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Palantir Technologies Inc. PLTR NDXSPXAI

Technology · Software - Infrastructure · United States
https://www.palantir.com

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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$156.54
+18.79% 1Y

Market & Price

Market Cap
$375.28B
Current Price
$156.54
High / Low (52W)
$207.18 / $119.91
Beta
1.52

Valuation

Stock P/E
175.89
Industry PE
32.74
Forward P/E
75.47
PEG Ratio
2.24
Book Value
$3.52
Price to Book
44.41
P/S
71.83
EV/EBITDA
182.12
Dividend Yield
-

Profitability & Returns

ROCE
18.30%
ROE
32.59%
ROA
14.70%
Profit Margin
43.67%
Op Margin
46.18%
EPS (Latest Qtr)
$0.34
EPS (TTM)
$0.89

Balance Sheet & Liquidity

Debt/Equity
2.48
Quick Ratio
6.82
Current Ratio
6.91
Debt
$211.98M
Total Assets
$8.90B
Current Assets
$8.36B
Working Capital
$7.18B

Ownership

Promoter Holding
3.50%
Chg in Prom Hold
-
FII / Inst Holding
62.35%
Chg in FII Hold
0.00%

Financial Snapshot

Enterprise Value
$367.57B
Total Revenue (TTM)
$5.22B
EBITDA
$2.02B
Free Cash Flow
$1.75B
Operating Cash Flow
$2.72B
Shares Outstanding
2.30B
Gross Margin
84.07%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
32.92%
Profit 5Y
178.28%
Revenue (YoY)
84.70%
Earnings (YoY)
325.00%

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

Robinhood TradingView StockAnalysis

Fundamental Growth

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).

#NameCMP $P/E Mkt CapDiv 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%
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Quarterly Results

Figures in USD.

Metric Sep 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -229.33M251.89M289.37M341.23M375.64M392.15M446.36M473.01M477.88M525.19M533.32M558.16M634.34M678.13M725.52M-883.86M1.00B1.18B1.41B1.63B
Cost of Revenue -----------------172.97M192.93M207.31M215.97M215.80M
Gross Profit 125.47M165.03M183.48M140.03M267.12M284.72M305.34M351.95M370.79M370.27M417.54M426.42M450.24M518.08M549.57M578.88M-710.88M810.76M973.78M1.19B1.42B
Operating Expenses -----------------534.84M541.45M580.53M615.44M662.79M
Operating Income -144.14M-70.19M-99.14M-847.78M-114.01M-146.15M-91.94M-39.44M-41.74M-62.19M4.12M10.07M39.98M80.88M105.34M113.14M-176.05M269.32M393.26M575.39M754.00M
EBITDA -----------------182.67M275.85M399.23M582.41M760.76M
Interest Expense ----------------------
Pretax Income -----------------223.32M332.17M480.50M621.38M888.60M
Tax Provision -----------------5.60M3.60M3.75M9.78M12.20M
Net Income -139.86M-54.27M-110.45M-853.32M-123.47M-138.58M-102.14M-101.38M-179.33M-123.88M16.80M28.13M71.50M105.53M134.13M143.53M-214.03M326.73M475.60M608.68M870.53M
Diluted EPS -0.24-0.10-0.17-0.94-0.07-0.07-0.05-0.05-0.09-0.060.010.010.030.040.060.06-0.080.130.180.240.34
R&D Expense 75.88M65.80M86.81M313.92M98.47M110.52M94.32M88.60M88.17M100.86M90.10M99.53M105.71M110.04M108.78M117.56M-134.89M135.04M144.19M-160.98M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 595.41M742.55M1.09B-1.91B2.23B2.87B4.48B
Cost of Revenue ----408.55M431.11M565.99M789.18M
Gross Profit 430.01M500.18M740.13M-1.50B1.79B2.30B3.69B
Operating Expenses ----1.66B1.67B1.99B2.27B
Operating Income -623.44M-576.44M-1.17B--161.20M119.97M310.40M1.41B
EBITDA -----138.68M153.32M341.99M1.44B
Interest Expense ---3.64M4.06M3.47M--
Pretax Income -----361.03M237.09M489.17M1.66B
Tax Provision ----10.07M19.72M21.25M22.72M
Net Income -580.03M-579.65M-1.17B--373.70M209.82M462.19M1.63B
Diluted EPS -1.17-1.02-1.20--0.180.090.190.63
R&D Expense 285.45M305.56M560.66M387.49M359.68M404.62M507.88M557.68M

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 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --1.59B2.69B-3.46B4.52B6.34B8.90B
Current Assets -----3.04B4.14B5.93B8.36B
Cash & Equivalents -1.12B1.08B2.01B-2.60B831.05M2.10B1.42B
Inventory ---------
Receivables -----258.35M364.78M575.05M1.04B
Total Liabilities --1.45B1.17B-818.80M961.46M1.25B1.41B
Current Liabilities --728.60M603.82M-587.94M746.02M996.02M1.18B
Long Term Debt --396.06M197.98M-----
Total Debt -----249.40M229.39M239.22M229.34M
Total Equity -1.50B-1.75B-1.98B1.52B-2.57B3.48B5.00B7.39B
Shares Outstanding -----2.10B2.20B2.34B2.39B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -39.01M-165.22M-296.61M-223.74M712.18M1.15B2.13B
Investing Cash Flow -6.78M-21.96M-14.92M--45.43M-2.71B-340.65M-2.78B
Financing Cash Flow 46.15M324.53M1.04B-86.00M218.84M463.36M-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-183.71M697.07M1.14B2.10B
Net Change in Cash ----264.31M-1.78B1.28B-675.99M
Share Buybacks 7.71M11.20M3.78M00064.20M74.98M

Ratios (Annual)

Figures in %.

Metric Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 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

Insiders
3.50%
Institutions
62.35%
Public Float
64.61%

Top Institutional Holders

#Holder% HeldSharesValue
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

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