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. In the quarter to June 2026, revenue grew 92.8%, EPS grew 214.3% and free cash flow grew 126.0%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for five consecutive years, operating cash flow growth for three.

186.03 14.47 −7.22%
Market cap
$481.8B
P/E
148×
Fwd P/E
100×
Dividend yield
—
F-score
8/9
Altman Z
180.37
Beneish M
−1.99
Dividend safety
n/a

Palantir Technologies Inc. (PLTR) Gross margin

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Palantir Technologies Inc.'s gross margin over the twelve months to 30 June 2026 was 84.8%, 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 61.0% and above the Technology sector median of 47.2%.

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)
Jun 2026 84.7% (2.12)
Mar 2026 86.8% 2.13
Dec 2025 84.7% 2.20
Sep 2025 82.5% 1.67
23 more quarters

Against its own ten years

Low 67.4% High 82.4%
Ten-year median 78.3%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
PLTR Palantir Technologies Inc. 84.8%
FTNT Fortinet, Inc. compare 80.2%
CRWD CrowdStrike compare 75.2%
NBIS Nebius Group N.V. compare 74.3%
NET Cloudflare, Inc. compare 72.6%
SNPS Synopsys, Inc. compare 72.4%
PANW Palo Alto Networks, Inc. compare 70.4%
MSFT Microsoft Corporation compare 67.9%
ORCL Oracle Corporation compare 64.0%
Software Infrastructure industry median 61.0%
Technology sector median 47.2%
Market median 46.2%

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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