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Other financials

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

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Market cap$374.68B-12.0%
Enterprise value$372.83B-12.3%
P/E124.2×-434×
P/S60.9×-62.9×

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×
Current ratio7.2×+0.9×

Where this comes from

Reported directly by Palantir Technologies Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueRemainingPerformanceObligation.

The source filing: Palantir Technologies Inc.’s 10-Q, filed August 4, 2026.

Filed
Aug 3, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001321655-26-000041

The Company’s remaining performance obligations were $4.9 billion as of June 30, 2026, of which the Company expects to recognize approximately 43% as revenue over the next 12 months, 36% as revenue over the subsequent 13 to 36 months, and the remainder thereafter.

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Palantir Technologies Inc.'s deferred revenue?
Palantir Technologies Inc. (PLTR) reported deferred revenue of $4.9B in Q2 2026.
How has Palantir Technologies Inc.'s deferred revenue changed year-over-year?
Palantir Technologies Inc.'s deferred revenue increased by 104.2% year-over-year, from $2.4B to $4.9B.
What is the long-term trend for Palantir Technologies Inc.'s deferred revenue?
Over 5 years (2020 to 2025), Palantir Technologies Inc.'s deferred revenue has grown at a -1.8% compound annual growth rate (CAGR), from $50.53M to $46.22M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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