Palantir Technologies (PLTR) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Palantir Technologies

NasdaqGS•Technology•Software - Infrastructure

$177.64+1.40(0.01%)After hours

Market Cap

$418.38B

P/E

138.7x

P/S

68.0x

P/B

42.8x

Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. It provides Palantir Gotham integrates with other platforms for defense offerings which enables users to see, understand, and act in the modern battlespace; operations centers to the tactical edge; integrating data from domains and sensors in near real-time; and situational awareness and accelerating operational decision-making, as well as facilitates the hand-off between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that helps organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform that provides unified access to open-source, self-hosted, and commercial large language models (LLMs) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company also has a strategic partnership with Ondas Inc. to develop and deploy AI-enabled operational capabilities to scale stratospheric, aerial, and land-based ISR missions. The company has a strategic collaboration with NVIDIA to deliver an intelligent engine for running NVIDIA AI and Nemotron open models in sovereign environments and with PwC to transform critical business operations and deliver measurable enterprise value. The company was incorporated in 2003 and is headquartered in Aventura, Florida.

How this company scores

ExcellentMetricSide Score: 87/100

Strongest: Profitability (25/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability25/25

Growth22/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality25/25

Strengths

Growing revenueRising free cash flowStrong marginsHigh ROE

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 138.7x5y range 138.7x – 422.4x

Currently below its 12-quarter median.

P/S · 68.0x5y range 7.0x – 109.1x

Currently above its 20-quarter median.

P/B · 42.8x5y range 5.2x – 64.5x

Currently above its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Share Dilution

Red Flag

Shares outstanding increased 6.7% — significant dilution, likely from stock compensation or capital raises.

Price & Volume

Market Cap $418.38B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $6.16B
Q. Revenue: $1.94B
TTM EBITDA: $2.68B
TTM Op. Income: $2.63B
Q. Op. Income: $912.00M
TTM Net Income: $3.02B
Q. Net Income: $1.06B
EPS: $0.44
Shares Out.: $2.40B

$6.16B in TTM revenue grew 78.9% YoY, reaching $1.94B last quarter. TTM EBITDA of $2.68B and TTM operating income of $2.63B show growth is flowing through to the bottom line. TTM net income of $3.02B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 7 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 84.7%
EBITDA Margin: 47.5%
Op. Margin: 47.1%
Net Margin: 54.9%

Op. margin of 47.1% is up 20.3% YoY — cost efficiency is improving. Net margin at 54.9% and gross margin of 84.7% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 6 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 138.7x
P/S Ratio: 68.0x
P/B Ratio: 42.8x

At 138.7x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 68.0x and P/B of 42.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 4 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $11.68B
Cash: $2.03B
Long-Term Debt: N/A
Book Value: $9.77B
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.22B
TTM Free Cash Flow: $3.36B
FCF Margin: 54.6%
FCF / Net Income: 1.1

TTM FCF of $3.36B on $1.22B in operating cash flow. The FCF / Net Income ratio of 1.1x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 7 consecutive quarters — an improving trend.