Palantir Technologies Inc. — PLTR

Close PriceMarket CapP/E RatioForward P/E RatioImplied Growth*Implied Forward Growth*DividendP/B Ratio
$156.54$375.28B175.975.537.7%26.9%-44.4

Latest Headlines

Revenue & Net Income

Revenue & Net Income
Date Revenue Net_Income EPS Last_Updated Revenue_Change Net_Income_Change EPS_Change
0 2019-12-31 $1,093M $-1,166M $-0.82 2024-05-25 13:12:00 N/A N/A N/A
1 2020-12-31 $1,093M $-1,166M $-1.19 2024-02-03 03:17:10 0.0% 0.0% 44.4%
2 2021-12-31 $1,542M $-520M $-0.27 2026-02-27 08:41:22 41.1% -55.4% -77.3%
3 2022-12-31 $1,906M $-374M $-0.18 2026-05-29 09:13:46 23.6% -28.2% -33.3%
4 2023-12-31 $2,225M $210M $0.10 2026-05-29 09:13:46 16.7% -156.1% -155.6%
5 2024-12-31 $2,866M $462M $0.21 2026-05-29 09:13:46 28.8% 120.3% 110.0%
6 2025-12-31 $4,475M $1,625M $0.69 2026-05-29 09:13:46 56.2% 251.6% 228.1%
7 TTM 2026-03-31 $5,224M $2,282M $0.89 2026-05-11 09:14:26 16.7% 40.4% 29.0%

EPS

EPS

Forecasts

Revenue/Net Income Forecast EPS Forecast

Y/Y % Change

Revenue YoY Change EPS YoY Change
YoY Growth Rates

PLTR Year-over-Year Growth

  2019 2020 2021 2022 2023 2024 2025 2026 2027 Average
Revenue Growth (%) 0.0% 41.1% 23.6% 16.7% 28.8% 56.2% 72.5% 44.7% 35.5%
Revenue Analysts (#) 0 0 0 0 0 0 0 28 30
EPS Growth (%) 0.0% -55.4% -28.2% -156.1% 120.3% 251.6% 115.9% 41.7% 36.2%
EPS Analysts (#) 0 0 0 0 0 0 0 28 28

Forward Estimate History

How the next-FY EPS and revenue estimates have drifted over time. One line per fiscal year – past lines end when that FY became current.

Forward EPS projection history by FY Forward revenue projection history by FY

Expenses

Revenue vs Expenses
Year Revenue ($) Cost of Revenue ($) R&D ($) Sales & Marketing ($) G&A ($) SG&A ($) Facilities / D&A ($)
2022 $1.9B $386.0M $359.7M $702.5M $596.3M $1.3B $22.5M
2023 $2.2B $397.8M $404.6M $745.0M $524.3M $1.3B $33.4M
2024 $2.9B $534.4M $507.9M $887.8M $593.5M $1.5B $31.6M
2025 $4.5B $763.0M $557.7M $1.1B $657.7M $1.7B $26.1M
TTM $5.2B $805.7M $583.8M $1.1B $676.7M $1.8B $26.3M
Expenses % of Revenue
Year Revenue Change (%) Cost of Revenue Change (%) R&D Change (%) Sales & Marketing Change (%) G&A Change (%) SG&A Change (%) Facilities / D&A Change (%)
2023 16.75 3.04 12.50 6.05 -12.08 -2.27 48.10
2024 28.79 34.36 25.52 19.16 13.19 16.70 -5.30
2025 56.18 42.78 9.81 19.05 10.82 15.75 -17.23
TTM 16.73 5.59 4.68 7.85 2.88 5.94 0.55
No unmapped expenses.

Segment Performance

axis1_PLTR_Government_Operating.png axis1_PLTR_Commercial.png
SEGMENTS v2025-09-09 · 2026-05-29 09:13 UTC — Units: $B. Rows list fiscal years (last 3 + TTM) with revenue for each segment; the final row shows the TTM revenue mix (operating income columns display “—” where mix is not applicable).
Year Government Operating Rev Commercial Rev Total Rev
2023 1.22B 1.00B 2.23B
2024 1.57B 1.30B 2.87B
2025 2.40B 2.07B 4.48B
TTM 5.32B 5.32B
% of Total (TTM) 100.0% 100%

Balance Sheet

Balance Sheet
  Metric Value
0 Total Assets $10,199M
1 Cash $2,292M
2 Total Liabilities $1,643M
3 Total Debt $212M
4 Total Equity $8,450M
5 Debt to Equity Ratio 0.03

EPS & Dividend

EPS & Dividend

Valuation

Valuation
Share Price Treasury Yield Estimates Fair Value (P/E) Fair Value (P/S) Current P/S Current P/E
$156.54 4.5% Nicks Growth: 15%
Nick's Expected Margin: 10%
FINVIZ Growth: 60%
Nicks: 27
Finviz: 816
Nick's: 2.726 71.8 175.9
Basis Year Nicks Valuation Nicks vs Share Price Finviz Valuation Finviz vs Share Price
$0.89 EPS TTM $24.26 -84.5% $726.14 363.9%
$1.46 EPS 2026 $39.89 -74.5% $1194.12 662.8%
$2.07 EPS 2027 $56.54 -63.9% $1692.38 981.1%

Implied Growth

Implied Growth
Average Median Std Dev Current Percentile
TTM Forward TTM Forward TTM Forward TTM Forward TTM Forward
Timeframe
1 Year 48.72% 38.97% 49.42% 45.00% 7.32% 9.43% 36.49% 25.78% 7.4% 8.7%
3 Years 48.72% 38.97% 49.42% 45.00% 7.32% 9.43% 36.49% 25.78% 7.4% 8.7%
5 Years 48.72% 38.97% 49.42% 45.00% 7.32% 9.43% 36.49% 25.78% 7.4% 8.7%
10 Years 48.72% 38.97% 49.42% 45.00% 7.32% 9.43% 36.49% 25.78% 7.4% 8.7%

← Back