PLTR Q4 2025 Earnings — Income Statement Breakdown

For its Q4 2025 period (ending 2025-12-31), PLTR reported revenue of $1.4B, gross profit of $1.2B (84.6% gross margin), operating income of $575M, and net income of $609M (43.3% net margin). The flow of revenue into costs and profit is visualized below.

What changed

PLTR was profitable; revenue grew 70.0% year over year.

ComparisonRevenueNet incomeNet margin
Year over year+70.0%+670.4%+33.7 pp
Quarter over quarter+19.1%+28.0%+3.0 pp

Consensus estimate data is not available for this report.

PLTR Q4 2025 Income Statement

PLTR Q4 2025 income statement. Figures in USD.
Line itemAmount (USD)% of revenue
Revenue$1.4B100%
Cost of Revenue−$216M15.4%
Gross Profit$1.2B84.6%
Research & Development−$144M10.2%
Selling, General & Administrative−$472M33.5%
Operating Income$575M40.9%
Other Income, net$46M3.3%
Income Tax Expense−$10M0.7%
Net Income$609M43.3%

Source: original SEC filing (filed 2026-02-02). Accession 0001321655-26-000004. Data normalized by EarningsFyi.