Palantir Technologies Inc.

For the period ended Mar 31, 2026. Filed May 5, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 5, 2026

PLTR$168.82-0.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share amounts)

	Three Months Ended March 31,
	2026	2025
Revenue	$1,632,583	$883,855
Cost of revenue	215,798	172,970
Gross profit	1,416,785	710,885
Operating expenses:
Sales and marketing	319,220	236,309
Research and development	160,981	134,889
General and administrative	182,586	163,639
Total operating expenses	662,787	534,837
Income from operations	753,998	176,048
Interest income	66,394	50,441
Other income (expense), net	68,209	(3,173)
Income before provision for income taxes	888,601	223,316
Provision for income taxes	12,199	5,599
Net income	876,402	217,717
Less: Net income attributable to noncontrolling interests	5,875	3,686
Net income attributable to common stockholders	$870,527	$214,031
Earnings per share attributable to common stockholders, basic	$0.36	$0.09
Earnings per share attributable to common stockholders, diluted	$0.34	$0.08
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, basic	2,393,869	2,348,679
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, diluted	2,570,924	2,552,818

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.