Palantir Technologies Inc.
PLTRNasdaqTechnology · CIK 0001321655
Price
$131.48
Market cap
$301.4B
Last synced Jul 2, 2026, 5:30 PM
Analyst report
Numbers from SEC XBRL filings; narrative bound to those numbers only.
Generated · Jul 2, 2026, 5:30 PM
Overview
Palantir Technologies Inc. is a company with a current financial posture marked by significant revenue growth of $1.63B, a substantial increase of 84.7% year-over-year. The company's net income has also seen a notable rise to $870.5M, representing a 306.7% year-over-year increase. This growth trajectory suggests a strong financial foundation for the company.
Key metrics — latest reported
Revenue
Q1 · 2026-03-31$1.63B
The 84.7% year-over-year increase in revenue to $1.63B is significant as it reflects the company's ability to expand its customer base and increase sales, contributing to its growth trajectory.
SEC filing ↗Net income
Q1 · 2026-03-31$870.5M
Net income of $870.5M for Q1 2026 is up 306.7% year-over-year, per the company's SEC filing.
SEC filing ↗Diluted EPS
Q1 · 2026-03-31$0.34
Diluted EPS of $0.34 for Q1 2026 is up 325% year-over-year, per the company's SEC filing.
SEC filing ↗Gross profit
Q1 · 2026-03-31$1.42B
The 99.3% year-over-year increase in gross profit to $1.42B is significant as it indicates the company's ability to maintain profitability while experiencing rapid revenue growth.
SEC filing ↗Operating income
Q1 · 2026-03-31$754.0M
Operating income of $754.0M for Q1 2026 is up 328.3% year-over-year, per the company's SEC filing.
SEC filing ↗Operating cash flow
Q1 · 2026-03-31$899.2M
The 189.8% year-over-year increase in operating cash flow to $899.2M is significant as it demonstrates the company's capacity to generate cash from its operations, which can be used for investments or debt repayment.
SEC filing ↗R&D expense
Q1 · 2026-03-31$161.0M
R&D expense of $161.0M for Q1 2026 is up 19.3% year-over-year, per the company's SEC filing.
SEC filing ↗Cash & equivalents
Q1 · 2026-03-31$2.29B
Cash & equivalents of $2.29B for Q1 2026 is up 61% year-over-year, per the company's SEC filing.
SEC filing ↗Total assets
Q1 · 2026-03-31$10.20B
Total assets of $10.20B for Q1 2026 is up 14.6% year-over-year, per the company's SEC filing.
SEC filing ↗Stockholders' equity
Q1 · 2026-03-31$8.45B
Stockholders' equity of $8.45B for Q1 2026 is up 14.4% year-over-year, per the company's SEC filing.
SEC filing ↗Earnings take
The latest reported period, Q1, shows a remarkable surge in key financial metrics, including a 325% year-over-year increase in diluted EPS to $0.34 and a 328.3% year-over-year increase in operating income to $754.0M. These figures indicate a robust earnings performance for the quarter.
Risks
- !Margin compression is not immediately visible in the provided numbers, but the 19.3% year-over-year increase in R&D expense to $161.0M could potentially impact future profitability if not managed effectively.
- !The company's ability to sustain its high growth rates is a risk, as it may be challenging to maintain such rapid expansion in revenue and earnings.
- !The lack of detailed information on the company's sector and specific business operations makes it difficult to assess industry-specific risks.
Watch next quarter
- →The company's ability to continue growing its revenue and earnings at high rates will be a key area to watch in future quarters.
- →The management of R&D expenses and their impact on profitability will be important to monitor, as excessive spending could erode margins.
- →The company's cash generation and its use of operating cash flow will be crucial to observe, as it can indicate the company's financial health and ability to invest in growth initiatives.
Quarterly trend — SEC XBRL
As reported in 10-Q/10-K filings; newest quarter first.
| Metric | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.18B | $1.00B | $883.9M | $725.5M | $678.1M | $634.3M | $558.2M |
| Net income | $870.5M | $475.6M | $326.7M | $214.0M | $143.5M | $134.1M | $105.5M | $71.5M |
| Diluted EPS | $0.34 | $0.18 | $0.13 | $0.08 | $0.06 | $0.06 | $0.04 | $0.03 |
| Gross profit | $1.42B | $973.8M | $810.8M | $710.9M | $578.9M | $549.6M | $518.1M | $450.2M |
| Operating income | $754.0M | $393.3M | $269.3M | $176.0M | $113.1M | $105.3M | $80.9M | $40.0M |
| Operating cash flow | $899.2M | — | — | $310.3M | — | — | $129.6M | — |
SEC filings
10-K annual, 10-Q quarterly, 8-K current events — earnings-related filings are flagged.
News
Third-party headlines, each linked to its original source.
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Yahoo · Jul 2, 02:07 PM
Palantir stock continues to rise after bottoming at $107.27 last week. DA Davidson upgrades the stock to a Buy and sees 39% upside.
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Yahoo · Jul 2, 01:46 PM
D.A. Davidson upgraded Palantir stock to buy from neutral on views that it's a better option for enterprises than OpenAI or Anthropic.
- Palantir, Chevron upgraded: Wall Street's top analyst calls
Yahoo · Jul 2, 01:42 PM
Palantir, Chevron upgraded: Wall Street's top analyst calls
- Here’s How Trump Made Over $1.4 Billion On Crypto Last Year, While Bitcoin Went Nowhere
Yahoo · Jul 2, 01:37 PM
A Bloomberg TV segment on July 1, 2026 with anchor Romaine Bostick surfaced a striking data point from President Trump’s latest financial disclosure filed with the Office of Government Ethics: the president reported more than $1.4 billion in crypto earnings in 2025. As Bloomberg’s reporter noted on air, “More than 1.2 billion in crypto earnings, ... Here’s How Trump Made Over $1.4 Billion On Crypto Last Year, While Bitcoin Went Nowhere
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Yahoo · Jul 2, 12:46 PM
DA Davidson upgraded Palantir’s rating to ‘Buy’ from ‘Neutral’ and hiked the price target to $175 from $165, according to TheFly.
- Karp unleashes on frontier AI labs
Yahoo · Jul 2, 12:33 PM
For 20 minutes on CNBC Wednesday, Palantir CEO Alex Karp unloaded on frontier AI labs, arguing they've become so obsessed with building ever-more-powerful models that they're failing their biggest enterprise customers.
- Zeta Global (ZETA) Teams With Palantir To Build Enterprise AI Marketing Stack
Yahoo · Jul 2, 12:11 PM
Zeta Global Holdings (NYSE:ZETA) has entered into a partnership with Palantir Technologies to build an enterprise AI infrastructure layer for data driven, agentic marketing. The collaboration includes rearchitecting Zeta's Data Cloud on Palantir Foundry and upgrading Athena, Zeta's AI powered decisioning system, for real time and secure marketing at scale. The partnership targets large enterprises that place a high priority on data security, governance, and effective marketing...
- Here Are Thursday’s Best Wall Street Analyst Research Calls: Adobe, Chevron, Dana, Honeywell Aerospace, Mobility Global, Ni Source, Palantir, SpaceX, and More
Yahoo · Jul 2, 12:07 PM
Pre-Market Stock Futures: Futures are trading higher as we get ready to end the holiday-shortened trading week, with the country preparing to celebrate the 250th birthday of our democratic republic. The stock market will be closed on Friday for the federal holiday, kicking off a long weekend to jump-start the holiday fun. All of the ... Here Are Thursday’s Best Wall Street Analyst Research Calls: Adobe, Chevron, Dana, Honeywell Aerospace, Mobility Global, Ni Source, Palantir, SpaceX, and More
- Lindsay, Palantir rise premarket; Ouster, Bending Spoons fall
Yahoo · Jul 2, 11:57 AM
Investing.com - U.S. stock futures were mixed on Thursday as investors awaited a closely watched U.S. employment report that could help shape expectations for Federal Reserve interest rate policy in the months ahead.
- The Palantir-Nvidia Sovereign AI Deal Will Reshape Who Wins the AI Infrastructure Race
Yahoo · Jul 2, 11:29 AM
The AI gold rush continues in mid-2026, with companies racing to turn flashy models into actual money-making systems. While the market obsesses over token prices and frontier lab drama, a quieter shift is underway. Governments and enterprises want AI they control — not rent — especially when national security or trade secrets sit on the ... The Palantir-Nvidia Sovereign AI Deal Will Reshape Who Wins the AI Infrastructure Race
- Palantir Technologies Inc. (PLTR) Is a Key Enterprise AI Player, Says Wedbush
Yahoo · Jul 2, 11:28 AM
Palantir Technologies Inc. (NASDAQ:PLTR) is among the most profitable software stocks to buy right now. On June 24, Wedbush reiterated an Outperform rating and a price target of $230 on Palantir Technologies Inc. (NASDAQ:PLTR). In its analysis, the firm highlighted the company’s partnership with Zeta, which is focused on marketing infrastructure within the AI landscape. […]
- Software Bounced Exactly Where I Wanted; What's Next?
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