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Year ended Dec 31, 2025 · FY2025 10-K

Palantir Technologies (PLTR) 10-K Summary — Year Ended Dec 31, 2025

Palantir Technologies Inc. filed its annual 10-K for the most recent fiscal year. The filing highlights strong revenue growth and positive cash flow from operations, with substantial liquidity.

Key takeaway

Year ended Dec 31, 2025 · FY2025 10-K

Palantir Technologies Inc. filed its annual 10-K for the most recent fiscal year. The filing highlights strong revenue growth and positive cash flow from operations, with substantial liquidity.

Financial snapshot

Selected annual figures reported with the filing, shown separately from the narrative summary.

Annual revenue

$4.5B

Revenue reported for the fiscal year.

Operating income

$1.4B

Income from operations reported for the year.

Net income

$1.6B

Net income reported for the year.

Operating cash flow

$2.1B

Cash generated by operating activities.

Annual revenue trend

Reported annual revenue and its change from the preceding fiscal year.

Period endedRevenueYear-over-year change
Dec 31, 2022$1.9B+23.6%
Dec 31, 2023$2.2B+16.7%
Dec 31, 2024$2.9B+28.8%
Dec 31, 2025$4.5B+56.2%

Business overview

The Business overview section of the filing only lists item numbers and page references, without a narrative description of the company's operations. No further business details are provided in the supplied context.

Financial performance

Revenue increased compared to prior periods. The company reported positive operating income and net income. Operating cash flow was also positive and improved year over year.

Material risks

The Risk Factors section is referenced in the filing but no specific risk descriptions are included in the supplied context. Therefore, no material risks can be identified from the provided data.

Liquidity and capital

The company had significant liquidity from cash, cash equivalents, and short-term U.S. Treasury securities. It generated positive operating cash flow and believes it has sufficient liquidity to meet operating requirements for the foreseeable future.

What to watch

Monitor the company's revenue growth trend and its ability to maintain positive operating cash flow in the next filing.