Palantir Technologies reported revenue of $1935.46M and net income of $1065.96M for the quarter ended Jun 2026, up 92.8% year over year. This income statement covers 29 quarters of results from Dec 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2018 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | |||||||||||||||||||||||||||||
| Revenue | 392.15M | 432.87M | 446.36M | 473.01M | 477.88M | 508.62M | 525.19M | 533.32M | 558.16M | 608.35M | 634.34M | 678.13M | 725.52M | 827.52M | 883.86M | 1,003.70M | 1,181.09M | 1,406.80M | 1,632.58M | 1,935.46M | |||||||||
| Cost of RevenueCost of Rev | 86.80M | 87.56M | 94.40M | 102.22M | 107.61M | 104.31M | 107.64M | 106.90M | 107.92M | 108.64M | 116.26M | 128.56M | 146.64M | 174.53M | 172.97M | 192.93M | 207.31M | 215.97M | 215.80M | 296.87M | |||||||||
| Gross Profit | 305.34M | 345.30M | 351.95M | 370.79M | 370.27M | 404.31M | 417.54M | 426.42M | 450.24M | 499.71M | 518.08M | 549.57M | 578.88M | 652.99M | 710.88M | 810.76M | 973.78M | 1,190.84M | 1,416.79M | 1,638.59M | |||||||||
| Operating items | |||||||||||||||||||||||||||||
| Research & DevelopmentR&D | 153.44M | 162.59M | 160.49M | 168.88M | 182.92M | 190.23M | 187.09M | 184.16M | 176.37M | 197.36M | 193.18M | 196.81M | 209.47M | 288.30M | 236.31M | 243.79M | 274.64M | 302.13M | 319.22M | 339.50M | |||||||||
| Selling, General & AdministrativeSG&A | 149.52M | 157.48M | 142.31M | 155.49M | 148.68M | 149.86M | 136.23M | 132.65M | 128.17M | 127.27M | 133.98M | 138.64M | 138.71M | 182.15M | 163.64M | 162.62M | 161.70M | 169.76M | 182.59M | 194.58M | |||||||||
| Other Operating ExpensesOther Opex | 94.32M | 84.18M | 88.60M | 88.17M | 100.86M | 82.04M | 90.10M | 99.53M | 105.71M | 109.28M | 110.04M | 108.78M | 117.56M | 171.50M | 134.89M | 135.04M | 144.19M | 143.55M | 160.98M | 192.51M | |||||||||
| Operating ExpensesOpex | 397.28M | 404.25M | 391.39M | 412.53M | 432.46M | 422.14M | 413.43M | 416.34M | 410.25M | 433.92M | 437.20M | 444.23M | 465.74M | 641.94M | 534.84M | 541.45M | 580.53M | 615.44M | 662.79M | 726.59M | |||||||||
| Operating IncomeOp. Inc | -91.94M | -58.94M | -39.44M | -41.74M | -62.19M | -17.83M | 4.12M | 10.07M | 39.98M | 65.79M | 80.88M | 105.34M | 113.14M | 11.04M | 176.05M | 269.32M | 393.26M | 575.39M | 754.00M | 912.00M | |||||||||
| EBIT | -91.94M | -58.94M | -39.44M | -41.74M | -62.19M | -17.83M | 4.12M | 10.07M | 39.98M | 65.79M | 80.88M | 105.34M | 113.14M | 11.04M | 176.05M | 269.32M | 393.26M | 575.39M | 754.00M | 912.00M | |||||||||
| Non-operating items | |||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.61M | 0.60M | 0.59M | 0.67M | 1.08M | 1.71M | 1.27M | 1.32M | 0.74M | 0.14M | |||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.38M | 0.48M | 0.55M | 1.47M | 5.54M | 12.75M | 20.85M | 30.31M | 36.86M | 44.55M | 43.35M | 46.59M | 52.12M | 54.73M | 50.44M | 56.26M | 59.76M | 62.72M | 66.39M | 77.50M | |||||||||
| Other Non Operating IncomeOther Non Op Inc. | -8.53M | -64.12M | -59.87M | -135.80M | -65.05M | 40.58M | -4.14M | -10.34M | 3.12M | -4.09M | -13.51M | -11.17M | -8.11M | 14.77M | -3.17M | 6.60M | 27.48M | -16.73M | 68.21M | 91.84M | |||||||||
| Net income details | |||||||||||||||||||||||||||||
| EBT | -100.70M | -123.18M | -99.36M | -176.74M | -122.78M | 37.85M | 20.83M | 30.04M | 79.97M | 106.25M | 110.73M | 140.76M | 157.15M | 80.54M | 223.32M | 332.17M | 480.50M | 621.38M | 888.60M | 1,081.35M | |||||||||
| Tax ProvisionsTaxes | 1.44M | 33.02M | 2.02M | 2.60M | 1.10M | 4.39M | 1.70M | 2.20M | 6.53M | 9.32M | 4.70M | 5.20M | 7.81M | 3.60M | 5.60M | 3.60M | 3.80M | 9.78M | 12.20M | 15.38M | |||||||||
| Profit After TaxPAT | -102.14M | -156.19M | -101.38M | -179.33M | -123.88M | 30.88M | 19.15M | 28.13M | 73.44M | 96.91M | 106.07M | 135.57M | 149.34M | 76.94M | 217.72M | 328.57M | 476.75M | 611.61M | 876.40M | 1,065.96M | |||||||||
| Income from Non-Controlling InterestsInc. Minority | 2.61M | 2.35M | -0.26M | 1.93M | 3.52M | 0.54M | 1.44M | 5.82M | -2.07M | 3.69M | 1.84M | 1.15M | 2.93M | 5.88M | 4.07M | ||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -102.14M | -156.20M | -101.38M | -179.34M | -123.88M | 33.46M | 19.13M | 27.84M | 73.44M | 96.93M | 106.03M | 135.56M | 149.34M | 76.94M | 217.72M | 328.57M | 476.70M | 611.61M | 876.40M | 1,065.96M | |||||||||
| Consolidated Net IncomeConsol Net Inc. | -102.14M | -156.20M | -101.38M | -179.34M | -123.88M | 33.46M | 19.13M | 27.84M | 73.44M | 96.93M | 106.03M | 135.56M | 149.34M | 76.94M | 217.72M | 328.57M | 476.70M | 611.61M | 876.40M | 1,065.96M | |||||||||
| Income towards Parent CompanyParent Net Inc | -102.14M | -156.20M | -101.38M | -179.34M | -123.88M | 33.46M | 19.13M | 27.84M | 73.44M | 96.93M | 106.03M | 135.56M | 149.34M | 76.94M | 217.72M | 328.57M | 476.70M | 611.61M | 876.40M | 1,065.96M | |||||||||
| Net Income towards Common StockholdersNet Income | -102.14M | -156.20M | -101.38M | -179.34M | -123.88M | 33.46M | 19.13M | 27.84M | 73.44M | 96.93M | 106.03M | 135.56M | 149.34M | 76.94M | 217.72M | 328.57M | 476.70M | 611.61M | 876.40M | 1,065.96M | |||||||||
| Additional items | |||||||||||||||||||||||||||||
| EPS (Basic) | -0.05 | -0.08 | -0.05 | -0.09 | -0.06 | 0.02 | 0.01 | 0.01 | 0.03 | 0.05 | 0.05 | 0.06 | 0.07 | 0.03 | 0.09 | 0.14 | 0.20 | 0.26 | 0.37 | 0.44 | |||||||||
| EPS (Diluted) | -0.05 | -0.08 | -0.05 | -0.09 | -0.06 | 0.02 | 0.01 | 0.01 | 0.03 | 0.04 | 0.04 | 0.06 | 0.06 | 0.03 | 0.09 | 0.13 | 0.19 | 0.24 | 0.34 | 0.41 | |||||||||
| Shares Outstanding | 1,964.39M | 1,923.62M | 2,036.31M | 2,054.80M | 2,073.26M | 2,063.79M | 2,107.78M | 2,131.22M | 2,162.53M | 2,147.45M | 2,213.55M | 2,231.59M | 2,250.03M | 2,250.16M | 2,348.68M | 2,365.20M | 2,377.17M | 2,369.61M | 2,393.87M | 2,399.82M | |||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 1,964.39M | 1,923.62M | 2,036.31M | 2,054.80M | 2,073.26M | 2,063.79M | 2,217.44M | 2,278.16M | 2,325.60M | 2,297.93M | 2,400.11M | 2,414.70M | 2,459.59M | 2,450.82M | 2,552.82M | 2,562.91M | 2,571.06M | 2,565.20M | 2,570.92M | 2,568.69M | |||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 1,991.12M | 2,027.47M | 2,045.88M | 2,062.74M | 2,079.66M | 2,099.07M | 2,117.73M | 2,149.98M | 2,175.24M | 2,200.13M | 2,226.96M | 2,237.94M | 2,269.81M | 2,338.80M | 2,359.66M | 2,371.85M | 2,383.31M | 2,391.19M | 2,397.13M | 2,402.90M | |||||||||
| EBITDA | -91.94M | -58.94M | -39.44M | -41.74M | -62.19M | -17.83M | 4.12M | 10.07M | 39.98M | 65.79M | 80.88M | 105.34M | 113.14M | 11.04M | 176.05M | 269.32M | 393.26M | 575.39M | 754.00M | 912.00M | |||||||||
| Interest ExpensesInt Expense | 0.61M | 0.60M | 0.59M | 0.67M | 1.08M | 1.71M | 1.27M | 1.32M | 0.74M | 0.14M | |||||||||||||||||||
| Tax Rate | -1.43% | -26.81% | -2.04% | -1.47% | -0.90% | 11.61% | 8.16% | 7.32% | 8.17% | 8.77% | 4.24% | 3.69% | 4.97% | 4.47% | 2.51% | 1.08% | 0.79% | 1.57% | 1.37% | 1.42% |