Palantir Technologies Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, Palantir Technologies Inc. reported net income of $1.63B on revenue of $4.48B. Operating cash flow was $2.13B and capital expenditures were $33.88M, leaving $2.10B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $595.41M | $742.55M | $1.09B | $1.54B | $1.91B | $2.23B | $2.87B | $4.48B |
| Gross profit | $430.01M | $500.18M | $740.13M | $1.20B | $1.50B | $1.79B | $2.30B | $3.69B |
| Operating income | −$623.44M | −$576.44M | −$1.17B | −$411.05M | −$161.20M | $119.97M | $310.40M | $1.41B |
| Net income | −$580.03M | −$579.65M | −$1.17B | −$520.38M | −$373.70M | $209.82M | $462.19M | $1.63B |
| Diluted EPS | −$1.17 | −$1.02 | −$1.20 | −$0.27 | −$0.18 | $0.09 | $0.19 | $0.63 |
| Operating cash flow | −$39.01M | −$165.22M | −$296.61M | $333.85M | $223.74M | $712.18M | $1.15B | $2.13B |
| Capital expenditures | $13.00M | $13.10M | $12.24M | $12.63M | $40.03M | $15.11M | $12.63M | $33.88M |
| Reported in | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | 82.4% | 31.6% | 36.3% |
| Dec 2024 | 80.2% | 10.8% | 16.1% |
| Dec 2023 | 80.6% | 5.4% | 9.4% |
| Dec 2022 | 78.6% | -8.5% | -19.6% |
| Dec 2021 | 78.0% | -26.7% | -33.7% |
Source: SEC EDGAR XBRL company facts for CIK 1321655 (raw data). Most recent filing in this dataset: 10-Q filed Nov 3, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.