Palantir Technologies Inc. PLTR NDXSPXAI
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. The company also offers Palantir Foundry, a platform that helps organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric, aerial, and land-based ISR missions. The company was incorporated in 2003 and is headquartered in Aventura, Florida.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Strong return on equity of 32.6%.
- Excellent profit margin of 43.7%.
- Compounding revenue at 32.9% over 5 years.
- Profit CAGR of 178.3% over 5 years.
- Generates positive free cash flow.
CONS
- Trading at a high P/E of 175.9.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | PLTR Palantir Technologies Inc. NDXSPXAI | 156.54 | 175.89 | $375.28B | - | 18.30% | 32.59% | 32.92% | 178.28% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Sep 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | 229.33M | 251.89M | 289.37M | 341.23M | 375.64M | 392.15M | 446.36M | 473.01M | 477.88M | 525.19M | 533.32M | 558.16M | 634.34M | 678.13M | 725.52M | - | 883.86M | 1.00B | 1.18B | 1.41B | 1.63B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 172.97M | 192.93M | 207.31M | 215.97M | 215.80M |
| Gross Profit | 125.47M | 165.03M | 183.48M | 140.03M | 267.12M | 284.72M | 305.34M | 351.95M | 370.79M | 370.27M | 417.54M | 426.42M | 450.24M | 518.08M | 549.57M | 578.88M | - | 710.88M | 810.76M | 973.78M | 1.19B | 1.42B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 534.84M | 541.45M | 580.53M | 615.44M | 662.79M |
| Operating Income | -144.14M | -70.19M | -99.14M | -847.78M | -114.01M | -146.15M | -91.94M | -39.44M | -41.74M | -62.19M | 4.12M | 10.07M | 39.98M | 80.88M | 105.34M | 113.14M | - | 176.05M | 269.32M | 393.26M | 575.39M | 754.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 182.67M | 275.85M | 399.23M | 582.41M | 760.76M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 223.32M | 332.17M | 480.50M | 621.38M | 888.60M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5.60M | 3.60M | 3.75M | 9.78M | 12.20M |
| Net Income | -139.86M | -54.27M | -110.45M | -853.32M | -123.47M | -138.58M | -102.14M | -101.38M | -179.33M | -123.88M | 16.80M | 28.13M | 71.50M | 105.53M | 134.13M | 143.53M | - | 214.03M | 326.73M | 475.60M | 608.68M | 870.53M |
| Diluted EPS | -0.24 | -0.10 | -0.17 | -0.94 | -0.07 | -0.07 | -0.05 | -0.05 | -0.09 | -0.06 | 0.01 | 0.01 | 0.03 | 0.04 | 0.06 | 0.06 | - | 0.08 | 0.13 | 0.18 | 0.24 | 0.34 |
| R&D Expense | 75.88M | 65.80M | 86.81M | 313.92M | 98.47M | 110.52M | 94.32M | 88.60M | 88.17M | 100.86M | 90.10M | 99.53M | 105.71M | 110.04M | 108.78M | 117.56M | - | 134.89M | 135.04M | 144.19M | - | 160.98M |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 595.41M | 742.55M | 1.09B | - | 1.91B | 2.23B | 2.87B | 4.48B |
| Cost of Revenue | - | - | - | - | 408.55M | 431.11M | 565.99M | 789.18M |
| Gross Profit | 430.01M | 500.18M | 740.13M | - | 1.50B | 1.79B | 2.30B | 3.69B |
| Operating Expenses | - | - | - | - | 1.66B | 1.67B | 1.99B | 2.27B |
| Operating Income | -623.44M | -576.44M | -1.17B | - | -161.20M | 119.97M | 310.40M | 1.41B |
| EBITDA | - | - | - | - | -138.68M | 153.32M | 341.99M | 1.44B |
| Interest Expense | - | - | - | 3.64M | 4.06M | 3.47M | - | - |
| Pretax Income | - | - | - | - | -361.03M | 237.09M | 489.17M | 1.66B |
| Tax Provision | - | - | - | - | 10.07M | 19.72M | 21.25M | 22.72M |
| Net Income | -580.03M | -579.65M | -1.17B | - | -373.70M | 209.82M | 462.19M | 1.63B |
| Diluted EPS | -1.17 | -1.02 | -1.20 | - | -0.18 | 0.09 | 0.19 | 0.63 |
| R&D Expense | 285.45M | 305.56M | 560.66M | 387.49M | 359.68M | 404.62M | 507.88M | 557.68M |
Compounded Sales Growth
| 5 Years: | 32.92% |
| 1 Year: | 84.70% |
Compounded Profit Growth
| 5 Years: | 178.28% |
| 1 Year: | 325.00% |
Stock Price Performance
| 1 Year: | +18.79% |
| 6 Months: | -4.29% |
| 3 Months: | +14.10% |
| 1 Month: | +13.46% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 1.59B | 2.69B | - | 3.46B | 4.52B | 6.34B | 8.90B |
| Current Assets | - | - | - | - | - | 3.04B | 4.14B | 5.93B | 8.36B |
| Cash & Equivalents | - | 1.12B | 1.08B | 2.01B | - | 2.60B | 831.05M | 2.10B | 1.42B |
| Inventory | - | - | - | - | - | - | - | - | - |
| Receivables | - | - | - | - | - | 258.35M | 364.78M | 575.05M | 1.04B |
| Total Liabilities | - | - | 1.45B | 1.17B | - | 818.80M | 961.46M | 1.25B | 1.41B |
| Current Liabilities | - | - | 728.60M | 603.82M | - | 587.94M | 746.02M | 996.02M | 1.18B |
| Long Term Debt | - | - | 396.06M | 197.98M | - | - | - | - | - |
| Total Debt | - | - | - | - | - | 249.40M | 229.39M | 239.22M | 229.34M |
| Total Equity | -1.50B | -1.75B | -1.98B | 1.52B | - | 2.57B | 3.48B | 5.00B | 7.39B |
| Shares Outstanding | - | - | - | - | - | 2.10B | 2.20B | 2.34B | 2.39B |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -39.01M | -165.22M | -296.61M | - | 223.74M | 712.18M | 1.15B | 2.13B |
| Investing Cash Flow | -6.78M | -21.96M | -14.92M | - | -45.43M | -2.71B | -340.65M | -2.78B |
| Financing Cash Flow | 46.15M | 324.53M | 1.04B | - | 86.00M | 218.84M | 463.36M | -26.91M |
| Capital Expenditure | -13.00M | -13.10M | -12.24M | - | -40.03M | -15.11M | -12.63M | -33.88M |
| Free Cash Flow | -52.02M | -178.31M | -308.84M | - | 183.71M | 697.07M | 1.14B | 2.10B |
| Net Change in Cash | - | - | - | - | 264.31M | -1.78B | 1.28B | -675.99M |
| Share Buybacks | 7.71M | 11.20M | 3.78M | 0 | 0 | 0 | 64.20M | 74.98M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin % | 72.2% | 67.4% | 67.7% | - | 78.6% | 80.6% | 80.2% | 82.4% |
| Operating Margin % | -104.7% | -77.6% | -107.4% | - | -8.5% | 5.4% | 10.8% | 31.6% |
| Net Margin % | -97.4% | -78.1% | -106.7% | - | -19.6% | 9.4% | 16.1% | 36.3% |
| ROE % | 33.1% | 29.3% | -76.6% | - | -14.6% | 6.0% | 9.2% | 22.0% |
| ROCE % | - | -66.6% | -56.2% | - | -5.6% | 3.2% | 5.8% | 18.3% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Blackrock Inc. | 8.67% | 188.99M | $29.58B |
| 2 | Vanguard Capital Management LLC | 6.64% | 144.84M | $22.67B |
| 3 | State Street Corporation | 4.66% | 101.63M | $15.91B |
| 4 | Geode Capital Management, LLC | 2.56% | 55.87M | $8.75B |
| 5 | Vanguard Portfolio Management LLC | 2.29% | 50.02M | $7.83B |
| 6 | Morgan Stanley | 1.48% | 32.20M | $5.04B |
| 7 | JPMORGAN CHASE & CO | 0.99% | 21.55M | $3.37B |
| 8 | Invesco Ltd. | 0.96% | 20.88M | $3.27B |
| 9 | Northern Trust Corporation | 0.96% | 20.90M | $3.27B |
| 10 | FMR, LLC | 0.87% | 19.00M | $2.97B |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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