Palantir Technologies Inc. (PLTR) FY2025 Q1 P&L / Income Statement

Revenue by Business Segment

2025-01-01 to 2025-03-31

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Palantir Technologies Inc. (PLTR) FY2025 Q1 P&L / Income StatementIncome statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETGovernmentCommercialRevenueGross profitCost of revenueIncome from operationsTotal operating expensesSales and marketingGeneral and administrativeResearch and developmentOther income (expense), net (calculated)Income before provision for income taxesNet incomeProvision for income taxesOther income (expense), net (calculated)Other income,net (calculated)$47.27 MIncome before provision for income taxesIncome beforeprovision forincome taxes$223.32 MRevenueRevenue$883.86 MGross profitGross profit$710.89 MIncome from operationsIncome from operations$176.05 MNet incomeNet income$217.72 MGovernmentGovernment$486.96 MTotal operating expensesTotal operatingexpenses$534.84 MProvision for income taxesProvision forincome taxes$5.60 MSales and marketingSales and marketing$236.31 MCommercialCommercial$396.89 MGeneral and administrativeGeneral and administrative$163.64 MCost of revenueCost of revenue$172.97 MResearch and developmentResearch and development$134.89 M
Chart details

Palantir Technologies Inc. (PLTR) FY2025 Q1 P&L / Income Statement

Income statement for 2025-01-01 through 2025-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue
883,855,000 US dollars
Cost of revenue
172,970,000 US dollars
Gross profit
710,885,000 US dollars
Total operating expenses
534,837,000 US dollars
Income from operations
176,048,000 US dollars
Other income (expense), net (calculated)
47,268,000 US dollars
Income before provision for income taxes
223,316,000 US dollars
Provision for income taxes
5,599,000 US dollars
Net income
217,717,000 US dollars
Government
486,963,000 US dollars
Commercial
396,892,000 US dollars
Research and development
134,889,000 US dollars
Sales and marketing
236,309,000 US dollars
General and administrative
163,639,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to Palantir Technologies Inc.: $214.03 M; to noncontrolling interests: $3.69 M.
Palantir Technologies Inc. (PLTR) FY2025 Q1 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

80.4%

Gross profit / revenue

Operating margin

19.9%

Operating profit / revenue

Cash conversion

142.5%

Operating cash / net income, same period

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