Palantir Technologies Inc. (PLTR) closed fiscal year 2025 with a gross margin of 82.4 % and a net margin of 36.3 %.
Palantir Technologies Inc. (PLTR) closed fiscal year 2025 with a gross margin of 82.4 % and a net margin of 36.3 %. The same year shows an EBITDA margin of 32.2 % and an EBIT margin of 31.6 %. The free cash flow margin was 46.9 %. Against the previous year the gross margin moved +2.1 pp and the net margin +20.2 pp. Across the period the gross margin ranges between 67.4 % in 2019 and 82.4 % in 2025. The series covers 8 fiscal years, from 2018 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 72.22 % | 67.36 % | 67.74 % | 77.99 % | 78.56 % | 80.62 % | 80.25 % | 82.37 % |
| EBITDA margin (%) | -102.37 % | -75.98 % | -106.14 % | -25.69 % | -7.28 % | 6.89 % | 11.93 % | 32.18 % |
| EBIT margin (%) | -104.71 % | -77.63 % | -107.41 % | -26.66 % | -8.46 % | 5.39 % | 10.83 % | 31.59 % |
| Net margin (%) | -97.42 % | -78.06 % | -106.75 % | -33.75 % | -19.61 % | 9.43 % | 16.13 % | 36.31 % |
| FCF margin (%) | -8.74 % | -24.01 % | -28.26 % | 20.83 % | 9.64 % | 31.33 % | 39.83 % | 46.94 % |
