The financials
Palantir Technologies by the numbers
Palantir Technologies (PLTR) reported revenue of $1.94B in Q2 2026 (quarter ended June 30, 2026), up 93% from the same quarter a year earlier. That came with a gross margin of 85% and net income of $1.06B (55% of revenue). For the full year FY2025, revenue was $4.48B (+56% year on year) and net income $1.63B. Its largest segment in 2026-Q1 was Government Operating at $858M, 53% of the disclosed total, just ahead of Commercial Operating at 47%.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $1.94B | $1.00B | +93% |
| Gross profit | $1.64B | $811M | +102% |
| Operating income | $912M | $269M | +239% |
| Net income | $1.06B | $327M | +225% |
| Diluted EPS | $0.41 | $0.13 | +215% |
| Operating | Revenue | Share |
|---|---|---|
| Government Operating | $858M | 53% |
| Commercial Operating | $774M | 47% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $1.63B (+38%)
Commercial Operating grew +95% year on yearGovernment Operating +76% year on year
Segment Latestquarter on quarteryear on year
- Government Operating$858.4M$858.4MQoQ +36%year on year +76%+36%+76%
- Commercial Operating$774.2M$774.2MQoQ -year on year +95%-+95%
- Commercial--QoQ -year on year ---
Software - Infrastructure
Ranks #42 of 78 by Smart Score