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%+4.1pp	82.4%+2.1pp	80.8%-0.3pp	80%-1.4pp	80%-1.2pp
Operating margin	38.1%+25.1pp	31.6%+20.8pp	21.8%+8.0pp	16.6%+4.8pp	13%+4.6pp
Net margin	43.7%+25.4pp	36.3%+20.2pp	28.1%+10.1pp	22.2%+5.9pp	18.3%+5.5pp
EBITDA margin	38.6%+24.7pp	32.2%+20.2pp	22.5%+7.4pp	17.4%+4.3pp	14%+4.1pp
Free cash flow margin	51.5%+9.1pp	46.9%+7.1pp	46%+9.0pp	49.7%+21.6pp	42.3%+14.8pp
Returns
Return on equity	32.9%+20.5pp	26.2%+15.3pp	19.8%+7.4pp	15.3%+3.7pp	12.4%+3.2pp
Return on assets	26.9%+17.1pp	21.3%+12.8pp	15.8%+6.2pp	12.2%+3.3pp	9.9%+2.9pp
Return on invested capital	35.8%+26.2pp	30%+20.1pp	18.3%+7.4pp	12.3%+3.0pp	9.6%+2.5pp
Efficiency
Asset turnover	0.6×+0.1×	0.6×+0.1×	0.6×0.0×	0.5×0.0×	0.5×0.0×
Liquidity
Current ratio	6.9×+0.4×	7.1×+1.2×	6.4×+0.8×	6.3×+0.4×	6.5×+0.6×
Quick ratio	6.9×+0.4×	7.1×+1.2×	6.4×+0.8×	6.3×+0.4×	6.5×+0.6×
Cash ratio	1.7×+0.6×	1.2×-0.9×	1.4×+0.6×	0.9×+0.2×	1×+0.3×
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×+0.7×	-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%
Enterprise value	$347.74B+76.4%	$422.43B+148%	$431.35B+423%	$337.3B+505%	$197.18B+290%
Price / earnings	153.3×-194×	260.7×-112×	395.1×+221×	442.8×+304×	346.9×+176×
Price / sales	67×+3.4×	94.7×+34.5×	111.1×+79.7×	98.2×+75.6×	63.5×+41.7×
Price / book	41.4×+4.9×	57.3×+22.9×	65.7×+47.2×	57×+43.2×	36.5×+23.0×
EV / EBITDA	172.3×-281×	293.3×-205×	492.5×+285×	564.2×+393×	452.9×+233×
EV / sales	66.6×+3.3×	94.4×+34.9×	110.7×+79.5×	98×+75.5×	63.3×+41.6×
Free cash flow yield	0.8%+0.1pp	0.5%-0.2pp	0.4%-0.8pp	0.5%-0.7pp	0.7%-0.6pp
Earnings yield	0.7%+0.4pp	0.4%+0.1pp	0.3%-0.3pp	0.2%-0.5pp	0.3%-0.3pp
PEG ratio	0.5×-3.3×	1×-2.1×	3×+2.5×	5×—	3.8×—

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Palantir Technologies Inc..

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.