Palantir Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	3,896	2,866	2,225	1,906	1,542	1,093
Revenue Growth (YoY)	47.23%	28.79%	16.74%	23.61%	41.11%	47.15%
Cost of Revenue	747.74	565.99	431.11	408.55	339.4	352.55
Gross Profit	3,148	2,300	1,794	1,497	1,202	740.13
Selling, General & Admin	1,713	1,481	1,269	1,299	1,226	1,353
Research & Development	585.63	507.88	404.62	359.68	387.49	560.66
Operating Expenses	2,299	1,989	1,674	1,659	1,614	1,914
Operating Income	849.66	310.4	119.97	-161.2	-411.05	-1,174
Interest Expense	-	-	-	-	-3.64	-14.14
Interest & Investment Income	221.19	196.79	132.57	20.31	1.61	4.68
Other Non Operating Income (Expenses)	43.96	1.28	-2.29	51.97	-2.62	4.11
EBT Excluding Unusual Items	1,115	508.48	250.25	-88.92	-415.69	-1,179
Gain (Loss) on Sale of Investments	1.71	-19.31	-13.16	-272.11	-72.8	-
Pretax Income	1,117	489.17	237.09	-361.03	-488.49	-1,179
Income Tax Expense	16.55	21.26	19.72	10.07	31.89	-12.64
Earnings From Continuing Operations	1,100	467.92	217.38	-371.09	-520.38	-1,166
Minority Interest in Earnings	-4.61	-5.73	-7.55	-2.61	-	-
Net Income	1,095	462.19	209.83	-373.71	-520.38	-1,166
Net Income to Common	1,095	462.19	209.83	-373.71	-520.38	-1,166
Net Income Growth	129.84%	120.27%	-	-	-	-
Shares Outstanding (Basic)	2,349	2,250	2,147	2,064	1,924	978
Shares Outstanding (Diluted)	2,554	2,451	2,298	2,064	1,924	979
Shares Change (YoY)	6.17%	6.65%	11.34%	7.29%	96.42%	69.74%
EPS (Basic)	0.47	0.21	0.10	-0.18	-0.27	-1.19
EPS (Diluted)	0.43	0.19	0.09	-0.18	-0.27	-1.20
EPS Growth	116.04%	111.11%	-	-	-	-
Free Cash Flow	1,794	1,141	697.07	183.71	321.22	-308.84
Free Cash Flow Per Share	0.70	0.47	0.30	0.09	0.17	-0.32
Gross Margin	80.81%	80.25%	80.63%	78.56%	77.99%	67.73%
Operating Margin	21.81%	10.83%	5.39%	-8.46%	-26.66%	-107.41%
Profit Margin	28.11%	16.13%	9.43%	-19.61%	-33.75%	-106.75%
Free Cash Flow Margin	46.04%	39.83%	31.33%	9.64%	20.83%	-28.27%
EBITDA	875.8	341.99	153.32	-138.68	-396.15	-1,160
EBITDA Margin	22.48%	11.94%	6.89%	-7.28%	-25.69%	-106.14%
D&A For EBITDA	26.13	31.59	33.35	22.52	14.9	13.87
EBIT	849.66	310.4	119.97	-161.2	-411.05	-1,174
EBIT Margin	21.81%	10.83%	5.39%	-8.46%	-26.66%	-107.41%
Effective Tax Rate	1.48%	4.35%	8.32%	-	-	-
Advertising Expenses	-	18.2	21.4	38.6	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.