
  },
  "totalLiabilities": {
    "end": "2025-12-31",
    "val": 1412381000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:Liabilities",
    "unit": "USD"
  },
  "shareholdersEquity": {
    "end": "2025-12-31",
    "val": 7387268000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:StockholdersEquity",
    "unit": "USD"
  },
  "currentAssets": {
    "end": "2025-12-31",
    "val": 8358174000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:AssetsCurrent",
    "unit": "USD"
  },
  "currentLiabilities": {
    "end": "2025-12-31",
    "val": 1175581000,
    "accn": "0001321655-26-000011",
    "fy": 2025,
    "fp": "FY",
    "form": "10-K",
    "filed": "2026-02-17",
    "tag": "us-gaap:LiabilitiesCurrent",
    "unit": "USD"
  }
}

Annual earnings trend

Reported fiscal periods, not a live price chart.

Interactive chart loads in the browser. The full annual values are available below.

View all annual figures in a table
Period endRevenueNet incomeEPS
2025-12-31USD 4,475.4mUSD 1,625mUSD 0.63
2024-12-31USD 2,865.5mUSD 462.2mUSD 0.19
2023-12-31USD 2,225mUSD 209.8mUSD 0.09
2022-12-31USD 1,905.9mUSD -373.7mUSD -0.18

Valuation context

This release does not quote price-based multiples because it does not include synchronized market prices. A financial denominator must be paired with a clearly dated market value.

MeasureInterpretation
P/EPrice divided by EPS; identify annual, trailing or forward basis.
P/S & P/BMarket capitalization divided by sales or book equity.
EV / EBITDAEnterprise value and EBITDA need consistent definitions.
FCF yieldFree cash flow divided by dated market capitalization.

A sector median is descriptive, not a fair-value estimate. Explore sector context ↗

Selected filing notes

10-KFiled 2026-02-17Period 2025-12-31

PLTR filed this 10-K on 2026-02-17 for the reported period 2025-12-31. Reading focus: Revenue mix, research spending, inventory and cash conversion. This is a metadata-based reading guide; it does not assert that a particular event or risk change occurred in the document.

Read SEC original ↗

Related research

Risks & what to monitor

Customer concentration, product transitions, export restrictions and the durability of capital spending.

Revenue mix, research spending, inventory and cash conversion.

Sources & dates