Wednesday 28 October 2026 Export PLTR’s income statement to Excel — free account

Palantir Technologies Inc.

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.

199.03 0.19 +0.10%

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Market cap: $477.6B
P/E: 158×
Fwd P/E: 127×
Dividend yield: —
F-score: 8/9
Altman Z: 180.37
Beneish M: −1.99
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Filings

Palantir Technologies Inc. (PLTR) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
Government	2,402	53.68%
Commercial	2,073	46.32%
Gross margin		82.37%
Operating margin		31.59%
Pre-tax margin		37.03%

Revenue by segment $m

Line	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2018
Government	2,402 53.68%	1,570 54.78%	1,222 54.93%	1,072 56.24%	897 58.20%	610 55.84%	255 42.85%
Commercial	2,073 46.32%	1,296 45.22%	1,003 45.07%	834 43.76%	645 41.80%	482 44.16%	340 57.15%
Revenue	4,475	2,866	2,225	1,906	1,542	1,093	595

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
Closed deals of at least $5 million	Q2 FY2026	98.00	66.00	+48.48%
Closed deals over $10 million	Q2 FY2026	73.00	42.00	+73.81%
Closed deals over $1 million	Q2 FY2026	220.00	157.00	+40.13%
Customer count growth quarter-over-quarter	Q4 FY2025	5.00%	13.0%	—
Customer count growth year-over-year	Q4 FY2025	34.0%	43.0%	—
Remaining performance obligations	Q2 FY2026	$4.9B	$2.4B	+104.17%
Total contract value	Q2 FY2026	$3.4B	$2.3B	+48.59%
U.S. commercial remaining deal value	Q2 FY2026	$6.2B	$2.8B	+123.58%
US commercial total contract value	Q2 FY2026	$2.1B	$843.0M	+152.91%

	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024	Q3 FY2024	Q2 FY2024	Q1 FY2024	Q4 FY2023	Q3 FY2023	Q2 FY2023	Q1 FY2023	Q4 FY2022	Q3 FY2022	Q2 FY2022	Q1 FY2022	Q4 FY2021	Q3 FY2021	Q2 FY2021	Q1 FY2021	Q4 FY2020	Q3 FY2020
Closed deals of at least $5 million	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Closed deals over $10 million	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Closed deals over $1 million	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Customer count growth quarter-over-quarter	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Customer count growth year-over-year	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Remaining performance obligations	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Total contract value	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
U.S. commercial remaining deal value	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
US commercial total contract value	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.