Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform (AIP) that provides unified access to open-source, self-hosted, and commercial large language models (LLM) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered in Denver, Colorado.

Palantir Technologies Inc.

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Assets	Jun '25	Dec '24	Jun '24
Cash and Cash Equivalents	929.5	2,098.5	512.7
Cash and Cash Equivalents
Short-Term Investments	5,070.9	3,131.5	3,485.8
Marketable Securities
Total Cash and Cash Equivalents	6,000.4	5,230	3,998.5
Accounts Receivable	747.5	575	659.3
Accounts Receivable, Net
Total Trade Receivables	747.5	575	659.3
Other Current Assets	142.5	129.3	115.7
Restricted Cash
Prepaid Expenses and Other Current Assets
Total Current Assets	6,890.4	5,934.3	4,773.5
Total Current Assets
Net Property, Plant & Equipment	247	240.4	256.9
Property and Equipment, Net
Operating Lease Right-of-Use Assets
Other Long-Term Assets	228.3	166.2	161.4
Restricted Cash, Noncurrent
Other Assets
Total Assets	7,365.7	6,340.9	5,191.9
Total Assets

Liabilities	Jun '25	Dec '24	Jun '24
Accounts Payable	10.8	0.1	67.3
Accounts Payable
Accrued Expenses	393.6	427	195.5
Accrued Liabilities
Current Portion of Leases	45.5	44	44.1
Operating Lease Liabilities
Unearned Revenue	639.8	524.9	500
Deferred Revenue
Customer Deposits
Total Current Liabilities	1,089.6	996	806.9
Total Current Liabilities
Long-Term Debt	—	—	—
Debt, Noncurrent, Net
Leases	192.3	195.2	214.3
Operating Lease Liabilities, Noncurrent
Other Long-Term Liabilities	58.1	55.2	32.8
Deferred Revenue, Noncurrent
Customer Deposits, Noncurrent
Other Noncurrent Liabilities
Total Long-Term Liabilities	250.5	250.5	247.2
Total Liabilities	1,340.1	1,246.5	1,054.1
Total Liabilities

Equity	Jun '25	Dec '24	Jun '24
Common Stock	2.4	2.3	2.2
Common Stock
Treasury Stock	—	—	—
Treasury Stock, at Cost
Additional Paid-in Capital	10,568.5	10,194	9,463.2
Additional Paid-in Capital
Accumulated Other Comprehensive Income	4.7	-5.6	-4.9
Accumulated Other Comprehensive Income (Loss), Net
Retained Earnings	-4,646.7	-5,187.4	-5,410
Retained Earnings
Total Common Shareholders' Equity	5,928.9	5,003.3	4,050.5
Total Palantir's Stockholders' Equity
Minority Interests and Other	96.7	91.1	87.3
Redeemable Convertible Preferred Stock
Noncontrolling Interests
Convertible Preferred Stock
Total Shareholders' Equity	6,025.6	5,094.4	4,137.8
Total Equity
Total Liabilities and Shareholders' Equity	7,365.7	6,340.9	5,191.9
Total Liabilities and Equity