Palantir Technologies Inc.

PLTR 10-Q · Q2 2025

PLTR Q2 2025 request

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Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 1,003,697 678,134 +48.0%
Show Business Segments breakouts
Commercial · Operating Segments 450,714 307,367 +46.6%
Government · Operating Segments 552,983 370,767 +49.1%
Show Geography breakouts
GB · Geographic Concentration Risk 97,172 76,991 +26.2%
Rest of world · Geographic Concentration Risk 173,933 163,954 +6.1%
US · Geographic Concentration Risk 732,592 437,189 +67.6%
Show Type of Contract [Axis] breakouts
Commercial Contract · Investment Agreement 5.1 9.2 -44.6%
Show Concentration Risk By Type breakouts
Geographic Concentration Risk 1,003,697 678,134 +48.0%
Cost of Revenue 192,934 128,562 +50.1%
Gross Profit 810,763 549,572 +47.5%
Sales & Marketing 243,788 196,809 +23.9%
Research & Development 135,043 108,781 +24.1%
General & Administrative 162,615 138,643 +17.3%
Operating Expenses 541,446 444,233 +21.9%
Operating Income 269,317 105,339 +155.7%
Show Consolidation Items breakouts
Material Reconciling Items 269,317 105,339 +155.7%
Interest Income 56,255 46,593 +20.7%
Other Non-Operating Income (Expense) 6,596 -11,173 +159.0%
Income Before Taxes 332,168 140,759 +136.0%
Income Tax Expense (Benefit) 3,596 5,189 -30.7%
Net Income 328,572 135,570 +142.4%
Show Equity Components breakouts
Noncontrolling Interest 1,845 1,444 +27.8%
Parent 326,727 134,126 +143.6%
Retained Earnings 326,727 134,126 +143.6%
Net Income Loss Attributable To Noncontrolling Interest 1,845 1,444 +27.8%
Net Income 326,727 134,126 +143.6%
EPS (Basic) 0.14 0.06 +133.3%
EPS (Diluted) 0.13 0.06 +116.7%
Wtd Avg Shares (Basic) 2,365,196 2,231,592 +6.0%
Wtd Avg Shares (Diluted) 2,562,912 2,414,696 +6.1%
Comprehensive Income 334,442 134,911 +147.9%
Other Comprehensive Income 7,715 678 +1037.9%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 7,715 785 +882.8%
Parent 7,715 785 +882.8%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 929,547 512,659 +81.3%
Marketable Securities (Current) 5,070,875 3,485,800 +45.5%
Accounts Receivable 747,484 659,339 +13.4%
Prepaid Expenses & Other Current Assets 142,487 115,712 +23.1%
Total Current Assets 6,890,393 4,773,510 +44.3%
Non-Current Assets
Property, Plant & Equipment 43,523 43,483 +0.1%
Operating Lease Right-of-Use Assets 203,474 213,453 -4.7%
Other Non-Current Assets 228,298 161,434 +41.4%
Total Assets 7,365,688 5,191,880 +41.9%
Intangible Assets 15,760 21,474 -26.6%
Show Finite Lived Intangible Assets By Major Class breakouts
Customer Relationships 4,853 6,933 -30.0%
Reacquired rights 10,907 13,424 -18.8%
Current Liabilities
Accounts Payable 10,774 67,345 -84.0%
Accrued Liabilities 393,623 195,489 +101.4%
Deferred Revenue 376,784 278,441 +35.3%
Customer Deposit Current 262,994 221,519 +18.7%
Operating Lease Liability Current 45,465 44,125 +3.0%
Total Current Liabilities 1,089,640 806,919 +35.0%
Non-Current Liabilities
Deferred Revenue Noncurrent 44,638 15,649 +185.2%
Customer Deposit Noncurrent 1,491 1,527 -2.4%
Operating Lease Liabilities 192,347 214,334 -10.3%
Other Non-Current Liabilities 12,008 15,645 -23.2%
Total Liabilities 1,340,124 1,054,074 +27.1%
Stockholders' Equity
Common Stock 2,372 2,238 +6.0%
Additional Paid-In Capital 10,568,473 9,463,178 +11.7%
Accumulated Other Comprehensive Income 4,721 -4,935 +195.7%
Retained Earnings -4,646,665 -5,409,957 +14.1%
Total Stockholders' Equity 5,928,901 4,050,524 +46.4%
Minority Interest 96,663 87,282 +10.7%
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 6,025,564 4,137,806 +45.6%
Show Equity Components breakouts
Accumulated Other Comprehensive Income 4,721 -4,935 +195.7%
Additional Paid In Capital 10,568,473 9,463,178 +11.7%
Common Stock 2,372 2,238 +6.0%
Noncontrolling Interest 96,663 87,282 +10.7%
Parent 5,928,901 4,050,524 +46.4%
Retained Earnings -4,646,665 -5,409,957 +14.1%
Total Liabilities & Equity 7,365,688 5,191,880 +41.9%

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Depreciation & Amortization 13,152 16,494 -20.3%
Stock-Based Compensation 315,310 267,415 +17.9%
Equity Securities Fv Ni Gain Loss -452 20,042 -102.3%
Noncash Consideration Received -24,441 -26,484 +7.7%
Other Operating Activities Cash Flow Statement 26,533 11,351 +133.8%
Change in Accounts Receivable -163,501 -298,311 +45.2%
Change in Prepaid & Other Assets -7,307 2,797 -361.2%
Increase Decrease In Accounts Payable And Accrued Liabilities 48,202 22,824 +111.2%
Change in Deferred Revenue 120,666 33,269 +262.7%
Increase Decrease In Other Operating Liabilities -24,937 -17,272 -44.4%
Net Cash from Operations 849,514 273,766 +210.3%
Investing Activities
Capital Expenditures -13,818 -5,543 -149.3%
Payments To Acquire Marketable Securities -2,576,231 -1,784,115 -44.4%
Proceeds From Sale And Maturity Of Marketable Securities 652,762 1,133,535 -42.4%
Payments To Acquire Other Investments -70,000 -4,000 -1650.0%
Net Cash from Investing -2,007,287 -660,123 -204.1%
Financing Activities
Proceeds From Stock Options Exercised 95,201 99,870 -4.7%
Share Repurchases -36,594 -26,699 -37.1%
Tax Withholding for Share Compensation -81,117
Proceeds From Payments For Other Financing Activities 63 102 -38.2%
Net Cash from Financing -22,447 73,273 -130.6%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 11,518 -4,948 +332.8%
Net Change in Cash -1,168,702 -318,032 -267.5%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 951,234 532,075 +78.8%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

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