Palantir Technologies Inc.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.94B | $1.63B | $1.41B | $1.18B | $1.00B | $883.9M | $827.5M | $725.5M |
| Cost of Revenue | $296.9M | $215.8M | $216.0M | $207.3M | $192.9M | $173.0M | $174.5M | $146.6M |
| Gross Profit | $1.64B | $1.42B | $1.19B | $973.8M | $810.8M | $710.9M | $653.0M | $578.9M |
| Gross Margin | 84.7% | 86.8% | 84.6% | 82.4% | 80.8% | 80.4% | 78.9% | 79.8% |
| Operating Expenses | ||||||||
| Research & Development | $192.5M | $161.0M | $143.6M | $144.2M | $135.0M | $134.9M | $171.5M | $117.6M |
| SG&A Expense | $194.6M | $182.6M | $169.8M | $161.7M | $162.6M | $163.6M | $182.1M | $138.7M |
| Operating Income | $912.0M | $754.0M | $575.4M | $393.3M | $269.3M | $176.0M | $11.0M | $113.1M |
| Operating Margin | 47.1% | 46.2% | 40.9% | 33.3% | 26.8% | 19.9% | 1.3% | 15.6% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.08B | $888.6M | $621.4M | $480.5M | $332.2M | $223.3M | $80.5M | $157.2M |
| Income Tax Expense | $15.4M | $12.2M | $9.8M | $3.8M | $3.6M | $5.6M | $3.6M | $7.8M |
| Net Income | $1.06B | $870.5M | $608.7M | $475.6M | $326.7M | $214.0M | $79.0M | $143.5M |
| Net Margin | 54.9% | 53.3% | 43.3% | 40.3% | 32.6% | 24.2% | 9.5% | 19.8% |
| EPS (Basic) | $0.44 | $0.36 | $0.26 | $0.20 | $0.14 | $0.09 | $0.04 | $0.06 |
| EPS (Diluted) | $0.41 | $0.34 | $0.24 | $0.18 | $0.13 | $0.08 | $0.03 | $0.06 |
| Shares Outstanding (Basic) | 2.40B | 2.39B | 2.37B | 2.38B | 2.37B | 2.35B | 2.25B | 2.25B |
| Shares Outstanding (Diluted) | 2.57B | 2.57B | 2.57B | 2.57B | 2.56B | 2.55B | 2.45B | 2.46B |
| Dividends Per Share | — | — | — | — | — | — | — | — |