Palantir Technologies Quarterly Income Statement
NASDAQ: PLTRTechnologyComputer Software: Prepackaged SoftwareUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Palantir Technologies revenue and earnings
In the quarter ended Jun 30, 2026, Palantir Technologies generated $1.94 billion in revenue, up 92.8% from the same quarter a year earlier. Net income was $1.06 billion (+225.0% year over year), for a net margin of 54.9% versus a median of 40.3% in the prior 5 quarters. Gross margin was 84.7% (up from 80.8%) and operating margin 47.1%.
Diluted earnings per share came in at $0.41, up from $0.13.
Summary generated from market data by MetaCap's automated system. Methodology
Palantir Technologies income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.94B | 1.63B | 1.41B | 1.18B | 1.00B | 883.86M | 827.52M | 725.52M | 678.13M | 634.34M | 608.35M | 558.16M |
| Revenue growth (YoY) | +92.83% | +84.71% | +70.00% | +62.79% | +48.01% | +39.34% | +36.03% | +29.98% | +27.15% | +20.78% | +19.61% | +16.80% |
| Cost of Revenue | 296.87M | 215.80M | 215.97M | 207.31M | 192.93M | 172.97M | 174.53M | 146.64M | 128.56M | 116.26M | 108.64M | 107.92M |
| Gross Profit | 1.64B | 1.42B | 1.19B | 973.78M | 810.76M | 710.88M | 652.99M | 578.88M | 549.57M | 518.08M | 499.71M | 450.24M |
| Operating Expenses | 726.59M | 662.79M | 615.44M | 580.53M | 541.45M | 534.84M | 641.94M | 465.74M | 444.23M | 437.20M | 433.92M | 410.25M |
| Research & Development | 192.51M | 160.98M | 143.55M | 144.19M | 135.04M | 134.89M | 171.50M | 117.56M | 108.78M | 110.04M | 109.28M | 105.71M |
| Selling, General & Admin | 534.08M | 501.81M | 471.89M | 436.34M | 406.40M | 399.95M | 470.44M | 348.18M | 335.45M | 327.16M | 324.63M | 304.55M |
| Operating Income | 912.00M | 754.00M | 575.39M | 393.26M | 269.32M | 176.05M | 11.04M | 113.14M | 105.34M | 80.88M | 65.79M | 39.98M |
| Interest Expense | — | — | — | — | — | — | — | — | — | — | 136.00K | 742.00K |
| Other Income (Expense) | 91.84M | 68.21M | -16.73M | 27.48M | 6.60M | -3.17M | 14.77M | -8.11M | -11.17M | -13.51M | -4.09M | 3.12M |
| Pretax Income | 1.08B | 888.60M | 621.38M | 480.50M | 332.17M | 223.32M | 80.54M | 157.15M | 140.76M | 110.73M | 106.25M | 79.97M |
| Income Tax | 15.38M | 12.20M | 9.78M | 3.75M | 3.60M | 5.60M | 3.60M | 7.81M | 5.19M | 4.66M | 9.33M | 6.53M |
| Net Income | 1.06B | 870.53M | 608.68M | 475.60M | 326.73M | 214.03M | 79.01M | 143.53M | 134.13M | 105.53M | 93.39M | 71.50M |
| Net Income growth (YoY) | +225.01% | +306.73% | +670.39% | +231.37% | +143.60% | +102.82% | -15.40% | +100.72% | +376.86% | +528.08% | +202.45% | — |
| EPS (Basic) | 0.44 | 0.36 | 0.26 | 0.20 | 0.14 | 0.09 | 0.04 | 0.06 | 0.06 | 0.05 | 0.05 | 0.03 |
| EPS (Diluted) | 0.41 | 0.34 | 0.24 | 0.18 | 0.13 | 0.08 | 0.03 | 0.06 | 0.06 | 0.04 | 0.04 | 0.03 |
| Shares Outstanding (Basic) | 2.40B | 2.39B | — | 2.38B | 2.37B | 2.35B | — | 2.25B | 2.23B | 2.21B | — | 2.16B |
| Shares Outstanding (Diluted) | 2.57B | 2.57B | — | 2.57B | 2.56B | 2.55B | — | 2.46B | 2.41B | 2.40B | — | 2.33B |
| EBITDA | 920.22M | 760.76M | 582.41M | 399.23M | 275.85M | 182.67M | 18.05M | 121.23M | 113.39M | 89.32M | 73.77M | 48.65M |
| Gross Margin | 84.66% | 86.78% | 84.65% | 82.45% | 80.78% | 80.43% | 78.91% | 79.79% | 81.04% | 81.67% | 82.14% | 80.66% |
| Operating Margin | 47.12% | 46.18% | 40.90% | 33.30% | 26.83% | 19.92% | 133.00% | 15.59% | 15.53% | 12.75% | 10.82% | 7.16% |
| Net Margin | 54.86% | 53.32% | 43.27% | 40.27% | 32.55% | 24.22% | 9.55% | 19.78% | 19.78% | 16.64% | 15.35% | 12.81% |
This table shows 12 quarterly periods of Palantir Technologies's income statement, from Q2 2026 back to Q3 2023, 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?