What is Palantir Technologies Inc.'s net income?

Palantir Technologies Inc. (PLTR) reported net income of $876.4M in Q1 2026.

How has Palantir Technologies Inc.'s net income changed year-over-year?

Palantir Technologies Inc.'s net income increased by 302.5% year-over-year, from $217.72M to $876.4M.

What is the long-term trend for Palantir Technologies Inc.'s net income?

Over 4 years (2021 to 2025), Palantir Technologies Inc.'s net income has grown at a 33.1% compound annual growth rate (CAGR), from -$520.38M to $1.63B.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

Palantir Technologies Inc. PLTR Net Income

Net Income at other companies

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$2.02M+124%

Lockheed MartinLMT

$1.49B-13.1%

AccentureACN

$2.34B+6.4%

C3.aiAI

-$133.36M-66.3%

SnowflakeSNOW

-$295.57M+31.3%

BigBear.aiBBAI

-$56.76M+8.4%

Other financials

Income statement

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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

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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

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Operating cash flow$899.2M+190%

CapEx$7.4M+19.7%

Free cash flow$891.8M+193%

Valuation

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Market cap$279.69B-17.8%

Enterprise value$277.58B-18.3%

P/E122.6×-323×

P/S53.5×-45.4×

Profitability

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Gross margin84.1%+4.1pp

Operating margin38.1%+25.1pp

Net margin43.7%+25.4pp

FCF margin51.5%+9.1pp

Returns & leverage

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Return on equity32.9%+20.5pp

Debt / equity0×0.0×

Current ratio6.9×+0.4×

Where this comes from

Reported directly by Palantir Technologies Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: Palantir Technologies Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Palantir Technologies Inc.'s net income?: Palantir Technologies Inc. (PLTR) reported net income of $876.4M in Q1 2026.
How has Palantir Technologies Inc.'s net income changed year-over-year?: Palantir Technologies Inc.'s net income increased by 302.5% year-over-year, from $217.72M to $876.4M.
What is the long-term trend for Palantir Technologies Inc.'s net income?: Over 4 years (2021 to 2025), Palantir Technologies Inc.'s net income has grown at a 33.1% compound annual growth rate (CAGR), from -$520.38M to $1.63B.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.