The Filings Report

Palantir

PLTRNasdaqCIK 1321655Technology / Softwarefiscal year ends December28 quarters since 2019

Revenue, Q2 FY2026
$1.9B
+92.8% on Q2 FY2025
Net income
$1.1B
+225.0% on Q2 FY2025
Free cash flow
$1.2B
+126.0% on Q2 FY2025
Diluted EPS
$0.41
+215.4% on Q2 FY2025
Revenue, TTM
$6.2B
trailing four quarters
Net margin, TTM
49.0%
net income $3.0B
Free cash flow, TTM
$3.4B
$3.4B less $42M capex
Cash and equivalents
$2.0B
long-term debt —, Jun 30, 2026
Shares, 12-month change
—
— shares, Jun 30, 2026
Buybacks, TTM
—
no yield
Dividends, TTM
—
no yield
Market value
—
at the close, buybacks

Latest quarter Q2 FY2026, filed August 4, 2026. Trailing figures sum the latest four quarters. Market values at the latest close, from a market data vendor.

In Q2 FY2026, the quarter ended June 30, 2026, Palantir reported revenue of $1.9B, +92.8% on Q2 FY2025, and net income of $1.1B (+225.0%). Operating margin was 47.1%. Free cash flow, operating cash flow less capital expenditures, was $1.2B ($1.2B less $15M). Diluted earnings per share were $0.41.

The last 16 quarters

Q3 FY2022 to Q2 FY2026, through the filing of August 4, 2026.

Revenue and net incomeRevenueNet income
−$1B$0$1B$2BQ3'22, Revenue: $478MQ3'22, Net income: −$124MQ3'22Q4'22, Revenue: $509MQ4'22, Net income: $31MQ4'22Q1'23, Revenue: $525MQ1'23, Net income: $17MQ1'23Q2'23, Revenue: $533MQ2'23, Net income: $28MQ2'23Q3'23, Revenue: $558MQ3'23, Net income: $72MQ3'23Q4'23, Revenue: $608MQ4'23, Net income: $93MQ4'23Q1'24, Revenue: $634MQ1'24, Net income: $106MQ1'24Q2'24, Revenue: $678MQ2'24, Net income: $134MQ2'24Q3'24, Revenue: $726MQ3'24, Net income: $144MQ3'24Q4'24, Revenue: $828MQ4'24, Net income: $79MQ4'24Q1'25, Revenue: $884MQ1'25, Net income: $214MQ1'25Q2'25, Revenue: $1.0BQ2'25, Net income: $327MQ2'25Q3'25, Revenue: $1.2BQ3'25, Net income: $476MQ3'25Q4'25, Revenue: $1.4BQ4'25, Net income: $609MQ4'25Q1'26, Revenue: $1.6BQ1'26, Net income: $871MQ1'26Q2'26, Revenue: $1.9BQ2'26, Net income: $1.1BQ2'26−$1B$0$1B$2BQ3'22, Revenue: $478MQ3'22, Net income: −$124MQ4'22, Revenue: $509MQ4'22, Net income: $31MQ4'22Q1'23, Revenue: $525MQ1'23, Net income: $17MQ2'23, Revenue: $533MQ2'23, Net income: $28MQ2'23Q3'23, Revenue: $558MQ3'23, Net income: $72MQ4'23, Revenue: $608MQ4'23, Net income: $93MQ4'23Q1'24, Revenue: $634MQ1'24, Net income: $106MQ2'24, Revenue: $678MQ2'24, Net income: $134MQ2'24Q3'24, Revenue: $726MQ3'24, Net income: $144MQ4'24, Revenue: $828MQ4'24, Net income: $79MQ4'24Q1'25, Revenue: $884MQ1'25, Net income: $214MQ2'25, Revenue: $1.0BQ2'25, Net income: $327MQ2'25Q3'25, Revenue: $1.2BQ3'25, Net income: $476MQ4'25, Revenue: $1.4BQ4'25, Net income: $609MQ4'25Q1'26, Revenue: $1.6BQ1'26, Net income: $871MQ2'26, Revenue: $1.9BQ2'26, Net income: $1.1BQ2'26

Net income losses drawn in red.

Free cash flow
$0$500M$1.0B$1.5BQ3'22, Free cash flow: $33MQ3'22Q4'22, Free cash flow: $74MQ4'22Q1'23, Free cash flow: $183MQ1'23Q2'23, Free cash flow: $86MQ2'23Q3'23, Free cash flow: $132MQ3'23Q4'23, Free cash flow: $296MQ4'23Q1'24, Free cash flow: $127MQ1'24Q2'24, Free cash flow: $141MQ2'24Q3'24, Free cash flow: $416MQ3'24Q4'24, Free cash flow: $457MQ4'24Q1'25, Free cash flow: $304MQ1'25Q2'25, Free cash flow: $532MQ2'25Q3'25, Free cash flow: $501MQ3'25Q4'25, Free cash flow: $764MQ4'25Q1'26, Free cash flow: $892MQ1'26Q2'26, Free cash flow: $1.2BQ2'26$0$500M$1.0B$1.5BQ3'22, Free cash flow: $33MQ4'22, Free cash flow: $74MQ4'22Q1'23, Free cash flow: $183MQ2'23, Free cash flow: $86MQ2'23Q3'23, Free cash flow: $132MQ4'23, Free cash flow: $296MQ4'23Q1'24, Free cash flow: $127MQ2'24, Free cash flow: $141MQ2'24Q3'24, Free cash flow: $416MQ4'24, Free cash flow: $457MQ4'24Q1'25, Free cash flow: $304MQ2'25, Free cash flow: $532MQ2'25Q3'25, Free cash flow: $501MQ4'25, Free cash flow: $764MQ4'25Q1'26, Free cash flow: $892MQ2'26, Free cash flow: $1.2BQ2'26

Operating cash flow less capital expenditures; negative quarters in red.

Cash and equivalents against long-term debtCash and equivalentsLong-term debt
$0$1B$2B$3BQ3'22, Cash and equivalents: $2.4BQ3'22Q4'22, Cash and equivalents: $2.6BQ4'22Q1'23, Cash and equivalents: $1.3BQ1'23Q2'23, Cash and equivalents: $1.1BQ2'23Q3'23, Cash and equivalents: $1.0BQ3'23Q4'23, Cash and equivalents: $831MQ4'23Q1'24, Cash and equivalents: $520MQ1'24Q2'24, Cash and equivalents: $513MQ2'24Q3'24, Cash and equivalents: $769MQ3'24Q4'24, Cash and equivalents: $2.1BQ4'24Q1'25, Cash and equivalents: $993MQ1'25Q2'25, Cash and equivalents: $930MQ2'25Q3'25, Cash and equivalents: $1.6BQ3'25Q4'25, Cash and equivalents: $1.4BQ4'25Q1'26, Cash and equivalents: $2.3BQ1'26Q2'26, Cash and equivalents: $2.0BQ2'26$0$1B$2B$3BQ3'22, Cash and equivalents: $2.4BQ4'22, Cash and equivalents: $2.6BQ4'22Q1'23, Cash and equivalents: $1.3BQ2'23, Cash and equivalents: $1.1BQ2'23Q3'23, Cash and equivalents: $1.0BQ4'23, Cash and equivalents: $831MQ4'23Q1'24, Cash and equivalents: $520MQ2'24, Cash and equivalents: $513MQ2'24Q3'24, Cash and equivalents: $769MQ4'24, Cash and equivalents: $2.1BQ4'24Q1'25, Cash and equivalents: $993MQ2'25, Cash and equivalents: $930MQ2'25Q3'25, Cash and equivalents: $1.6BQ4'25, Cash and equivalents: $1.4BQ4'25Q1'26, Cash and equivalents: $2.3BQ2'26, Cash and equivalents: $2.0BQ2'26

Positions at each quarter end, as filed; short-term investments are not included.

Income statement

Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.

Palantir income statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 4, 2026Q1 FY2026ended Mar 31, 2026filed May 5, 2026Q4 FY2025ended Dec 31, 2025filed Feb 17, 2026Q3 FY2025ended Sep 30, 2025filed Nov 4, 2025Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025Q1 FY2025ended Mar 31, 2025filed May 6, 2025Q4 FY2024ended Dec 31, 2024filed Feb 18, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Revenue1,9351,6331,4071,1811,004884828726+92.8%
Cost of revenue297216216207193173175147+53.9%
Gross profit1,6391,4171,191974811711653579+102.1%
Research and development193161144144135135172118+42.6%
Selling, general and administrative195183170162163164182139+19.7%
Operating income91275457539326917611113+238.6%
Other income (expense)9268(17)277(3)15(8)+1292.3%
Pretax income1,08188962148133222381157+225.5%
Income tax15121044648+327.8%
Net income1,06287160947632721479144+225.0%
Diluted EPS ($)0.410.34—0.180.130.08—0.06+215.4%
Diluted shares (millions)2,5692,571—2,5712,5632,553—2,460—

Fourth quarters are the fiscal year less the first nine months when the filer reports no discrete fourth quarter, and are marked. Diluted EPS is never derived, so a derived quarter shows none. Italic figures are derived.

Balance sheet

Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.

Palantir balance sheet, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 4, 2026Q1 FY2026ended Mar 31, 2026filed May 5, 2026Q4 FY2025ended Dec 31, 2025filed Feb 17, 2026Q3 FY2025ended Sep 30, 2025filed Nov 4, 2025Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025Q1 FY2025ended Mar 31, 2025filed May 6, 2025Q4 FY2024ended Dec 31, 2024filed Feb 18, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Cash and equivalents2,0302,2921,4241,6169309932,099769+118.4%
Short-term investments7,3795,7355,7534,8225,0714,4373,1313,796+45.5%
Total current assets11,1009,5528,3587,5866,8906,2835,9345,352+61.1%
Total assets11,67910,1998,9008,1147,3666,7376,3415,768+58.6%
Total current liabilities1,5361,3831,1761,1801,090967996943+40.9%
Long-term debt—————————
Total liabilities1,7941,6431,4121,4261,3401,2181,2461,177+33.8%
Stockholders’ equity9,7748,4507,3876,5905,9295,4245,0034,498+64.9%
Shares outstanding (millions)—————————

Positions at each period end. Nothing on this statement is derived. Long-term debt is the filed noncurrent line only; no total-debt composite is constructed across filers. Italic figures are derived.

Cash flow statement

Last eight quarters, newest first, through Q2 FY2026 filed August 4, 2026.

Palantir cash flow statement, quarterly
Millions of dollarsQ2 FY2026ended Jun 30, 2026filed Aug 4, 2026Q1 FY2026ended Mar 31, 2026filed May 5, 2026Q4 FY2025ended Dec 31, 2025filed Feb 17, 2026Q3 FY2025ended Sep 30, 2025filed Nov 4, 2025Q2 FY2025ended Jun 30, 2025filed Aug 5, 2025Q1 FY2025ended Mar 31, 2025filed May 6, 2025Q4 FY2024ended Dec 31, 2024filed Feb 18, 2025Q3 FY2024ended Sep 30, 2024filed Nov 5, 2024YoYQ2 FY2026vs Q2 FY2025
Operating cash flow1,216899777508539310460420+125.5%
Capital expenditures1571378634+90.6%
Free cash flow (CFO − capex)1,202892764501532304457416+126.0%
Depreciation and amortization87767778+25.9%
Share repurchases——191919181919—
Dividends paid—————————

10-Qs file cash flows as year-to-date totals, so quarterly figures are differenced from consecutive filings and marked. Free cash flow is operating cash flow less capital expenditures, computed from the two filed lines. Italic figures are derived.

Annual statements

Every fiscal year filed, newest first, through FY2025 filed February 17, 2026.

Income statement

Palantir income statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 17, 2026FY2024ended Dec 31, 2024filed Feb 18, 2025FY2023ended Dec 31, 2023filed Feb 20, 2024FY2022ended Dec 31, 2022filed Feb 21, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 26, 2021FY2019ended Dec 31, 2019filed Nov 13, 2020FY2018ended Dec 31, 2018filed Nov 13, 2020
Revenue4,4752,8662,2251,9061,5421,093743595
Cost of revenue789566431409339353242165
Gross profit3,6862,3001,7941,4971,202740500430
Research and development558508405360387561306285
Selling, general and administrative658593524596612669321306
Operating income1,414310120(161)(411)(1,174)(576)(623)
Other income (expense)14(18)(15)(220)(75)4(3)(3)
Pretax income1,657489237(361)(488)(1,179)(567)(571)
Income tax2321201032(13)129
Net income1,625462210(374)(520)(1,166)(580)(580)
Diluted EPS ($)0.630.190.09(0.18)(0.27)(1.20)(1.02)(1.17)
Diluted shares (millions)2,5652,4512,2982,0641,924979577544

Balance sheet

Palantir balance sheet, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 17, 2026FY2024ended Dec 31, 2024filed Feb 18, 2025FY2023ended Dec 31, 2023filed Feb 20, 2024FY2022ended Dec 31, 2022filed Feb 21, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 26, 2021FY2019ended Dec 31, 2019filed Nov 13, 2020FY2018ended Dec 31, 2018filed Nov 13, 2020
Cash and equivalents1,4242,0998312,5992,2912,0111,0791,116
Short-term investments5,7533,1312,84335234———
Total current assets8,3585,9344,1393,0422,8632,2571,214—
Total assets8,9006,3414,5223,4613,2472,6911,594—
Total current liabilities1,176996746588660604729—
Long-term debt————0198396—
Total liabilities1,4121,2469618199561,1681,447—
Stockholders’ equity7,3875,0033,4762,5652,2911,523(1,981)(1,751)
Shares outstanding (millions)————————

Cash flow statement

Palantir cash flow statement, annual
Millions of dollarsFY2025ended Dec 31, 2025filed Feb 17, 2026FY2024ended Dec 31, 2024filed Feb 18, 2025FY2023ended Dec 31, 2023filed Feb 20, 2024FY2022ended Dec 31, 2022filed Feb 21, 2023FY2021ended Dec 31, 2021filed Feb 24, 2022FY2020ended Dec 31, 2020filed Feb 26, 2021FY2019ended Dec 31, 2019filed Nov 13, 2020FY2018ended Dec 31, 2018filed Nov 13, 2020
Operating cash flow2,1341,154712224334(297)(165)(39)
Capital expenditures3413154013121313
Free cash flow (CFO − capex)2,1011,141697184321(309)(178)(52)
Depreciation and amortization2632332315141214
Share repurchases75640004118
Dividends paid————————

Insider activity

Form 4 filings by officers, directors and 10% owners, November 1, 2024 to November 1, 2026. Only open-market purchases and sales count as buys and sells; awards, exercises, tax withholding and gifts are listed in grey and never counted.

Bought, three months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, three months
$107M
46 sales by 7 insiders; officers and directors $107M
Bought, twelve months
$0
0 purchases by 0 insiders; officers and directors $0
Sold, twelve months
$877M
322 sales by 10 insiders; officers and directors $877M

The last 25 transactions

TradedInsiderRoleTransactionSharesPriceValueHeld afterFiled
Oct 28, 2026Taylor Ryan D.See Remarksaward211,208$0.00—485,875Oct 30, 2026
Oct 28, 2026Sankar ShyamSee Remarksaward564,830$0.00—857,616Oct 30, 2026
Oct 28, 2026Glazer David A.See Remarksaward211,208$0.00—679,358Oct 30, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-1600$193.41$116K1MOct 19, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-11,600$195.13$312K1MOct 19, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-12,400$195.89$470K1MOct 19, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-1900$196.80$177K1MOct 19, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-12,700$198.13$535K1MOct 19, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-13,500$199.07$697K1MOct 19, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-14,200$200.15$841K1MOct 19, 2026
Oct 15, 2026Moore Alexander D.Directoropen-market sale10b5-1100$200.66$20K1MOct 19, 2026
Oct 9, 2026Woersching Eric H.Directoropen-market sale10b5-11,000$205.00$205K3,465Oct 14, 2026
Oct 8, 2026Stat Lauren Elaina FriedmanDirectoropen-market sale10b5-15,026$199.00$1M46,402Oct 13, 2026
Oct 8, 2026Taylor Ryan D.See Remarksopen-market sale10b5-118,000$201.15$4M274,667Oct 13, 2026
Oct 1, 2026Stat Lauren Elaina FriedmanDirectoropen-market sale10b5-11,337$189.95$254K51,428Oct 5, 2026
Sep 29, 2026Glazer David A.See Remarksaward92,908$0.00—468,150Oct 1, 2026
Sep 29, 2026Taylor Ryan D.See Remarksaward92,908$0.00—292,667Oct 1, 2026
Sep 15, 2026Moore Alexander D.Directoropen-market sale10b5-11,308$170.26$223K1MSep 17, 2026
Sep 15, 2026Moore Alexander D.Directoropen-market sale10b5-13,901$171.09$667K1MSep 17, 2026
Sep 15, 2026Moore Alexander D.Directoropen-market sale10b5-13,990$172.24$687K1MSep 17, 2026
Sep 15, 2026Moore Alexander D.Directoropen-market sale10b5-12,319$173.05$401K1MSep 17, 2026
Sep 15, 2026Moore Alexander D.Directoropen-market sale10b5-12,129$174.25$371K1MSep 17, 2026
Sep 15, 2026Moore Alexander D.Directoropen-market sale10b5-11,843$175.17$323K1MSep 17, 2026
Sep 15, 2026Moore Alexander D.Directoropen-market sale10b5-1510$176.11$90K1MSep 17, 2026
Sep 1, 2026Stat Lauren Elaina FriedmanDirectoropen-market sale10b5-11,342$182.50$245K52,765Sep 3, 2026

Full insider history for Palantir, or insider activity across all companies. A record of filings, not a recommendation.

Tracked funds holding it

1 of the tracked managers held PLTR in their latest 13F filing, through August 14, 2026. Weight is the share of the fund’s reported portfolio. How the funds have traded PLTR by quarter.

FundManagerQuarterValueSharesWeightMove
Baron Capital GroupRon BaronQ2 2026$14K1230.00%trimmed −99.1%

Sources

Fiscal year ends in month 12; periods are labeled with the issuer's own fiscal calendar. Values are as most recently filed (restatements apply; per-share values are on current split basis per the connector's split table, flagged in adjusted). Flow items flagged in `derived` were computed (Q4 = FY − nine months; quarterly cash flow differenced from year-to-date filings) rather than read from a filing. `reconciliation.repaired` lists periods where a full-year figure was filed in a quarter slot: that row was dropped and the quarter rebuilt from the annual figure. `reconciliation.quarantined` lists periods where four filed quarters do not sum to the filed year — those quarterly values are withheld, so a blank there is a withholding rather than an absence of reporting.

Filer
Palantir Technologies Inc., CIK 1321655 on EDGAR
Extract generated
August 27, 2026
Withheld
none
Repaired
none
XBRL concepts behind each line

Income statement

Revenue: RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenue: CostOfRevenue
Gross profit: GrossProfit
Research and development: ResearchAndDevelopmentExpense
Selling, general and administrative: GeneralAndAdministrativeExpense
Operating income: OperatingIncomeLoss
Other income (expense): OtherNonoperatingIncomeExpense
Pretax income: IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax: IncomeTaxExpenseBenefit
Net income: NetIncomeLoss
Diluted EPS ($): EarningsPerShareDiluted
Diluted shares (millions): WeightedAverageNumberOfDilutedSharesOutstanding

Balance sheet

Cash and equivalents: CashAndCashEquivalentsAtCarryingValue
Short-term investments: MarketableSecuritiesCurrent
Total current assets: AssetsCurrent
Total assets: Assets
Total current liabilities: LiabilitiesCurrent
Long-term debt: LongTermDebtNoncurrent
Total liabilities: Liabilities
Stockholders’ equity: StockholdersEquity
Shares outstanding (millions): not filed

Cash flow statement

Operating cash flow: NetCashProvidedByUsedInOperatingActivities
Capital expenditures: PaymentsToAcquirePropertyPlantAndEquipment
Free cash flow (CFO − capex): not filed
Depreciation and amortization: DepreciationDepletionAndAmortization
Share repurchases: PaymentsForRepurchaseOfCommonStock
Dividends paid: not filed

The data

The statements on this page as files, generated August 27, 2026.

JSON file
/data/financials/PLTR.json