Palantir 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
Total 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 Income	229.18	196.79	132.57	20.31	1.61
Interest Expense	-	-	-	-	-3.64
Other Non-Operating Income (Expense)	14.17	-18.02	-15.45	-220.14	-75.42
Total Non-Operating Income (Expense)	243.35	178.77	117.13	-199.83	-77.45
Pretax Income	1,657	489.17	237.09	-361.03	-488.49
Provision for Income Taxes	22.72	21.26	19.72	10.07	31.89
Net Income	1,625	462.19	209.83	-373.71	-520.38
Minority Interest in Earnings	9.61	5.73	7.55	2.61	-
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 Growth	84.06%	63.72%	279.44%	-42.81%	-
Free Cash Flow Per Share	0.82	0.47	0.30	0.09	0.17
Gross Margin	82.37%	80.25%	80.62%	78.56%	77.99%
Operating Margin	31.59%	10.83%	5.39%	-8.46%	-26.66%
Profit Margin	36.52%	16.33%	9.77%	-19.47%	-33.75%
FCF 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%	11.93%	6.89%	-7.28%	-25.69%
EBIT	1,414	310.4	119.97	-161.2	-411.05
EBIT Margin	31.59%	10.83%	5.39%	-8.46%	-26.66%
Effective Tax Rate	1.37%	4.35%	8.32%	-2.79%	-6.53%

Updated Feb 2, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q