Palantir Technologies Financial Statements
NASDAQ: PLTRTechnologySoftware - InfrastructureUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Palantir Technologies revenue and earnings
In fiscal 2025, Palantir Technologies generated $4.48 billion in revenue, up 56.2% from fiscal 2024, its 7th consecutive year of revenue growth. Net income was $1.63 billion (+251.6% year over year), for a net margin of 36.3% versus a median of -19.6% in the prior 5 years. Gross margin was 82.4% (up from 80.2%) and operating margin 31.6%.
Diluted earnings per share came in at $0.63, up from $0.19. Over the last 5 fiscal years, PLTR's revenue has grown at a 32.6% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Palantir Technologies income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4.48B | 2.87B | 2.23B | 1.91B | 1.54B | 1.09B | 742.55M | 595.41M |
| Revenue growth (YoY) | +56.18% | +28.79% | +16.75% | +23.61% | +41.11% | +47.15% | +24.71% | — |
| Cost of Revenue | 789.18M | 565.99M | 431.11M | 408.55M | 339.40M | 352.55M | 242.37M | 165.40M |
| Gross Profit | 3.69B | 2.30B | 1.79B | 1.50B | 1.20B | 740.13M | 500.18M | 430.01M |
| Operating Expenses | 2.27B | 1.99B | 1.67B | 1.66B | 1.61B | 1.91B | 1.08B | 1.05B |
| Research & Development | 557.68M | 507.88M | 404.62M | 359.68M | 387.49M | 560.66M | 305.56M | 285.45M |
| Selling, General & Admin | 1.71B | 1.48B | 1.27B | 1.30B | 1.23B | 1.35B | 771.06M | 768.00M |
| Operating Income | 1.41B | 310.40M | 119.97M | -161.20M | -411.05M | -1.17B | -576.44M | -623.44M |
| Interest Expense | — | — | 3.47M | 4.06M | 3.64M | 14.14M | 3.06M | 3.44M |
| Other Income (Expense) | 14.17M | -18.02M | -15.45M | -220.13M | -75.42M | 4.11M | -2.86M | -2.64M |
| Pretax Income | 1.66B | 489.17M | 237.09M | -361.03M | -488.49M | -1.18B | -567.27M | -570.92M |
| Income Tax | 22.72M | 21.25M | 19.72M | 10.07M | 31.89M | -12.64M | 12.38M | 9.10M |
| Net Income | 1.63B | 462.19M | 209.82M | -373.70M | -520.38M | -1.17B | -579.65M | -580.03M |
| Net Income growth (YoY) | +251.59% | +120.27% | — | — | — | — | — | — |
| EPS (Basic) | 0.69 | 0.21 | 0.10 | -0.18 | -0.27 | -1.19 | -1.02 | -1.11 |
| EPS (Diluted) | 0.63 | 0.19 | 0.09 | -0.18 | -0.27 | -1.20 | -1.02 | -1.17 |
| Shares Outstanding (Basic) | 2.37B | 2.25B | 2.15B | 2.06B | 1.92B | 977.72M | 576.96M | 537.28M |
| Shares Outstanding (Diluted) | 2.57B | 2.45B | 2.30B | 2.06B | 1.92B | 979.33M | 576.96M | 544.01M |
| EBITDA | 1.44B | 341.99M | 153.32M | -138.68M | -396.15M | -1.16B | -564.19M | -609.53M |
| Gross Margin | 82.37% | 80.25% | 80.62% | 78.56% | 77.99% | 67.74% | 67.36% | 72.22% |
| Operating Margin | 31.59% | 10.83% | 5.39% | -8.46% | -26.66% | -107.41% | -77.63% | -104.71% |
| Net Margin | 36.31% | 16.13% | 9.43% | -19.61% | -33.75% | -106.75% | -78.06% | -97.42% |
This table shows 8 annual periods of Palantir Technologies's income statement, from FY 2025 back to FY 2018, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow PLTR's reporting calendar. What is a income statement?