Filing Flows › Palantir Technologies (PLTR) › Q4 2025
Palantir Technologies (PLTR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 17, 2026
Palantir Technologies (PLTR) reported revenue of $1.4B for the fourth quarter 2025 (Q4 2025), +70% from a year earlier and +19% from the quarter before. Operating margin was 40.9%, net earnings $609M (43.3% of revenue).
Palantir Technologies, Q4 2025: revenue $1.4B (+70% year over year), operating margin 40.9%, net earnings $609M, operating cash flow $777M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | +19% | +70% |
| Gross profit | $1.2B | +22% | +82% |
| Operating profit | $575M | +46% | 52× |
| Net earnings | $609M | +28% | +670% |
| Operating cash flow | $777M | +53% | +69% |
| Free cash flow | $764M | +53% | +67% |
What changed
Revenue was $1.4B in Q4 2025, up 70% year over year and up 19% from the previous quarter.
Gross margin was 84.6%, up 5.7 points from a year earlier. Operating profit was $0.58B, a 40.9% margin (up 39.6 points year over year). Of the extra revenue versus a year earlier, 97% reached operating profit, above the 1% margin then. Operating expenses fell 4% while revenue rose 70%. Net earnings were $0.61B, up 670% year over year. The effective tax rate was 1.6%.
Operating cash flow was $0.78B (up 69% year over year), 127% of net earnings. Non-cash charges added back $0.01B of depreciation and amortization and $0.20B of share-based compensation. Capital expenditures of $0.01B left free cash flow of $0.76B.
Questions
What was Palantir Technologies' revenue in the fourth quarter 2025?
Palantir Technologies (PLTR) reported revenue of $1.4B for the fourth quarter 2025 (Q4 2025), +70% from a year earlier and +19% from the quarter before.
Was Palantir Technologies profitable in the fourth quarter 2025?
Operating profit was $575M (40.9% of revenue) and net earnings $609M.