Palantir builds data-integration and analytics platforms used by defense agencies, intelligence services, and commercial enterprises.
For the fiscal year ended December 31, 2025, Palantir Technologies Inc. reported revenue of $4.5B and net income of $1.6B, with operating cash flow of $2.1B. Source: Form 10-K filed February 17, 2026
Reported SEC XBRL figures. Each metric’s period and original filing are listed below.
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Its AI platform for operational decision-making has driven rapid growth in its commercial business.
Reported figures from Palantir Technologies Inc.'s filings, pulled directly from SEC XBRL data rather than a third-party terminal. Each row links to the filing it came from.
| Metric | Value | Period | Source |
|---|---|---|---|
| Revenue | $4.5B | 2025-01-01 – 2025-12-31 | SEC filing |
| Net income | $1.6B | 2025-01-01 – 2025-12-31 | SEC filing |
| Operating cash flow | $2.1B | 2025-01-01 – 2025-12-31 | SEC filing |
| Diluted EPS | $0.63 | 2025-01-01 – 2025-12-31 | SEC filing |
| Net margin | 36.3% | 2025-01-01 – 2025-12-31 | SEC filing |
Values are as tagged by the issuer in XBRL. Revenue for banks and insurers is net of interest expense where that is the reported line. Fiscal years that do not follow the calendar are shown by their period-end date. No price, market cap, or valuation multiple is shown because Yield Theory does not republish unlicensed market data.
Diluted EPS is the earnings figure behind the price-to-earnings ratio; the P/E multiple compression calculator shows how a change in that multiple moves a share price.
For Palantir Technologies Inc., the most important recurring operating and market variables are:
Each question starts with what the filings show, then why it matters. None of these is a rating or a forecast.
Weigh dependence on government contract renewals and budget cycles against the growth optionality of the commercial business. Heavy government concentration can mean lumpy, politically sensitive revenue even as it provides a defensible moat.
Track how bootcamp-style AIP pilots convert into larger, multi-year contracts, and whether commercial customer counts and average deal size keep climbing. Slower conversion would undercut the growth priced into the stock.
Compare Palantir's platform against legacy government IT contractors and the AI tooling now offered directly by cloud hyperscalers. Its integration depth is a differentiator, but hyperscaler bundling could pressure pricing over time.
Assess free cash flow and revenue growth against a valuation that already assumes years of continued expansion. Any deceleration in growth could compress the multiple more than it would for a lower-priced peer.
Operating cash flow was $2.1B, 1.31 times net income of $1.6B, for the fiscal year ended December 31, 2025.
Cash from operations exceeded reported earnings. Non-cash charges such as depreciation, amortization and stock-based compensation usually explain the gap; the cash-flow statement shows which.
Net income was 36.3% of revenue for the fiscal year ended December 31, 2025, based on revenue and net income reported for the same period.
Net margin reflects the business model as much as execution, so compare it with companies in the same SEC industry and read the income statement for one-time items before treating it as a run rate.
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Read the full researchHow we source and review company pages: research methodology.
| Politician | Trade date | Type | Owner | Amount | Source |
|---|---|---|---|---|---|
| Gilbert Cisneros | 2026-07-17 | Purchase | Self | $1,001 - $15,000 | Filing #20035190 |
| John Boozman | 2026-05-15 | Purchase | Joint | $1,001 - $15,000 | Filing #2e076759-19df-458d-a3be-53610b8be5d0 |
| Gilbert Cisneros | 2026-05-15 | Sale | Self | $1,001 - $15,000 | Filing #20034713 |
| Gilbert Cisneros | 2026-05-08 | Sale | Self | $1,001 - $15,000 | Filing #20034713 |
| Michael Rulli | 2026-05-06 | Sale | Self | $1,001 - $15,000 | Filing #20035147 |
| Gilbert Cisneros | 2026-04-14 | Purchase | Self | $15,001 - $50,000 | Filing #20034500 |
| Alan Armstrong | 2026-03-27 | Purchase | Self | $15,001 - $50,000 | Filing #fda235b3-bad7-4637-8fa1-053f354d929c |
| Gilbert Cisneros | 2026-03-16 | Purchase | Self | $1,001 - $15,000 | Filing #20034285 |
| Gilbert Cisneros | 2026-03-16 | Sale | Self | $1,001 - $15,000 | Filing #20034285 |
| Gilbert Cisneros | 2026-03-13 | Sale | Self | $15,001 - $50,000 | Filing #20034285 |
All verified PLTR congressional disclosures
Congressional disclosures are delayed, range-based records—not real-time signals or proof of motive. See the source-linked tracker for scope and limitations.
Palantir builds data-integration and analytics platforms used by defense agencies, intelligence services, and commercial enterprises.
For the fiscal year ended December 31, 2025, Palantir Technologies Inc. reported revenue of $4.5B and net income of $1.6B, with operating cash flow of $2.1B. The figures come from Palantir Technologies Inc.'s SEC XBRL filings.
The SEC lists Palantir Technologies Inc.'s fiscal year end as December 31.
The current verified House and Senate snapshot contains 50 transaction rows for PLTR, each linked to the original filing.
Palantir Technologies Inc. is headquartered in Denver, Colorado and was founded in 2003.
This page does not rate PLTR as a buy or sell. It sets out what Palantir Technologies Inc. reports, what investors should watch and the questions a thesis has to answer, with links to the SEC filings. It is research, not investment advice.
This page is independent research and educational information, not investment advice or a recommendation to buy or sell any security. Company facts are compiled from public sources. Do your own research.
Financials describe the business. The next question is which assumptions an investment thesis depends on. Explore the member reports below for analysis of catalysts, risks, and what would change the view. $39/month or $249/year.
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