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) Operating margin

Alert me on Operating margin

Palantir Technologies Inc.'s operating margin over the twelve months to 30 September 2026 was 45.6%, up 14.0 percentage points from fiscal 2025 (31.6%). Over the past ten years it has ranged from −107.4% (fiscal 2020) to 31.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 31.6% 20.76
FY2024 10.8% 5.44
FY2023 5.39% 13.85
FY2022 −8.46% 18.20
FY2021 −26.7% 80.75
FY2020 −107.4% (29.78)
FY2019 −77.6% 27.08
FY2018 −104.7% —

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 46.9% (0.23)
Jun 2026 47.1% 0.94
Mar 2026 46.2% 5.28
Dec 2025 40.9% 7.60
24 more quarters

Against its own ten years

Low −107.4% High 31.6%
Ten-year median −17.6%
Current reading's percentile 100

Operating margin against peers

Company Operating margin
MSFT Microsoft Corporation compare 47.1%
PLTR Palantir Technologies Inc. 45.6%
FTNT Fortinet, Inc. compare 33.0%
ORCL Oracle Corporation compare 32.1%
SNPS Synopsys, Inc. compare 8.52%
PANW Palo Alto Networks, Inc. compare 6.05%
XYZ Block, Inc. compare 4.64%
CRWD CrowdStrike compare −2.46%
NET Cloudflare, Inc. compare −14.1%
Software Infrastructure industry median 0.00%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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