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Financials in USD. Standardized financial statements.
A compact view of how Palantir Technologies Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.48B | $2.87B | $2.23B | $1.91B | $1.54B | $1.09B | $742.55M | $595.41M |
| Revenue Growth? | +56.2% | +28.8% | +16.7% | +23.6% | +41.1% | +47.2% | +24.7% | 0.0% |
| Cost of Revenue? | $789.18M | $565.99M | $431.11M | $408.55M | $339.40M | $352.55M | $242.37M | $165.40M |
| Gross Profit? | $3.69B | $2.30B | $1.79B | $1.50B | $1.20B | $740.13M | $500.18M | $430.01M |
| Gross Margin? | +82.4% | +80.2% | +80.6% | +78.6% | +78.0% | +67.7% | +67.4% | +72.2% |
| Operating Expenses? | $2.27B | $1.99B | $1.67B | $1.66B | $1.61B | $1.91B | $1.08B | $1.05B |
| Operating Income? | $1.41B | $310.40M | $119.97M | -$161.20M | -$411.05M | -$1.17B | -$576.44M | -$623.44M |
| EBITDA? | $1.44B | $341.99M | $153.32M | -$138.68M | -$469.96M | -$1.15B | -$551.96M | -$553.58M |
| Income Before Tax | $1.66B | $489.17M | $237.09M | -$361.03M | -$488.49M | -$1.18B | -$567.27M | -$570.92M |
| Income Tax Expense | $22.72M | $21.25M | $19.72M | $10.07M | $31.89M | -$12.64M | $12.38M | $9.10M |
| Net Income? | $1.63B | $462.19M | $209.82M | -$373.70M | -$520.38M | -$1.17B | -$579.65M | -$580.03M |
| EPS? | $0.69 | $0.21 | $0.10 | $-0.18 | $-0.27 | $-1.19 | $-0.82 | $-0.84 |
| Diluted EPS? | $0.63 | $0.19 | $0.09 | $-0.18 | $-0.27 | $-1.20 | $-0.82 | $-0.89 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality