Palantir Technologies Inc. (PLTR) stock
PLTRNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 3, 2026Score 14/30255% above fair value
$171.58−0.82 (-0.48%)
Close on Nov 12, 2026Market cap $412.32BP/E 120.0Yield –
Palantir Technologies gross margin
Gross margin is gross profit as a percentage of revenue.
Palantir Technologies's gross margin for the twelve months ending Sep 30, 2026 was 84.7%. For fiscal 2025 it was 82.4%, against 80.2% the year before. The highest annual figure on record is 82.4% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 82.4% | +2.1 |
| FY2024 | Dec 31, 2024 | 80.2% | −0.4 |
| FY2023 | Dec 31, 2023 | 80.6% | +2.1 |
| FY2022 | Dec 31, 2022 | 78.6% | +0.6 |
| FY2021 | Dec 31, 2021 | 78.0% | +10.3 |
| FY2020 | Dec 31, 2020 | 67.7% | +0.4 |
| FY2019 | Dec 31, 2019 | 67.4% | −4.9 |
| FY2018 | Dec 31, 2018 | 72.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 83.4% | +1.0 |
| Q2 FY2026 | Jun 30, 2026 | 84.7% | +3.9 |
| Q1 FY2026 | Mar 31, 2026 | 86.8% | +6.4 |
| Q4 FY2025 | Dec 31, 2025 | 84.6% | +5.7 |
| Q3 FY2025 | Sep 30, 2025 | 82.4% | +2.7 |
| Q2 FY2025 | Jun 30, 2025 | 80.8% | −0.3 |
| Q1 FY2025 | Mar 31, 2025 | 80.4% | −1.2 |
| Q4 FY2024 | Dec 31, 2024 | 78.9% | −3.2 |
| Q3 FY2024 | Sep 30, 2024 | 79.8% | −0.9 |
| Q2 FY2024 | Jun 30, 2024 | 81.0% | +1.1 |
| Q1 FY2024 | Mar 31, 2024 | 81.7% | +2.2 |
| Q4 FY2023 | Dec 31, 2023 | 82.1% | +2.7 |
| Q3 FY2023 | Sep 30, 2023 | 80.7% | +3.2 |
| Q2 FY2023 | Jun 30, 2023 | 80.0% | +1.6 |
| Q1 FY2023 | Mar 31, 2023 | 79.5% | +0.7 |
| Q4 FY2022 | Dec 31, 2022 | 79.5% | −0.3 |
| Q3 FY2022 | Sep 30, 2022 | 77.5% | −0.4 |
| Q2 FY2022 | Jun 30, 2022 | 78.4% | +2.6 |
| Q1 FY2022 | Mar 31, 2022 | 78.9% | +0.6 |
| Q4 FY2021 | Dec 31, 2021 | 79.8% | +1.7 |
| Q3 FY2021 | Sep 30, 2021 | 77.9% | +29.5 |
| Q2 FY2021 | Jun 30, 2021 | 75.8% | +3.0 |
| Q1 FY2021 | Mar 31, 2021 | 78.3% | +6.3 |
| Q4 FY2020 | Dec 31, 2020 | 78.1% | +11.2 |
| Q3 FY2020 | Sep 30, 2020 | 48.4% | −17.5 |
| Q2 FY2020 | Jun 30, 2020 | 72.8% | – |
| Q1 FY2020 | Mar 31, 2020 | 72.0% | – |
| Q4 FY2019 | Dec 31, 2019 | 66.9% | – |
| Q3 FY2019 | Sep 30, 2019 | 65.8% | – |
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