Palantir Technologies Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.06B | $870.5M | $608.7M | $475.6M | $326.7M | $214.0M | $79.0M | $143.5M |
| Depreciation & Amortization | $8.2M | $6.8M | $7.0M | $6.0M | $6.5M | $6.6M | $7.0M | $8.1M |
| Depreciation | — | — | — | $4.8M | $5.4M | $5.5M | $5.6M | $6.1M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $265.2M | $201.6M | $196.4M | $172.3M | $160.0M | $155.3M | $281.8M | $142.4M |
| Net Cash from Operating Activities | $1.22B | $899.2M | $777.3M | $507.7M | $539.3M | $310.3M | $460.3M | $419.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $14.6M | $7.4M | $13.3M | $6.8M | $7.6M | $6.2M | $3.1M | $4.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.48B | $-26.7M | $-957.8M | $181.6M | $-617.0M | $-1.39B | $640.2M | $-320.7M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | — | — | $19.2M | $19.2M | $18.6M | $18.0M | $18.6M | $18.9M |
| Net Cash from Financing Activities | $5.0M | $3.4M | $-10.9M | $6.4M | $6.5M | $-28.9M | $238.7M | $151.4M |
| Net Change in Cash | $-261.5M | $873.4M | $-193.4M | $693.6M | $-63.8M | $-1.10B | $1.33B | $256.4M |
| Free Cash Flow | $1.20B | $891.8M | $764.0M | $500.9M | $531.6M | $304.1M | $457.2M | $415.8M |