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.

Palantir Technologies Inc. PLTR Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Gross margin	84.1%+1.7pp	82.4%+1.6pp	80.8%+0.8pp	80%0.0pp	80%-0.2pp
Operating margin	38.1%+6.5pp	31.6%+9.8pp	21.8%+5.3pp	16.6%+3.5pp	13%+2.2pp
Net margin	43.7%+7.4pp	36.3%+8.2pp	28.1%+5.9pp	22.2%+3.9pp	18.3%+2.2pp
EBITDA margin	38.6%+6.5pp	32.2%+9.7pp	22.5%+5.1pp	17.4%+3.4pp	14%+2.0pp
Free cash flow margin	51.5%+4.5pp	46.9%+0.9pp	46%-3.6pp	49.7%+7.3pp	42.3%+2.5pp
Returns
Return on equity	32.9%+6.7pp	26.2%+6.5pp	19.8%+4.5pp	15.3%+2.9pp	12.4%+1.5pp
Return on assets	26.9%+5.6pp	21.3%+5.5pp	15.8%+3.6pp	12.2%+2.3pp	9.9%+1.4pp
Return on invested capital	35.8%+5.8pp	30%+11.7pp	18.3%+6.0pp	12.3%+2.7pp	9.6%-0.3pp
Efficiency
Asset turnover	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.5×0.0×	0.5×0.0×
Liquidity
Current ratio	6.9×-0.2×	7.1×+0.7×	6.4×+0.1×	6.3×-0.2×	6.5×+0.5×
Quick ratio	6.9×-0.2×	7.1×+0.7×	6.4×+0.1×	6.3×-0.2×	6.5×+0.5×
Cash ratio	1.7×+0.4×	1.2×-0.2×	1.4×+0.5×	0.9×-0.2×	1×-1.1×
Leverage
Debt-to-equity	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Debt-to-assets	0×0.0×	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Net debt / EBITDA	-1×-0.2×	-0.8×+0.8×	-1.6×-0.4×	-1.2×+0.6×	-1.8×+3.7×
Per Share
Book value per share	$3.29+14.1%	$2.88+12.3%	$2.56+10.8%	$2.31+8.9%	$2.12+4.1%
Valuation
Market capitalization	$349.85B-17.4%	$423.66B-2.1%	$432.76B+28.0%	$338.01B+70.8%	$197.95B+14.9%
Enterprise value	$347.74B-17.7%	$422.43B-2.1%	$431.35B+27.9%	$337.3B+71.1%	$197.18B+15.7%
Price / earnings	153.3×-107×	260.7×-134×	395.1×-47.7×	442.8×+96.0×	346.9×-25.9×
Price / sales	67×-27.7×	94.7×-16.4×	111.1×+12.8×	98.2×+34.7×	63.5×+3.4×
Price / book	41.4×-15.9×	57.3×-8.3×	65.7×+8.7×	57×+20.5×	36.5×+2.1×
EV / EBITDA	172.3×-121×	293.3×-199×	492.5×-71.7×	564.2×+111×	452.9×-45.4×
EV / sales	66.6×-27.8×	94.4×-16.3×	110.7×+12.7×	98×+34.7×	63.3×+3.8×
Free cash flow yield	0.8%+0.3pp	0.5%+0.1pp	0.4%-0.1pp	0.5%-0.2pp	0.7%0.0pp
Earnings yield	0.7%+0.3pp	0.4%+0.1pp	0.3%0.0pp	0.2%-0.1pp	0.3%0.0pp
PEG ratio	0.5×-0.5×	1×-2.0×	3×-2.0×	5×+1.2×	3.8×+0.7×

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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.