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) Gross margin

Alert me on Gross margin

Palantir Technologies Inc.'s gross margin over the twelve months to 30 September 2026 was 84.7%, up 2.4 percentage points from fiscal 2025 (82.4%). Over the past ten years it has ranged from 67.4% (fiscal 2019) to 82.4% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 57.5% and above the Technology sector median of 46.9%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 82.4% 2.12
FY2024 80.3% (0.37)
FY2023 80.6% 2.06
FY2022 78.6% 0.57
FY2021 78.0% 10.25
FY2020 67.7% 0.38
FY2019 67.4% (4.86)
FY2018 72.2% —

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 83.4% (1.23)
Jun 2026 84.7% (2.12)
Mar 2026 86.8% 2.13
Dec 2025 84.7% 2.20
24 more quarters

Against its own ten years

Low 67.4% High 82.4%
Ten-year median 78.3%
Current reading's percentile 96

Gross margin against peers

Company Gross margin
PLTR Palantir Technologies Inc. 84.7%
FTNT Fortinet, Inc. compare 79.8%
CRWD CrowdStrike compare 75.2%
SNPS Synopsys, Inc. compare 72.4%
NET Cloudflare, Inc. compare 71.9%
PANW Palo Alto Networks, Inc. compare 70.4%
MSFT Microsoft Corporation compare 67.7%
ORCL Oracle Corporation compare 64.0%
XYZ Block, Inc. compare 47.5%
Software Infrastructure industry median 57.5%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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