FINHUB Insights

PLTR · Q1 FY26 · Mar 31, 2026

Palantir Technologies Q1 FY26: where the revenue came from and where it went

Palantir Technologies Q1 FY26: revenue $1.6B (+85% year over year). Net profit $0.9B. Largest cohort United States $1.3B. The whole income statement as a sankey diagram from the SEC filing.

Period
Mar 31, 2026
Reported
May 5, 2026 10-Q
Sankey diagram of Palantir Technologies's income statement for Q1 FY26: revenue of $1.6 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.6B +85% year over year
Gross profit$1.4B 87% margin
Operating profit$0.8B 46% margin
Net profit$0.9B 53% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Mar 31, 2026).
ItemValueShare of revenueYear over year
Revenue 1.6 100% +85%
United States 1.3 81%
Rest of world 0.2 12%
United Kingdom 0.1 6%
Cost of revenue−0.212%
Gross profit1.487% margin+6pp
Research & development−0.210%−5pp
Sales & marketing−0.320%−7pp
G&A−0.211%−7pp
Operating profit0.846% margin+26pp
Net profit0.953%+29pp
Filing on EDGAR More quarters of PLTR

Source of the numbers: tables in 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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