PLTR
Palantir Technologies Inc.
Technology · Software - Infrastructure · United States · Stock
Score Breakdown
Scored for Aggressive Growth profile
Sub-scores are 0–20 each; Model Score is weighted by your selected investment goal. How it works →
Why Ranked Here
- The growth and profitability factors both scored at the top of their ranges, reflecting extraordinary year-over-year revenue and earnings expansion alongside best-in-class margins.
- Strong quarterly momentum across revenue, net income, and operating income over four consecutive quarters contributed meaningfully to the composite score.
- The absence of a dividend and a zero score on macro theme translation both weighed on the composite, resulting in a total score of 60.0/100 despite the strong operational performance.
Why Not Higher
- Palantir does not pay a dividend, and the dividend factor scored zero, which weighed on the composite score.
- The macro theme factor also scored zero despite assignments to Defense Spending and Enterprise AI Software, and the financial health factor scored below its maximum, collectively limiting the total to 60.0/100.
Data Confidence
7 / 10
High — most data fields present
Why This Score
Grounded in figures from this company's SEC EDGAR filings — not a restatement of the score itself.
Revenue grew from FY2024's $2,865,507,000 to FY2025's $4,475,446,000, a gain of +56.2%. Net income surged from FY2024's $462,190,000 to FY2025's $1,625,033,000 (+251.6%), while diluted EPS rose from $0.19 in FY2024 to $0.63 in FY2025 (+231.6%).
The model rewarded the combination of rapid top-line expansion and dramatically accelerating bottom-line growth, with earnings growing more than four times faster than revenue, indicating significant operating leverage.
In FY2025, Palantir posted a net margin of 36.3%, an operating margin of 31.6%, and a return on assets of 18.3%.
The model rewarded these metrics because a net margin above one-third of revenue, a double-digit operating margin, and a return on assets near 20% collectively signal highly efficient and scalable profit generation.
Filing evidence currently available does not support a more specific explanation for this factor.
Revenue accelerated each quarter from $1,003,697,000 in 2025Q2 to $1,181,092,000 in 2025Q3, $1,406,802,000 in 2025Q4, and $1,632,583,000 in 2026Q1. Net income followed the same trajectory, rising from $326,727,000 in 2025Q2 to $870,527,000 in 2026Q1, while operating income climbed from $269,317,000 in 2025Q2 to $753,998,000 in 2026Q1.
The model recognized a consistent and accelerating upward trend across revenue, net income, and operating income over four consecutive quarters, reflecting sustained business momentum.
Palantir does not currently pay a dividend and has no mapped dividend history; this is a genuine characteristic of the company, not a data gap.
The model assigns a score of zero for this factor because income-oriented scoring requires an active dividend, and a non-paying company cannot earn points under that methodology.
Palantir is assigned to the macro themes of Defense Spending and Enterprise AI Software.
Although the company carries two actively tracked macro theme assignments, the sub-score of 0.0 indicates that this assignment did not translate into score points under the model's current theme-scoring methodology.
Research Summary
AI-generated analysis reflects data and conditions as of the report date shown above. Verify any specific figures through primary sources before acting on this analysis.
Palantir Technologies delivered exceptional financial performance in FY2025, with revenue rising to $4,475,446,000 (+56.2% year-over-year) and net income surging to $1,625,033,000 (+251.6%), reflecting powerful operating leverage [growth.revenue.yoy, growth.net_income.yoy]. Profitability metrics are equally impressive, with a net margin of 36.3%, operating margin of 31.6%, and return on assets of 18.3% in FY2025 [profitability.net_margin_pct, profitability.operating_margin_pct, profitability.roa_pct]. Quarterly momentum has been consistently accelerating, with revenue climbing from $1,003,697,000 in 2025Q2 to $1,632,583,000 in 2026Q1 and operating income nearly tripling over the same span [momentum.revenue_quarterly, momentum.operating_income_quarterly]. However, the absence of a dividend and a zero score on macro theme translation, combined with limited financial health detail, weigh on the composite score of 60.0/100, yielding a High risk rating and a Research Candidate label [dividend.none, theme.assigned].
Plain English
Palantir is growing fast and making serious profits — revenue jumped over 56% last year and the company kept more than 36 cents of every dollar as net income — but it pays no dividend and some scoring factors didn't fully translate into points, so the overall score lands at 60 out of 100 with a High risk rating.
Bull Case vs. Bear Case
Bull Case
- Revenue grew +56.2% year-over-year to $4,475,446,000 in FY2025, while net income grew even faster at +251.6%, demonstrating significant operating leverage as the business scales.
- Profitability is exceptional: a 36.3% net margin, 31.6% operating margin, and 18.3% return on assets in FY2025 signal a highly efficient and scalable business model.
- Quarterly momentum is accelerating across all key metrics, with revenue rising each consecutive quarter from $1,003,697,000 in 2025Q2 to $1,632,583,000 in 2026Q1, and operating income climbing from $269,317,000 to $753,998,000 over the same period.
Bear Case
- Palantir pays no dividend and has no mapped dividend history, meaning income-oriented investors receive no current yield from holding the stock.
- Despite being assigned to the Defense Spending and Enterprise AI Software macro themes, the theme factor scored zero, indicating that thematic assignment did not translate into scoring points under the current model methodology.
- The financial health factor scored below the maximum with limited publicly available filing evidence to explain the specifics, introducing uncertainty about balance sheet dynamics beyond total assets of $8,900,392,000.
What Could Change the Picture
Bullish Triggers
- If quarterly revenue and operating income continue their current acceleration trajectory — already four consecutive quarters of growth — confidence in the durability of the business model would increase substantially.
- A clearer picture of financial health metrics supporting the $8,900,392,000 asset base could reinforce the already-strong profitability and growth story.
Bearish Triggers
- Any deceleration in the quarterly revenue or net income trend — which has been consistently upward from 2025Q2 through 2026Q1 — would challenge the momentum thesis underpinning much of the bull case.
- If net margins or operating margins compress meaningfully from their FY2025 levels of 36.3% and 31.6% respectively, the operating leverage story would weaken.
Risk Profile
High RiskThe High risk rating reflects meaningful uncertainty: the financial health factor scored 8.0/20 with limited publicly available filing evidence to explain the specifics beyond total assets of $8,900,392,000, and while quarterly momentum has been strongly positive through 2026Q1, the pace of acceleration introduces execution risk if growth rates normalize.
This report is for educational and research purposes only. It does not constitute financial, investment, legal, or tax advice — always conduct your own due diligence before making investment decisions.