Palantir Technologies Inc. (PLTR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 9.55B | 8.36B | 7.59B | 6.89B | 6.28B | 5.93B | 5.35B | 4.77B | 4.44B | 4.14B | 3.81B | 3.58B | 3.26B | 3.04B | 2.95B | 2.9B | 2.93B | 2.86B | 2.81B | 2.66B |
| Cash & Short-Term Investments | 8.03B | 7.18B | 6.44B | 6B | 5.43B | 5.23B | 4.56B | 4B | 3.87B | 3.67B | 3.28B | 3.1B | 2.9B | 2.63B | 2.47B | 2.46B | 2.52B | 2.52B | 2.48B | 2.34B |
| Cash Only | 2.29B | 1.42B | 1.62B | 929.55M | 993.46M | 2.1B | 768.71M | 512.66M | 520.39M | 831.05M | 1.04B | 1.06B | 1.26B | 2.6B | 2.41B | 2.36B | 2.27B | 2.29B | 2.34B | 2.34B |
| Short-Term Investments | 5.73B | 5.75B | 4.82B | 5.07B | 4.44B | 3.13B | 3.8B | 3.49B | 3.35B | 2.84B | 2.24B | 2.05B | 1.64B | 35.13M | 57.34M | 99.21M | 252.56M | 234.15M | 148.08M | 0 |
| Accounts Receivable | 1.41B | 1.04B | 1.01B | 747.48M | 725.21M | 575.05M | 668.11M | 659.34M | 486.99M | 364.78M | 430.27M | 375.76M | 254.04M | 258.35M | 343.26M | 265.83M | 256.55M | 190.92M | 174.41M | 243M |
| Days Sales Outstanding | 67.47 | 66.97 | 68.29 | 66.76 | 66.2 | 69.1 | 84.16 | 76.91 | 61.1 | 60.12 | 66.43 | 53.73 | 43.9 | 54.41 | 58.63 | 50.25 | 45.11 | 38.82 | 48.96 | 47.77 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 119.7M | 139.07M | 142.43M | 142.49M | 126.7M | 129.25M | 119.19M | 115.71M | 81.18M | 99.66M | 95.55M | 97.91M | 97.57M | 149.56M | 20.56M | 28.13M | 33.8M | 36.63M | 41.32M | 36.75M |
| Total Non-Current Assets | 647.48M | 542.22M | 527.8M | 475.3M | 454.32M | 406.6M | 416.13M | 418.37M | 371.01M | 383.81M | 384.02M | 403.35M | 426.99M | 419.66M | 372.23M | 379.9M | 391.81M | 384.2M | 412.84M | 413.12M |
| Property, Plant & Equipment | 55.73M | 252.06M | 250.02M | 247M | 249.02M | 240.38M | 251.91M | 256.94M | 220.61M | 230.62M | 240.32M | 253.76M | 273.13M | 269.41M | 257.18M | 259.05M | 266.75M | 248.2M | 249.62M | 234.07M |
| Fixed Asset Turnover | 10.61x | 5.60x | 4.75x | 4.05x | 3.61x | 3.36x | 2.85x | 2.84x | 2.81x | 2.58x | 2.26x | 2.02x | 1.94x | 1.93x | 1.85x | 1.80x | 1.73x | 1.74x | 1.62x | 1.58x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 14.61M | 0 | 0 | 18.06M | 19.49M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61.91M |
| Other Non-Current Assets | 591.75M | 290.15M | 263.17M | 228.3M | 205.3M | 148.16M | 144.73M | 161.43M | 150.4M | 153.19M | 143.7M | 149.59M | 153.86M | 150.25M | 115.04M | 120.84M | 125.05M | 136M | 163.21M | 117.14M |
| Total Assets | 10.2B | 8.9B | 8.11B | 7.37B | 6.74B | 6.34B | 5.77B | 5.19B | 4.81B | 4.52B | 4.19B | 3.98B | 3.68B | 3.46B | 3.32B | 3.28B | 3.32B | 3.25B | 3.22B | 3.08B |
| Asset Turnover | 0.17x | 0.17x | 0.15x | 0.14x | 0.14x | 0.14x | 0.13x | 0.14x | 0.14x | 0.14x | 0.14x | 0.14x | 0.15x | 0.15x | 0.14x | 0.14x | 0.14x | 0.13x | 0.12x | 0.12x |
| Asset Growth % | 51.39% | 40.37% | 40.67% | 41.87% | 40.15% | 40.21% | 37.55% | 30.44% | 30.52% | 30.66% | 26.35% | 21.26% | 10.97% | 6.58% | 2.93% | 6.72% | 10.12% | 20.7% | 23.84% | - |
| Total Current Liabilities | 1.38B | 1.18B | 1.18B | 1.09B | 967.44M | 996.02M | 943.46M | 806.92M | 750.55M | 746.02M | 688.92M | 685.38M | 601.41M | 587.94M | 688.35M | 665.74M | 669.1M | 660.06M | 681.51M | 682.59M |
| Accounts Payable | 495.96M | 8.06M | 67.5M | 10.77M | 2.33M | 103K | 27.02M | 67.34M | 35.63M | 12.12M | 9.47M | 4.61M | 4.53M | 44.79M | 59.51M | 56.8M | 27.45M | 74.91M | 17.65M | 30.91M |
| Days Payables Outstanding | 105.1 | 16.1 | 17.37 | 3.09 | 0.63 | 7.15 | 29.6 | 36.45 | 18.69 | 9.14 | 6 | 3.89 | 20.62 | 45.99 | 49.72 | 37.5 | 48.79 | 48.63 | 25.74 | 24.09 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 516.87M | 766.03M | 684.89M | 639.78M | 549.63M | 524.88M | 603.55M | 499.96M | 454.83M | 456.73M | 452.49M | 444.3M | 369.29M | 325.34M | 423.91M | 380.47M | 451.43M | 389.42M | 440.81M | 452.26M |
| Other Current Liabilities | 370.12M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 6.91x | 7.11x | 6.43x | 6.32x | 6.49x | 5.96x | 5.67x | 5.92x | 5.91x | 5.55x | 5.53x | 5.22x | 5.41x | 5.17x | 4.28x | 4.36x | 4.38x | 4.34x | 4.13x | 3.90x |
| Quick Ratio | 6.91x | 7.11x | 6.43x | 6.32x | 6.49x | 5.96x | 5.67x | 5.92x | 5.91x | 5.55x | 5.53x | 5.22x | 5.41x | 5.17x | 4.28x | 4.36x | 4.38x | 4.34x | 4.13x | 3.90x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 259.95M | 236.8M | 245.29M | 250.48M | 250.5M | 250.46M | 233.28M | 247.16M | 195.35M | 215.44M | 232.59M | 259.74M | 278.53M | 230.86M | 243.87M | 267.77M | 285.33M | 296.36M | 294.76M | 324.12M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 211.98M | 183.47M | 189.16M | 192.35M | 200.18M | 195.23M | 207.28M | 214.33M | 163.01M | 175.22M | 184.07M | 194.13M | 206.42M | 204.31M | 204.9M | 216.06M | 227.62M | 220.15M | 219.65M | 216.63M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 6.85M | 7.09M | 10.65M | 12.01M | 12.49M | 13.69M | 14.49M | 15.64M | 9.97M | 10.7M | 11.41M | 12.1M | 13.55M | 12.65M | 2.05M | 2.16M | 2.19M | 2.3M | 5.66M | 4.24M |
| Total Liabilities | 1.64B | 1.41B | 1.43B | 1.34B | 1.22B | 1.25B | 1.18B | 1.05B | 945.91M | 961.46M | 921.52M | 945.13M | 879.95M | 818.8M | 932.22M | 933.51M | 954.43M | 956.42M | 976.27M | 1.01B |
| Total Debt | 211.98M | 229.34M | 235.44M | 237.81M | 244.6M | 239.22M | 254.91M | 258.46M | 217.07M | 229.39M | 236.27M | 245.99M | 259.49M | 249.4M | 245.14M | 256.97M | 267.66M | 260.07M | 263.23M | 249.79M |
| Net Debt | -2.08B | -1.19B | -1.38B | -691.74M | -748.87M | -1.86B | -513.79M | -254.2M | -303.32M | -602.02M | -804.04M | -809.93M | -1.01B | -2.35B | -2.17B | -2.1B | -2B | -2.03B | -2.07B | -2.09B |
| Debt / Equity | 0.02x | 0.03x | 0.04x | 0.04x | 0.04x | 0.05x | 0.06x | 0.06x | 0.06x | 0.06x | 0.07x | 0.08x | 0.09x | 0.09x | 0.10x | 0.11x | 0.11x | 0.11x | 0.12x | 0.12x |
| Debt / EBITDA | 0.28x | 0.39x | 0.59x | 0.86x | 1.34x | 13.25x | 2.10x | 2.28x | 2.43x | 3.11x | 4.86x | 13.32x | 20.87x | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -2.76x | -2.05x | -3.46x | -2.51x | -4.10x | -103.01x | -4.24x | -2.24x | -3.40x | -8.16x | -16.53x | -43.84x | -80.84x | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | 782.23x | 108.77x | 7.65x | 3.23x | 23.11x | -112.47x | -262.79x | -166.27x | -203.96x | -164.35x | -243.48x |
| Total Equity | 8.56B | 7.49B | 6.69B | 6.03B | 5.52B | 5.09B | 4.59B | 4.14B | 3.86B | 3.56B | 3.27B | 3.04B | 2.8B | 2.64B | 2.39B | 2.35B | 2.36B | 2.29B | 2.25B | 2.07B |
| Equity Growth % | 55.03% | 46.98% | 45.67% | 45.62% | 42.94% | 43.06% | 40.33% | 36.33% | 37.74% | 34.76% | 37.09% | 29.22% | 18.54% | 15.34% | 6.16% | 13.53% | 30.94% | 50.47% | 79.59% | - |
| Book Value per Share | 3.33 | 2.91 | 2.61 | 2.35 | 2.16 | 2.01 | 1.87 | 1.71 | 1.61 | 1.51 | 1.41 | 1.33 | 1.26 | 1.20 | 1.15 | 1.14 | 1.16 | 1.14 | 1.14 | 1.09 |
| Total Shareholders' Equity | 8.45B | 7.39B | 6.59B | 5.93B | 5.42B | 5B | 4.5B | 4.05B | 3.78B | 3.48B | 3.19B | 2.96B | 2.72B | 2.57B | 2.39B | 2.35B | 2.36B | 2.29B | 2.25B | 2.07B |
| Common Stock | 2.4M | 2.39M | 2.38M | 2.37M | 2.36M | 2.34M | 2.27M | 2.24M | 2.23M | 2.2M | 2.17M | 2.15M | 2.12M | 2.1M | 2.08M | 2.06M | 2.05M | 2.03M | 1.99M | 1.94M |
| Retained Earnings | -2.69B | -3.56B | -4.17B | -4.65B | -4.97B | -5.19B | -5.27B | -5.41B | -5.54B | -5.65B | -5.74B | -5.81B | -5.84B | -5.86B | -5.89B | -5.77B | -5.59B | -5.49B | -5.33B | -5.23B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 601K | 13.94M | 11.54M | 4.72M | -2.99M | -5.61M | 4.92M | -4.93M | -5.72M | 801K | -7.21M | -5.21M | -4.32M | -5.33M | -9.84M | -6.67M | -4.04M | -2.35M | -1.7M | 65K |
| Minority Interest | 106.62M | 100.74M | 97.81M | 96.66M | 94.82M | 91.13M | 93.22M | 87.28M | 85.94M | 85.4M | 81.88M | 79.66M | 79.46M | 77.11M | 0 | 0 | 0 | 0 | 0 | 0 |