Direct Answer
Palantir Technologies reported revenue of $4.5 billion for the fiscal year ended December 31, 2025, with an operating margin of 31.6% and net income of $1.6 billion, according to its SEC filings. Revenue grew 56.2% from the prior year.
What Are Palantir Technologies's Key Financial Figures?
| Fiscal year | FY2025 ended December 31, 2025 | FY2024 ended December 31, 2024 | FY2023 ended December 31, 2023 | FY2022 ended December 31, 2022 |
|---|---|---|---|---|
| Revenue | $4.5 billion | $2.9 billion | $2.2 billion | $1.9 billion |
| Operating income | $1.4 billion | $310 million | $120 million | -$161 million |
| Operating margin | 31.6% | 10.8% | 5.4% | -8.5% |
| Net income | $1.6 billion | $462 million | $210 million | -$374 million |
| Net margin | 36.3% | 16.1% | 9.4% | -19.6% |
| Operating cash flow | $2.1 billion | $1.2 billion | $712 million | $224 million |
| Capital expenditures | $34 million | $13 million | $15 million | $40 million |
| Free cash flow | $2.1 billion | $1.1 billion | $697 million | $184 million |
Operating margin widened by 20.8 percentage points between fiscal 2024 and 2025, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $2.1 billion against net income of $1.6 billion; cash generation covered reported earnings.
What Does Palantir Technologies's Balance Sheet Show?
| Cash and cash equivalents | $1.4 billion |
|---|---|
| Long-term debt | Not reported |
| Total assets | $8.9 billion |
| Total liabilities | $1.4 billion |
| Shareholders' equity | $7.4 billion |
| Current ratio | 7.1x |
Balance sheet values are as of the end of fiscal 2025. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions.
Where These Numbers Come From
Every figure on this page is a value Palantir Technologies reported in its own SEC filings, read from the SEC's XBRL data (accession 0001321655-26-000011 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
What was Palantir Technologies's revenue in fiscal 2025?
Palantir Technologies reported revenue of $4.5 billion for the fiscal year ended December 31, 2025, according to its SEC filings.
What is Palantir Technologies's operating margin?
Palantir Technologies's operating margin was 31.6% in fiscal 2025: operating income of $1.4 billion on revenue of $4.5 billion.
How much free cash flow did Palantir Technologies generate?
Operating cash flow of $2.1 billion less capital expenditures of $34 million gives free cash flow of $2.1 billion for fiscal 2025.