Palantir Technologies Inc. (PLTR) balance sheet
NASDAQ · Technology · Software - Infrastructure · 4,401 employees · CEO Alexander C. Karp
- Price
- $184.11 -6.27%
- Market cap
- $424B
- Enterprise value
- $422B
- Last report
- Q2 '26 filed 2026-08-04
- Next report
- 2026-11-02 EPS est. $0.41
At the end of Q2 '26 Palantir Technologies Inc. (PLTR) held $9.41B in cash and short-term investments against $211M of debt incl. leases. Total assets $11.7B, total liabilities $1.79B, shareholders' equity $9.77B.
Balance sheet
| Balance sheet | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||||||
| Cash & equivalents | $1.04B | $831M | $520M | $513M | $769M | $2.1B | $993M | $930M | $1.62B | $1.42B | $2.29B | $2.03B | |
| Short-term investments | $2.24B | $2.84B | $3.35B | $3.49B | $3.8B | $3.13B | $4.44B | $5.07B | $4.82B | $5.75B | $5.73B | $7.38B | |
| Receivables | $430M | $365M | $487M | $659M | $668M | $575M | $725M | $747M | $1.01B | $1.04B | $1.41B | $1.49B | |
| Other current assets | $95.6M | $99.7M | $81.2M | $116M | $119M | $129M | $127M | $142M | $142M | $139M | $120M | $205M | |
| Current assets | $3.81B | $4.14B | $4.44B | $4.77B | $5.35B | $5.93B | $6.28B | $6.89B | $7.59B | $8.36B | $9.55B | $11.1B | |
| Property, plant & equipment (net) | $240M | $231M | $221M | $257M | $252M | $240M | $249M | $247M | $250M | $252M | $55.7M | $292M | |
| Intangible assets | $0 | $0 | $0 | $0 | $19.5M | $18.1M | $0 | $0 | $14.6M | $0 | $0 | $0 | |
| Other non-current assets | $144M | $153M | $150M | $161M | $145M | $148M | $205M | $228M | $263M | $290M | $592M | $287M | |
| Non-current assets | $384M | $384M | $371M | $418M | $416M | $407M | $454M | $475M | $528M | $542M | $647M | $579M | |
| Total assets | $4.19B | $4.52B | $4.81B | $5.19B | $5.77B | $6.34B | $6.74B | $7.37B | $8.11B | $8.9B | $10.2B | $11.7B | |
| Liabilities | |||||||||||||
| Accounts payable | $9.48M | $12.1M | $35.6M | $67.3M | $27M | $103K | $2.33M | $10.8M | $67.5M | $8.06M | $69.3M | $3.1M | |
| Accrued expenses | $138M | $176M | $172M | $155M | $233M | $385M | $371M | $394M | $382M | $356M | $337M | $144M | |
| Taxes payable | $36.5M | $47.3M | $34M | $40.4M | $32M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Deferred revenue | $452M | $457M | $455M | $500M | $604M | $525M | $550M | $640M | $685M | $766M | $887M | $1.03B | |
| Other current liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $252M | |
| Current liabilities | $689M | $746M | $751M | $807M | $943M | $996M | $967M | $1.09B | $1.18B | $1.18B | $1.38B | $1.54B | |
| Lease obligations (non-current) | $184M | $175M | $163M | $214M | $207M | $195M | $200M | $192M | $189M | $183M | $212M | $211M | |
| Deferred revenue (non-current) | $37.1M | $29.5M | $22.4M | $17.2M | $11.5M | $41.5M | $37.8M | $46.1M | $45.5M | $46.2M | $41.1M | $33.7M | |
| Other non-current liabilities | $11.4M | $10.7M | $9.97M | $15.6M | $14.5M | $13.7M | $12.5M | $12M | $10.7M | $7.09M | $6.85M | $12.4M | |
| Non-current liabilities | $233M | $215M | $195M | $247M | $233M | $250M | $251M | $250M | $245M | $237M | $260M | $258M | |
| Total liabilities | $922M | $961M | $946M | $1.05B | $1.18B | $1.25B | $1.22B | $1.34B | $1.43B | $1.41B | $1.64B | $1.79B | |
| Equity | |||||||||||||
| Common stock & paid-in capital | $2.17M | $2.2M | $2.23M | $2.24M | $2.27M | $2.34M | $2.36M | $2.37M | $2.38M | $2.39M | $2.4M | $2.4M | |
| Retained earnings | -$5.74B | -$5.65B | -$5.54B | -$5.41B | -$5.27B | -$5.19B | -$4.97B | -$4.65B | -$4.17B | -$3.56B | -$2.69B | -$1.63B | |
| Accumulated other comprehensive income | -$7.21M | $801K | -$5.72M | -$4.94M | $4.93M | -$5.61M | -$2.99M | $4.72M | $11.5M | $13.9M | $601K | -$7.1M | |
| Shareholders' equity | $3.19B | $3.48B | $3.78B | $4.05B | $4.5B | $5B | $5.42B | $5.93B | $6.59B | $7.39B | $8.45B | $9.77B | |
| Debt | |||||||||||||
| Total debt (incl. leases) | $236M | $229M | $217M | $258M | $255M | $239M | $245M | $238M | $235M | $229M | $212M | $211M | |
| Net debt (debt - cash) | -$804M | -$602M | -$303M | -$254M | -$514M | -$1.86B | -$749M | -$692M | -$1.38B | -$1.19B | -$2.08B | -$1.82B | |
| Balance sheet | Trend | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Cash & equivalents | $1.12B | $1.08B | $2.01B | $2.29B | $2.6B | $831M | $2.1B | $1.42B | |
| Short-term investments | $0 | $0 | $0 | $234M | $35.1M | $2.84B | $3.13B | $5.75B | |
| Receivables | $19.2M | $50.3M | $157M | $191M | $258M | $365M | $575M | $1.04B | |
| Other current assets | $10.5M | $52.1M | $37.3M | $36.6M | $150M | $99.7M | $129M | $139M | |
| Current assets | $1.22B | $1.21B | $2.26B | $2.86B | $3.04B | $4.14B | $5.93B | $8.36B | |
| Property, plant & equipment (net) | $30M | $31.6M | $247M | $248M | $269M | $231M | $240M | $252M | |
| Long-term investments | $17.5M | $26.1M | $79.5M | $0 | $0 | $0 | $0 | $0 | |
| Intangible assets | $0 | $0 | $0 | $0 | $0 | $25.9M | $18.1M | $0 | |
| Other non-current assets | $163M | $322M | $107M | $136M | $150M | $127M | $148M | $290M | |
| Non-current assets | $211M | $380M | $433M | $384M | $420M | $384M | $407M | $542M | |
| Total assets | $1.43B | $1.59B | $2.69B | $3.25B | $3.46B | $4.52B | $6.34B | $8.9B | |
| Liabilities | |||||||||
| Accounts payable | $27.4M | $51.7M | $16.4M | $74.9M | $44.8M | $12.1M | $103K | $8.06M | |
| Accrued expenses | $124M | $127M | $159M | $133M | $131M | $176M | $385M | $356M | |
| Taxes payable | $0 | $0 | $0 | $22.6M | $41.3M | $47.3M | $0 | $0 | |
| Deferred revenue | $381M | $550M | $400M | $389M | $325M | $457M | $525M | $766M | |
| Current liabilities | $532M | $729M | $604M | $660M | $588M | $746M | $996M | $1.18B | |
| Long-term debt | $0 | $396M | $198M | $0 | $0 | $0 | $0 | $0 | |
| Lease obligations (non-current) | $0 | $0 | $230M | $220M | $204M | $175M | $195M | $183M | |
| Deferred revenue (non-current) | $276M | $245M | $132M | $73.9M | $13.9M | $29.5M | $41.5M | $46.2M | |
| Other non-current liabilities | $2.37B | $2.21B | $4.32M | $2.3M | $12.7M | $10.7M | $13.7M | $7.09M | |
| Non-current liabilities | $2.65B | $2.85B | $564M | $296M | $231M | $215M | $250M | $237M | |
| Total liabilities | $3.18B | $3.57B | $1.17B | $956M | $819M | $961M | $1.25B | $1.41B | |
| Equity | |||||||||
| Common stock & paid-in capital | $570K | $588K | $1.79M | $2.03M | $2.1M | $2.2M | $2.34M | $2.39M | |
| Retained earnings | -$3.23B | -$3.8B | -$4.97B | -$5.49B | -$5.86B | -$5.65B | -$5.19B | -$3.56B | |
| Accumulated other comprehensive income | $762K | -$703K | -$2.75M | -$2.35M | -$5.33M | $801K | -$5.61M | $13.9M | |
| Shareholders' equity | -$1.75B | -$1.98B | $1.52B | $2.29B | $2.57B | $3.48B | $5B | $7.39B | |
| Debt | |||||||||
| Total debt (incl. leases) | $0 | $396M | $457M | $260M | $249M | $229M | $239M | $229M | |
| Net debt (debt - cash) | -$1.12B | -$683M | -$1.55B | -$2.03B | -$2.35B | -$602M | -$1.86B | -$1.19B | |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Cash, investments and debt
quarter endsThe other statements
Sources
Statements, segment revenue, metrics, estimates: Financial Modeling Prep. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-01