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) P/S ratio

Alert me on P/S ratio

As of 16 October 2026, Palantir Technologies Inc. (PLTR) trades at a P/S ratio of 72.5×. Over the past ten years it has ranged from 6.8× (December 2022) to 129× (August 2025); the current reading is higher than 83% of that period. That is above the Software Infrastructure industry median of 3.0× and above the Technology sector median of 2.7×.

P/S ratio, daily

Embed this chart

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
Jun 2026 45.5× (32.15%)
Mar 2026 67.0× (28.78%)
Dec 2025 94.1× (15.44%)
Sep 2025 111× 18.77%
23 more quarters

Against its own ten years

Low 6.8× High 129×
Ten-year median 28.6×
Current reading's percentile 83

P/S ratio against peers

Company P/S ratio
ORCL Oracle Corporation compare 5.3×
SNPS Synopsys, Inc. compare 9.2×
MSFT Microsoft Corporation compare 11.8×
FTNT Fortinet, Inc. compare 16.5×
PANW Palo Alto Networks, Inc. compare 22.3×
NBIS Nebius Group N.V. compare 34.2×
NET Cloudflare, Inc. compare 41.6×
CRWD CrowdStrike compare 43.0×
PLTR Palantir Technologies Inc. 72.5×
Software Infrastructure industry median 3.0×
Technology sector median 2.7×
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 →

More on PLTR