Palantir Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,475	2,866	2,225	1,906	1,542
Revenue Growth (YoY)	56.18%	28.79%	16.74%	23.61%	41.11%
Cost of Revenue	789.18	565.99	431.11	408.55	339.4
Gross Profit	3,686	2,300	1,794	1,497	1,202
Selling, General & Admin	1,715	1,481	1,269	1,299	1,226
Research & Development	557.68	507.88	404.62	359.68	387.49
Operating Expenses	2,272	1,989	1,674	1,659	1,614
Operating Income	1,414	310.4	119.97	-161.2	-411.05
Interest Expense	-	-	-	-	-3.64
Interest & Investment Income	229.18	196.79	132.57	20.31	1.61
Other Non Operating Income (Expenses)	35.4	1.28	-2.29	51.97	-2.62
EBT Excluding Unusual Items	1,679	508.48	250.25	-88.92	-415.69
Gain (Loss) on Sale of Investments	-21.23	-19.31	-13.16	-272.11	-72.8
Pretax Income	1,657	489.17	237.09	-361.03	-488.49
Income Tax Expense	22.72	21.26	19.72	10.07	31.89
Earnings From Continuing Operations	1,635	467.92	217.38	-371.09	-520.38
Minority Interest in Earnings	-9.61	-5.73	-7.55	-2.61	-
Net Income	1,625	462.19	209.83	-373.71	-520.38
Net Income to Common	1,625	462.19	209.83	-373.71	-520.38
Net Income Growth	251.59%	120.27%	-	-	-
Shares Outstanding (Basic)	2,370	2,250	2,147	2,064	1,924
Shares Outstanding (Diluted)	2,565	2,451	2,298	2,064	1,924
Shares Change (YoY)	4.67%	6.65%	11.34%	7.29%	96.42%
EPS (Basic)	0.69	0.21	0.10	-0.18	-0.27
EPS (Diluted)	0.63	0.19	0.09	-0.18	-0.27
EPS Growth	231.58%	111.11%	-	-	-
Free Cash Flow	2,101	1,141	697.07	183.71	321.22
Free Cash Flow Per Share	0.82	0.47	0.30	0.09	0.17
Gross Margin	82.37%	80.25%	80.63%	78.56%	77.99%
Operating Margin	31.60%	10.83%	5.39%	-8.46%	-26.66%
Profit Margin	36.31%	16.13%	9.43%	-19.61%	-33.75%
Free Cash Flow Margin	46.94%	39.83%	31.33%	9.64%	20.83%
EBITDA	1,440	341.99	153.32	-138.68	-396.15
EBITDA Margin	32.18%	11.94%	6.89%	-7.28%	-25.69%
D&A For EBITDA	26.15	31.59	33.35	22.52	14.9
EBIT	1,414	310.4	119.97	-161.2	-411.05
EBIT Margin	31.60%	10.83%	5.39%	-8.46%	-26.66%
Effective Tax Rate	1.37%	4.35%	8.32%	-	-
Advertising Expenses	16	18.2	21.4	38.6	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.