Palantir Technologies (PLTR): financials, SEC filings and peers

Palantir Technologies (PLTR) is an application software company in the Information Technology sector of the S&P 500, headquartered in Aventura, Florida.

It was founded in 2003 and joined the S&P 500 on September 23, 2024.

Its fiscal year ends in December, and its shares trade on the Nasdaq.

In its SEC filings it is classified as “Services-Prepackaged Software”.

Palantir Technologies at a glance

Revenue (12 months): $6.2B
Revenue growth: +78.9%
Operating margin: 42.8%
Net income (12 months): $3.0B
Free cash flow (12 months): $3.4B
Cash: $2.0B
Debt: —
Diluted EPS (12 months): $1.16

Twelve months to June 30, 2026, from the 10-Q filed August 4, 2026.

Latest twelve months

Over the twelve months to June 30, 2026, Palantir Technologies reported revenue of $6.2 billion, up a strong 78.9% from $3.4 billion a year earlier.

Its operating margin was 42.8%, up 26.2 percentage points from a year earlier: for every $100 of sales, about $43 was left as operating profit.

Net income was $3.0 billion (49.0% of revenue), 295.2% higher than a year earlier.

Operating cash flow was $3.4 billion and capital spending $42 million, leaving free cash flow of $3.4 billion (54.6% of revenue).

At the end of the period it held $2.0 billion in cash and not reported in debt, a net cash position of $2.0 billion.

Five-year trend

Revenue went from $1.1 billion in fiscal 2020 to $4.5 billion in fiscal 2025, about 32.6% a year.
Revenue has grown for 5 fiscal years in a row.
Operating margin widened from -107.4% to 31.6% over the same years.
Free cash flow was negative in 1 of the last 6 fiscal years.
Palantir Technologies reported a net loss in 3 of the last 6 fiscal years.

Fiscal year	2021	2022	2023	2024	2025
Revenue	$1.5B	$1.9B	$2.2B	$2.9B	$4.5B
Revenue growth	41.1%	23.6%	16.7%	28.8%	56.2%
Operating margin	-26.7%	-8.5%	5.4%	10.8%	31.6%
Net income	−$520M	−$374M	$210M	$462M	$1.6B
Free cash flow	$321M	$184M	$697M	$1.1B	$2.1B
Diluted EPS	$-0.27	$-0.18	$0.09	$0.19	$0.63

Fiscal years as reported in Palantir Technologies’s 10-K filings. Free cash flow is operating cash flow minus capital spending.

Recent SEC filings

10-Q filed August 4, 2026 — quarterly report
8-K filed August 3, 2026 — Earnings results; Regulation FD disclosure
8-K filed June 9, 2026 — Shareholder vote results
10-Q filed May 5, 2026 — quarterly report
8-K filed May 4, 2026 — Earnings results; Regulation FD disclosure
10-K filed February 17, 2026 — annual report
8-K filed February 2, 2026 — Earnings results; Regulation FD disclosure

All Palantir Technologies filings on SEC EDGAR

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Questions about Palantir Technologies

Is Palantir Technologies's revenue growing?

Yes. Revenue for the twelve months to June 30, 2026 was $6.2 billion, up 78.9% from a year earlier, according to its SEC filings.

Is Palantir Technologies profitable?

Yes. It earned $3.0 billion in net income over the twelve months to June 30, 2026, a net margin of 49.0%.

When did Palantir Technologies last file financial results?

Its latest quarterly report (10-Q) was filed with the SEC on August 4, 2026.

Which companies are similar to Palantir Technologies?

In the S&P 500, Palantir Technologies is grouped in Application Software within the Information Technology sector. Adobe Inc. (ADBE), Autodesk (ADSK), Cadence Design Systems (CDNS), Salesforce (CRM), Datadog (DDOG) are in the same group.

Understand the numbers

Source: Palantir Technologies’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.