Palantir Technologies Inc. (PLTR)财务
NASDAQ · Technology · Software - Infrastructure · 员工4,401人 · CEO Alexander C. Karp
- 股价
- $184.11 -6.27%
- 市值
- $4240亿
- 企业价值
- $4220亿
- 最近财报
- Q2 '26 2026-08-04提交
- 下次财报
- 2026-11-02 EPS预期 $0.41
营收(TTM)$61.6亿+78.9% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)42.8%+26.2 百分点 对比去年同期营业利润 $26.3亿
净利润(TTM)$30.2亿+295.2% 对比去年同期税后,含营业外收益
自由现金流(TTM)$33.6亿+96.6% 对比去年同期资本支出 $4200万
稀释EPS(TTM)$1.18+288.9% 对比去年同期最近4个季度之和
净现金$92亿+59.6% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $4240亿 EV $4220亿
- 营收
- $61.6亿 过去12个月
- 营收增速
- +84% FY2026年一致预期
- 净利润率
- 49.0% 净利润 / 营收,TTM
- P/E
- 146.1× 预期 115.0×(FY2026)
- P/S
- 68.8× 股价 / 营收,TTM
- EV / EBITDA
- 136.1× TTM
- 自由现金流
- $33.6亿 过去12个月
- 净利润
- $30.2亿 过去12个月
- 营收预期
- $82.1亿 FY2026年一致预期
- 盈利
- 2026-11-02 营收预期 $21.8亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-08-03):营收超预期6.8%,EPS 超预期19.0%营收$19.4亿,预期$18.1亿(+6.8%);EPS $0.41,预期$0.34(+19.0%)。
- 营收增长加速:同比92.8%Q2 '26营收$19.4亿,此前四个季度的平均值为66.4%。
- 营业利润率42.8%(TTM),较去年同期+26.2 百分点营收增长78.9%,营业利润增长362.6%。
- 税前利润的14.2%来自营业外收益税前利润$30.7亿,营业利润$26.3亿(TTM)。股权投资收益等一次性项目推高了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的0.7%(去年为0.6%)最近4个季度投入$4200万(同比+101.0%)。自由现金流$33.6亿,相当于净利润的111.4%。
- 股东回报$3840万 = 自由现金流的1.1%回购$3840万(去年为$7410万),股息$0,股权激励$8.36亿(TTM)。
- 稀释股数一年内增加0.3%Q2 '26稀释股数25.7亿,一年前为25.6亿。
- 净现金 $92亿现金 + 短期投资 $94.1亿,含租赁债务 $2.11亿;一年前净现金 $57.6亿。
上一季度:Q2 '26
截至2026-06-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q2 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $19.4亿 | $10亿 | +92.8% |
| 毛利率 | 84.7% | 80.8% | +3.9 百分点 |
| 营业利润 | $9.12亿 | $2.69亿 | +238.6% |
| 营业利润率 | 47.1% | 26.8% | +20.3 百分点 |
| 净利润 | $10.6亿 | $3.27亿 | +225.0% |
| 稀释EPS | $0.41 | $0.13 | +215.4% |
| 经营现金流 | $12.2亿 | $5.38亿 | +125.9% |
| 资本支出 | $1460万 | $763万 | +90.6% |
| 自由现金流 | $12亿 | $5.32亿 | +126.0% |
| R&D | $1.93亿 | $1.35亿 | +42.6% |
| 股权激励费用 | $2.65亿 | $1.6亿 | +65.8% |
实际 vs 一致预期
2026-08-03| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $19.4亿 | $18.1亿 | +6.8% |
| EPS(一致预期口径) | $0.41 | $0.34 | +19.0% |
来自2026-08-03发布的Q2 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Government Operating Segment | $9.9亿 | +79.0% | 51.2% | $32.1亿 | +68.7% | |
| Commercial | $9.45亿 | +109.8% | 48.8% | $29.5亿 | +91.6% |
按地区划分的营收
占总额比例| 分部 | Q2 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Geographic Concentration Risk | $19.4亿 | – | 50.0% | $80.4亿 | – | |
| United States | $19.4亿 | +164.2% | 50.0% | $51.8亿 | +114.1% | |
| Rest Of World | – | – | – | – | – | |
| United Kingdom | – | – | – | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q2 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| Material Reconciling Items | – | – | $9.12亿 | +238.6% | – | – | $26.3亿 |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $34亿
- 资本支出
- -$4200万
- 股票回购
- -$3840万
- 股息
- $0
- 收购
- $0
- 债务净发行
- $0
- 股权激励费用
- $8.36亿
- 自由现金流
- $33.6亿
- 股东回报 / FCF
- 1.1%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 146.1× | 264.5× 5年中的3年 | 175.7× – 360.1× |
| EV / EBITDA | 136.1× | 235.0× 5年中的3年 | 132.4× – 323.2× |
| EV / 营收 | 68.5× | 39.2× | 5.7× – 93.8× |
| 股价 / FCF | 126.1× | 116.7× | 52.9× – 200.5× |
| 股价 / 净资产 | 45.1× | 24.4× | 5.2× – 57.0× |
| FCF收益率 | 0.8% | 1.1% | 0.5% – 1.9% |
| 投入资本回报率 | 25.6% | 1.0% | -15.6% – 17.9% |
| 净资产收益率 | 37.5% | -0.0% | -22.7% – 22.0% |
分析师
一致目标价 $207.24 (+12.6%)
区间 $80.00 – $265.00 · 评级 Buy
强烈买入0
买入15
持有9
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $82.1亿 | +83.5% | $1.60 | +154.1% | 115.0× | 20 |
| FY2027 | $124亿 | +50.8% | $2.33 | +45.6% | 79.0× | 20 |
| FY2028 | $179亿 | +44.8% | $3.46 | +48.4% | 53.2× | 9 |
| FY2029 | $334亿 | +86.5% | $6.70 | +93.8% | 27.5× | 3 |
| FY2030 | $701亿 | +109.7% | $14.38 | +114.6% | 12.8× | 3 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Palantir Technologies Inc.在近期10-Q / 10-K文件中标记的全部227项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable and Accrued Liabilities, Current | $5.04亿 | – | – | – | – | – |
| Accounts Payable, Current | $310万 | $1080万 | -71.2% | $806万 | $10.3万 | +7,729.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $14.9亿 | $7.47亿 | +98.7% | $10.4亿 | $5.75亿 | +81.2% |
| Accrued Income Taxes, Current | $1.05亿 | $6380万 | +64.3% | $4220万2024-12-31 | $4730万 | -10.6% |
| Accrued Liabilities, Current | $5.04亿 | $3.94亿 | +28.1% | $3.56亿 | $4.27亿 | -16.7% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $1.49亿2025-12-31 | $1.23亿 | +21.2% | $1.49亿 | $1.23亿 | +21.2% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$710万 | $472万 | -250.5% | $1390万 | -$561万 | +348.5% |
| Additional Paid in Capital | $114亿 | $106亿 | +8.0% | $109亿 | $102亿 | +7.3% |
| Advertising Expense | – | – | – | $1600万 | $1820万 | -12.1% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $2.65亿 | $1.6亿 | +65.6% | $6.85亿 | $6.93亿 | -1.1% |
| Assets | $117亿 | $73.7亿 | +58.6% | $89亿 | $63.4亿 | +40.4% |
| Assets, Current | $111亿 | $68.9亿 | +61.1% | $83.6亿 | $59.3亿 | +40.8% |
| Assets, Fair Value Disclosure | $88.2亿 | $55.5亿 | +58.9% | $67亿 | $49.6亿 | +35.2% |
| Cash and Cash Equivalents, at Carrying Value | $20.3亿 | $9.3亿 | +118.4% | $14.2亿 | $21亿 | -32.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $20.6亿 | $9.51亿 | +116.9% | $14.5亿 | $21.2亿 | -31.5% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$2.62亿 | -$6380万 | -310.1% | -$6.69亿 | $12.7亿 | -152.6% |
| Common Stock, Shares Authorized | 227亿 | 227亿 | 0.0% | 227亿 | 227亿 | 0.0% |
| Common Stock, Shares, Issued | 24亿 | 23.7亿 | +1.3% | 23.9亿 | 23.4亿 | +2.2% |
| Common Stock, Shares, Outstanding | 24亿 | 23.7亿 | +1.3% | 23.9亿 | 23.4亿 | +2.2% |
| Common Stock, Value, Issued | $240万 | $237万 | +1.3% | $239万 | $234万 | +2.2% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $407万 | $185万 | +120.7% | $961万 | $573万 | +67.8% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $10.5亿 | $3.34亿 | +215.2% | $16.4亿 | $4.56亿 | +260.8% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $10.6亿 | $3.36亿 | +214.7% | $16.5亿 | $4.62亿 | +258.4% |
| Contract with Customer, Liability | $11亿 | $6.86亿 | +60.4% | $8.12亿 | $5.66亿 | +43.4% |
| Contract with Customer, Liability, Revenue Recognized | $1.65亿 | $1.45亿 | +13.8% | $5.27亿 | $4.58亿 | +15.1% |
| Cost of Revenue | $2.97亿 | $1.93亿 | +53.9% | $7.89亿 | $5.66亿 | +39.4% |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Current Foreign Tax Expense (Benefit) | – | – | – | $2510万 | $2030万 | +23.9% |
| Current Income Tax Expense (Benefit) | – | – | – | $2660万 | $2180万 | +22.1% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $154万 | $156万 | -1.2% |
| Debt and Equity Securities, Unrealized Gain (Loss) | -$1620万2025-12-31 | $672万 | -341.6% | -$2120万 | -$1930万 | -10.0% |
| Debt Securities, Available-for-sale | $75.9亿 | $50.2亿 | +51.1% | $57.3亿 | $31.1亿 | +84.2% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax | $65.8万 | $1万 | +6,480.0% | $916万 | $102万 | +796.1% |
| Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax | $848万 | $193万 | +338.7% | $13.5万 | $61.3万 | -78.0% |
| Debt Securities, Available-for-sale, Amortized Cost | $76亿 | $50.2亿 | +51.2% | $57.2亿 | $31.1亿 | +83.9% |
| Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Number of Positions | 0 security | – | – | 0 security | 0 security | – |
| Debt Securities, Available-for-sale, Realized Loss | $0 | $0 | – | $0 | $0 | – |
| Debt Securities, Available-for-sale, Unrealized Loss Position | $58亿 | $49亿 | +18.4% | $7.25亿 | $7.16亿 | +1.2% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | -$391万 | -$56.6万 | -591.5% |
| Deferred Income Tax Expense (Benefit) | – | – | – | -$391万 | -$56.6万 | -591.5% |
| Deferred Revenue, Current | $5.79亿 | $3.77亿 | +53.8% | $4.09亿 | $2.6亿 | +57.5% |
| Deferred Revenue, Noncurrent | $3370万 | $4460万 | -24.5% | $4620万 | $3990万 | +15.9% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Tax Assets, Gross | $35亿2025-12-31 | $27.6亿 | +26.9% | $35亿 | $27.6亿 | +26.9% |
| Deferred Tax Assets, in Process Research and Development | $8540万2025-12-31 | $5.04亿 | -83.1% | $8540万 | $5.04亿 | -83.1% |
| Deferred Tax Assets, Operating Loss Carryforwards | $26.2亿2025-12-31 | $15.8亿 | +65.4% | $26.2亿 | $15.8亿 | +65.4% |
| Deferred Tax Assets, Property, Plant and Equipment | $1670万2025-12-31 | $1580万 | +5.3% | $1670万 | $1580万 | +5.3% |
| Deferred Tax Assets, Tax Credit Carryforwards | $5.28亿2025-12-31 | $3.95亿 | +33.9% | $5.28亿 | $3.95亿 | +33.9% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost | $6250万2025-12-31 | $7660万 | -18.5% | $6250万 | $7660万 | -18.5% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals | $1.13亿2025-12-31 | $8710万 | +30.1% | $1.13亿 | $8710万 | +30.1% |
| Deferred Tax Assets, Valuation Allowance | $34.5亿2025-12-31 | $27.1亿 | +27.4% | $34.5亿 | $27.1亿 | +27.4% |
| Deferred Tax Liabilities, Goodwill and Intangible Assets | $493万2025-12-31 | $683万 | -27.9% | $493万 | $683万 | -27.9% |
| Deferred Tax Liabilities, Net | $371万2025-12-31 | $752万 | -50.7% | $371万 | $752万 | -50.7% |
| Depreciation | $480万2025-09-30 | $610万 | -21.3% | $2370万2024-12-31 | $2370万 | 0.0% |
| Depreciation, Depletion and Amortization | $822万 | $653万 | +25.9% | $2610万 | $3160万 | -17.2% |
| Dividends Payable | $0 | $0 | – | $0 | $0 | – |
| Dividends, Common Stock | $02026-03-31 | $0 | – | – | – | – |
| Earnings Per Share, Basic | $0.44 | $0.14 | +214.3% | $0.69 | $0.21 | +228.6% |
| Earnings Per Share, Diluted | $0.41 | $0.13 | +215.4% | $0.63 | $0.19 | +231.6% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 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
数据截至 2026-11-01