FINHUB Insights

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 10-Q accession 0001321655-26-000041

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.

Sankey diagram of Palantir Technologies' income statement for Q2 FY26: revenue of $1.94 billion flows out into costs, taxes and net profit.

Figures in billions of dollars.

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 1.94 100% +93%
Cost of revenue−0.3015%
Gross profit1.6485% margin+4pp
R&D−0.1910%−4pp
Sales & marketing−0.3418%−7pp
G&A−0.2010%−6pp
Operating profit0.9147% margin+20pp
Other income, net0.17
Tax−0.02
Net profit1.06 55% margin+22pp

Source of the numbers: the totals in the filing, whose revenue split this site could not read (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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