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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	327.3%+4.1pp	323.2%+2.1pp	321.1%-0.3pp	321.4%-1.4pp	322.7%-1.2pp
Operating margin	108.1%+25.1pp	83%+20.8pp	62.2%+8.0pp	54.2%+4.8pp	49.4%+4.6pp
Net margin	130.3%+25.4pp	104.9%+20.2pp	84.7%+10.1pp	74.6%+5.9pp	68.8%+5.5pp
EBITDA margin	110.7%+24.7pp	86%+20.2pp	65.8%+7.4pp	58.3%+4.3pp	54.1%+4.1pp
Free cash flow margin	194.1%+9.1pp	185%+7.1pp	177.9%+9.0pp	168.9%+21.6pp	147.3%+14.8pp
Returns
Return on equity	94.2%+20.5pp	73.7%+15.3pp	58.4%+7.4pp	51%+3.7pp	47.3%+3.2pp
Return on assets	76.2%+17.1pp	59.1%+12.8pp	46.3%+6.2pp	40.1%+3.3pp	36.8%+2.9pp
Return on invested capital	96.5%+26.2pp	70.3%+20.1pp	50.2%+7.4pp	42.8%+3.0pp	39.8%+2.5pp
Efficiency
Asset turnover	2.3×+0.1×	2.2×+0.1×	2.2×0.0×	2.1×0.0×	2.1×0.0×
Liquidity
Current ratio	26.8×+0.4×	26.4×+1.2×	25.2×+0.8×	24.4×+0.4×	24×+0.6×
Quick ratio	26.8×+0.4×	26.4×+1.2×	25.2×+0.8×	24.4×+0.4×	24×+0.6×
Cash ratio	5.2×+0.6×	4.6×-0.9×	5.4×+0.6×	4.9×+0.2×	4.7×+0.3×
Leverage
Debt-to-equity	0.1×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.1×0.0×	0.2×0.0×	0.2×0.0×
Net debt / EBITDA	-4.7×+0.7×	-5.4×+4.7×	-10.1×-0.3×	-9.8×-0.4×	-9.5×-0.4×
Per Share
Book value per share	$11.04+11.8%	$9.88+9.3%	$9.04+8.8%	$8.31+8.3%	$7.67+7.8%
Valuation
Market capitalization	$1.54T+10.9%	$1.39T+22.0%	$1.14T+44.2%	$791.26B+55.4%	$509.32B+40.6%
Enterprise value	$1.54T+10.8%	$1.39T+22.2%	$1.14T+44.3%	$787.36B+55.6%	$505.86B+40.8%
Price / earnings	1,252×-194×	1,445.5×-112×	1,557.5×+221×	1,336.6×+304×	1,032.4×+176×
Price / sales	370.9×+3.4×	367.5×+34.5×	333×+79.7×	253.3×+75.6×	177.7×+41.7×
Price / book	221.4×+4.9×	216.5×+22.9×	193.6×+47.2×	146.4×+43.2×	103.2×+23.0×
EV / EBITDA	1,522.4×-281×	1,803×-205×	2,008×+285×	1,722.8×+393×	1,330.2×+233×
EV / sales	369.7×+3.3×	366.4×+34.9×	331.5×+79.5×	252×+75.5×	176.4×+41.6×
Free cash flow yield	2.2%+0.1pp	2.1%-0.2pp	2.2%-0.8pp	3%-0.7pp	3.8%-0.6pp
Earnings yield	1.5%+0.4pp	1.2%+0.1pp	1%-0.3pp	1.4%-0.5pp	1.9%-0.3pp
PEG ratio	9.6×-3.3×	12.9×-2.1×	14.9×+2.5×	12.5×—	——

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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.