# Palantir Technologies Inc. (PLTR) FY2026 Q1 P&L / Income Statement

- Company: Palantir Technologies Inc. (PLTR)
- Period: 2026-01-01 to 2026-03-31
- Filing: Q1 FY2026 10-Q, filed 2026-05-05, accession number 0001321655-26-000028
- Page: https://plicit.ai/financials/pltr/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/pltr-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Business Segment

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.