Palantir Technologies Inc. Class A Common Stock (PLTR) Financials
Key financial figures for Palantir Technologies Inc. Class A Common Stock (Q3 2026).
Palantir Q3 2026 revenue rose 96% year-over-year to $2.313 billion, and U.S. commercial revenue ($984 million) passed U.S. government revenue ($953 million) for the first time. Revenue was $2.313 billion, up 96% year-over-year (calculated from $2,313.4M vs $1,181.1M) and up 20% quarter-over-quarter as printed; it was above the $2.160-2.164 billion Q3 outlook management gave in the Q2 release and above the $2.177 billion calendar consensus (FMP, a revenue figure with no adjusted variant). GAAP income from operations was $1.085 billion (47% margin) vs $393M a year earlier; adjusted income from operations was $1.427 billion (62% margin) vs $601M (51%), against a Q3 outlook of $1.292-1.296 billion. On the outlook: Q4 2026: revenue of $2.649-2.653 billion and adjusted income from operations of $1.640-1.644 billion. Full year 2026 raised: revenue $8.530-8.534 billion (from $8.150-8.158 billion), U.S. commercial revenue in excess of $3.559 billion, at least 143% growth (from in excess of $3.424 billion), adjusted income from operations $5.245-5.249 billion (from $4.889-4.897 billion), adjusted free cash flow $4.8-5.0 billion (from $4.5-4.7 billion); GAAP operating income and net income still expected in each quarter of the year. Figures are for Q3 2026, as Palantir Technologies Inc. reported them.
- Revenue
- $2.3B
- Net Income
- $1.1B
- EPS
- $0.47
- Total Assets
- $13.4B
- Operating Cash Flow
- $1.2B
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $2.3B | $1.1B | $0.44 | 46.89% | $1.2B |
| 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 | $0.18 | 33.3% | $502M |
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 $2.31 billion for Q3 FY2026, up 95.9% from the same period a year earlier.
Is Palantir Technologies Inc. profitable?
Yes. Palantir Technologies Inc. reported net income of $1.13 billion for Q3 FY2026, a net margin of 48.76% on revenue.
How has Palantir Technologies Inc.'s margin trended?
Operating margin was 46.89% in Q3 FY2026, compared with 33.3% 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 Q3 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.