PLTR
Palantir Technologies Inc.Stock · TechnologyNasdaq-100 1.2% · Nasdaq Composite 0.8% · S&P 500 0.4% · MSCI World 0.4% · Russell 1000 0.4% · Russell 3000 0.4% · US Stock Market 0.4% · MSCI ACWI 0.3% · S&P 500 Equal Weight 0.2%$167.21+0.81%
as of market close, Sep 11, 2026
☾ AH $167.62 +0.25%
PLTR financial statements
The full income statement, balance sheet, and cash-flow statement for Palantir Technologies Inc. (PLTR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 2.24B2024-09 2.28B2024-12 2.35B2025-03 2.36B2025-06 2.37B2025-09 2.38B2025-12 2.39B2026-03 2.40B2026-06 2.40B+7.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.48B+56.2% | 2.87B+28.8% | 2.23B+16.7% | 1.91B+23.6% | 1.54B+41.1% | |
| 3.69B+60.3% | 2.30B+28.2% | 1.79B+19.8% | 1.50B+24.5% | 1.20B+62.5% | ||
| Cost of revenue | 789M+39.4% | 566M+31.3% | 431M+5.5% | 409M+20.4% | 339M-3.7% | |
| 2.27B+14.2% | 1.99B+18.8% | 1.67B+0.9% | 1.66B+2.8% | 1.61B-15.7% | ||
| Research & development | 558M+9.8% | 508M+25.5% | 405M+12.5% | 360M-7.2% | 387M-30.9% | |
| Selling, general & administrative | 658M+10.8% | 593M+13.2% | 524M-12.1% | 596M-2.5% | 612M-8.7% | |
| General & administrative | 658M+10.8% | 593M+13.2% | 524M-12.1% | 596M-2.5% | 612M-8.7% | |
| Selling & marketing | 1.06B+19.0% | 888M+19.2% | 745M+6.0% | 703M+14.3% | 615M-10.1% | |
| Amortization of intangibles | — | 7.80M-18.8% | 9.60M | 0.00 | — | |
| Operating income | 1.41B+355.5% | 310M+158.7% | 120M+174.4% | -161M+60.8% | -411M+65.0% | |
| Interest expense | — | — | 3.47M-14.5% | 4.06M+11.5% | 3.64M-74.3% | |
| Interest & investment income | 229M+16.5% | 197M+48.4% | 133M+552.8% | 20.3M+1163.8% | 1.61M-65.7% | |
| Other non-operating income | 14.2M+178.6% | -18.0M-16.7% | -15.4M+93.0% | -220M-191.9% | -75.4M-1934.5% | |
| Gain (loss) on equity securities | — | — | — | -159M-116.9% | -73.3M | |
| Pre-tax income | 1.66B+238.8% | 489M+106.3% | 237M+165.7% | -361M+26.1% | -488M+58.6% | |
| Income tax | 22.7M+6.9% | 21.3M+7.8% | 19.7M+95.8% | 10.1M-68.4% | 31.9M+352.3% | |
| 1.63B+251.6% | 462M+120.3% | 210M+156.1% | -374M+28.2% | -520M+55.4% | ||
| Net income to non-controlling interest | 9.61M+67.8% | 5.73M-24.1% | 7.55M+189.2% | 2.61M | 0.00 | |
| Net income to common | — | — | — | -374M+28.2% | -520M+55.4% | |
| $0.63+231.6% | $0.19+111.1% | $0.09+150.0% | -$0.18+33.3% | -$0.27+77.5% | ||
| EPS (basic) | $0.69+228.6% | $0.21+110.0% | $0.10+155.6% | -$0.18+33.3% | -$0.27+77.3% | |
| Weighted-avg shares (basic) | 2.37B+5.3% | 2.25B+4.8% | 2.15B+4.1% | 2.06B+7.3% | 1.92B+96.7% | |
| Weighted-avg shares (diluted) | 2.57B+4.7% | 2.45B+6.7% | 2.30B+11.3% | 2.06B+7.3% | 1.92B+96.4% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 8.36B+40.8% | 5.93B+43.4% | 4.14B+36.1% | 3.04B+6.2% | 2.86B+26.8% | ||
| Cash & equivalents | 1.42B-32.2% | 2.10B+152.5% | 831M-68.0% | 2.60B+13.4% | 2.29B+13.9% | |
| Short-term investments | 5.75B+83.7% | 3.13B+10.1% | 2.84B+7992.0% | 35.1M-85.0% | 234M | |
| Accounts receivable | 1.04B+81.2% | 575M+57.6% | 365M+41.2% | 258M+35.3% | 191M+21.7% | |
| Prepaid expenses | 139M+7.6% | 129M+29.7% | 99.7M-33.4% | 150M+34.9% | 111M+113.7% | |
| 8.90B+40.4% | 6.34B+40.2% | 4.52B+30.7% | 3.46B+6.6% | 3.25B+20.7% | ||
| Property, plant & equipment | 52.0M+31.1% | 39.6M-17.0% | 47.8M-31.0% | 69.2M+121.0% | 31.3M+6.0% | |
| Operating lease right-of-use | 200M-0.3% | 201M+9.8% | 183M-8.7% | 200M-7.7% | 217M-0.1% | |
| Goodwill | — | — | — | 37.9M+1929.9% | 1.87M | |
| Intangible assets | — | 18.1M-30.3% | 25.9M-27.1% | 35.5M+826.5% | 3.84M | |
| Other non-current assets | 290M+74.6% | 166M+8.5% | 153M+2.0% | 150M+55.9% | 96.4M-9.9% | |
| 1.18B+18.0% | 996M+33.5% | 746M+26.9% | 588M-10.9% | 660M+9.3% | ||
| Accounts payable | 8.06M-92.2% | 103M+749.7% | 12.1M-72.9% | 44.8M-40.2% | 74.9M+357.9% | |
| Accrued liabilities | 410M-4.1% | 427M+91.5% | 223M+29.1% | 173M+10.9% | 156M-1.7% | |
| Deferred revenue | 409M+57.5% | 260M+5.2% | 247M+34.7% | 183M-19.5% | 228M+20.2% | |
| Current lease liability | 45.9M+4.3% | 44.0M-18.8% | 54.2M+20.1% | 45.1M+13.0% | 39.9M+37.3% | |
| 1.41B+13.3% | 1.25B+29.6% | 961M+17.4% | 819M-14.4% | 956M-18.1% | ||
| Long-term debt | — | — | — | — | 0.00-100.0% | |
| Deferred revenue (non-current) | 46.2M+15.9% | 39.9M+42.2% | 28.0M+181.5% | 9.96M-75.2% | 40.2M-20.4% | |
| Non-current lease liability | 183M-6.0% | 195M+11.4% | 175M-14.2% | 204M-7.2% | 220M-4.2% | |
| Operating lease liability (total) | 229M-4.1% | 239M+4.3% | 229M-8.0% | 249M-4.1% | 260M+0.5% | |
| Other non-current liabilities | 7.09M-48.2% | 13.7M+27.9% | 10.7M-15.4% | 12.7M+450.9% | 2.30M-46.8% | |
| 7.39B+47.6% | 5.00B+44.0% | 3.48B+35.5% | 2.57B+12.0% | 2.29B+50.5% | ||
| Preferred stock | — | — | — | — | 0.00 | |
| Common stock | 2.39M+2.2% | 2.34M+6.3% | 2.20M+4.8% | 2.10M+3.6% | 2.03M+13.1% | |
| Additional paid-in capital | 10.9B+7.3% | 10.2B+11.7% | 9.12B+8.2% | 8.43B+8.4% | 7.78B+19.9% | |
| Retained earnings | -3.56B+31.3% | -5.19B+8.2% | -5.65B+3.6% | -5.86B-6.8% | -5.49B-10.5% | |
| Accumulated other comprehensive income | 13.9M+348.5% | -5.61M-800.5% | 801K+115.0% | -5.33M-127.0% | -2.35M+14.4% | |
| Non-controlling interest | 101M+10.5% | 91.1M+6.7% | 85.4M+10.8% | 77.1M | 0.00 | |
| Total equity incl. non-controlling | 7.49B+47.0% | 5.09B+43.1% | 3.56B+34.8% | 2.64B+15.3% | 2.29B+50.5% | |
| Total liabilities & equity | 8.90B+40.4% | 6.34B+40.2% | 4.52B+30.7% | 3.46B+6.6% | 3.25B+20.7% | |
| Common shares issued | 2.39B+2.2% | 2.34B+6.3% | 2.20B+4.8% | 2.10B+3.5% | 2.03B+13.1% | |
| Common shares outstanding | 2.39B+2.2% | 2.34B+6.3% | 2.20B+4.8% | 2.10B+3.5% | 2.03B+13.1% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.13B+85.0% | 1.15B+62.0% | 712M+218.3% | 224M-33.0% | 334M+212.6% | ||
| Depreciation & amortization | 26.1M-17.2% | 31.6M-5.3% | 33.4M+48.1% | 22.5M+51.2% | 14.9M+7.4% | |
| Intangible amortization | — | 7.80M-18.8% | 9.60M | 0.00 | — | |
| Share-based compensation | 684M-1.1% | 692M+45.3% | 476M-15.7% | 565M-27.4% | 778M-38.8% | |
| Deferred income taxes | -3.91M-591.5% | -566K+88.2% | -4.81M-2662.1% | -174K-100.4% | 43.3M+312.5% | |
| Change in receivables | 450M+113.3% | 211M+98.9% | 106M+45.8% | 72.8M+106.7% | 35.2M-67.5% | |
| Change in payables | — | -18.8M+40.8% | -31.8M-6.6% | -29.9M-151.7% | 57.8M+266.6% | |
| Other operating activities | 15.6M-76.3% | 66.0M+417.3% | 12.8M+145.3% | -28.2M-1117.4% | 2.77M-35.4% | |
| -2.78B-717.1% | -341M+87.4% | -2.71B-5868.2% | -45.4M+88.6% | -398M-2567.0% | ||
| Capital expenditure | 33.9M+168.2% | 12.6M-16.4% | 15.1M-62.2% | 40.0M+217.0% | 12.6M+3.2% | |
| Free cash flow | 2.10B+84.1% | 1.14B+63.7% | 697M+279.4% | 184M-42.8% | 321M+204.0% | |
| Acquisitions | 0.00 | 0.00 | 0.00+100.0% | -66.7M | 0.00 | |
| Other investing activities | 1.00M | 0.00+100.0% | -51.1M+23.5% | -66.8M-1825.2% | 3.87M+44.2% | |
| -26.9M-105.8% | 463M+111.7% | 219M+154.5% | 86.0M-72.0% | 307M-70.4% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00-100.0% | 86.1M-83.0% | 507M+69.8% | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00-100.0% | |
| Common stock repurchased | 75.0M+16.8% | 64.2M | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 85.0K-80.9% | 444K-26.1% | 601K+746.2% | -93.0K+86.9% | -708K+83.4% | |
| FX effect on cash | 7.48M+210.9% | -6.75M-330.2% | 2.93M+175.4% | -3.88M+0.8% | -3.92M-411.2% | |
| Net change in cash | -669M-152.6% | 1.27B+171.4% | -1.78B-782.4% | 260M+9.1% | 239M-67.1% | |
| Interest paid | — | — | — | 5.00K-99.8% | 2.77M-75.7% | |
| Income taxes paid | 21.7M+34.0% | 16.2M+19.7% | 13.5M+365.4% | 2.90M-29.7% | 4.13M-71.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 426B+140.9% | 177B+373.6% | 37.3B+179.7% | 13.4B-63.8% | 36.9B-12.5% | |
| P/E | 262.2×-31.5% | 382.7×+50.9% | 253.5× | — | — | |
| P/S | 95.2×+54.2% | 61.7×+251.3% | 17.6×+140.9% | 7.3×-69.5% | 23.9×-38.0% | |
| P/B | 57.7×+63.2% | 35.4×+202.0% | 11.7×+109.3% | 5.6×-65.3% | 16.1×-41.9% | |
| P/FCF | 202.9×+30.9% | 155.0×+97.0% | 78.7×+16.4% | 67.6×-41.2% | 114.9× | |
| Earnings yield | 0.38%+45.9% | 0.26%-33.8% | 0.39% | — | — | |
| FCF yield | 0.49%-23.6% | 0.65%-49.2% | 1.3%-14.1% | 1.5%+70.0% | 0.87% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: PLTR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PLTR filings on SEC EDGAR → Not investment advice.