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Segments

By segment

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Government$990.03M+79.0%

By geography

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Rest of world$362.42M

Other financials

Income statement

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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$426.54B+14.7%
Enterprise value$424.69B+14.4%
P/E141.4×-346×
P/S69.3×-38.8×

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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$1,935,464$1,003,697$3,568,047$1,887,552
Cost of revenue296,870192,934512,668365,904
Gross profit1,638,594810,7633,055,3791,521,648
Operating expenses:
Sales and marketing339,500243,788658,720480,097
Research and development192,513135,043353,494269,932
General and administrative194,577162,615377,163326,254
Total operating expenses726,590541,4461,389,3771,076,283

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Palantir Technologies Inc.'s total revenue?
Palantir Technologies Inc. (PLTR) reported total revenue of $1.94B in Q2 2026.
How has Palantir Technologies Inc.'s total revenue changed year-over-year?
Palantir Technologies Inc.'s total revenue increased by 92.8% year-over-year, from $1B to $1.94B.
What is the long-term trend for Palantir Technologies Inc.'s total revenue?
Over 4 years (2021 to 2025), Palantir Technologies Inc.'s total revenue has grown at a 30.5% compound annual growth rate (CAGR), from $1.54B to $4.48B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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