PLTR

Updated: Mar 12, 2026 11:30 AM

Palantir Technologies Inc.

Market Cap: $307.77B P/S: 219x Ownership — Insider: 3.6% | Institutional: 60.9% | Retail: 35.5% TECHNOLOGY SOFTWARE - INFRASTRUCTURE

Palantir Technologies Inc. creates and implements software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. The company is headquartered in Denver, Colorado.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        8/8 dates (100%)
  ✅ grossProfit                         8/8 dates (100%)
  ✅ netIncome                           8/8 dates (100%)

Plot for PLTR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -4.48B                    -2.24B                     0.00B                     2.24B                     4.48B
               |                         |                         |                         |                         |

  2018-12-31 |                                              |  0.60B
  2019-12-31 |                                              |  0.74B
  2020-12-31 |                                       |  -1.17B
  2021-12-31 |                                               |  1.54B
  2022-12-31 |                                                 |  1.91B
  2023-12-31 |                                                     |  2.23B
  2024-12-31 |                                                     |  2.87B
  2025-12-31 |                                                     | 4.48B

               |                         |                         |                         |                         |
               -4.48B                    -2.24B                     0.00B                     2.24B                     4.48B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              8/8 dates (100%)
  ✅ sellingGeneralAndAdministrative     8/8 dates (100%)
  ✅ costofGoodsAndServicesSold          8/8 dates (100%)

Plot for PLTR (in M)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    197.29M                   394.59M                   591.88M                   789.18M
               |                         |                         |                         |                         |

  2018-12-31 |  306.24M
  2019-12-31 |  320.94M
  2020-12-31 |  669.44M
  2021-12-31 |  611.53M
  2022-12-31 |  596.33M
  2023-12-31 |  524.33M
  2024-12-31 |  593.48M
  2025-12-31 |  789.18M

               |                         |                         |                         |                         |
               0.00M                    197.29M                   394.59M                   591.88M                   789.18M

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         8/8 dates (100%)
  ⚠️  shortLongTermDebtTotal              7/8 dates (88%)
  ✅ operatingCashflow                   8/8 dates (100%)

Plot for PLTR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -2.60B                    -1.30B                     0.00B                     1.30B                     2.60B
               |                         |                         |                         |                         |

  2018-12-31 |                                                    |  1.12B ⊗
  2019-12-31 |                                                  |  1.08B
  2020-12-31 |                                               |  2.01B
  2021-12-31 |                                                     |  2.29B
  2022-12-31 |                                                     | 2.60B
  2023-12-31 |                                                     |  0.83B
  2024-12-31 |                                                     |  2.10B
  2025-12-31 |                                                     |  2.13B

               |                         |                         |                         |                         |
               -2.60B                    -1.30B                     0.00B                     1.30B                     2.60B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   8/8 dates (100%)
  ✅ capitalExpenditures                 8/8 dates (100%)

Plot for PLTR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -2.13B                    -1.07B                     0.00B                     1.07B                     2.13B
               |                         |                         |                         |                         |

  2018-12-31 |                                                    |  -0.04B
  2019-12-31 |                                                 |  -0.17B
  2020-12-31 |                                              |  -0.30B
  2021-12-31 |                                                     |  0.33B
  2022-12-31 |                                                     |  0.22B
  2023-12-31 |                                                     |  0.71B
  2024-12-31 |                                                     |  1.15B
  2025-12-31 |                                                     | 2.13B

               |                         |                         |                         |                         |
               -2.13B                    -1.07B                     0.00B                     1.07B                     2.13B

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         8/8 dates (100%)
  ✅ totalLiabilities                    8/8 dates (100%)
  ✅ totalShareholderEquity              8/8 dates (100%)

Plot for PLTR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -8.90B                    -4.45B                     0.00B                     4.45B                     8.90B
               |                         |                         |                         |                         |

  2018-12-31 |                                           |  3.18B
  2019-12-31 |                                         |  3.57B
  2020-12-31 |                                                     |  2.69B
  2021-12-31 |                                                     |  3.25B
  2022-12-31 |                                                     |  3.46B
  2023-12-31 |                                                     |  4.52B
  2024-12-31 |                                                     |  6.34B
  2025-12-31 |                                                     | 8.90B

               |                         |                         |                         |                         |
               -8.90B                    -4.45B                     0.00B                     4.45B                     8.90B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           8/8 dates (100%)
  ⚠️  shortLongTermDebtTotal              7/8 dates (88%)
  ✅ totalShareholderEquity              8/8 dates (100%)

Plot for PLTR (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -7.39B                    -3.69B                     0.00B                     3.69B                     7.39B
               |                         |                         |                         |                         |

  2018-12-31 |                                         | -1.75B ⊗
  2019-12-31 |                                       |  -1.98B
  2020-12-31 |                                             |  1.52B
  2021-12-31 |                                                 |  2.29B
  2022-12-31 |                                                  |  2.57B
  2023-12-31 |                                                     |  3.48B
  2024-12-31 |                                                     |  5.00B
  2025-12-31 |                                                     | 7.39B

               |                         |                         |                         |                         |
               -7.39B                    -3.69B                     0.00B                     3.69B                     7.39B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for PLTR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -1.41B                    -0.70B                     0.00B                     0.70B                     1.41B
               |                         |                         |                         |                         |

  2019-12-31 |                                               |  0.23B
  2020-03-31 |                                                   |  0.23B
  2020-06-30 |                                                 |  0.25B
  2020-09-30 |                     |  -0.85B
  2020-12-31 |                                                |  0.32B
  2021-03-31 |                                                |  0.34B
  2021-06-30 |                                                |  0.38B
  2021-09-30 |                                                 |  0.39B
  2021-12-31 |                                               |  0.43B
  2022-03-31 |                                                 |  0.45B
  2022-06-30 |                                              |  0.47B
  2022-09-30 |                                                |  0.48B
  2022-12-31 |                                                     |  0.51B
  2023-03-31 |                                                     |  0.53B
  2023-06-30 |                                                     |  0.53B
  2023-09-30 |                                                     |  0.56B
  2023-12-31 |                                                     |  0.61B
  2024-03-31 |                                                     |  0.63B
  2024-06-30 |                                                     |  0.68B
  2024-09-30 |                                                     |  0.73B
  2024-12-31 |                                                     |  0.83B
  2025-03-31 |                                                     |  0.88B
  2025-06-30 |                                                     |  1.00B
  2025-09-30 |                                                     |  1.18B
  2025-12-31 |                                                     | 1.41B

               |                         |                         |                         |                         |
               -1.41B                    -0.70B                     0.00B                     0.70B                     1.41B

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for PLTR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    84.74M                    169.49M                   254.23M                   338.98M
               |                         |                         |                         |                         |

  2019-12-31 |  112.21M
  2020-03-31 |  70.77M
  2020-06-30 |  93.29M
  2020-09-30 |  338.98M
  2020-12-31 |  166.41M
  2021-03-31 |  146.57M
  2021-06-30 |  157.96M
  2021-09-30 |  149.52M
  2021-12-31 |  157.48M
  2022-03-31 |  142.31M
  2022-06-30 |  155.49M
  2022-09-30 |  148.68M
  2022-12-31 |  149.86M
  2023-03-31 |  136.23M
  2023-06-30 |  132.65M
  2023-09-30 |  128.17M
  2023-12-31 |  127.27M
  2024-03-31 |  133.98M
  2024-06-30 |  138.64M
  2024-09-30 |  146.64M
  2024-12-31 |  182.15M
  2025-03-31 |  172.97M
  2025-06-30 |  192.93M
  2025-09-30 |  207.31M
  2025-12-31 |  215.97M

               |                         |                         |                         |                         |
               0.00M                    84.74M                    169.49M                   254.23M                   338.98M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ⚠️  shortLongTermDebtTotal              24/25 dates (96%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for PLTR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -2.60B                    -1.30B                     0.00B                     1.30B                     2.60B
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  1.08B
  2020-03-31 |                               | -1.08B ⊗
  2020-06-30 |                                                     |  1.50B
  2020-09-30 |                                                    |  1.80B
  2020-12-31 |                                                    |  2.01B
  2021-03-31 |                                                     |  2.34B
  2021-06-30 |                                                     |  2.34B
  2021-09-30 |                                                     |  2.34B
  2021-12-31 |                                                     |  2.29B
  2022-03-31 |                                                     |  2.27B
  2022-06-30 |                                                     |  2.36B
  2022-09-30 |                                                     |  2.41B
  2022-12-31 |                                                     | 2.60B
  2023-03-31 |                                                     |  1.26B
  2023-06-30 |                                                     |  1.06B
  2023-09-30 |                                                     |  1.04B
  2023-12-31 |                                                     |  0.83B
  2024-03-31 |                                                     |  0.52B
  2024-06-30 |                                                     |  0.51B
  2024-09-30 |                                                     |  0.77B
  2024-12-31 |                                                     |  2.10B
  2025-03-31 |                                                     |  0.99B
  2025-06-30 |                                                     |  0.93B
  2025-09-30 |                                                     |  1.62B
  2025-12-31 |                                                     |  1.42B

               |                         |                         |                         |                         |
               -2.60B                    -1.30B                     0.00B                     1.30B                     2.60B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for PLTR (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -777.29M                  -388.65M                    0.00M                    388.65M                   777.29M
               |                         |                         |                         |                         |

  2019-12-31 |                                                     |  334.83M
  2020-03-31 |                                  |  -287.18M
  2020-06-30 |                                                     |  60.85M
  2020-09-30 |                                                  |  -51.99M
  2020-12-31 |                                                    |  -18.29M
  2021-03-31 |                                                     |  116.88M
  2021-06-30 |                                                     |  22.75M
  2021-09-30 |                                                     |  100.79M
  2021-12-31 |                                                     |  93.43M
  2022-03-31 |                                                     |  35.48M
  2022-06-30 |                                                     |  62.43M
  2022-09-30 |                                                     |  47.07M
  2022-12-31 |                                                     |  78.76M
  2023-03-31 |                                                     |  187.38M
  2023-06-30 |                                                     |  90.19M
  2023-09-30 |                                                     |  133.44M
  2023-12-31 |                                                     |  301.17M
  2024-03-31 |                                                     |  129.58M
  2024-06-30 |                                                     |  144.19M
  2024-09-30 |                                                     |  419.77M
  2024-12-31 |                                                     |  460.33M
  2025-03-31 |                                                     |  310.26M
  2025-06-30 |                                                     |  538.25M
  2025-09-30 |                                                     |  507.66M
  2025-12-31 |                                                     | 777.29M

               |                         |                         |                         |                         |
               -777.29M                  -388.65M                    0.00M                    388.65M                   777.29M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ⚠️  totalAssets                         24/25 dates (96%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for PLTR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -8.90B                    -4.45B                     0.00B                     4.45B                     8.90B
               |                         |                         |                         |                         |

  2019-12-31 |                                         |  3.57B
  2020-03-31 |                                                    |  -0.15B ⊗
  2020-06-30 |                                                     |  1.89B
  2020-09-30 |                                                     |  2.60B
  2020-12-31 |                                                     |  2.69B
  2021-03-31 |                                                     |  3.01B
  2021-06-30 |                                                     |  3.08B
  2021-09-30 |                                                     |  3.22B
  2021-12-31 |                                                     |  3.25B
  2022-03-31 |                                                     |  3.32B
  2022-06-30 |                                                     |  3.28B
  2022-09-30 |                                                     |  3.32B
  2022-12-31 |                                                     |  3.46B
  2023-03-31 |                                                     |  3.68B
  2023-06-30 |                                                     |  3.98B
  2023-09-30 |                                                     |  4.19B
  2023-12-31 |                                                     |  4.52B
  2024-03-31 |                                                     |  4.81B
  2024-06-30 |                                                     |  5.19B
  2024-09-30 |                                                     |  5.77B
  2024-12-31 |                                                     |  6.34B
  2025-03-31 |                                                     |  6.74B
  2025-06-30 |                                                     |  7.37B
  2025-09-30 |                                                     |  8.11B
  2025-12-31 |                                                     | 8.90B

               |                         |                         |                         |                         |
               -8.90B                    -4.45B                     0.00B                     4.45B                     8.90B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ⚠️  shortLongTermDebtTotal              24/25 dates (96%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for PLTR (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -7.39B                    -3.69B                     0.00B                     3.69B                     7.39B
               |                         |                         |                         |                         |

  2019-12-31 |                                       |  -1.98B
  2020-03-31 |                                                    |  0.15B ⊗
  2020-06-30 |                                                    |  0.76B
  2020-09-30 |                                               |  1.25B
  2020-12-31 |                                                    |  1.52B
  2021-03-31 |                                                    |  1.81B
  2021-06-30 |                                                    |  2.07B
  2021-09-30 |                                                    |  2.25B
  2021-12-31 |                                                    |  2.29B
  2022-03-31 |                                                    |  2.36B
  2022-06-30 |                                                    |  2.35B
  2022-09-30 |                                                    |  2.39B
  2022-12-31 |                                                     |  2.57B
  2023-03-31 |                                                     |  2.72B
  2023-06-30 |                                                     |  2.96B
  2023-09-30 |                                                     |  3.19B
  2023-12-31 |                                                     |  3.48B
  2024-03-31 |                                                     |  3.78B
  2024-06-30 |                                                     |  4.05B
  2024-09-30 |                                                     |  4.50B
  2024-12-31 |                                                     |  5.00B
  2025-03-31 |                                                     |  5.42B
  2025-06-30 |                                                     |  5.93B
  2025-09-30 |                                                     |  6.59B
  2025-12-31 |                                                     | 7.39B

               |                         |                         |                         |                         |
               -7.39B                    -3.69B                     0.00B                     3.69B                     7.39B

Price History

Volume

Advanced Chart