Palantir TechnologiesPLTREarnings & Financial Report
Palantir Technologies Inc. is an American publicly traded company that develops data integration and analytics platforms enabling government agencies, militaries, and corporations to combine and analyze data from multiple sources. Its flagship products—Gotham and Foundry —connect previously siloed databases to support intelligence operations, counterterrorism analysis, law enforcement, and enterprise analytics.
PLTR Q1 FY2026 Key Financial Metrics
Revenue
$1.6B
Gross Profit
$1.4B
Operating Profit
$754.0M
Net Profit
$870.5M
Gross Margin
86.8%
Operating Margin
46.2%
Net Margin
53.3%
YoY Growth
84.7%
EPS
$0.34
Palantir Technologies Q1 FY2026 Financial Summary
Palantir Technologies reported revenue of $1.6B (up 84.7% YoY) for Q1 FY2026, with a net profit of $870.5M (up 306.7% YoY) (53.3% margin). Cost of goods sold was $215.8M, operating expenses totaled $662.8M.
Key Financial Metrics
| Total Revenue | $1.6B |
|---|---|
| Net Profit | $870.5M |
| Gross Margin | 86.8% |
| Operating Margin | 46.2% |
| Report Period | Q1 FY2026 |
Palantir Technologies Annual Revenue by Year
Palantir Technologies annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.5B).
Palantir Technologies Quarterly Revenue & Net Profit History
Palantir Technologies results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.6B | +84.7% | $870.5M | 53.3% |
| Q4 FY2025 | $1.4B | +70.0% | $608.7M | 43.3% |
| Q3 FY2025 | $1.2B | +62.8% | $475.6M | 40.3% |
| Q2 FY2025 | $1.0B | +48.0% | $326.7M | 32.6% |
| Q1 FY2025 | $883.9M | +39.3% | $214.0M | 24.2% |
| Q4 FY2024 | $827.5M | +36.0% | $79.0M | 9.5% |
| Q3 FY2024 | $725.5M | +30.0% | $143.5M | 19.8% |
| Q2 FY2024 | $678.1M | +27.2% | $134.1M | 19.8% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $678.1M | $725.5M | $827.5M | $883.9M | $1.00B | $1.18B | $1.41B | $1.63B |
| YoY Growth | 27.2% | 30.0% | 36.0% | 39.3% | 48.0% | 62.8% | 70.0% | 84.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.19B | $5.77B | $6.34B | $6.74B | $7.37B | $8.11B | $8.90B | $10.20B |
| Liabilities | $1.05B | $1.18B | $1.25B | $1.22B | $1.34B | $1.43B | $1.41B | $1.64B |
| Equity | $4.05B | $4.50B | $5.00B | $5.42B | $5.93B | $6.59B | $7.39B | $8.56B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $144.2M | $419.8M | $460.3M | $310.3M | $539.3M | $507.7M | $777.3M | $899.2M |