Skip to content
Screener

Palantir Technologies Inc. PLTR Q1 2026 earnings

Reported May 4, 2026 · After market close

Revenue$1.6BBeat by $90.2M
EPS$0.33Beat by $0.05
Revenue estimate$1.5B
EPS estimate$0.28
“Palantir's Rule of 40 score has soared to 145%. We have shattered the metric, a feat matched only by other fellow AI infrastructure companies: NVIDIA, Micron and SK hynix. Momentum surged as we grew 85% last quarter—our highest-ever year-over-year growth rate—by more than doubling our U.S. business, and now we are raising our full-year revenue guidance to 71% growth, 10 points ahead of our guidance from last quarter, driven by our confidence in an accelerating U.S. market,”
Alex Karp

Next report

Nov 2, 2026 (in a month)
Revenue estimate$2.2B
EPS estimate$0.42

Financials

Q1 2026

Income statement

See full
Revenue$1.6B+84.7%
Gross profit$1.4B+99.3%
Operating income$754.0M+328%
Net income$870.5M+307%
EPS (diluted)$0.34+325%

Balance sheet

See full
Cash & equivalents$2.3B+129%
Total debt$212.0M-13.3%
Total equity$8.4B+55.8%
Total assets$10.2B+51.4%

Cash flow

See full
Operating cash flow$899.2M+190%
CapEx$7.4M+19.7%
Free cash flow$891.8M+193%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$349.85B+76.7%
Enterprise value$347.74B+76.4%
P/E153.3×-194×
P/S67×+3.4×

Profitability

See full
Gross margin84.1%+4.1pp
Operating margin38.1%+25.1pp
Net margin43.7%+25.4pp
FCF margin51.5%+9.1pp

Returns & leverage

See full
Return on equity32.9%+20.5pp
Debt / equity0×0.0×
Current ratio6.9×+0.4×

Segments

By segment

See full
Government$858.4M+76.3%

FAQ

When did Palantir Technologies Inc. report Q1 2026 earnings?
Palantir Technologies Inc. (PLTR) reported Q1 2026 earnings on May 4, 2026 after market close.
What were Palantir Technologies Inc.'s Q1 2026 revenue and EPS?
Palantir Technologies Inc. reported revenue of $1.6B and eps of $0.33 for Q1 2026.
Did Palantir Technologies Inc. beat estimates in Q1 2026?
Revenue beat the consensus estimate of $1.5B by $90.2M. EPS beat the consensus estimate of $0.28 by $0.05.
How did Palantir Technologies Inc.'s Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 84.7% from $883.9M a year earlier and eps grew 153.8% from $0.13.
Where can I find Palantir Technologies Inc.'s Q1 2026 SEC filings?
You can read the 8-K earnings release (0001321655-26-000026) and the 10-Q periodic report (0001321655-26-000028) directly on SEC EDGAR. The filing index links above go to sec.gov.