PLTR Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2025-03-31), PLTR reported revenue of $884M, gross profit of $711M (80.4% gross margin), operating income of $176M, and net income of $214M (24.2% net margin). The flow of revenue into costs and profit is visualized below.
What changed
PLTR was profitable; revenue grew 6.8% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +6.8% | +170.9% | +14.7 pp |
Consensus estimate data is not available for this report.
PLTR Q1 2025 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $884M | 100% |
| Cost of Revenue | −$173M | 19.6% |
| Gross Profit | $711M | 80.4% |
| Research & Development | −$135M | 15.3% |
| Selling, General & Administrative | −$400M | 45.3% |
| Operating Income | $176M | 19.9% |
| Other Income, net | $47M | 5.3% |
| Income Tax Expense | −$6M | 0.6% |
| Net Income | $214M | 24.2% |
Source: original SEC filing (filed 2025-05-05). Accession 0001321655-25-000063. Data normalized by EarningsFyi.