FINHUB Insights

PLTR · Q2 FY26 · Apr 1 – Jun 30, 2026

Palantir Technologies Q2 FY26: where the revenue came from and where it went

Palantir Technologies Q2 FY26: revenue $1.9B (+93% year over year). Net profit $1.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2026
Reported
May 5, 2026 10-Q
Sankey diagram of Palantir Technologies's income statement for Q2 FY26: revenue of $1.94 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.94B +93% year over year
Gross profit$1.64B 85% margin
Operating profit$0.91B 47% margin
Net profit$1.06B 55% margin

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
Tax−0.02
Net profit1.0655%+22pp

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.