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Palantir Technologies Inc. PLTR Government — Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
Line itemThree Months Ended June 30, 2026 / AmountThree Months Ended June 30, 2026 / %Three Months Ended June 30, 2025 / AmountThree Months Ended June 30, 2025 / %Six Months Ended June 30, 2026 / AmountSix Months Ended June 30, 2026 / %Six Months Ended June 30, 2025 / AmountSix Months Ended June 30, 2025 / %
Contribution:
Government revenue$990,032$552,983$1,848,442$1,039,946
Expenses attributable to government segment(288,926)(202,571)(517,925)(388,574)
Government contribution701,10671%350,41263%1,330,51772%651,37263%
Commercial revenue945,432450,7141,719,605847,606
Expenses attributable to commercial segment(210,488)(163,138)(421,705)(318,885)
Commercial contribution734,94478%287,57664%1,297,90075%528,72162%
Total contribution$1,436,05074%$637,98864%$2,628,41774%$1,180,09363%

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Palantir Technologies Inc.'s government — revenue?
Palantir Technologies Inc. (PLTR) reported government — revenue of $990.03M in Q2 2026.
How has Palantir Technologies Inc.'s government — revenue changed year-over-year?
Palantir Technologies Inc.'s government — revenue increased by 79.0% year-over-year, from $552.98M to $990.03M.
What is the long-term trend for Palantir Technologies Inc.'s government — revenue?
Over 3 years (2022 to 2025), Palantir Technologies Inc.'s government — revenue has grown at a 30.9% compound annual growth rate (CAGR), from $1.07B to $2.4B.
What does government — revenue mean?
This metric represents the total gross revenue generated from contracts and services provided to government entities. It reflects the scale of the company's public sector business and the demand for its analytical software platforms within government agencies. Growth in this area indicates successful expansion of government-focused product adoption and contract renewals.

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