FINHUB Insights

PLTR · Q3 FY25 · Jul 1 – Sep 30, 2025

Palantir Technologies Q3 FY25: where the revenue came from and where it went

Palantir Technologies Q3 FY25: revenue $1.2B (+63% year over year). Net profit $0.5B. Largest cohort Government Operating $0.6B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2025
Reported
Nov 4, 2025 10-Q
Sankey diagram of Palantir Technologies's income statement for Q3 FY25: revenue of $1.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.2B +63% year over year
Gross profit$1B 82% margin
Operating profit$0.4B 33% margin
Net profit$0.5B 40% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Sep 30, 2025).
ItemValueShare of revenueYear over year
Revenue 1.2 100% +63%
Government Operating 0.6 50% +55%
Commercial 0.5 42% +73%
Cost of revenue−0.217%
Gross profit182% margin+3pp
Research & development−0.112%−4pp
Sales & marketing−0.323%−6pp
G&A−0.214%−5pp
Operating profit0.433% margin+18pp
Net profit0.540%+20pp
Filing on EDGAR More quarters of PLTR

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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