PALANTIR TECHNOLOGIES INC.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | – | – |
| Stockholders' equity | 7,387 | 100.0 |
| Total capitalization | 7,387 | 100.0 |
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Not tagged in XBRL |
CAPITAL STOCK 12/31/25
| Common shares authorized | 22,701,005,000 |
| Common shares issued | 2,391,192,000 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: State of incorporation not stated in SEC records.
BUSINESS: Classified by the SEC under Standard Industrial Classification 7372, Services-Prepackaged Software. Large accelerated filer. Principal executive office: 19505 Biscayne Boulevard, Suite 2350, Aventura, FL 33180. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 4,475 | 2,866 | 2,225 |
| Cost of revenues | 789 | 566 | 431 |
| Gross profit | 3,686 | 2,300 | 1,794 |
| Research and development | 558 | 508 | 405 |
| Depreciation and amortization | 26 | 32 | 33 |
| Operating income | 1,414 | 310 | 120 |
| Interest expense | – | – | 3 |
| Income before income taxes | 1,657 | 489 | 237 |
| Income taxes | 23 | 21 | 20 |
| Net income | 1,625 | 462 | 210 |
| Earned per share, diluted ($) | 0.63 | 0.19 | 0.09 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 1,424 | 2,099 |
| Receivables, net | 1,042 | 575 |
| Total current assets | 8,358 | 5,934 |
| Property, plant and equipment, net | 52 | 40 |
| Total assets | 8,900 | 6,341 |
| Total current liabilities | 1,176 | 996 |
| Total liabilities | 1,412 | 1,246 |
| Stockholders' equity | 7,387 | 5,003 |
| Total liabilities and equity | 8,900 | 6,341 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 4,475 | 1,414 | 1,625 | 36.3 | 0.63 | – | 2,134 | 34 | 2,101 | 8,900 | 1,412 | – | 7,387 | 22.0 | – |
| 12/31/24 | 2,866 | 310 | 462 | 16.1 | 0.19 | – | 1,154 | 13 | 1,141 | 6,341 | 1,246 | – | 5,003 | 9.2 | – |
| 12/31/23 | 2,225 | 120 | 210 | 9.4 | 0.09 | – | 712 | 15 | 697 | 4,522 | 961 | – | 3,476 | 6.0 | – |
| 12/31/22 | 1,906 | (161) | (374) | -19.6 | (0.18) | – | 224 | 40 | 184 | 3,461 | 819 | – | 2,565 | -14.6 | – |
| 12/31/21 | 1,542 | (411) | (520) | -33.7 | (0.27) | – | 334 | 13 | 321 | 3,247 | 956 | 0 | 2,291 | -22.7 | 0.00 |
| 12/31/20 | 1,093 | (1,174) | (1,166) | -106.7 | (1.20) | – | (297) | 12 | (309) | 2,691 | 1,168 | 198 | 1,523 | -76.6 | 0.13 |
| 12/31/19 | 743 | (576) | (580) | -78.1 | (1.02) | – | (165) | 13 | (178) | 1,594 | 1,447 | 396 | (1,981) | 29.3 | -0.20 |
| 12/31/18 | 595 | (623) | (580) | -97.4 | (1.17) | – | (39) | 13 | (52) | – | – | – | (1,751) | 33.1 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
Palantir Technologies Inc.
CIK 1321655 · EIN 68-0551851
PRINCIPAL OFFICE:
19505 Biscayne Boulevard, Suite 2350, Aventura, FL 33180
Tel.: 720-358-3679
INCORPORATED:
–
INDUSTRY (SEC SIC CODE):
7372 · Services-Prepackaged Software
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 17 February 2026
FORMER NAMES:
Palantir Technologies Inc
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/17/26) · 10-K FY2024 (filed 2/18/25) · 10-K FY2023 (filed 2/20/24) · 10-K FY2022 (filed 2/21/23) · 10-K FY2021 (filed 2/24/22) · 10-K FY2020 (filed 2/26/21). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.