Short answer
Palantir Technologies (PLTR) filed its Q1 2026 10-Q quarterly report on May 5, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.6B (up 84.7% year over year) with net income of $871M.
Q1 2026 key financials · XBRL
- Revenue
- $1.6B
- +84.7% YoY
- Net income
- $871M
- +306.7% YoY
- Operating margin
- 46.2%
- Gross margin
- 86.8%
- EPS (diluted)
- $0.34
- +325.0% YoY
Source: XBRL data from the Palantir Technologies (PLTR) Q1 2026 10-Q on SEC EDGAR. USD.
Palantir Technologies Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $1.6B, up 85% YoY from $0.9B
- Operating margin 46% vs 20% YoY
- Gross margin 87% vs 80% YoY
- Commercial segment revenue 47%; government segment revenue 53%
- Contribution margin 73% vs 61% YoY
- Outlook: customer uncertainty from budgets, spending priorities, tariffs, and geopolitical tensions
Risk Factors
- No new risk factor identified; filing carries forward prior 10-K risks
- Customer concentration risk: top three customers represented 15% of revenue for the three months ended March 31, 2026
- Regulatory risk: recent United States and Israel strikes on Iran expanded geopolitical sanctions and trade-compliance exposure
- Operational risk: employee base reached 4,395 as of March 31, 2026, straining deployment capacity and internal controls
- Contract-value risk: remaining deal value totaled $11.2 billion, including termination-for-convenience provisions
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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