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MARKETS / NASDAQ / PLTR
NASDAQ · SERVICES-PREPACKAGED SOFTWARE · LARGE CAP

Palantir Technologies Inc. PLTR

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.5B
▲ 56.2% YoY
$1.6B
▲ 251.6% YoY
$2.1B
▲ 84.1% YoY
In brief

What this company does

Palantir Technologies Inc. builds software that organizations use to integrate their data, decisions, and operations at scale. As of December 31, 2025, the company had 4,429 full-time employees, 28% of whom were employed outside of the United States. Of the $4.5 billion in revenue it generated in 2025, 54% came from customers in the government segment and 46% came from customers in the commercial segment. The company has built four principal software platforms: Palantir Gotham, Palantir Foundry, Palantir Apollo, and its Artificial Intelligence Platform (AIP). Foundry is Palantir's data operations platform, providing capabilities for data management, logic authoring, systemic mapping development through the Palantir Ontology, analytics, and workflow development. AIP is Palantir's generative artificial intelligence platform, providing secure connectivity to third-party-provided large language models, a development toolchain for building AI-powered agents and automations, and AI-enabled end user applications. Palantir was founded in 2003 and started building software for the intelligence community in the United States to assist in counterterrorism investigations and operations.

Written from the business description in Palantir Technologies Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth
USD 4.5B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 4.5 · Net income 1.6
2.0B4.0B-0.4B-0.8B20182019202020212022202320242025
Compound annual growth
+32.9%
+32.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +32.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
37 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 31.6% · Net 36.5%
10%20%30%-50%-100%20182019202020212022202320242025
ROE
FY2025 · ROE 26.2%
10%20%-10%-20%20182019202020212022202320242025

Each USD of equity produced 26 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 2.1
0.8B1.6B-0.2B20182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -54.1
-250.0M-500.0M20182019202020212022202320242025

Total assetsUSD 8.9B
EquityUSD 7.4B
CashUSD 1.4B
Current ratio7.11×

Equity funds 83% of total assets.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B4.52.92.21.91.51.10.70.6
Operating income $B1.40.30.1−0.2−0.4−1.2−0.6−0.6
EBITDA $B1.40.30.2−0.1−0.4−1.2−0.6−0.6
Income tax $B0.00.00.00.00.0−0.00.00.0
Net income $B1.60.50.2−0.4−0.5−1.2−0.6−0.6
Free cash flow $B2.11.10.70.20.3−0.3−0.2−0.1
EPS, diluted $0.630.190.09−0.18−0.27−1.20−1.02−1.17
Dividend / sh $········
Payout %········
ROE %26.210.96.9−15.4−27.3···
Shares out B2.392.242.102.001.931.540.31·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 38 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 57 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Prepackaged Software
Listed onNASDAQ
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2018

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