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Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Profitability
Gross margin84.1%+4.1pp82.4%+2.1pp80.8%-0.3pp80%-1.4pp80%-1.2pp
Operating margin38.1%+25.1pp31.6%+20.8pp21.8%+8.0pp16.6%+4.8pp13%+4.6pp
Net margin43.7%+25.4pp36.3%+20.2pp28.1%+10.1pp22.2%+5.9pp18.3%+5.5pp
Returns
Return on equity32.9%+20.5pp26.2%+15.3pp19.8%+7.4pp15.3%+3.7pp12.4%+3.2pp
Return on invested capital35.8%+26.2pp30%+20.1pp18.3%+7.4pp12.3%+3.0pp9.6%+2.5pp
Efficiency
Asset turnover0.6×+0.1×0.6×+0.1×0.6×0.0×0.5×0.0×0.5×0.0×
Liquidity
Current ratio6.9×+0.4×7.1×+1.2×6.4×+0.8×6.3×+0.4×6.5×+0.6×
Leverage
Debt-to-equity0.0×0.0×0.0×0.0×0.0×
Net debt / EBITDA-1×+0.7×-0.8×+4.7×-1.6×-0.3×-1.2×-0.4×-1.8×-0.4×
Per Share
Book value per share$3.29+54.7%$2.88+41.1%$2.56+40.2%$2.31+37.9%$2.12+35.1%
Valuation
Market capitalization$349.85B+76.7%$423.66B+146%$432.76B+421%$338.01B+503%$197.95B+289%
Price / earnings153.3×-194×260.7×-112×395.1×+221×442.8×+304×346.9×+176×
Price / sales67×+3.4×94.7×+34.5×111.1×+79.7×98.2×+75.6×63.5×+41.7×
Price / book41.4×+4.9×57.3×+22.9×65.7×+47.2×57×+43.2×36.5×+23.0×
EV / EBITDA172.3×-281×293.3×-205×492.5×+285×564.2×+393×452.9×+233×

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Questions, answered.

What are Palantir Technologies Inc.'s profit margins?
Palantir Technologies Inc. (PLTR) runs a 84.1% gross margin and a 38.1% operating margin, with a 43.7% net margin.
Where do Palantir Technologies Inc.'s ratios come from?
Every ratio is computed from Palantir Technologies Inc.'s SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.