Dashboard|PLTR – Overview

PLTR

Palantir Technologies Inc.

Technology • CIK: 0001321655

Market Cap

$428.49B

P/E (TTM)

388.1x

Rev Growth (TTM)

+47.2%

Net Margin (TTM)

28.1%

FCF Yield (TTM)

0.4%

FCF Margin (TTM)

46.0%

LATEST EARNINGS

•

Q4 FY2025

•

25 days ago

•View source

Revenue

$1.41B

+70.0%

Net Income

$611.61M

—

EPS

$0.24

+700.0%

Gross

84.7%↑ +5.8%

Operating

40.9%↑ +39.6%

Net

43.3%↑ +33.7%

•Revenue grew 70% year-over-year to $1.407 billion, accelerating from prior periods.
•U.S. revenue grew 93% year-over-year to $1.076 billion, with U.S. commercial revenue up 137% year-over-year to $507 million.
•Record-setting $4.262 billion of total contract value (TCV) closed, up 138% year-over-year.
•Customer count grew 34% year-over-year.

View Full Earnings →

Cash Flow Health

Free Cash Flow8/8 positive

TTM$1.8B

Q3 '25

$501M-6%

Q2 '25

$532M+75%

FCF Margin

TTM46.0%

Q3 '2542.4%-20%

Sector: 14.5%Top 10%

OCF Margin46.6%

OCF/NI1.66x

CapEx Coverage76.6x

FCF Yield0.4%

FCF Growth (2Y)+109%

Cash Conversion Cycle

60 days

DSO: 68+DIO: 0−DPO: 7

View Insights from Latest Filing →View Full Cash Flow Statement →

Capital Allocation & Returns

Accumulating Cash

Total Shareholder YieldTTM

TTM0.0%

Div Yield0.0%

Buyback (TTM)0.0%

Limited capital returns

Dividend & Payout Metrics

Dividend Yield (TTM)0.0%

Free Cash Flow (TTM)$1.8B

Stock Repurchases (TTM)$74.4M

Capital Return / FCF4.1%

Est. Dividends Paid (TTM)$0

Shows how management rewards shareholders

Operational Efficiency & Returns

Return on Invested CapitalTTM

14.9%

Moderate

+0.7% YoY+14.5%

P25MedianP75

75th pctl (med: 0.1%)

DuPont BreakdownROIC = Margin × Turn × (1+D/E)

NOPAT Margin

21.5%

8Q: 14.9%

Asset Turnover

0.57x

8Q: 0.55x

Leverage (1+D/E)

1.00x

D/E: 0.00x

DuPont: 12.2% ≈ 14.9% ROIC

Asset & CapEx Efficiency

Fixed Asset Turn

93.97x

8Q:76.00x

+5906.2%

Invested Cap Turn

0.69x

8Q:0.67x

+3.8%

CapEx Intensity

0.4%

8Q:0.4%

CapEx/Depreciation

0.91x

Depreciation Rate Trend

⚠ Declining -9.6%

Asset-based ROIC formula

Full Analysis

QUARTERLY TRENDS

Last 8 quarters + TTM

Metric	TTM	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023
Revenue	$3.9B	$1.2B↑17.7%	$1.0B↑13.6%	$883.9M↑6.8%	$827.5M↑14.1%	$725.5M↑7.0%	$678.1M↑6.9%	$634.3M↑4.3%	$608.4M
Operating Income	$849.7M	$393.3M↑46.0%	$269.3M↑53.0%	$176.0M↑1494.2%	$11.0M↓90.2%	$113.1M↑7.4%	$105.3M↑30.2%	$80.9M↑22.9%	$65.8M
Net Income	$1.1B	$475.6M↑45.6%	$326.7M↑52.7%	$214.0M↑170.9%	$79.0M↓45.0%	$143.5M↑7.0%	$134.1M↑27.1%	$105.5M↑13.0%	$93.4M
Operating Cash Flow	$1.8B	$507.7M↓5.9%	$539.3M↑73.8%	$310.3M↓32.6%	$460.3M↑9.7%	$419.8M↑191.1%	$144.2M↑11.3%	$129.6M↓57.0%	$301.2M
Free Cash Flow	$1.8B	$500.9M↓5.8%	$531.6M↑74.8%	$304.1M↓33.5%	$457.2M↑10.0%	$415.8M↑194.2%	$141.3M↑11.3%	$126.9M↓57.2%	$296.3M
Total Equity	N/A

Income Statement Cash Flow Statement Balance Sheet

Valuation Analysis

Fair Value

Price-to-EarningsTTM

388.1x

Volatile

8Q: 766.0x+78050%

High PEG ratio (3.5x) suggests expensive for growth

Valuation Lenses

Earnings

388.1x

vs – sector

Cash Flow

130.6x

EV/FCF vs –

Growth-Adj

3.5xPEG

Expensive for growth

Quality-Adj

26.1P/E per %ROIC

ROIC: 14.9%

Shareholder Returns

Dividend

–

Buyback

0.0%

Total Yield

0.0%

Market Cap$428.49B

EV–

Multi-angle valuation analysis with sector context

Business Quality & Moat

Overall Quality Score

84/100

Exceptional

Composite score: Returns (40%) + Consistency (30%) + Earnings Quality (30%)

Returns on Capital

Return on Equity (ROE)Above Avg

20.0%

8Q:–

Return on Invested Capital (ROIC)Top 25%

14.9%

8Q:–

+14.5%

vs Sector:0.1%

DuPont Analysis (ROIC = NOPAT Margin × Asset Turnover)

NOPAT Margin: 21.5%

Asset Turnover: 0.57x

Earnings Quality

Cash Conversion

1.66x

OCF / Net Income ✓

FCF Consistency

–

Positive quarters

Competitive Moat Indicators

Pricing Power

Gross Margin80.8%

Capital Efficiency

Invested Capital Turnover0.69x

Working Capital

Cash Conversion Cycle60 days

Growth Quality & Momentum

Quality Growth

Growth Quality Score

80/100

Growth 40%

Margins 30%

FCF 20%

Consistency 10%

Growth Rates

Revenue Growth YoY

47.2%

OpInc Growth YoY

247.6%

EPS Growth YoY

110.0%

FCF 3Y CAGR

108.7%

Growth Quality Analysis

✓Efficient Growth: Free cash flow growing faster than revenue

✓Sustainability Index: 8.5/10 - Highly sustainable growth

Margin Quality & Sustainability

Low Quality

Profitability Cascade

Gross

80.8%

Operating

21.8%

Above Avg in sector

Net

28.1%

Margins Unknown

Earnings Quality Signals

SBC / Revenue

—

FCF vs Net Gap

+17.9 pts

FCF: 46.0% | Net: 28.1%

Quality = stability + cash conversion + low dilution

Balance Sheet & Solvency

Fortress

Net Debt / EBITDA

Net Cash

(0.0x)Net Cash: $6.47B

Interest Coverage

–

+Net cash position: $6.47B

Leverage Metrics

Debt-to-Equity

0.00x

Balance sheet risk & solvency analysis