Palantir Technologies reported a gross margin of 84.66% and a net margin of 55.08% for the quarter ended Jun 2026. These financial ratios cover 28 quarters of results from Sep 2019 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||||||
| Gross Margin | 77.86% | 79.77% | 78.85% | 78.39% | 77.48% | 79.49% | 79.50% | 79.96% | 80.66% | 82.14% | 81.67% | 81.04% | 79.79% | 78.91% | 80.43% | 80.78% | 82.45% | 84.65% | 86.78% | 84.66% | ||||||||
| EBT Margin | -25.68% | -28.46% | -22.26% | -37.37% | -25.69% | 7.44% | 3.97% | 5.63% | 14.33% | 17.46% | 17.46% | 20.76% | 21.66% | 9.73% | 25.27% | 33.09% | 40.68% | 44.17% | 54.43% | 55.87% | ||||||||
| EBIT Margin | -23.45% | -13.62% | -8.84% | -8.83% | -13.01% | -3.50% | 0.78% | 1.89% | 7.16% | 10.82% | 12.75% | 15.53% | 15.59% | 1.33% | 19.92% | 26.83% | 33.30% | 40.90% | 46.18% | 47.12% | ||||||||
| EBITDA Margin | -23.45% | -13.62% | -8.84% | -8.83% | -13.01% | -3.50% | 0.78% | 1.89% | 7.16% | 10.82% | 12.75% | 15.53% | 15.59% | 1.33% | 19.92% | 26.83% | 33.30% | 40.90% | 46.18% | 47.12% | ||||||||
| Operating Margin | -23.45% | -13.62% | -8.84% | -8.83% | -13.01% | -3.50% | 0.78% | 1.89% | 7.16% | 10.82% | 12.75% | 15.53% | 15.59% | 1.33% | 19.92% | 26.83% | 33.30% | 40.90% | 46.18% | 47.12% | ||||||||
| Net Margin | -26.05% | -36.09% | -22.71% | -37.91% | -25.92% | 6.58% | 3.64% | 5.22% | 13.16% | 15.93% | 16.71% | 19.99% | 20.58% | 9.30% | 24.63% | 32.74% | 40.36% | 43.47% | 53.68% | 55.08% | ||||||||
| FCF Margin | 25.79% | 20.29% | 4.54% | 12.04% | 6.83% | 14.52% | 34.77% | 16.17% | 23.63% | 48.71% | 20.01% | 20.84% | 57.31% | 55.25% | 34.40% | 52.97% | 42.41% | 54.31% | 54.62% | 62.08% | ||||||||
| Efficiency | ||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 3.15B | 3.24B | 3.28B | 3.30B | 3.30B | 3.39B | 3.57B | 3.83B | 4.09B | 4.36B | 4.66B | 5.00B | 5.48B | 6.05B | 6.54B | 7.05B | 7.74B | 8.51B | 9.55B | 10.94B | ||||||||
| Invested CapitalInvested Cap. | 2.29B | |||||||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 0.45 | 0.48 | 0.50 | 0.53 | 0.55 | 0.56 | 0.56 | 0.53 | 0.52 | 0.51 | 0.50 | 0.50 | 0.48 | 0.47 | 0.48 | 0.49 | 0.50 | 0.53 | 0.55 | 0.56 | ||||||||
| Leverage & Solvency | ||||||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -150.97 | -98.07 | -66.40 | -62.31 | -57.48 | -10.41 | 3.23 | 7.65 | 53.89 | 483.78 | ||||||||||||||||||
| Debt Ratio | ||||||||||||||||||||||||||||
| Times Interest Earned | -150.97 | -98.07 | -66.40 | -62.31 | -57.48 | -10.41 | 3.23 | 7.65 | 53.89 | 483.78 | ||||||||||||||||||
| Valuation | ||||||||||||||||||||||||||||
| Price to EarningsP/E | -468.65 | -236.36 | -277.08 | -104.32 | -136.49 | 402.80 | 935.33 | 0.00B | 473.92 | 389.72 | 483.30 | 418.17 | 565.40 | 0.00B | 914.75 | 984.05 | 912.03 | 694.95 | 400.10 | 263.00 | ||||||||
| Price to SalesP/S | 122.06 | 85.29 | 62.93 | 39.55 | 35.38 | 26.50 | 34.07 | 61.80 | 62.35 | 62.10 | 80.78 | 83.59 | 116.38 | 213.75 | 225.33 | 322.14 | 368.10 | 302.13 | 214.78 | 144.85 | ||||||||
| Price to BookP/B | 21.29 | 16.12 | 11.88 | 7.97 | 7.08 | 5.10 | 6.38 | 10.86 | 10.64 | 10.61 | 13.27 | 13.70 | 18.39 | 34.72 | 36.09 | 53.66 | 65.00 | 56.76 | 40.98 | 28.36 | ||||||||
| Enterprise Value | 45.49B | 34.40B | 25.79B | 16.25B | 14.44B | 10.92B | 15.07B | 29.94B | 31.60B | 34.19B | 47.46B | 52.78B | 79.97B | 171.74B | 193.82B | 317.43B | 428.42B | 417.96B | 342.73B | 271.05B | ||||||||
| EV to EBIT | -494.77 | -583.54 | -653.84 | -389.30 | -232.17 | -612.56 | 0.00B | 0.00B | 790.39 | 519.61 | 586.79 | 501.01 | 706.78 | 0.00B | 0.00B | 0.00B | 0.00B | 726.39 | 454.55 | 297.20 | ||||||||
| EV to EBITDA | -494.77 | -583.54 | -653.84 | -389.30 | -232.17 | -612.56 | 0.00B | 0.00B | 790.39 | 519.61 | 586.79 | 501.01 | 706.78 | 0.00B | 0.00B | 0.00B | 0.00B | 726.39 | 454.55 | 297.20 | ||||||||
| Market Capitalization | 47.87B | 36.92B | 28.09B | 18.71B | 16.91B | 13.48B | 17.89B | 32.96B | 34.80B | 37.78B | 51.24B | 56.69B | 84.44B | 176.88B | 199.16B | 323.33B | 434.76B | 425.03B | 350.65B | 280.35B | ||||||||
| Price to FCFP/FCF | 473.36 | 420.35 | 0.00B | 328.38 | 518.16 | 182.49 | 97.99 | 382.10 | 263.91 | 127.49 | 403.75 | 401.16 | 203.08 | 386.87 | 654.95 | 608.20 | 868.01 | 556.31 | 393.21 | 233.31 | ||||||||
| EV to FCF | 449.86 | 391.61 | 0.00B | 285.25 | 442.51 | 147.87 | 82.52 | 347.05 | 239.63 | 115.38 | 373.95 | 373.48 | 192.32 | 375.63 | 637.40 | 597.10 | 855.36 | 547.05 | 384.33 | 225.57 | ||||||||
| EV to CFO | 451.32 | 368.15 | 726.86 | 260.31 | 306.78 | 138.64 | 80.43 | 331.91 | 236.82 | 113.51 | 366.27 | 366.02 | 190.50 | 373.09 | 624.69 | 588.64 | 843.91 | 537.71 | 381.17 | 222.87 | ||||||||
| Return Ratios | ||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -23.45% | -13.62% | -8.84% | -8.83% | -13.01% | -3.50% | 0.78% | 1.89% | 7.16% | 10.82% | 12.75% | 15.53% | 15.59% | 1.33% | 19.92% | 26.83% | 33.30% | 40.90% | 46.18% | 47.12% | ||||||||
| Return on Capital Employed [ROCE]ROCE | -20.61% | -15.96% | -12.87% | -8.81% | -7.75% | -5.75% | -3.96% | -2.09% | 1.07% | 3.32% | 5.03% | 6.96% | 8.05% | 6.14% | 7.28% | 9.55% | 12.95% | 19.29% | 24.39% | 28.02% | ||||||||
| Return on Invested Capital [ROIC]ROIC | ||||||||||||||||||||||||||||
| Return on Assets [ROA]ROA | -16.27% | -16.08% | -15.18% | -16.33% | -16.99% | -10.95% | -7.02% | -1.13% | 3.77% | 4.99% | 6.52% | 8.24% | 8.90% | 7.73% | 8.86% | 10.96% | 14.21% | 19.21% | 24.01% | 27.71% |