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Other financials

Income statement

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Revenue$1.9B+92.8%
Gross profit$1.6B+102%
Operating income$912.0M+239%
Net income$1.1B+225%
EPS (diluted)$0.41+215%

Balance sheet

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Cash & equivalents$2.1B+117%
Total debt$211.4M-11.1%
Total equity$9.8B+64.9%
Total assets$11.7B+58.6%

Cash flow

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Operating cash flow$1.2B+126%
CapEx$14.6M+90.6%
Free cash flow$1.2B+126%

Valuation

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Market cap$374.68B-12.0%
Enterprise value$372.83B-12.3%
P/E124.2×-434×
P/S60.9×-62.9×

Profitability

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Gross margin84.8%+4.8pp
Operating margin42.8%+26.2pp
Net margin49%+26.8pp
FCF margin54.6%+4.9pp

Returns & leverage

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Return on equity38.4%+23.1pp
Debt / equity0.0×
Current ratio7.2×+0.9×

Where this comes from

Reported directly by Palantir Technologies Inc. in its filing.

Tagged under the XBRL concept us-gaap:Liabilities.

The source filing: Palantir Technologies Inc.’s 10-Q, filed August 4, 2026.

Filed
Aug 3, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001321655-26-000041
Line itemAs of June 30,2026As of December 31,2025
Customer deposits, noncurrent53718
Operating lease liabilities, noncurrent211,400183,474
Other noncurrent liabilities12,4397,092
Total liabilities1,793,6801,412,381
Commitments and Contingencies (Note 7)
Palantir's stockholders’ equity:
Common stock, $0.001 par value: 20,000,000 Class A shares authorized as of June 30, 2026 and December 31, 2025; 2,300,517 and 2,290,987 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively; 2,700,000 Class B shares authorized as of June 30, 2026 and December 31, 2025; 101,375 and 99,200 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively; and 1,005 Class F shares authorized, issued, and outstanding as of June 30, 2026 and December 31, 20252,4032,391
Additional paid-in capital11,408,86710,933,325

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Palantir Technologies Inc.'s total liabilities?
Palantir Technologies Inc. (PLTR) reported total liabilities of $1.79B in Q2 2026.
How has Palantir Technologies Inc.'s total liabilities changed year-over-year?
Palantir Technologies Inc.'s total liabilities increased by 33.8% year-over-year, from $1.34B to $1.79B.
What is the long-term trend for Palantir Technologies Inc.'s total liabilities?
Over 5 years (2020 to 2025), Palantir Technologies Inc.'s total liabilities has grown at a 3.9% compound annual growth rate (CAGR), from $1.17B to $1.41B.
What does total liabilities mean?
The sum of all current and non-current obligations — everything the company owes to creditors, employees, governments, and other stakeholders.

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