Palantir Technologies Inc.

PLTR Technology Software Infrastructure

Palantir Technologies Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.5 billion, up 56.2% from fiscal 2024.

Revenue
+95.9%
EPS
+135.8%
Free cash flow
+138.9%

Quarter to September 2026, against a year earlier

155.59 16.11 −9.38%
Market cap
$373.5B
P/E
102×
Fwd P/E
118×
Dividend yield
—
F-score
8/9
Altman Z
180.37
Beneish M
−1.99
Dividend safety
n/a

Palantir Technologies Inc. (PLTR) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Palantir Technologies Inc. (PLTR) trades at a EV/EBITDA of 108×. Over the past ten years it has ranged from 0.0× (September 2023) to 805× (February 2025); the current reading is higher than 50% of that period. That is above the Software Infrastructure industry median of 14.5× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 288× (40.44%)
FY2024 483× 130.44%
FY2023 210× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —
FY2018 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 131× 28.84%
Jun 2026 102× (40.05%)
Mar 2026 170× (41.02%)
Dec 2025 288× (41.06%)
24 more quarters

Against its own ten years

Low 0.0× High 805×
Ten-year median 111×
Current reading's percentile 50

EV/EBITDA against peers

Company EV/EBITDA
NET Cloudflare, Inc. compare n/m
ORCL Oracle Corporation compare 12.5×
MSFT Microsoft Corporation compare 19.3×
FTNT Fortinet, Inc. compare 27.6×
SNPS Synopsys, Inc. compare 33.4×
PLTR Palantir Technologies Inc. 108×
PANW Palo Alto Networks, Inc. compare 109×
XYZ Block, Inc. compare 136×
CRWD CrowdStrike compare 337×
Software Infrastructure industry median 14.5×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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