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%+4.5pp	323.2%-0.7pp	321.1%-3.2pp	321.4%-1.7pp	322.7%+1.9pp
Operating margin	108.1%+58.7pp	83%+38.1pp	62.2%+22.8pp	54.2%+26.9pp	49.4%+37.1pp
Net margin	130.3%+61.5pp	104.9%+41.7pp	84.7%+28.2pp	74.6%+30.6pp	68.8%+44.9pp
EBITDA margin	110.7%+56.6pp	86%+36.1pp	65.8%+20.9pp	58.3%+25.2pp	54.1%+35.8pp
Free cash flow margin	194.1%+46.8pp	185%+52.5pp	177.9%+53.9pp	168.9%+59.6pp	147.3%+47.8pp
Returns
Return on equity	94.2%+46.9pp	73.7%+29.7pp	58.4%+18.3pp	51%+19.1pp	47.3%+29.9pp
Return on assets	76.2%+39.4pp	59.1%+25.2pp	46.3%+15.7pp	40.1%+15.9pp	36.8%+23.6pp
Return on invested capital	96.5%+56.7pp	70.3%+33.0pp	50.2%+15.6pp	42.8%+16.3pp	39.8%+28.3pp
Efficiency
Asset turnover	2.3×+0.2×	2.2×+0.1×	2.2×0.0×	2.1×-0.1×	2.1×-0.1×
Liquidity
Current ratio	26.8×+2.7×	26.4×+2.9×	25.2×+2.2×	24.4×+1.5×	24×+1.8×
Quick ratio	26.8×+2.7×	26.4×+2.9×	25.2×+2.2×	24.4×+1.5×	24×+1.8×
Cash ratio	5.2×+0.5×	4.6×+0.2×	5.4×+2.1×	4.9×+0.8×	4.7×-0.3×
Leverage
Debt-to-equity	0.1×-0.1×	0.2×-0.1×	0.2×-0.1×	0.2×-0.1×	0.2×-0.1×
Debt-to-assets	0.1×-0.1×	0.1×-0.1×	0.1×-0.1×	0.2×-0.1×	0.2×0.0×
Net debt / EBITDA	-4.7×+4.8×	-5.4×+3.7×	-10.1×-2.4×	-9.8×+8.4×	-9.5×—
Per Share
Book value per share	$11.04+43.9%	$9.88+38.8%	$9.04+37.2%	$8.31+35.4%	$7.67+33.3%
Valuation
Market capitalization	$1.54T+203%	$1.39T+284%	$1.14T+401%	$791.26B+342%	$509.32B+226%
Enterprise value	$1.54T+204%	$1.39T+286%	$1.14T+403%	$787.36B+345%	$505.86B+229%
Price / earnings	1,252×+220×	1,445.5×+589×	1,557.5×+895×	1,336.6×+551×	1,032.4×—
Price / sales	370.9×+193×	367.5×+232×	333×+240×	253.3×+176×	177.7×+106×
Price / book	221.4×+118×	216.5×+136×	193.6×+137×	146.4×+97.4×	103.2×+56.9×
EV / EBITDA	1,522.4×+192×	1,803×+706×	2,008×+1,168×	1,722.8×+602×	1,330.2×—
EV / sales	369.7×+193×	366.4×+232×	331.5×+240×	252×+175×	176.4×+106×
Free cash flow yield	2.2%-1.6pp	2.1%-2.3pp	2.2%-3.3pp	3%-2.7pp	3.8%-1.9pp
Earnings yield	1.5%-0.3pp	1.2%-1.0pp	1%-1.4pp	1.4%-0.8pp	1.9%+0.6pp
PEG ratio	9.6×—	12.9×—	14.9×—	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.