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Palantir Technologies Inc.

PLTR

Palantir Technologies Inc. builds and deploys software platforms that serve as central operating systems for data-driven decision-making and operations.

Market cap
$477.68B+12.1%
Revenue$6.2B+78.9%
Net income$3.0B+295%
Free cash flow$3.4B+96.5%
EPS (diluted)$1.16+287%
Trailing twelve months · change vs. prior year

Earnings

Next report

Nov 2, 2026 (In 3 weeks)
Revenue estimate$2.2B
EPS estimate$0.41

Financials

Q2 2026

Income statement

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Revenue$1.9B+92.8%
Gross profit$1.6B+102%
Operating income$912.0M+239%
Net income$1.1B+225%
EPS (diluted)$0.41+215%

Balance sheet

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Cash & equivalents$2.1B+117%
Total debt$211.4M-11.1%
Total equity$9.8B+64.9%
Total assets$11.7B+58.6%

Cash flow

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Operating cash flow$1.2B+126%
CapEx$14.6M+90.6%
Free cash flow$1.2B+126%

Valuation & ratios

Valuation

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Market cap$477.68B+12.1%
Enterprise value$475.83B+8.5%
P/E158.4×-243×
P/S77.6×-35.3×

Profitability

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Gross margin84.8%+4.8pp
Operating margin42.8%+26.2pp
Net margin49%+26.8pp
FCF margin54.6%+4.9pp

Returns & leverage

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Return on equity38.4%+23.1pp
Debt / equity0×0.0×
Current ratio7.2×+0.9×

Segments

By segment

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Government$990.0M+79.0%

By geography

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Rest of world$362.4M—

Competitors

Profile

Palantir Technologies Inc. builds and deploys software platforms that serve as central operating systems for data-driven decision-making and operations. The company provides critical infrastructure that integrates disparate data sources, applies advanced analytics and generative AI, and enables secure execution across complex environments for government and commercial institutions.

Competitive position

Palantir positions itself as a provider of 'ready-to-use' infrastructure that competes primarily against failed internal software development efforts and fragmented legacy IT consulting projects.

GeographiesUnited States, United Kingdom, South Korea, Europe, Japan
Customer segmentsFederal Government, Global Enterprises, Intelligence Community, Military
Business modelSubscription SaaS, Enterprise Software, B2B, B2G
SuppliersCloud infrastructure providers, Large Language Model (LLM) developers, Hardware and sensor manufacturers, Open-source software communities
CustomersU.S. Department of Defense, Intelligence agencies, Global 2000 enterprises, Public health organizations
Listed2020
Employees3.7K
CEOAlexander C. Karp
FilingsSEC EDGAR

FAQ

What is Palantir Technologies Inc.'s market cap?
Palantir Technologies Inc. (PLTR) has a market capitalization of $477.68B and trades on NYSE.
What is Palantir Technologies Inc.'s revenue and profitability?
Palantir Technologies Inc. generated $6.2B in trailing twelve-month revenue with net income of $3.0B, representing a net margin of 49.0%. Gross margin stands at 84.8%, with free cash flow of $3.4B. The latest reported period is Q2 2026.
Who are Palantir Technologies Inc.'s competitors?
Palantir Technologies Inc.'s key competitors include Snowflake, Lockheed Martin, Accenture, and others. These companies compete in similar markets and product categories.
Who does Palantir Technologies Inc. partner with?
Palantir Technologies Inc.'s notable partners include Fujitsu Limited, Amazon Web Services, Microsoft, and others.
What subsidiaries does Palantir Technologies Inc. have?
Palantir Technologies Inc.'s subsidiaries include Palantir Technologies Japan KK.
Where is Palantir Technologies Inc. headquartered?
Palantir Technologies Inc. is headquartered in United States of America and employs approximately 3,678 people. It has been publicly traded since 2020.