$PLTR

Palantir Technologies Inc.

CIK:0001321655|SEC Filings
v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Income Statement [Abstract]    
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 (in dollars per share) $ 0.36 $ 0.09
Earnings per share attributable to common stockholders, diluted (in dollars per share) $ 0.34 $ 0.08
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, basic (in shares) 2,393,869 2,348,679
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, diluted (in shares) 2,570,924 2,552,818