Palantir Technologies Inc. (PLTR) FY2026 Q1 P&L / Income Statement
2026-01-01 to 2026-03-31
Revenue by Business Segment
2026-01-01 to 2026-03-31
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Palantir Technologies Inc. (PLTR) FY2026 Q1 P&L / Income Statement
Income statement for 2026-01-01 through 2026-03-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Revenue
- 1,632,583,000 US dollars
- Cost of revenue
- 215,798,000 US dollars
- Gross profit
- 1,416,785,000 US dollars
- Total operating expenses
- 662,787,000 US dollars
- Income from operations
- 753,998,000 US dollars
- Other income (expense), net (calculated)
- 134,603,000 US dollars
- Income before provision for income taxes
- 888,601,000 US dollars
- Provision for income taxes
- 12,199,000 US dollars
- Net income
- 876,402,000 US dollars
- Government
- 858,410,000 US dollars
- Commercial
- 774,173,000 US dollars
- Research and development
- 160,981,000 US dollars
- Sales and marketing
- 319,220,000 US dollars
- General and administrative
- 182,586,000 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.: $870.53 M; to noncontrolling interests: $5.88 M.

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Gross margin
86.8%
Gross profit / revenue
Operating margin
46.2%
Operating profit / revenue
Cash conversion
102.6%
Operating cash / net income, same period
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