Palantir Technologies Inc. (PLTR) income statement
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
Palantir Technologies Inc. (PLTR) reported revenue of $1.94B for Q2 '26 (+92.8% year on year), operating income of $912M (47.1% of revenue) and net income of $1.06B. Over the last four quarters revenue was $6.16B.
Income statement
| Income statement | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $558M | $608M | $634M | $678M | $726M | $828M | $884M | $1B | $1.18B | $1.41B | $1.63B | $1.94B | |
| Cost of revenue | $108M | $109M | $116M | $129M | $147M | $175M | $173M | $193M | $207M | $216M | $216M | $297M | |
| Gross profit | $450M | $500M | $518M | $550M | $579M | $653M | $711M | $811M | $974M | $1.19B | $1.42B | $1.64B | |
| Research & development | $106M | $109M | $110M | $109M | $118M | $172M | $135M | $135M | $144M | $144M | $161M | $193M | |
| Sales & marketing | $176M | $197M | $193M | $197M | $209M | $288M | $236M | $244M | $275M | $302M | $319M | $340M | |
| General & administrative | $128M | $127M | $134M | $139M | $139M | $182M | $164M | $163M | $162M | $170M | $183M | $195M | |
| Operating expenses | $410M | $434M | $437M | $444M | $466M | $642M | $535M | $541M | $581M | $615M | $663M | $727M | |
| Operating income | $40M | $65.8M | $80.9M | $105M | $113M | $11M | $176M | $269M | $393M | $575M | $754M | $912M | |
| Interest income | $36.9M | $44.5M | $43.4M | $46.6M | $52.1M | $54.7M | $50.4M | $56.3M | $59.8M | $62.7M | $66.4M | $77.5M | |
| Interest expense | $742K | $136K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$40.7M | -$40.6M | -$29.8M | -$35.4M | -$44M | -$69.5M | -$47.3M | -$62.9M | -$87.2M | -$46M | -$135M | -$169M | |
| Total non-operating income | $40M | $40.5M | $29.8M | $35.4M | $44M | $69.5M | $47.3M | $62.9M | $87.2M | $46M | $135M | $169M | |
| Income before tax | $80M | $106M | $111M | $141M | $157M | $80.5M | $223M | $332M | $481M | $621M | $889M | $1.08B | |
| Income tax | $6.53M | $9.33M | $4.66M | $5.19M | $7.81M | $3.6M | $5.6M | $3.6M | $3.75M | $12.7M | $12.2M | $15.4M | |
| Net income | $71.5M | $93.4M | $106M | $134M | $144M | $79M | $214M | $327M | $476M | $609M | $871M | $1.06B | |
| EPS (basic) | $0.03 | $0.04 | $0.05 | $0.06 | $0.06 | $0.03 | $0.09 | $0.14 | $0.20 | $0.26 | $0.36 | $0.44 | |
| EPS (diluted) | $0.03 | $0.04 | $0.04 | $0.06 | $0.06 | $0.03 | $0.08 | $0.13 | $0.19 | $0.24 | $0.34 | $0.41 | |
| Shares (basic, weighted) | 2.16B | 2.19B | 2.21B | 2.23B | 2.25B | 2.3B | 2.35B | 2.37B | 2.36B | 2.39B | 2.39B | 2.4B | |
| Shares (diluted, weighted) | 2.33B | 2.36B | 2.4B | 2.41B | 2.46B | 2.53B | 2.55B | 2.56B | 2.56B | 2.57B | 2.57B | 2.57B | |
| Depreciation & amortization | $8.66M | $7.97M | $8.44M | $8.06M | $8.09M | $7.01M | $6.62M | $6.53M | $5.98M | $7.02M | $6.77M | $8.22M | |
| EBITDA | $89.4M | $114M | $119M | $149M | $165M | $87.5M | $230M | $339M | $486M | $628M | $895M | $1.09B |
| Income statement | Trend | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $595M | $743M | $1.09B | $1.54B | $1.91B | $2.23B | $2.87B | $4.48B | |
| Cost of revenue | $165M | $242M | $353M | $339M | $409M | $431M | $566M | $789M | |
| Gross profit | $430M | $500M | $740M | $1.2B | $1.5B | $1.79B | $2.3B | $3.69B | |
| Research & development | $285M | $306M | $561M | $387M | $360M | $405M | $508M | $558M | |
| Sales & marketing | $462M | $450M | $684M | $615M | $703M | $745M | $888M | $1.06B | |
| General & administrative | $306M | $321M | $669M | $612M | $596M | $524M | $593M | $658M | |
| Operating expenses | $1.05B | $1.08B | $1.91B | $1.61B | $1.66B | $1.67B | $1.99B | $2.27B | |
| Operating income | -$623M | -$576M | -$1.17B | -$411M | -$161M | $120M | $310M | $1.41B | |
| Interest income | $10.5M | $15.1M | $4.68M | $1.61M | $20.3M | $133M | $197M | $229M | |
| Interest expense | $3.44M | $3.06M | $14.1M | $3.64M | $4.06M | $3.47M | $0 | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$56M | -$12.2M | -$8.79M | $73.8M | $196M | -$121M | -$179M | -$243M | |
| Total non-operating income | $52.5M | $9.17M | -$5.35M | -$77.4M | -$200M | $117M | $179M | $243M | |
| Income before tax | -$571M | -$567M | -$1.18B | -$488M | -$361M | $237M | $489M | $1.66B | |
| Income tax | $9.1M | $12.4M | -$12.6M | $31.9M | $10.1M | $19.7M | $21.3M | $22.7M | |
| Net income | -$580M | -$580M | -$1.17B | -$520M | -$374M | $210M | $462M | $1.63B | |
| EPS (basic) | -$0.84 | -$0.82 | -$1.19 | -$0.27 | -$0.18 | $0.10 | $0.21 | $0.69 | |
| EPS (diluted) | -$0.89 | -$0.82 | -$1.20 | -$0.27 | -$0.18 | $0.09 | $0.19 | $0.63 | |
| Shares (basic, weighted) | 714M | 714M | 978M | 1.92B | 2.06B | 2.15B | 2.25B | 2.37B | |
| Shares (diluted, weighted) | 716M | 716M | 979M | 1.92B | 2.06B | 2.3B | 2.45B | 2.57B | |
| Depreciation & amortization | $13.9M | $12.3M | $13.9M | $14.9M | $22.5M | $33.4M | $31.6M | $26.1M | |
| EBITDA | -$554M | -$552M | -$1.15B | -$470M | -$334M | $274M | $521M | $1.68B |
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.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe 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