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

161.97 6.98 +4.50%
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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Palantir Technologies Inc. (PLTR) trades at a P/S ratio of 51.4×. Over the past ten years it has ranged from 6.8× (December 2022) to 129× (August 2025); the current reading is higher than 68% of that period. That is above the Software Infrastructure industry median of 2.8× and above the Technology sector median of 2.6×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 94.1× 58.47%
FY2024 59.4× 271.14%
FY2023 16.0× 131.26%
FY2022 6.9× (69.54%)
FY2021 22.7× (40.23%)
FY2020 38.0× 341.83%
FY2019 8.6× 0.00%
FY2018 8.6× —

Quarterly newest first

Period P/S ratio Change
Sep 2026 61.7× 35.75%
Jun 2026 45.5× (32.15%)
Mar 2026 67.0× (28.78%)
Dec 2025 94.1× (15.44%)
24 more quarters

Against its own ten years

Low 6.8× High 129×
Ten-year median 29.3×
Current reading's percentile 68

P/S ratio against peers

Company P/S ratio
XYZ Block, Inc. compare 2.0×
ORCL Oracle Corporation compare 4.8×
SNPS Synopsys, Inc. compare 9.0×
FTNT Fortinet, Inc. compare 11.4×
MSFT Microsoft Corporation compare 11.5×
PANW Palo Alto Networks, Inc. compare 20.6×
NET Cloudflare, Inc. compare 32.0×
CRWD CrowdStrike compare 41.1×
PLTR Palantir Technologies Inc. 51.4×
Software Infrastructure industry median 2.8×
Technology sector median 2.6×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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