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Side-by-side financial comparison of Brookfield Asset Management Ltd. (BAM) and Palantir Technologies (PLTR). Click either name above to swap in a different company.

Palantir Technologies is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.3× Brookfield Asset Management Ltd.). Brookfield Asset Management Ltd. runs the higher net margin — 56.7% vs 43.3%, a 13.4% gap on every dollar of revenue.

Brookfield Asset Management Ltd. is a Canadian-American alternative asset manager. The company was founded in December 2022 as a spin-off of the asset management operations of Brookfield Corporation, and manages investments across real estate, infrastructure, renewable energy, private equity, and credit markets globally.

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.

BAM vs PLTR — Head-to-Head

Bigger by revenue
PLTR
PLTR
1.3× larger
PLTR
$1.4B
$1.1B
BAM
Higher net margin
BAM
BAM
13.4% more per $
BAM
56.7%
43.3%
PLTR

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BAM
BAM
PLTR
PLTR
Revenue
$1.1B
$1.4B
Net Profit
$615.0M
$608.7M
Gross Margin
84.6%
Operating Margin
84.2%
40.9%
Net Margin
56.7%
43.3%
Revenue YoY
70.0%
Net Profit YoY
670.4%
EPS (diluted)
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BAM
BAM
PLTR
PLTR
Q4 25
$1.1B
$1.4B
Q3 25
$974.0M
$1.2B
Q2 25
$931.0M
$1.0B
Q1 25
$954.0M
$883.9M
Q4 24
$827.5M
Q3 24
$873.0M
$725.5M
Q2 24
$821.0M
$678.1M
Q1 24
$786.0M
$634.3M
Net Profit
BAM
BAM
PLTR
PLTR
Q4 25
$615.0M
$608.7M
Q3 25
$692.0M
$475.6M
Q2 25
$584.0M
$326.7M
Q1 25
$507.0M
$214.0M
Q4 24
$79.0M
Q3 24
$537.0M
$143.5M
Q2 24
$124.0M
$134.1M
Q1 24
$373.0M
$105.5M
Gross Margin
BAM
BAM
PLTR
PLTR
Q4 25
84.6%
Q3 25
82.4%
Q2 25
80.8%
Q1 25
80.4%
Q4 24
78.9%
Q3 24
79.8%
Q2 24
81.0%
Q1 24
81.7%
Operating Margin
BAM
BAM
PLTR
PLTR
Q4 25
84.2%
40.9%
Q3 25
79.1%
33.3%
Q2 25
70.8%
26.8%
Q1 25
61.0%
19.9%
Q4 24
1.3%
Q3 24
72.5%
15.6%
Q2 24
80.4%
15.5%
Q1 24
56.5%
12.8%
Net Margin
BAM
BAM
PLTR
PLTR
Q4 25
56.7%
43.3%
Q3 25
71.0%
40.3%
Q2 25
62.7%
32.6%
Q1 25
53.1%
24.2%
Q4 24
9.5%
Q3 24
61.5%
19.8%
Q2 24
15.1%
19.8%
Q1 24
47.5%
16.6%
EPS (diluted)
BAM
BAM
PLTR
PLTR
Q4 25
$0.24
Q3 25
$0.18
Q2 25
$0.13
Q1 25
$0.08
Q4 24
$0.03
Q3 24
$0.06
Q2 24
$0.06
Q1 24
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BAM
BAM
PLTR
PLTR
Cash + ST InvestmentsLiquidity on hand
$1.6B
$7.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$8.9B
$7.4B
Total Assets
$17.0B
$8.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BAM
BAM
PLTR
PLTR
Q4 25
$1.6B
$7.2B
Q3 25
$1.1B
$6.4B
Q2 25
$480.0M
$6.0B
Q1 25
$332.0M
$5.4B
Q4 24
$5.2B
Q3 24
$4.6B
Q2 24
$10.0M
$4.0B
Q1 24
$3.9B
Stockholders' Equity
BAM
BAM
PLTR
PLTR
Q4 25
$8.9B
$7.4B
Q3 25
$8.5B
$6.6B
Q2 25
$8.5B
$5.9B
Q1 25
$8.5B
$5.4B
Q4 24
$5.0B
Q3 24
$9.0B
$4.5B
Q2 24
$3.2B
$4.1B
Q1 24
$2.2B
$3.8B
Total Assets
BAM
BAM
PLTR
PLTR
Q4 25
$17.0B
$8.9B
Q3 25
$16.5B
$8.1B
Q2 25
$16.1B
$7.4B
Q1 25
$15.0B
$6.7B
Q4 24
$6.3B
Q3 24
$5.8B
Q2 24
$4.2B
$5.2B
Q1 24
$4.8B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BAM
BAM
PLTR
PLTR
Operating Cash FlowLast quarter
$562.0M
$777.3M
Free Cash FlowOCF − Capex
$764.0M
FCF MarginFCF / Revenue
54.3%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
0.91×
1.28×
TTM Free Cash FlowTrailing 4 quarters
$2.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BAM
BAM
PLTR
PLTR
Q4 25
$562.0M
$777.3M
Q3 25
$745.0M
$507.7M
Q2 25
$529.0M
$539.3M
Q1 25
$265.0M
$310.3M
Q4 24
$460.3M
Q3 24
$567.0M
$419.8M
Q2 24
$159.0M
$144.2M
Q1 24
$516.0M
$129.6M
Free Cash Flow
BAM
BAM
PLTR
PLTR
Q4 25
$764.0M
Q3 25
$500.9M
Q2 25
$531.6M
Q1 25
$304.1M
Q4 24
$457.2M
Q3 24
$415.8M
Q2 24
$141.3M
Q1 24
$126.9M
FCF Margin
BAM
BAM
PLTR
PLTR
Q4 25
54.3%
Q3 25
42.4%
Q2 25
53.0%
Q1 25
34.4%
Q4 24
55.3%
Q3 24
57.3%
Q2 24
20.8%
Q1 24
20.0%
Capex Intensity
BAM
BAM
PLTR
PLTR
Q4 25
0.9%
Q3 25
0.6%
Q2 25
0.8%
Q1 25
0.7%
Q4 24
0.4%
Q3 24
0.5%
Q2 24
0.4%
Q1 24
0.4%
Cash Conversion
BAM
BAM
PLTR
PLTR
Q4 25
0.91×
1.28×
Q3 25
1.08×
1.07×
Q2 25
0.91×
1.65×
Q1 25
0.52×
1.45×
Q4 24
5.83×
Q3 24
1.06×
2.92×
Q2 24
1.28×
1.08×
Q1 24
1.38×
1.23×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BAM
BAM

Incentive Fees$452.0M42%
Infrastruture$332.0M31%
Private Equity$174.0M16%
Renewable Power And Transition$66.0M6%
Other$47.0M4%
Management And Advisory Fees$14.0M1%

PLTR
PLTR

Geographic Concentration Risk$1.1B77%
Other$330.4M23%

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