Software company specializing in big data analytics and AI-powered platforms for government agencies and commercial enterprises.
Profile & Fundamentals
Palantir Technologies: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Palantir Technologies Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that helps organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric, aerial, and land-based ISR missions. The company has a strategic collaboration with NVIDIA to deliver an intelligent engine for running NVIDIA AI and Nemotron open models in sovereign environments and with PwC to transform critical business operations and deliver measurable enterprise value. The company was incorporated in 2003 and is headquartered in Aventura, Florida.
Company profile record
Palantir Technologies Inc.
Common Stock · Information Technology · Systems Software
Company
- Company / asset
- Palantir Technologies Inc.
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Systems Software
- HQ
- 🇺🇸 United States
- Head office
- 19505 Biscayne Blvd, Aventura, FL, United States, 33180
Leadership & scale
- Chief executive
- Dr. Alexander C. Karp J.D.
- CEO year born
- 1967
- Full-time employees
- 4.4K
- Fiscal year end
- December
- IPO date
- 2020-09-30
Fundamentals snapshot
- Market Cap
- USD 493.6B
- P/E
- 163.6x
- Revenue (Q2 26)
- USD 1.9B
- Profit (Q2 26)
- USD 1.1B
- Dividend Yield
- --
- Revenue (FY 25)
- USD 4.5B
- Shares in public float
- 2.1B
- Insider ownership
- 3.48%
Reporting & identifiers
- Symbol
- PLTR.NYSE
- Listing
- 🇺🇸 United States | Dividend Tax: 30%
- Ticker Currency
- USD
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- US69608A1088
- Asset ID
- equity_7e8a395b-3e8d-5baf-90d4-19f11971fe98
Ownership
Shares Outstanding
Latest: 2.6B | Max: 2.6B | Min: 544.0M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
82.11%
2.1B latest reported shares
Insider Ownership
3.48%
Latest reported insider stake
Short Float
0.03%
Latest reported short interest / float
Top Holders
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2018-01-01 | 544,000,000 |
| 2019-01-01 | 905,462,000 |
| 2020-01-01 | 1,763,513,900 |
| 2021-01-01 | 2,011,764,000 |
| 2022-01-01 | 2,203,733,000 |
| 2023-01-01 | 2,357,742,000 |
| 2024-01-01 | 2,528,279,000 |
| 2025-01-01 | 2,573,497,000 |
| 2026-01-01 | 2,569,826,000 |
Top Holders
Available reported ownership records.
Scroll the table to see every column.
| Holder | Shares | Ownership | Reported date |
|---|---|---|---|
| BlackRock Inc | 188,990,971 | 7.86% | 2026-03-31 |
| Vanguard Capital Management, LLC | 144,837,529 | 6.03% | 2026-03-31 |
| State Street Corp | 101,626,594 | 4.23% | 2026-03-31 |
| Vanguard MStar Total Stk Mkt Idx Invest | 69,320,863 | 2.88% | 2026-08-31 |
| Amvescap Plc. | 68,975,036 | 2.87% | 2026-03-31 |
| Vanguard 500 Index Investor | 61,005,134 | 2.54% | 2026-08-31 |
| Geode Capital Management, LLC | 55,871,332 | 2.33% | 2026-03-31 |
| Vanguard Portfolio Management, LLC | 50,022,230 | 2.08% | 2026-03-31 |
| Invesco QQQ Trust | 49,392,938 | 2.06% | 2026-08-31 |
| Morgan Stanley - Brokerage Accounts | 32,202,689 | 1.34% | 2026-03-31 |
| NORGES BANK | 31,076,211 | 1.29% | 2026-06-30 |
| iShares Core S&P 500 ETF | 30,575,784 | 1.27% | 2026-08-31 |
| Fidelity 500 Index | 29,690,596 | 1.24% | 2026-07-31 |
| State Street® SPDR® S&P 500® ETF | 28,139,901 | 1.17% | 2026-08-31 |
| Vanguard MStar Growth Index Investor | 22,994,785 | 0.96% | 2026-08-31 |
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
Palantir's financial results demonstrate an extraordinary operational transformation, turning once-modest software consulting revenues into prolific corporate earnings. Trailing revenue has surpassed $6.16 billion, punctuated by recent quarterly growth of over 90% driven by rapid commercial adoption and expanding defense contracts. Crucially, this top-line surge converts directly into cash, generating $3.36 billion in trailing free cash flow with profit margins near 50%. While reported net income is partially flattered by interest earned on its large cash hoard, underlying operating profits reflect genuine, high-quality software scalability.
Palantir's financial results demonstrate an extraordinary operational transformation, turning once-modest software consulting revenues into prolific corporate earnings. Trailing revenue has surpassed $6.16 billion, punctuated by recent quarterly growth of over 90% driven by rapid commercial adoption and expanding defense contracts. Crucially, this top-line surge converts directly into cash, generating $3.36 billion in trailing free cash flow with profit margins near 50%. While reported net income is partially flattered by interest earned on its large cash hoard, underlying operating profits reflect genuine, high-quality software scalability.
Revenue, Net Income, and Free Cash Flow
Latest: USD 4.5B | Max: USD 4.5B | Min: USD -1.2B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: >100x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability margins have expanded dramatically, reflecting the immense power of standardized software distribution. Gross profit margins hold firm above 82%, while operating margins have surged from single digits into the 40% range as automated onboarding bootcamps replace customized manual engineering. Because existing customers can expand their software usage with almost zero added cost to Palantir, incremental sales drop straight to the bottom line. While current peak margins may stabilize as competition intensifies, the company's structural pricing power remains exceptionally strong.
Profitability margins have expanded dramatically, reflecting the immense power of standardized software distribution. Gross profit margins hold firm above 82%, while operating margins have surged from single digits into the 40% range as automated onboarding bootcamps replace customized manual engineering. Because existing customers can expand their software usage with almost zero added cost to Palantir, incremental sales drop straight to the bottom line. While current peak margins may stabilize as competition intensifies, the company's structural pricing power remains exceptionally strong.
Profitability Margins
Latest: 82.4% | Max: 82.4% | Min: <-100.0%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
82.4%
Gross profit / revenue
Operating Margin
31.6%
Operating income / revenue
Net Margin
36.3%
Net income / revenue
FCF Margin
46.9%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2018-12-31 | 595,409,000 | -580,027,000 | -52,016,000 |
| 2019-12-31 | 742,555,000 | -579,646,000 | -178,311,000 |
| 2020-12-31 | 1,092,673,000 | -1,166,391,000 | -308,844,000 |
| 2021-12-31 | 1,541,889,000 | -520,379,000 | 321,224,000 |
| 2022-12-31 | 1,905,871,000 | -373,705,000 | 183,710,000 |
| 2023-12-31 | 2,225,012,000 | 209,825,000 | 697,069,000 |
| 2024-12-31 | 2,865,507,000 | 462,190,000 | 1,141,231,000 |
| 2025-12-31 | 4,475,446,000 | 1,625,033,000 | 2,100,591,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 281.5 | Trailing four quarters |
| 2024-12-31 | 413.71 | Trailing four quarters |
| 2023-12-31 | 192.93 | Trailing four quarters |
Profitability Margins
Matching annual reporting dates. Values are percentages.
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| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2018-12-31 | 72.22 | -104.71 | -97.42 | -8.74 |
| 2019-12-31 | 67.36 | -77.63 | -78.06 | -24.01 |
| 2020-12-31 | 67.74 | -107.41 | -106.75 | -28.26 |
| 2021-12-31 | 77.99 | -26.66 | -33.75 | 20.83 |
| 2022-12-31 | 78.56 | -8.46 | -19.61 | 9.64 |
| 2023-12-31 | 80.62 | 5.39 | 9.43 | 31.33 |
| 2024-12-31 | 80.25 | 10.83 | 16.13 | 39.83 |
| 2025-12-31 | 82.37 | 31.59 | 36.31 | 46.94 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-09-29.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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