Foreign exchangemixed · 4 filings
“Volatility in exchange rates and global financial markets is expected to continue due to political and economic uncertainty globally.”10-Q · May 5, 2026 ↗
Palantir Technologies Inc.
PLTR
Market read
Palantir Technologies Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 39 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 10 directly disclosed connections are confirming.
Company-0.8% todayVolume comparison unavailable
Market group0 of 39 activeCloud and AI Solutions · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- PLTR's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if PLTR's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 39 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 10 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- PLTR's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods8
Price observations593
Usable filing statements89
Verified relationships11
Evidence supporting the case
- Latest annual revenue changed +56.2% year over year.
- Operating margin changed +20.8 percentage points in the latest annual period.
- Net margin changed +20.2 percentage points in the latest annual period.
Evidence challenging the case
- Diluted shares increased 4.7% in the latest annual period.
- Tariffs and trade policy has repeated adverse evidence across 3 filings.
Questions before a position
- P/E is 181% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 1726% above the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
165.896m+20.9%12m+5.8%24m+422.3%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$1.5B+41.1%$-0.27—
2022-12-31$1.9B+23.6%$-0.18+7.3%
2023-12-31$2.2B+16.7%$0.09+11.3%
2024-12-31$2.9B+28.8%$0.19+6.7%
2025-12-31$4.5B+56.2%$0.63+4.7%
What management says matters
Persistent and emerging business drivers
Legal and regulatory exposurenegative · 3 filings
“Any new export restrictions, new legislation, changes in economic sanctions, or shifting approaches in the enforcement or scope of existing regulations, or in the countries, persons, or technologies targeted by such regulations, could result in decreased use…”10-Q · May 5, 2026 ↗
Tariffs and trade policynegative · 3 filings
“Any new export restrictions, new legislation, changes in economic sanctions, or shifting approaches in the enforcement or scope of existing regulations, or in the countries, persons, or technologies targeted by such regulations, could result in decreased use…”10-Q · May 5, 2026 ↗
Demand and volumemixed · 2 filings
“Increased competition could result in fewer customer orders, price reductions, reduced margins, and loss of market share, any of which could harm our business and results of operations.”10-K · Feb 17, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 95.1× · EV/sales 94.8×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
168.18-0.8% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 10:00 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PLTR. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PLTR. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PLTR
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AMZNAmazon.com, Inc.supplierMay 5, 2026 ▾
“We depend on computing infrastructure operated by Amazon Web Services (“AWS”), Microsoft, and other third parties to support some of our customers and any errors, disruption, performance problems, or failure in their or our operational infrastructure could ad…”
MSFTMicrosoft CorporationsupplierMay 5, 2026 ▾
“If AWS, Microsoft Azure, or other third parties increase pricing terms, terminate or seek to terminate our contractual relationship, establish more favorable relationships with our competitors, change or interpret their terms of service or policies in a manne…”
Depended on by
VOYGVoyager Technologies, Inc.partnerMar 10, 2026 ▾
“We intend to operate Starlab through Starlab Space LLC (“Starlab JV”), a Voyager-led and majority-owned global joint venture, with international equity partners that include Airbus, Mitsubishi, MDA Space, Space Applications Services and Palantir.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 14 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PLTR is currently a Follower in the organic co-movement group Cloud and AI Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for PLTR; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.