Palantir Technologies Q2 FY26: where the revenue came from and where it went
The whole income statement of Palantir Technologies for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Aug 4, 2026
Revenue$1.94B
+93% year over year
Gross profit$1.64B
85% margin
Operating profit$0.91B
47% margin
Net profit$1.06B
55% margin
Net profit is larger than what operations earned, because the statement adds $0.17B below it, under Other income, net.
Figures in billions of dollars.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.94 | 100% | +93% |
| Cost of revenue | −0.30 | 15% | |
| Gross profit | 1.64 | 85% margin | +4pp |
| R&D | −0.19 | 10% | −4pp |
| Sales & marketing | −0.34 | 18% | −7pp |
| G&A | −0.20 | 10% | −6pp |
| Operating profit | 0.91 | 47% margin | +20pp |
| Other income, net | 0.17 | ||
| Tax | −0.02 | ||
| Net profit | 1.06 | 55% margin | +22pp |
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