Palantir Technologies Inc. (PLTR)

Palantir Balance Sheet

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

Fiscal Quarter	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021
Cash & Equivalents	1,424	1,616	929.55	993.46	2,099	768.71	512.66	520.39	831.05	1,040	1,056	1,265	2,599	2,411	2,358	2,269	2,291	2,335	2,341	2,339
Short-Term Investments	5,753	4,822	5,071	4,437	3,131	3,796	3,486	3,348	2,843	2,243	2,047	1,640	35.14	57.34	99.21	252.56	234.15	198.98	-	-
Cash & Short-Term Investments	7,177	6,438	6,000	5,431	5,230	4,565	3,998	3,868	3,674	3,284	3,103	2,905	2,634	2,469	2,458	2,522	2,525	2,534	2,341	2,339
Cash Growth	37.23%	41.04%	50.07%	40.40%	42.34%	39.02%	28.85%	33.17%	39.51%	33.01%	26.27%	15.17%	4.31%	-2.58%	4.97%	7.80%	25.53%	40.77%	56.33%	116.78%
Receivables	1,042	1,006	747.48	725.21	575.05	668.11	659.34	486.99	364.78	430.27	375.76	254.04	258.35	343.26	265.83	256.55	190.92	174.41	243	151.4
Prepaid Expenses	139.07	132.98	133.47	118.92	121.55	119.11	115.71	81.18	99.29	92.42	91.91	85.63	149.56	114.16	150.89	115.04	110.87	61.72	41.65	61.76
Restricted Cash	-	9.45	9.02	7.79	7.7	0.08	-	-	0.37	3.13	6	11.95	-	20.56	28.13	33.8	36.63	41.32	36.75	37.11
Total Current Assets	8,358	7,586	6,890	6,283	5,934	5,352	4,774	4,436	4,139	3,809	3,577	3,256	3,042	2,947	2,902	2,927	2,863	2,811	2,663	2,590
Property, Plant & Equipment	252.07	250.02	247	249.02	240.38	251.92	256.94	220.61	230.62	240.32	253.76	273.13	269.41	257.18	259.05	266.75	248.2	249.62	234.07	240.71
Long-Term Investments	-	163.2	122.9	104.5	64.9	52.6	-	-	32.6	-	-	-	-	-	-	-	-	-	-	-
Other Intangible Assets	-	-	-	-	18.06	-	-	-	25.9	-	-	-	-	-	-	-	-	-	-	-
Other Long-Term Assets	290.15	114.58	105.4	100.8	83.26	111.62	161.43	150.4	94.68	143.7	149.59	153.86	150.25	115.04	120.85	125.05	136	163.21	179.05	183.78
Total Assets	8,900	8,114	7,366	6,737	6,341	5,768	5,192	4,807	4,522	4,193	3,980	3,683	3,461	3,319	3,282	3,319	3,247	3,224	3,076	3,014
Accounts Payable	8.06	67.5	10.77	2.33	0.1	27.02	67.35	35.63	12.12	9.48	4.61	4.53	44.79	59.51	56.8	27.45	74.91	17.65	30.91	17.23
Accrued Expenses	355.62	381.74	329.86	371.06	384.8	233.29	155.06	172.02	175.73	138.27	145.36	124.11	131.39	164.7	187.57	150.18	133.26	179.47	166.25	181.6
Current Portion of Leases	45.86	46.27	45.47	44.42	43.99	47.64	44.13	54.06	54.18	52.2	51.86	53.07	45.1	40.23	40.91	40.05	39.93	43.58	33.16	32.11
Current Income Taxes Payable	-	-	63.77	-	42.24	31.95	40.43	34.01	47.26	36.48	39.26	50.42	41.33	-	-	-	22.55	-	-	-
Current Unearned Revenue	408.96	316.72	376.78	318.56	259.62	236.61	278.44	237.2	246.9	223.51	260.34	229.55	183.35	189.77	219.44	218.52	227.82	208.1	194.51	186.5
Other Current Liabilities	357.07	368.17	262.99	231.08	265.25	366.95	221.52	217.63	209.83	228.99	183.96	139.74	141.99	234.14	161.03	232.91	161.61	232.71	257.75	250.18
Total Current Liabilities	1,176	1,180	1,090	967.44	996.02	943.46	806.92	750.55	746.02	688.93	685.38	601.41	587.94	688.35	665.74	669.1	660.06	681.51	682.59	667.63
Long-Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	198.19
Long-Term Leases	183.47	189.17	192.35	200.18	195.23	207.28	214.33	163.01	175.22	184.07	194.13	206.42	204.31	204.9	216.06	227.62	220.15	219.65	216.63	222.43
Long-Term Unearned Revenue	46.22	43.9	44.64	36.37	39.89	7.83	15.65	20.72	28.05	34.88	50.41	54.4	9.97	31.38	34.14	33.24	40.22	26.72	40.52	45
Other Long-Term Liabilities	7.11	12.22	13.5	13.95	15.35	18.18	17.17	11.62	12.18	13.65	15.2	17.71	16.59	7.58	17.57	24.47	36	48.39	66.97	75
Total Liabilities	1,412	1,426	1,340	1,218	1,246	1,177	1,054	945.91	961.46	921.52	945.13	879.95	818.8	932.22	933.51	954.43	956.42	976.27	1,007	1,208
Common Stock	2.39	2.38	2.37	2.36	2.34	2.27	2.24	2.23	2.2	2.17	2.15	2.12	2.1	2.08	2.06	2.05	2.03	1.99	1.94	1.86
Additional Paid-In Capital	10,933	10,748	10,568	10,398	10,194	9,757	9,463	9,323	9,122	8,938	8,773	8,569	8,428	8,285	8,120	7,954	7,777	7,577	7,294	6,892
Retained Earnings	-3,562	-4,171	-4,647	-4,973	-5,187	-5,266	-5,410	-5,544	-5,650	-5,743	-5,815	-5,843	-5,859	-5,890	-5,766	-5,587	-5,486	-5,330	-5,227	-5,089
Comprehensive Income & Other	13.94	11.54	4.72	-2.99	-5.61	4.93	-4.94	-5.72	0.8	-7.21	-5.21	-4.32	-5.33	-9.84	-6.67	-4.04	-2.35	-1.7	0.07	0.87
Total Common Equity	7,387	6,590	5,929	5,424	5,003	4,498	4,051	3,775	3,476	3,190	2,955	2,724	2,565	2,387	2,349	2,365	2,291	2,248	2,069	1,806
Minority Interest	100.74	97.81	96.66	94.82	91.13	93.22	87.28	85.95	85.4	81.88	79.66	79.46	77.11	-	-	-	-	-	-	-
Shareholders' Equity	7,488	6,688	6,026	5,519	5,094	4,591	4,138	3,861	3,561	3,272	3,035	2,803	2,642	2,387	2,349	2,365	2,291	2,248	2,069	1,806
Total Liabilities & Equity	8,900	8,114	7,366	6,737	6,341	5,768	5,192	4,807	4,522	4,193	3,980	3,683	3,461	3,319	3,282	3,319	3,247	3,224	3,076	3,014
Total Debt	229.34	235.44	237.81	244.6	239.22	254.92	258.46	217.07	229.39	236.27	245.99	259.49	249.4	245.14	256.97	267.66	260.07	263.23	249.79	452.72
Net Cash (Debt)	6,948	6,202	5,763	5,186	4,991	4,310	3,740	3,651	3,445	3,047	2,857	2,645	2,384	2,223	2,201	2,254	2,265	2,271	2,091	1,887
Net Cash Growth	39.21%	43.91%	54.08%	42.05%	44.88%	41.43%	30.89%	38.02%	44.48%	37.05%	29.84%	17.33%	5.28%	-2.08%	5.22%	19.48%	45.69%	41.71%	74.28%	176.20%
Net Cash Per Share	2.70	2.41	2.25	2.03	1.97	1.75	1.55	1.52	1.46	1.31	1.25	1.19	1.08	1.07	1.07	1.11	1.13	1.16	1.10	1.04
Filing Date Shares Outstanding	2,387	2,383	2,372	2,360	2,345	2,278	2,239	2,227	2,213	2,176	2,152	2,118	2,101	2,080	2,064	2,047	2,030	2,005	1,953	1,877
Total Common Shares Outstanding	2,387	2,383	2,372	2,360	2,339	2,270	2,238	2,227	2,200	2,175	2,150	2,118	2,099	2,080	2,063	2,046	2,027	1,991	1,937	1,861
Working Capital	7,183	6,406	5,801	5,315	4,938	4,409	3,967	3,686	3,393	3,120	2,892	2,655	2,454	2,258	2,237	2,258	2,203	2,130	1,980	1,922
Book Value Per Share	3.09	2.77	2.50	2.30	2.14	1.98	1.81	1.70	1.58	1.47	1.37	1.29	1.22	1.15	1.14	1.16	1.13	1.13	1.07	0.97
Tangible Book Value	7,387	6,590	5,929	5,424	4,985	4,498	4,051	3,775	3,450	3,190	2,955	2,724	2,565	2,387	2,349	2,365	2,291	2,248	2,069	1,806
Tangible Book Value Per Share	3.09	2.77	2.50	2.30	2.13	1.98	1.81	1.70	1.57	1.47	1.37	1.29	1.22	1.15	1.14	1.16	1.13	1.13	1.07	0.97
Machinery	-	85.36	82.77	72.86	69.72	69.54	67.79	67.89	64.68	62.08	60.54	65.5	65.7	48.8	39.6	33.2	25.27	35.47	33.27	32.94
Construction In Progress	-	5.96	6.53	7.26	7.63	4.2	3.17	3.23	2.1	1.39	0.92	1.34	5.51	6.38	7.59	3.68	3.13	5.31	0.44	0.71
Leasehold Improvements	-	97.18	92.4	89.22	85.28	86.69	84.41	83.5	83.14	82.21	83.07	81.8	80.38	77.32	71.83	74.73	72.83	80.22	81.06	85.3

Updated Feb 2, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q