Palantir Technologies Inc.

For the period ended Dec 31, 2025. Filed Feb 17, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 17, 2026

PLTR$169.20+5.5%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statements of Operations

(in thousands, except per share amounts)

	Years Ended December 31,
	2025	2024	2023
Revenue	$4,475,446	$2,865,507	$2,225,012
Cost of revenue	789,177	565,990	431,105
Gross profit	3,686,269	2,299,517	1,793,907
Operating expenses:
Sales and marketing	1,056,859	887,755	744,992
Research and development	557,677	507,878	404,624
General and administrative	657,718	593,481	524,325
Total operating expenses	2,272,254	1,989,114	1,673,941
Income from operations	1,414,015	310,403	119,966
Interest income	229,181	196,792	132,572
Other income (expense), net	14,172	(18,022)	(15,447)
Income before provision for income taxes	1,657,368	489,173	237,091
Provision for income taxes	22,724	21,255	19,716
Net income	1,634,644	467,918	217,375
Less: Net income attributable to noncontrolling interests	9,611	5,728	7,550
Net income attributable to common stockholders	$1,625,033	$462,190	$209,825
Earnings per share attributable to common stockholders, basic	$0.69	$0.21	$0.10
Earnings per share attributable to common stockholders, diluted	$0.63	$0.19	$0.09
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, basic	2,369,612	2,250,163	2,147,446
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, diluted	2,565,197	2,450,818	2,297,927

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.