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
Last confirmed priceDelayed
$184.11
▼ -$12.31(-6.27%)4:00 PM ET - vs previous closeQuote as of Oct 30, 2026, 4:00 PM EDT
Regular-session close · Oct 30, 2026, 4:00 PM EDT.
Last session4%
$183.68L Oct 30 '26$193.92H Oct 30 '26
Historical range: 2020-09-30–2026-10-30. Earlier trading may not be included.
Loading price chart…
Last available data
Updated market data is temporarily unavailable. The figures shown are from the last available update, dated . Prices are not real time. Check each figure’s date and reporting period.
What matters next
Next important events
- Nov 2, 2026Next earnings (est.) · After market closeEstimated · After market close · Last verified 2026-11-01
Countdown
Tomorrow
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 · ProfileAbout Palantir Technologies (PLTR)Sector, leadership, and how Palantir Technologies earns its revenue.Technology
Palantir Technologies
NASDAQ · PLTR · US
Company overview.
- Sector
- Technology
- Industry
- Software - Infrastructure
- Headquarters
- Denver, Colorado
- Country
- US
- Founded
- 2003
- Employees
- 4,401
- CEO
- Dr. Alexander C. Karp J.D.
- 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 resultsExplore business exposure, reported operating measures and the figures behind growth and profitability claims.
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. · 2026-06-30
Growth produces accounting profit
Supporting observation: 49.0%
Reported-period net margin. A positive figure supports accounting profitability, not cash generation. · 2026-11-01T01:05:28.070Z
The business generates cash after investment
Supporting observation: USD 1.2B
Latest free cash flow from the statement feed. It is not a forecast and may cover a different period from the fiscal-year figures above. · 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
Competitors & comparisonsCompare industry peers, reporting periods and related funds. Business mix and valuation bases may differ.
Valuation & fund comparisonsExplore dated peer valuations, growth comparisons and related funds.
Governance & sustainability
Research tools
Market closed
Regular hours: 9:30 AM–4:00 PM America/New_York
Next open: 2026-11-02 · 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.
PortfolioReport data issue
Shortcuts
With research tools focused: / search · W watchlist · C compare · F financials · E earnings · N news · T technicals · Esc close
TECHi.com