PLTR Q3 2025 Earnings — Income Statement Breakdown

For its Q3 2025 period (ending 2025-09-30), PLTR reported revenue of $1.2B, gross profit of $974M (82.4% gross margin), operating income of $393M, and net income of $476M (40.3% net margin). The flow of revenue into costs and profit is visualized below.

What changed

PLTR was profitable; revenue grew 17.7% quarter over quarter.

ComparisonRevenueNet incomeNet margin
Year over yearNot availableNot availableNot available
Quarter over quarter+17.7%+45.6%+7.7 pp

Consensus estimate data is not available for this report.

PLTR Q3 2025 Income Statement

PLTR Q3 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$1.2B100%
Cost of Revenue−$207M17.6%
Gross Profit$974M82.4%
Research & Development−$144M12.2%
Selling, General & Administrative−$436M36.9%
Operating Income$393M33.3%
Other Income, net$87M7.4%
Income Tax Expense−$4M0.3%
Net Income$476M40.3%

Source: original SEC filing (filed 2025-11-03). Accession 0001321655-25-000130. Data normalized by EarningsFyi.