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Palantir Technologies Inc. PLTR Commercial — Expenses

Other segment segments

Government
-$229M-23.1%

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PTCTotal Segments — Cost Of Revenue
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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$307.98B+76.7%
Enterprise value$305.87B+76.4%
P/E135×-170×
P/S59×+3.0×

Profitability

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Gross margin84.1%+4.1pp
Operating margin38.1%+25.1pp
Net margin43.7%+25.4pp

Returns & leverage

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Return on equity32.9%+20.5pp
Debt / equity0.0×
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:SegmentReportingOtherItemAmount.

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 commercial — expenses?
Palantir Technologies Inc. (PLTR) reported commercial — expenses of -$211.22M in Q1 2026.
How has Palantir Technologies Inc.'s commercial — expenses changed year-over-year?
Palantir Technologies Inc.'s commercial — expenses decreased by 35.6% year-over-year, from -$155.75M to -$211.22M.
What is the long-term trend for Palantir Technologies Inc.'s commercial — expenses?
Over 2 years (2023 to 2025), Palantir Technologies Inc.'s commercial — expenses has grown at a 21.0% compound annual growth rate (CAGR), from -$482.21M to -$706.53M.
What does commercial — expenses mean?
The total operating costs incurred to support and deliver services to the commercial business segment.
How do you interpret commercial — expenses?
An increase relative to revenue may signal rising customer acquisition costs or operational inefficiencies, while a decrease relative to revenue suggests improved operational leverage.
How does commercial — expenses compare across companies?
Similar to cost of revenue or segment-specific operating expenses reported by other technology firms.