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PLTR · Nasdaq · United States · Services-Prepackaged Software
In shortPalantir Technologies Inc. is profitable.
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 31.6% | 100/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 36.3% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 26.2% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 7.11× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | – | n/a |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 10.55 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 46.9% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.29× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 15.6% | 53/100 |
| Operating margin volatility | 21.8% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 32.9% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
3 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,542 | 1,906 | 2,225 | 2,866 | 4,475 |
| Cost of revenue | 339 | 409 | 431 | 566 | 789 |
| Gross profit | 1,202 | 1,497 | 1,794 | 2,300 | 3,686 |
| Research & development | 387 | 360 | 405 | 508 | 558 |
| Operating income | (411) | (161) | 120 | 310 | 1,414 |
| Interest expense | 3.6 | 4.1 | 3.5 | – | – |
| Pre-tax income | (488) | (361) | 237 | 489 | 1,657 |
| Income tax | 32 | 10 | 20 | 21 | 23 |
| Net income | (520) | (374) | 210 | 462 | 1,625 |
| Diluted EPS | −$0.27 | −$0.18 | $0.09 | $0.19 | $0.63 |
| Diluted shares (millions) | 1,924 | 2,064 | 2,298 | 2,451 | 2,565 |
3 older years available with the 10-year history. Essential plan, from €8.25/month →
10.55 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 4, 2026