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Palantir Technologies Inc.
PLTR · NasdaqGS
trade.xyz perp price (HIP-3, Hyperliquid), not the security's own quote. Updated 2026-08-18 09:05:02 UTC.
Key figures
Profile
| Sector | Technology |
| Country | United States |
| Employees | 4,401 |
Leadership
- Dr. Alexander C. Karp J.D. — Co-Founder, CEO & Director
- Mr. Stephen Andrew Cohen — Co-Founder, President, Secretary & Director
- Mr. David A. Glazer J.D. — CFO & Treasurer
- Mr. Shyam Sankar — CTO & Executive VP
- Mr. Ryan D. Taylor J.D. — Chief Revenue Officer & Chief Legal Officer
Description
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also offers Palantir Foundry, a platform that helps organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric, aerial, and land-based ISR missions. The company has a strategic collaboration with NVIDIA to deliver an intelligent engine for running NVIDIA AI and Nemotron open models in sovereign environments. The company was incorporated in 2003 and is headquartered in Aventura, Florida.
Issuer profile: yahoo finance (yfinance). Board price: TradFi screener. Market cap, P/E and the 52-week range: stockanalysis.com, re-read daily.
Issuer financials
What the company reports, next to what the desk trades. Statements come from Yahoo Finance and are printed in the currency the issuer reports in.
Statements are in USD, the currency this issuer reports in. The perp price at the top of this page is a USDC quote on trade.xyz: the same unit, a different thing.
From revenue to profit
The income statement for the latest quarterly period, ending 2026-06-30. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2026-06-30 | $1.9B | $296.9M | $1.6B | $192.5M | $534.1M | $912.0M | $1.1B |
| 2026-03-31 | $1.6B | $215.8M | $1.4B | $161.0M | $501.8M | $754.0M | $870.5M |
| 2025-12-31 | $1.4B | $216.0M | $1.2B | $143.6M | $471.9M | $575.4M | $608.7M |
| 2025-09-30 | $1.2B | $207.3M | $973.8M | $144.2M | $436.3M | $393.3M | $475.6M |
| 2025-06-30 | $1.0B | $192.9M | $810.8M | $135.0M | $406.4M | $269.3M | $326.7M |
The income statement for the latest annual period, ending 2025-12-31. This is not a split by product or by region: the source publishes no segment or geography breakdown, and neither does this page.
| Period ending | Revenue | Cost of revenue | Gross profit | R&D | Selling and admin | Operating income | Net income |
|---|---|---|---|---|---|---|---|
| 2025-12-31 | $4.5B | $789.2M | $3.7B | $557.7M | $1.7B | $1.4B | $1.6B |
| 2024-12-31 | $2.9B | $566.0M | $2.3B | $507.9M | $1.5B | $310.4M | $462.2M |
| 2023-12-31 | $2.2B | $431.1M | $1.8B | $404.6M | $1.3B | $120.0M | $209.8M |
| 2022-12-31 | $1.9B | $408.5M | $1.5B | $359.7M | $1.3B | −$161.2M | −$373.7M |
Balance sheet
Assets, liabilities and equity at the end of each period. Click a name in the legend to drop that line.
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2026-06-30 | $11.7B | $1.8B | $9.9B |
| 2026-03-31 | $10.2B | $1.6B | $8.6B |
| 2025-12-31 | $8.9B | $1.4B | $7.5B |
| 2025-09-30 | $8.1B | $1.4B | $6.7B |
| 2025-06-30 | $7.4B | $1.3B | $6.0B |
| Period ending | Assets | Liabilities | Equity |
|---|---|---|---|
| 2025-12-31 | $8.9B | $1.4B | $7.5B |
| 2024-12-31 | $6.3B | $1.2B | $5.1B |
| 2023-12-31 | $4.5B | $961.5M | $3.6B |
| 2022-12-31 | $3.5B | $818.8M | $2.6B |
Cash flow
Cash the business produced and where it went. Capital spending is negative because it leaves.
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2026-06-30 | $1.2B | $1.2B | −$14.6M | −$261.8M |
| 2026-03-31 | $899.2M | $891.8M | −$7.4M | $875.8M |
| 2025-12-31 | $777.3M | $764.0M | −$13.3M | −$191.4M |
| 2025-09-30 | $507.7M | $500.9M | −$6.8M | $695.7M |
| 2025-06-30 | $539.3M | $531.6M | −$7.6M | −$71.3M |
| Period ending | Operating | Free | Capital spending | Net change in cash |
|---|---|---|---|---|
| 2025-12-31 | $2.1B | $2.1B | −$33.9M | −$676.0M |
| 2024-12-31 | $1.2B | $1.1B | −$12.6M | $1.3B |
| 2023-12-31 | $712.2M | $697.1M | −$15.1M | −$1.8B |
| 2022-12-31 | $223.7M | $183.7M | −$40.0M | $264.3M |
Margins
Margin per period is computed here from two published lines: gross profit over revenue, operating income over revenue, net income over revenue. The source publishes only trailing twelve-month ratios, which are in the table below. A period with no revenue gets no point.
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2026-06-30 | 84.7% | 47.1% | 54.9% |
| 2026-03-31 | 86.8% | 46.2% | 53.3% |
| 2025-12-31 | 84.6% | 40.9% | 43.3% |
| 2025-09-30 | 82.4% | 33.3% | 40.3% |
| 2025-06-30 | 80.8% | 26.8% | 32.6% |
| Period ending | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2025-12-31 | 82.4% | 31.6% | 36.3% |
| 2024-12-31 | 80.2% | 10.8% | 16.1% |
| 2023-12-31 | 80.6% | 5.4% | 9.4% |
| 2022-12-31 | 78.6% | −8.5% | −19.6% |
Trailing ratios
Trailing twelve months, as the source states them. Not per period and not comparable with the chart above.
| Measure | Value |
|---|---|
| Gross margin | 84.80% |
| Operating margin | 47.12% |
| EBITDA margin | 43.25% |
| Net margin | 49.01% |
| Return on assets | 17.29% |
| Return on equity | 38.10% |
| Revenue growth | 92.80% |
| Earnings growth | 215.40% |
| Debt to equity | 2.14% |
| Current ratio | 7.23 |
| Quick ratio | 7.09 |
| Cash | $9.4B |
| Debt | $211.4M |
| Revenue | $6.2B |
| EBITDA | $2.7B |
| Operating cash flow | $3.4B |
| Free cash flow | $2.2B |
Analyst recommendations
Counts as the source publishes them, for the month shown. Ratings are the analysts' own, not the desk's, and the desk does not weight them.
Average score is the source's own scale: 1 is strong buy, 5 is strong sell.
| Month | Strong buy | Buy | Hold | Sell | Strong sell | Total |
|---|---|---|---|---|---|---|
| this month | 1 | 20 | 9 | 1 | 1 | 32 |
| 1 month ago | 1 | 19 | 10 | 1 | 1 | 32 |
| 2 months ago | 2 | 18 | 10 | 1 | 1 | 32 |
| 3 months ago | 1 | 18 | 10 | 1 | 1 | 31 |
Analyst price targets
Where the analysts polled above see the price of the security going. Their numbers, not the desk's, and the desk neither weights them nor trades them.
| Measure | As published |
|---|---|
| Average | $191.68 |
| Median | $204.00 |
| Lowest | $80.00 |
| Highest | $255.00 |
Targets are in USD, the currency the security is quoted in. That is the source's own answer, not a guess from the ticker's country: the price the source prints beside the targets matches the quote, and that is what fixes their base. Targets and the perp price are both in dollars, so there is nothing to convert.
Next earnings
| Measure | Value |
|---|---|
| Date | 2026-11-02 |
| EPS estimate | $0.41 |
| EPS range | $0.38 … $0.48 |
| Revenue estimate | $2.2B |
The date is the source's estimate, not a date the company confirmed. Date read from yahoo finance (cli). The two transports disagree by a day on purpose: one answers in exchange-local time, the other in UTC, so the date and its flag always travel together from the same answer.
Statements read 2026-08-13. Source: yahoo finance (yfinance).