PLTR — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-05-05

• We have built four principal software platforms, Gotham, Foundry, Apollo, and our Artificial Intelligence Platform (“AIP”). Foundry is our foundational data operations platform, which provides the core capabilities for data management, logic authoring, systemic mapping development through our Ontolo…

• The Ontology has continuously evolved over time, serving as the heart of our platforms by activating data and analytics inside operations, enabling real-time connectivity between data, analytics, and operational teams, as well as AI. Ontology generally refers to the systematic mapping of data to mea…

• For the three months ended March 31, 2026, we generated $1.6 billion in revenue, reflecting a 85% growth rate from the three months ended March 31, 2025, when we generated $0.9 billion in revenue.

• In the three months ended March 31, 2026 and 2025, we generated income from operations of $754 million and $176 million, respectively, or adjusted income from operations of $984 million and $391 million, respectively, when excluding stock-based compensation and related employer payroll taxes.

• In the three months ended March 31, 2026 and 2025, our gross profit was $1.4 billion and $0.7 billion, respectively, reflecting a gross margin of 87% and 80%, respectively, or 88% and 82%, respectively, when excluding stock-based compensation.

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• We have built four principal software platforms, Gotham, Foundry, Apollo, and our Artificial Intelligence Platform (“AIP”). Gotham and Foundry enable institutions to transform massive amounts of information into an integrated data asset that reflects their operations, and AIP leverages the power of …

• For the three months ended September 30, 2025, we generated $1.2 billion in revenue, reflecting a 63% growth rate from the three months ended September 30, 2024, when we generated $0.7 billion in revenue. For the nine months ended September 30, 2025, we generated $3.1 billion in revenue, reflecting …

• In the three months ended September 30, 2025 and 2024, we generated income from operations of $393.3 million and $113.1 million, respectively, or adjusted income from operations of $600.5 million and $275.5 million, respectively, when excluding stock-based compensation and related employer payroll t…

• In the three months ended September 30, 2025 and 2024, our gross profit was $973.8 million and $578.9 million, respectively, reflecting a gross margin of 82% and 80%, respectively, or 84% and 82%, respectively, when excluding stock-based compensation. In the nine months ended September 30, 2025 and …

• the commercial and government sectors, will accelerate moving forward. We believe that, as these new partners grow, we will grow with them.

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• related to remeasuring certain asset and liability balances that are denominated in foreign currencies. These exposures may change over time as business practices evolve and economic conditions change. To date, foreign currency transaction gains and losses have not been material to our condensed con…

Text added vs the prior filing · source: 10-Q · 2026-05-05

• •we may not realize the full deal value of our customer contracts;

• •we anticipate our operating expenses will continue to increase and we may not be able to maintain profitability in the future;

• •we may not be able to maintain and enhance our brand and reputation;

• •our reputation and business may be harmed by news or social media coverage or other external scrutiny of Palantir or our leadership;

• •our platforms are complex and may have a lengthy implementation process;

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• •we had a history of incurring net losses prior to achieving profitability, and we anticipate our operating expenses will continue to increase, and we may not be able to maintain profitability in the future;

• •our platforms are complex and may have a lengthy implementation process;

• •our platforms must operate with third-party products and services;

• •we may not be able to maintain and enhance our brand and reputation;

• •unfavorable news or social media coverage may harm our reputation and business;

Text added vs the prior filing · source: 10-Q · 2026-05-05

• On March 12, 2026, Alexander Karp, our Chief Executive Officer and a member of our Board of Directors, terminated a Rule 10b5-1 trading arrangement, which was previously adopted on November 21, 2025 and intended to satisfy the affirmative defense of Rule 10b5-1(c). For additional details about the m…

• On March 12, 2026, Mr. Karp adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and satisfaction of certain price and/or other conditions, with 7,080,177 shares being the total of the maxim…

• On March 16, 2026, David Glazer, our Chief Financial Officer and Treasurer, adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and satisfaction of certain price and/or other conditions, wi…

• affirmative defense conditions of Rule 10b5-1(c). The duration of the trading arrangement is until December 15, 2026, or earlier, upon the completion or expiration of all transactions subject to the trading arrangement.

• On March 16, 2026, Ryan Taylor, our Chief Revenue Officer and Chief Legal Officer, adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and satisfaction of certain price and/or other conditi…

Text removed vs the prior filing · source: 10-Q · 2025-11-04

• On September 12, 2025, Ryan Taylor, our Chief Revenue Officer and Chief Legal Officer, adopted a Rule 10b5-1 trading arrangement providing for the potential sales of shares of our Class A common stock through various transactions upon the occurrence and satisfaction of certain price and/or other con…

• During the quarter ended September 30, 2025, no other directors or officers, as defined in Rule 16a-1(f), adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” each as defined in Regulation S-K Item 408.