Palantir is an enterprise and government AI software company built around Gotham, Foundry, AIP, and its ontology layer. Its investment outlook balances exceptional growth and strategic defense relevance against one of the highest valuations in large-cap software.
Palantir Technologies (PLTR) Stock Price & Market Analysis
PLTR · NASDAQ · Software - Infrastructure
DelayedExact provider delay not stated
$187.39
▼ -$13.11(-6.54%)12:24 PM ET - vs previous closeQuote as of Oct 16, 2026, 12:24 PM EDT
NASDAQ regular-session quote as of Oct 16, 2026, 12:24 PM EDT.
Yahoo Finance · delayed, minutes not stated · as of Oct 16, 2026, 12:24 PM EDT · current source
Last session3%
$186.88L Oct 16 '26$203.55H Oct 16 '26
52-week range76%
$106.37L Jun 25 '26$212.94H Oct 12 '26
Long-term rangesAvailable historyHide
Available history(2020-09-30)88%
$5.92L Dec 27 '22$212.94H Oct 12 '26
Price history: 2020-09-30–2026-10-15. Earlier trading may not be included. Highs and lows use intraday prices when available, otherwise closing prices. The 52-week range is reported separately by Yahoo Finance.
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Data dates
PriceDelayedLast traded
FundamentalsLast checked
AnalystLast checked
NewsLatest item
What matters next
Next important events
- Nov 2, 2026Next earningsFinnhub · Confirmed · Last verified 2026-10-16
Countdown
17 days out
Reported fundamentals
PLTR financial overview
Annual revenue
USD 4.48B
Sales for the fiscal year ended Dec 31, 2025. This is not trailing twelve-month revenue.
Revenue change
+56.2%
Change versus the fiscal year ended Dec 31, 2024.
Net profit margin
36.3%
Net income divided by revenue for the fiscal year ended Dec 31, 2025. This is not the trailing margin.
These reported results describe the business’s recent scale and profitability. Compare cash generation and valuation before forming an investment view; historical growth is not a forecast.
Company · Profile
About Palantir Technologies (PLTR)
Sector, leadership, and how Palantir Technologies earns its revenue.
Technology
Company · Profile
About Palantir Technologies (PLTR)
Sector, leadership, and how Palantir Technologies earns its revenue.
Palantir Technologies
NASDAQ · PLTR · US
Company overview.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Headquarters
- Denver, Colorado
- Country
- US
- Founded
- 2003
- Employees
- 4,401
- Exchange
- NASDAQ
How Palantir Technologies makes money
Ontology
Operational AI, not just chat
Palantir maps real-world business objects, permissions, workflows, and decisions into an ontology so AI can act on operational data rather than loose documents.
Government
Gotham and defense remain core
Government contracts, Maven, and Golden Dome exposure give Palantir strategic relevance and visibility, but also political and procurement risk.
Commercial
AIP boot camps accelerate adoption
The commercial story depends on converting AIP pilots into durable enterprise deployments with expanding contract value.
Valuation
The hardest part of the thesis
Palantir can be an excellent business and still be a difficult stock if revenue growth cannot justify the sales and earnings multiple.
Key takeaways for PLTR
PLTR is a high-quality AI software platform with unusually strong government relevance.
The bull case rests on AIP becoming a repeatable enterprise operating layer.
The bear case is valuation: even strong execution may not protect the stock if expectations are too high.
Business model & operating evidenceExplore business exposure, reported operating measures and the evidence behind growth and profitability claims.
AI business exposure
- Revenue exposure
- AI-specific revenue is not separated in the available company statements.
- Capital-spending dependency
- No reviewed quantitative dependency model is available.
- Compute role
- See the sourced business description; AI labels do not establish compute revenue.
- Platform examples
- An exhaustive, consistently defined product inventory is unavailable.
- Ecosystem links
- Supplier and customer links require reviewed disclosures.
Narrative versus numbers
Demand is expanding
Supporting observation: 92.8%
Year-over-year growth in the latest quarter. This differs from the fiscal-year revenue change shown above. · SEC Companyfacts · 2026-06-30
Growth produces accounting profit
Supporting observation: 49.0%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · SEC Companyfacts · 2026-10-16T11:55:41.249Z
The business generates cash after investment
Supporting observation: USD 1.2B
Latest reported free cash flow. It is not a forecast and may cover a different period from the fiscal-year figures above. · SEC Companyfacts · 2026-06-30
These are explicit tests of individual claims, not an overall bull/bear rating. Demand growth can coexist with valuation, concentration and financing risk.
Operating measures
- Revenue
- $1.94Bquarter ended Jun 30, 2026
- Gross margin
- 84.7%quarter ended Jun 30, 2026
- Operating margin
- 47.1%quarter ended Jun 30, 2026
- EPS
- $0.41quarter ended Jun 30, 2026
- Capital expenditure
- $14.55Mquarter ended Jun 30, 2026
- Free cash flow
- $1.20Bquarter ended Jun 30, 2026
- Free cash flow margin
- 62.1%quarter ended Jun 30, 2026
- Operating cash / net income
- 1.15×quarter ended Jun 30, 2026
- Revenue growth year over year
- 92.8%quarter ended Jun 30, 2026
Leadership
Chief executive officerName unavailable
Ownership filings and insider activityCompetitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Reviewed company relationships
Direct competitors, industry comparables and thematic alternatives have different uses. Compare fiscal periods and business mix before comparing multiples.
Company-specific relationship evidence is not included in this snapshot. Explore the industry comparisons below without assuming that every comparable is a direct competitor.
A disclosed relationship is historical evidence, not a current valuation or a recommendation.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
All data sources
Search the dated figures used for this view. Each entry identifies its units, reporting period and calculation status.
Research tools
Regular session
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-10-19 · 9:30 AM America/New_York
Exchange calendar includes scheduled holidays and early closes. Extended-session prices appear separately only when supplied by the quote source.
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