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Palantir Technologies Inc. PLTR Net gains (losses) on investments

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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$421.09B-5.1%
Enterprise value$419.24B-5.3%
P/E139.6×-442×
P/S68.4×-60.5×

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:DebtAndEquitySecuritiesUnrealizedGainLoss.

The source filing: Palantir Technologies Inc.’s 10-K, filed February 17, 2026.

Filed
Feb 17, 2026, 6:14 AM EST
Fiscal year
FY2025
Accession
0001321655-26-000011
Line itemYears Ended December 31, 2025Years Ended December 31, 2024Years Ended December 31, 2023
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization26,14531,58733,354
Stock-based compensation684,033691,638475,903
Unrealized and realized (gain) loss from marketable securities, net21,22819,30613,160
Noncash consideration(37,244)(52,521)(46,609)
Other operating activities15,63066,03412,764
Changes in operating assets and liabilities:
Accounts receivable, net(450,429)(211,157)(106,159)

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Palantir Technologies Inc.'s net gains (losses) on investments?
Palantir Technologies Inc. (PLTR) reported net gains (losses) on investments of -$16.22M in Q4 2025.
What is the long-term trend for Palantir Technologies Inc.'s net gains (losses) on investments?
Over 3 years (2021 to 2025), Palantir Technologies Inc.'s net gains (losses) on investments has grown at a -33.8% compound annual growth rate (CAGR), from -$73.31M to -$21.23M.
What does net gains (losses) on investments mean?
Realized and unrealized gains/losses on investments removed from operating cash flow since they're investing-related.

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