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Palantir Technologies Inc. logo

Palantir Technologies Inc. Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Palantir Technologies Inc. holds $10.2B in total assets. Shareholders' equity is $8.4B against $212.0M in total debt. Cash and equivalents total $2.3B. The current ratio is 6.91 and debt-to-equity is 0.025. Based on the Q1 2026 filing.

Total Assets$10.2BTotal Stockholders Equity$8.4BLong Term Debt-Cash And Equivalents$2.3BTotal Current Assets$9.6BTotal Current Liabilities$1.4B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$314.24B
P/E Ratio137.73
ROE32.89%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$575M$725.2M$747.5M$1B$1B$1.4B
AFS and Trading Securities - Unrealized Loss Position Fair Value$700M$3.1B$4.9B$1.3B$700M$2.4B
Cash and cash equivalents$2.1B$1B$951.2M$1.6B$1.5B$2.3B
Short- term Investments$3.1B$4.4B$5.1B$4.8B$5.8B$5.7B
Prepaid expenses and other current assets$129.3M$126.7M$142.5M$142.4M$139.1M$119.7M
Restricted cash—$7.8M———$9.8M
Short-term investments$3.1B$4.4B$5.1B$4.8B$5.8B$5.7B
Total current assets$5.9B$6.3B$6.9B$7.6B$8.4B$9.6B
Trading Securities in Marketable Securities$64.9M$104.5M$122.9M$163.2M$170M$245M

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Manufacturing Costs$306.9M$205.7M$200.1M$174.5M$178.7M$119.9M
Accounts payable and other current liabilities (Note 11)————$409.6M$496M
Accrued Income Taxes, Current$42.2M—$63.8M—$56.6M$89.7M
Customer deposits$265.3M$231.1M$263M$368.2M$357.1M$370.1M
Deferred income$259.6M$318.6M$376.8M$316.7M$409M$516.9M
Compensation and benefits$306.9M$205.7M$200.1M$174.5M$178.7M$119.9M
Total current liabilities$996M$967.4M$1.1B$1.2B$1.2B$1.4B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$10.2B$10.4B$10.6B$10.7B$10.9B$11.1B
Accumulated other comprehensive income (loss)-$5.6M-$3M$4.7M$11.5M$13.9M$601K
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$2.3M$2.4M$2.4M$2.4M$2.4M$2.4M
Investments - Gross Unrealized Losses$700M$3.1B$4.9B$1.3B$700M$2.4B
Minimum Ownership Threshold (Shares)—100M100M100M—100M
Retained earnings-$5.2B-$5B-$4.6B-$4.2B-$3.6B-$2.7B
Total liabilities and stockholders' equity$6.3B$6.7B$7.4B$8.1B$8.9B$10.2B
Total stockholders' equity$5B$5.4B$5.9B$6.6B$7.4B$8.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$3.1B$4.4B$5B$4.8B$5.7B$5.7B
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$613K$1.3M$1.9M$334K$135K$3.8M
Gross Unrealized Gains$1M$464K$10K$7.1M$9.2M$2.8M
Total$3.1B$4.4B$5B$4.8B$5.7B$5.7B
Available for sale investments$3.1B$4.4B$5B$4.8B$5.7B$5.7B
Common stock, shares authorized (in shares)22.7B22.7B22.7B22.7B22.7B22.7B
Common stock, shares issued (in shares)2.3B2.4B2.4B2.4B2.4B2.4B
Common Stock, Shares, Outstanding2.3B2.4B2.4B2.4B2.4B2.4B
Contract with Customer, Liability$566.4M$587.5M$685.9M$730.4M$812M$929M
Number of Securities, Greater than 12 months0.000.00—0.000.000.00
Debt Securities, Available-for-Sale, Unrealized Loss Position$700M$3.1B$4.9B$1.3B$700M$2.4B
Trading securities, cost$64.9M$104.5M$122.9M$163.2M$170M$245M
Noncontrolling interests in subsidiaries$91.1M$94.8M$96.7M$97.8M$100.7M$106.6M
Other accrued liabilities$120.1M$165.4M$129.7M$207.2M$166.3M$217M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—$1.9B$2.4B$2.6B—$4.5B
RPO percentage—————39.0%
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price—————$8.67
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number178.1M164.5M158.9M153.9M152.2M150.9M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price$9.26$9.62$9.77$9.92$9.98$10.02
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value—$5.5B$9B$12.2B—$10.4B
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value$11.8B$12.3B$20.1B$26.6B$25.5B$20.6B
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number—————75.8M

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Customer Deposits (Non-Current)$1.7M$1.5M$1.5M$1.6M$18K$1.2M
Deferred income$39.9M$36.4M$44.6M$43.9M$46.2M$41.1M
Operating lease liabilities, non-current$195.2M$200.2M$192.3M$189.2M$183.5M$212M
Operating Lease Liabilities (Total)$239.2M———$229.3M—
Other non-current liabilities$13.7M$12.5M$12M$10.7M$7.1M$5.7M
Total liabilities$1.2B$1.2B$1.3B$1.4B$1.4B$1.6B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$166.2M$205.3M$228.3M$277.8M$290.2M$362.8M
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments$64.9M$104.5M$122.9M$163.2M$170M$245M
Investments - Amortized Cost Basis$64.9M$104.5M$122.9M$163.2M$170M$245M
Net Investment in Lease$200.7M$209.3M$203.5M$204.3M$200.1M$229M
Operating lease right-of-use assets$200.7M$209.3M$203.5M$204.3M$200.1M$229M
Other non-current assets$166.2M$205.3M$228.3M$277.8M$290.2M$362.8M
Operating Lease Right-of-Use Assets in Other Assets$200.7M$209.3M$203.5M$204.3M$200.1M$229M
Property and equipment, net$39.6M$39.7M$43.5M$45.7M$52M$55.7M
Total assets$6.3B$6.7B$7.4B$8.1B$8.9B$10.2B