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.
Revenue
$1.2B
Gross Profit
$973.8M
Operating Profit
$393.3M
Net Profit
$475.6M
Gross Margin
82.4%
Operating Margin
33.3%
Net Margin
40.3%
YoY Growth
62.8%
EPS
$0.18
Palantir Technologies Q3 FY2025 Financial Summary
Palantir Technologies reported revenue of $1.2B (up 62.8% YoY) for Q3 FY2025, with a net profit of $475.6M (up 231.4% YoY) (40.3% margin). Cost of goods sold was $207.3M, operating expenses totaled $580.5M.
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $475.6M |
| Gross Margin | 82.4% |
| Operating Margin | 33.3% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Palantir Technologies Q3 FY2025 revenue of $1.2B breaks down across 2 segments, led by Government Operating Segment at $632.7M (53.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Government Operating Segment | $632.7M | 53.6% |
| Commercial | $548.4M | 46.4% |
Palantir Technologies Revenue by Segment — Quarterly Trend
Palantir Technologies revenue by segment across the last 4 reported quarters, showing how each business line (such as Government Operating Segment and Commercial) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Government Operating Segment | — | — | $632.7M | $553.0M |
| Commercial | — | — | $548.4M | — |
Palantir Technologies Annual Revenue by Year
Palantir Technologies annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.5B |
| 2024 | $2.9B |
| 2023 | $2.2B |
| 2022 | $1.9B |
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 |