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PLTR

Palantir Technologies Inc.

Stock

$187.48−2.19 (−1.15%)Close Sep 28, 2026

Income statement

LineTTM20252024202320222021202020192018
Revenue$6.2B$4.5B$2.9B$2.2B$1.9B$1.5B$1.1B$743M$595M
Cost of revenue$936M$789M$566M$431M$409M$339M$353M$242M$165M
Gross profit$5.2B$3.7B$2.3B$1.8B$1.5B$1.2B$740M$500M$430M
R&D$641M$558M$508M$405M$360M$387M$561M$306M$285M
SG&A$1.9B$1.7B$1.5B$1.3B$1.3B$1.2B$1.4B$771M$768M
Operating income$2.6B$1.4B$310M$120M−$161M−$411M−$1.2B−$576M−$623M
Non-operating income$437M$243M$179M$117M−$200M−$77M−$5.3M$9.2M$53M
Pretax income$3.1B$1.7B$489M$237M−$361M−$488M−$1.2B−$567M−$571M
Taxes$55M$32M$27M$27M$13M$32M−$13M$12M$9.1M
Net income$3.0B$1.6B$462M$210M−$374M−$520M−$1.2B−$580M−$580M
Diluted EPS$1.17$0.63$0.19$0.09−$0.18−$0.27−$1.20−$1.02−$1.17
Diluted shares—2.57B2.45B2.30B2.06B1.92B979.3M577.0M544.0M
Revenue growth—+56.2%+28.8%+16.7%+23.6%+41.1%+47.2%+24.7%—
Gross margin84.8%82.4%80.2%80.6%78.6%78.0%67.7%67.4%72.2%
Operating margin42.8%31.6%10.8%5.4%−8.5%−26.7%−107.4%−77.6%−104.7%
Net margin49.0%36.3%16.1%9.4%−19.6%−33.7%−106.7%−78.1%−97.4%

Cost of revenue, other operating expenses, non-operating income and taxes are the differences between the lines reported around them.

Revenue to net income

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