Palantir Technologies Inc.
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PLTR Q2 2025 request
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Income Statement
| Metric | Q2 2025 | Q2 2024 | YoY |
|---|---|---|---|
| Revenue | 1,003,697 | 678,134 | +48.0% |
Show Business Segments breakouts |
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| Commercial · Operating Segments | 450,714 | 307,367 | +46.6% |
| Government · Operating Segments | 552,983 | 370,767 | +49.1% |
Show Geography breakouts |
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| 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 |
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| Commercial Contract · Investment Agreement | 5.1 | 9.2 | -44.6% |
Show Concentration Risk By Type breakouts |
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| 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 |
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| 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 |
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| 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 |
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| Accumulated Other Comprehensive Income | 7,715 | 785 | +882.8% |
| Parent | 7,715 | 785 | +882.8% |
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 |
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| 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 |
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| 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
| 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.