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Side-by-side financial comparison of Palantir Technologies (PLTR) and Qfin Holdings, Inc. (QFIN). Click either name above to swap in a different company.

Palantir Technologies is the larger business by last-quarter revenue ($1.4B vs $731.2M, roughly 1.9× Qfin Holdings, Inc.). Palantir Technologies runs the higher net margin — 43.3% vs 27.5%, a 15.7% gap on every dollar of revenue. Over the past eight quarters, Palantir Technologies's revenue compounded faster (48.9% CAGR vs 16.4%).

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.

Qfin Holdings Inc. is a leading China-based fintech enterprise that mainly provides intelligent credit solutions, risk management technology support, and digital financial service tools. It collaborates with licensed financial institutions to serve individual consumers and micro, small and medium-sized enterprises across China, using big data and artificial intelligence to boost financial inclusion and operational efficiency.

PLTR vs QFIN — Head-to-Head

Bigger by revenue
PLTR
PLTR
1.9× larger
PLTR
$1.4B
$731.2M
QFIN
Higher net margin
PLTR
PLTR
15.7% more per $
PLTR
43.3%
27.5%
QFIN
Faster 2-yr revenue CAGR
PLTR
PLTR
Annualised
PLTR
48.9%
16.4%
QFIN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
PLTR
PLTR
QFIN
QFIN
Revenue
$1.4B
$731.2M
Net Profit
$608.7M
$201.2M
Gross Margin
84.6%
Operating Margin
40.9%
32.7%
Net Margin
43.3%
27.5%
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
PLTR
PLTR
QFIN
QFIN
Q4 25
$1.4B
Q3 25
$1.2B
$731.2M
Q2 25
$1.0B
$728.1M
Q1 25
$883.9M
$646.4M
Q4 24
$827.5M
Q3 24
$725.5M
$622.7M
Q2 24
$678.1M
$572.4M
Q1 24
$634.3M
$575.2M
Net Profit
PLTR
PLTR
QFIN
QFIN
Q4 25
$608.7M
Q3 25
$475.6M
$201.2M
Q2 25
$326.7M
$241.6M
Q1 25
$214.0M
$247.6M
Q4 24
$79.0M
Q3 24
$143.5M
$256.3M
Q2 24
$134.1M
$189.4M
Q1 24
$105.5M
$160.7M
Gross Margin
PLTR
PLTR
QFIN
QFIN
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
PLTR
PLTR
QFIN
QFIN
Q4 25
40.9%
Q3 25
33.3%
32.7%
Q2 25
26.8%
41.0%
Q1 25
19.9%
42.1%
Q4 24
1.3%
Q3 24
15.6%
52.4%
Q2 24
15.5%
47.7%
Q1 24
12.8%
32.8%
Net Margin
PLTR
PLTR
QFIN
QFIN
Q4 25
43.3%
Q3 25
40.3%
27.5%
Q2 25
32.6%
33.2%
Q1 25
24.2%
38.3%
Q4 24
9.5%
Q3 24
19.8%
41.2%
Q2 24
19.8%
33.1%
Q1 24
16.6%
27.9%
EPS (diluted)
PLTR
PLTR
QFIN
QFIN
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
PLTR
PLTR
QFIN
QFIN
Cash + ST InvestmentsLiquidity on hand
$7.2B
$6.5B
Total DebtLower is stronger
Stockholders' EquityBook value
$7.4B
$24.3B
Total Assets
$8.9B
$61.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLTR
PLTR
QFIN
QFIN
Q4 25
$7.2B
Q3 25
$6.4B
$6.5B
Q2 25
$6.0B
$5.3B
Q1 25
$5.4B
$8.6B
Q4 24
$5.2B
Q3 24
$4.6B
$4.3B
Q2 24
$4.0B
$6.3B
Q1 24
$3.9B
$5.3B
Stockholders' Equity
PLTR
PLTR
QFIN
QFIN
Q4 25
$7.4B
Q3 25
$6.6B
$24.3B
Q2 25
$5.9B
$24.1B
Q1 25
$5.4B
$23.1B
Q4 24
$5.0B
Q3 24
$4.5B
$22.9B
Q2 24
$4.1B
$22.6B
Q1 24
$3.8B
$22.1B
Total Assets
PLTR
PLTR
QFIN
QFIN
Q4 25
$8.9B
Q3 25
$8.1B
$61.4B
Q2 25
$7.4B
$59.8B
Q1 25
$6.7B
$55.6B
Q4 24
$6.3B
Q3 24
$5.8B
$47.0B
Q2 24
$5.2B
$47.0B
Q1 24
$4.8B
$47.4B

Cash Flow & Capital Efficiency

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

Metric
PLTR
PLTR
QFIN
QFIN
Operating Cash FlowLast quarter
$777.3M
$351.4M
Free Cash FlowOCF − Capex
$764.0M
FCF MarginFCF / Revenue
54.3%
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
1.28×
1.75×
TTM Free Cash FlowTrailing 4 quarters
$2.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLTR
PLTR
QFIN
QFIN
Q4 25
$777.3M
Q3 25
$507.7M
$351.4M
Q2 25
$539.3M
$366.0M
Q1 25
$310.3M
$386.6M
Q4 24
$460.3M
Q3 24
$419.8M
$338.0M
Q2 24
$144.2M
$269.9M
Q1 24
$129.6M
$271.2M
Free Cash Flow
PLTR
PLTR
QFIN
QFIN
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
PLTR
PLTR
QFIN
QFIN
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
PLTR
PLTR
QFIN
QFIN
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
PLTR
PLTR
QFIN
QFIN
Q4 25
1.28×
Q3 25
1.07×
1.75×
Q2 25
1.65×
1.52×
Q1 25
1.45×
1.56×
Q4 24
5.83×
Q3 24
2.92×
1.32×
Q2 24
1.08×
1.43×
Q1 24
1.23×
1.69×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PLTR
PLTR

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

QFIN
QFIN

Segment breakdown not available.

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