$PLTR

Palantir Technologies Inc.

CIK:0001321655|SEC Filings
v3.25.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]      
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