PLTR Q2 2025 Earnings — Income Statement Breakdown

For its Q2 2025 period (ending 2025-06-30), PLTR reported revenue of $1.0B, gross profit of $811M (80.8% gross margin), operating income of $269M, and net income of $327M (32.6% net margin). The flow of revenue into costs and profit is visualized below.

What changed

PLTR was profitable; revenue grew 13.6% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+13.6%+52.7%+8.3 pp

Consensus estimate data is not available for this report.

PLTR Q2 2025 Income Statement

PLTR Q2 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$1.0B100%
Cost of Revenue−$193M19.2%
Gross Profit$811M80.8%
Research & Development−$135M13.5%
Selling, General & Administrative−$406M40.5%
Operating Income$269M26.8%
Other Income, net$63M6.3%
Income Tax Expense−$4M0.4%
Net Income$327M32.6%

Source: original SEC filing (filed 2025-08-04). Accession 0001321655-25-000105. Data normalized by EarningsFyi.