Palantir Technologies Inc.
PLTRNASDAQ
$191.60
Last price · USD
- Market cap
- $491.5B
- P/E
- 304.1x
- EV / EBITDA
- 291.2x
- P/S
- 109.8x
- FCF yield
- 0.4%
- Div. yield
- 0.00%
Multiples use last price and FY2025 annual figures. Market cap estimated from diluted shares.
Palantir Technologies Inc. cash flow statement
Annual · USD millions except per-share data · 33 lines
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 | CAGR | |
|---|---|---|---|---|---|---|---|
| Operating activities | |||||||
| Net income | 1,635 | 468 | 217 | (371) | (520) | — | |
| Depreciation & amortization | 26 | 32 | 33 | 23 | 15 | +15.1% | |
| Deferred income tax | 0 | 0 | (5) | -0 | 43 | — | |
| Stock-based compensation | 684 | 692 | 476 | 565 | 778 | -3.2% | |
| Change in working capital | (210) | (70) | 6 | (261) | (92) | — | |
| Accounts receivables | (450) | (211) | (106) | (73) | (35) | — | |
| Accounts payables | 5 | (19) | (32) | (30) | 58 | -46.7% | |
| Other working capital | 236 | 160 | 144 | (159) | (115) | — | |
| Other non-cash items | -0 | 33 | (16) | 269 | 110 | — | |
| Net cash from operating activities | 2,134 | 1,154 | 712 | 224 | 334 | +59.0% | |
| Operating cash flow | 2,134 | 1,154 | 712 | 224 | 334 | +59.0% | |
| Investing activities | |||||||
| Investments in PP&E | (34) | (13) | (15) | (40) | (13) | — | |
| Capital expenditure | (34) | (13) | (15) | (40) | (13) | — | |
| Acquisitions, net | 0 | 0 | 0 | 67 | 0 | — | |
| Purchases of investments | (7,775) | (5,396) | (5,636) | (124) | (382) | — | |
| Sales / maturities of investments | 5,026 | 5,074 | 2,889 | 52 | 1 | +776.7% | |
| Other investing activities | (1) | (6) | 51 | 0 | (4) | — | |
| Net cash from investing activities | (2,784) | (341) | (2,711) | (45) | (398) | — | |
| Financing activities | |||||||
| Net debt issuance | 0 | 0 | 0 | 0 | (200) | — | |
| Long-term net debt issuance | 0 | 0 | 0 | 0 | (200) | — | |
| Net stock issuance | 54 | 681 | 218 | 86 | 507 | -42.9% | |
| Common stock issuance | 129 | 745 | 218 | 86 | 507 | -29.0% | |
| Common stock repurchased | (75) | (64) | 0 | 0 | 0 | — | |
| Net common stock issuance | 54 | 681 | 218 | 86 | 507 | -42.9% | |
| Other financing activities | (81) | (218) | 1 | -0 | (1) | — | |
| Net cash from financing activities | (27) | 463 | 219 | 86 | 307 | — | |
| Cash summary | |||||||
| Effect of forex changes on cash | (6) | (7) | 3 | (4) | (4) | — | |
| Net change in cash | (682) | 1,270 | (1,777) | 260 | 239 | — | |
| Cash at beginning of period | 2,106 | 850 | 2,627 | 2,367 | 2,128 | -0.3% | |
| Cash at end of period | 1,424 | 2,120 | 850 | 2,627 | 2,367 | -11.9% | |
| Free cash flow | 2,101 | 1,141 | 697 | 184 | 321 | +59.9% | |
| Income taxes paid | 0 | 16 | 14 | 3 | 4 | — | |
| Interest paid | 0 | 0 | 0 | 0 | 0 | — | |