Palantir Technologies Inc. (PLTR) Revenue History
Annual and quarterly revenue from 2018 to 2025
Compound Annual Growth Rate (CAGR)
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PLTR Revenue Growth
Revenue Breakdown (FY 2025)
PLTR's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PLTR Revenue Analysis (2018–2025)
As of May 6, 2026, Palantir Technologies Inc. (PLTR) generated trailing twelve-month (TTM) revenue of $5.22 billion, reflecting explosive growth of +84.7% year-over-year. The most recent quarter (Q1 2026) recorded $1.63 billion in revenue, up 16.0% sequentially.
Looking at the longer-term picture, PLTR's 5-year compound annual growth rate (CAGR) stands at +32.6%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $4.48 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows PLTR's business is primarily driven by Government Operating Segment (54%), and Commercial (46%). With over half of revenue concentrated in Government Operating Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including SNOW (+29.2% YoY), MDB (+22.8% YoY), and DDOG (+27.7% YoY), PLTR has outperformed the peer group in terms of revenue growth. Compare PLTR vs SNOW →
PLTR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PLTRCurrent | $5.2B | +84.7% | +32.6% | 31.6% | |
 SNOW | $4.7B | +29.2% | +51.2% | -30.6% | |
 MDB | $2.5B | +22.8% | +33.1% | -5.6% | |
 DDOG | $3.4B | +27.7% | +41.5% | -1.3% | |
 S | $1.0B | +21.9% | +60.8% | -32.1% | |
 AI | $389M | -16.2% | +20.0% | -83.4% |
PLTR Historical Revenue Data (2018–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.48B | +56.2% | $3.69B | 82.4% | $1.41B | 31.6% |
| 2024 | $2.87B | +28.8% | $2.30B | 80.2% | $310.4M | 10.8% |
| 2023 | $2.23B | +16.7% | $1.79B | 80.6% | $120.0M | 5.4% |
| 2022 | $1.91B | +23.6% | $1.50B | 78.6% | $-161,201,000 | -8.5% |
| 2021 | $1.54B | +41.1% | $1.20B | 78.0% | $-411,046,000 | -26.7% |
| 2020 | $1.09B | +47.2% | $740.1M | 67.7% | $-1,173,679,000 | -107.4% |
| 2019 | $742.6M | +24.7% | $500.2M | 67.4% | $-576,444,000 | -77.6% |
| 2018 | $595.4M | - | $430.0M | 72.2% | $-623,440,000 | -104.7% |
Full PLTR Stock Analysis
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Start ComparisonPLTR — Frequently Asked Questions
Quick answers to the most common questions about buying PLTR stock.
Is PLTR's revenue growth accelerating or slowing?
PLTR revenue is accelerating at +84.7% year-over-year, exceeding the 5-year CAGR of +32.6%. TTM revenue reached $5.2B. Growth momentum has increased versus prior periods.
What is PLTR's long-term revenue growth rate?
Palantir Technologies Inc.'s 5-year revenue CAGR of +32.6% reflects the sustained expansion pattern. Current YoY growth of +84.7% is above this long-term average.
How is PLTR's revenue distributed by segment?
PLTR reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2018-2025 are available for download. Segment mix reveals concentration and diversification trends.