Palantir Technologies Inc. Class A Common Stock (PLTR) Financials
Key financial figures for Palantir Technologies Inc. Class A Common Stock (Q2 2026).
Palantir grew Q2 2026 revenue 93% year-over-year to $1.94 billion, led by 149% growth in U.S. commercial revenue, and raised full-year 2026 revenue guidance to $8.15-8.16 billion. Revenue reached $1,935.5 million, up 93% year-over-year, topping Wall Street consensus expectations and marking the company's highest-ever growth rate. U.S. commercial revenue accelerated to $764 million, up 149% YoY and 28% quarter-over-quarter; U.S. government revenue grew 90% YoY to $809 million. Adjusted income from operations was $1,194.5 million (62% margin), up from 46% a year ago; GAAP income from operations was $912.0 million. Adjusted free cash flow was $1,220.4 million (63% margin); GAAP diluted EPS was $0.41 versus $0.13 in the year-ago quarter. On the outlook: For Q3 2026, Palantir guided to revenue of $2.160-2.164 billion and adjusted income from operations of $1.292-1.296 billion. For full-year 2026, the company raised guidance to revenue of $8.150-8.158 billion (implying roughly 82% YoY growth), adjusted income from operations of $4.889-4.897 billion, adjusted free cash flow of $4.5-4.7 billion, and U.S. commercial revenue in excess of $3.424 billion (at least 134% YoY growth), up from prior U.S. commercial guidance of $3.22 billion. Figures are for Q2 2026, as Palantir Technologies Inc. reported them.
- Revenue
- $1.9B
- Net Income
- $1.1B
- EPS
- $0.44
- Total Assets
- $11.7B
- Operating Cash Flow
- $1.2B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q2 FY2026 | $1.9B | $1.1B | $0.41 | 47.12% | $1.2B |
| Q1 FY2026 | $1.6B | $871M | $0.34 | 46.18% | $892M |
| Q4 FY2025 | $1.4B | $609M | $0.24 | 40.9% | $764M |
| Q3 FY2025 | $1.2B | $476M | $0.19 | 33.3% | $502M |
| Q2 FY2025 | $1.0B | $327M | $0.13 | 26.83% | $532M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $4.5B | $1.6B | $0.63 | 31.59% | $2.1B |
| FY2024 | $2.9B | $462M | $0.19 | 10.83% | $1.1B |
| FY2023 | $2.2B | $210M | $0.09 | 5.39% | $697M |
Frequently asked questions
What was Palantir Technologies Inc.'s revenue last quarter?
Palantir Technologies Inc. reported revenue of $1.94 billion for Q2 FY2026, up 92.8% from the same period a year earlier.
Is Palantir Technologies Inc. profitable?
Yes. Palantir Technologies Inc. reported net income of $1.06 billion for Q2 FY2026, a net margin of 54.86% on revenue.
How has Palantir Technologies Inc.'s margin trended?
Operating margin was 47.12% in Q2 FY2026, compared with 26.83% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did Palantir Technologies Inc. generate?
Palantir Technologies Inc. generated free cash flow of $1.20 billion in Q2 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for Palantir Technologies Inc. Class A Common Stock on SentiSense, with up to forty quarters and twenty fiscal years of history.