What is the 13F Pro Quality Score for PLTR?

13F Pro ranks Palantir Technologies Inc. (PLTR) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View PLTR's current score at https://13fpro.ai/research/PLTR (free sign-up required for the full ranking).

Which hedge funds own the most PLTR stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of PLTR include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/research/PLTR as soon as new 13F filings post.

Where does 13F Pro source PLTR data?

All Palantir Technologies Inc. fundamentals and ownership data come directly from SEC EDGAR. Palantir Technologies Inc. files with the SEC under CIK 1321655. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is PLTR in?

Palantir Technologies Inc. (PLTR) is classified in the Technology sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/technology.

What drives PLTR's revenue?

Per Palantir Technologies Inc.'s latest 10-Q filed with the SEC on 2026-05-05, the biggest revenue drivers are: Government ($858.4M, +76% YoY); Commercial ($774.2M, +95% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/research/PLTR.

What are PLTR's largest expenses?

Palantir Technologies Inc.'s latest 10-Q reports these as the largest expense items: Cost of revenue ($215.8M, +25% YoY); Sales and marketing ($319.2M, +35% YoY); Research and development ($161.0M, +19% YoY). Sourced directly from SEC EDGAR filing text for Q1 2026 (quarter ended March 31, 2026).

How often is PLTR research updated on 13F Pro?

PLTR's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Palantir Technologies Inc.(PLTR)Stock Analysis

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13F Pro Quality Score

85.8/100

Rank #11 of 2,879 stocksTOP 1%

View Technology peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.

Revenue Growth

91.2/100

Profitability

94.4/100

Balance Sheet

97.3/100

Earnings Quality

96.1/100

Free Cash Flow

92.1/100

Institutional Flow

66.5/100

Revenue Scale

77.1/100

Dilution Risk

12.3/100

PLTR Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Palantir Technologies Inc. (PLTR), a Technology sector company. 13F Pro's AI-powered ranking engine scores PLTR at 85.8/100 on a 32-signal composite quality model, placing it at rank #11 of 2,879 stocks — the top 1% of the AI-ranked universe. PLTR scores in the top quartile across balance sheet strength (97.3), earnings quality (96.1), profitability (94.4). Shareholder dilution risk is elevated at 12.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Palantir Technologies Inc. reports quarterly revenue of $1.6B, net income of $870.5M, free cash flow of $891.8M. Top institutional holders of PLTR by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. PLTR trades on the Nasdaq exchange and files with the SEC under CIK 1321655. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate PLTR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Palantir Technologies Inc. directly from SEC EDGAR. Palantir Technologies Inc.'s 13F Pro composite quality score has ranged between 36 and 86 since 2021, currently 85.8 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.

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Fun facts about Palantir Technologies Inc.

Quirks, history, and lore behind PLTR — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. software company · large-cap · listed on the NYSE · headquartered in Colorado.
2
The Numbers
Annual revenue around $2–3 billion, but for years it was famous for losing money while trading at a sky-high valuation — a favorite sport of retail investors and short-sellers alike.
3
The History
Founded in the early 2000s by a group that included Peter Thiel, it quietly spent years selling almost exclusively to U.S. intelligence and defense agencies before the public had ever heard of it.
4
The Secret
Its core platforms are built to sift through massive, messy datasets and surface patterns — originally for catching terrorists and fraudsters, now for corporate clients too.
5
The Lore
The company is named after the all-seeing crystal ball from The Lord of the Rings — a subtle hint that its whole pitch is seeing things others can't.
6
The Giveaway
Its flagship products are called Gotham (for governments) and Foundry (for enterprises) — two platforms that turned big-data analytics into a geopolitical tool.

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What's Driving PLTR's Business? Latest 10-Q Breakdown

AI-extracted from Palantir Technologies Inc.'s 10-Q filed 2026-05-05 — Q1 2026 (quarter ended March 31, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Palantir revenues surged 85% YoY to $1.63B in Q1 2026, with operating income jumping to $754M from $176M, driven by 76% government growth and 95% commercial growth.

Biggest Revenue Drivers

Total revenue: $1,632.6M+85% YoY

Government$858.4M+76% YoY

Government customers increased adoption of platforms; U.S. government revenue was $687M versus $373M prior year.

Commercial$774.2M+95% YoY

Commercial customers expanding use; U.S. commercial customers grew 133% YoY to $595M.

Largest Expense Items

Cost of revenue$215.8M+25% YoY

Increase primarily due to $39M rise in third-party cloud hosting services.

Sales and marketing$319.2M+35% YoY

Increases in marketing ($27M), payroll ($22M), and stock-based compensation ($15M).

Research and development$161.0M+19% YoY

Increase primarily driven by $25M rise in third-party cloud hosting services.

General and administrative$182.6M+12% YoY

Increase due to $6M stock-based compensation and $3M payroll-related costs.

Margins: Gross margin expanded to 87% from 80% YoY (88% excluding stock-based comp vs. 82%), reflecting operating leverage as revenue grew faster than cost of revenue. Contribution margin improved to 73% from 61%, demonstrating increasing efficiency in deployment and sales activities.

Watch Items from the Filing

Top three customers accounted for 15% of Q1 2026 revenue (vs. 18% prior year), with top 20 averaging $108M in trailing twelve-month revenue, up 55% YoY.
Remaining performance obligations of $4.5B as of March 31, 2026; company expects to recognize ~39% over next 12 months, 36% over 13-36 months, remainder thereafter.
March 2026 amended cloud services agreement commits $5.6B spend with $268–$979M annual minimums through February 2036; prior obligations terminated concurrently.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q1 2026

$1.6B

Net Income

Q1 2026

$870.5M

Free Cash Flow

Q1 2026

$891.8M

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Revenue

+50.4% YoY

$2.87BFY 2024

FY20 $1.09BFY21 $1.54BFY22 $1.91BFY24 $2.87B

Net Income

+223.7% YoY

$462.2MFY 2024

FY20 $-1.17BFY21 $-520.4MFY22 $-373.7MFY24 $462.2M

Operating Income

+292.6% YoY

$310.4MFY 2024

FY20 $-1.17BFY21 $-411.0MFY22 $-161.2MFY24 $310.4M

EPS (Diluted)

+205.6% YoY

$0.19FY 2024

FY20 $-1.20FY21 $-0.27FY22 $-0.18FY24 $0.19

Total Assets

+83.2% YoY

$6.34BFY 2024

FY20 $2.69BFY21 $3.25BFY22 $3.46BFY24 $6.34B

Total Debt

—FY 2024

FY20 $198.0MFY21 $0.00FY22 —FY24 —

Op. Cash Flow

+415.7% YoY

$1.15BFY 2024

FY20 $-296.6MFY21 $333.9MFY22 $223.7MFY24 $1.15B

Metric	FY 2024	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Revenue	$2.87B +50.4%	$1.91B +23.6%	$1.54B +41.1%	$1.09B +47.2%	$742.6M +24.7%	$595.4M
Net Income	$462.2M +223.7%	$-373.7M +28.2%	$-520.4M +55.4%	$-1.17B -101.2%	$-579.6M +0.1%	$-580.0M
Operating Income	$310.4M +292.6%	$-161.2M +60.8%	$-411.0M +65.0%	$-1.17B -103.6%	$-576.4M +7.5%	$-623.4M
EPS (Diluted)	$0.19 +205.6%	$-0.18 +33.3%	$-0.27 +77.5%	$-1.20 -252.9%	$-0.34 +12.8%	$-0.39
Total Assets	$6.34B +83.2%	$3.46B +6.6%	$3.25B +20.7%	$2.69B +68.8%	$1.59B	—
Total Debt	—	—	$0.00 -100.0%	$198.0M -50.0%	$396.1M	—
Operating Cash Flow	$1.15B +415.7%	$223.7M -33.0%	$333.9M +212.6%	$-296.6M -79.5%	$-165.2M -323.5%	$-39.0M

AI Insight: PLTR Financial Trends

Palantir delivered extraordinary 141% revenue growth and 549% net income expansion over eight quarters, with operating margins now at 46.2%.

• Revenue surged from $678M (Q2 2024) to $1,633M (Q1 2026); net income jumped from $134M to $871M.

• Operating margin expanded from 15.5% (Q2 2024) to 46.2% (Q1 2026); operating income grew 619% over the period.

• Operating cash flow strengthened to $899M (Q1 2026) from $144M (Q2 2024), up 524% with consistent positive generation.

⚠ Equity base increased 108% to $8.45B; monitor whether growth rate sustains or normalizes as company scales.

⚠ Net income as % of revenue reached 53.4% in Q1 2026—exceptionally high; risk of margin compression if growth moderates.

AI Insight: PLTR Ratio Trends

Palantir's profitability metrics surged across the board in Q1 2026, with operating margin reaching 46.2% and ROIC jumping to 35.7%—a dramatic acceleration from single-digit returns in Q4 2024.

• Operating margin expanded from 1.3% in Q4 2024 to 46.2% in Q1 2026, while NPM rose from 9.6% to 53.3% over the same period.

• ROIC climbed from 0.9% in Q4 2024 to 35.7% in Q1 2026; ROE similarly jumped from 6.3% to 41.2%.

• All profitability metrics show consistent quarter-over-quarter improvement since Q1 2025, with no reversals.

⚠ Q4 2024 showed a dramatic profitability trough (OpMargin 1.3%, ROIC 0.9%); confirm this was a one-time event and not structural.

⚠ Q1 2026 metrics significantly exceed TTM averages (46.2% vs. 38.1% OpMargin), suggesting potential seasonal strength or Q1-specific items.

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Available Research

13F Pro tracks comprehensive data for Palantir Technologies Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of PLTR

BlackRock, Inc.
$27.6B188,990,971 sh
VANGUARD CAPITAL MANAGEMENT LLC
$21.2B144,837,529 sh
STATE STREET CORP
$14.9B101,626,594 sh
GEODE CAPITAL MANAGEMENT, LLC
$8.1B55,871,332 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$7.3B50,022,230 sh
JANE STREET GROUP, LLC
$4.9B33,618,200 sh
MORGAN STANLEY
$4.7B32,202,689 sh
JANE STREET GROUP, LLC
$3.6B24,504,700 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$3.4B23,099,400 sh
SUSQUEHANNA INTERNATIONAL GROUP, LLP
$3.2B22,013,800 sh

Fund	Value	Shares
BlackRock, Inc.	$27.6B	188,990,971
VANGUARD CAPITAL MANAGEMENT LLC	$21.2B	144,837,529
STATE STREET CORP	$14.9B	101,626,594
GEODE CAPITAL MANAGEMENT, LLC	$8.1B	55,871,332
VANGUARD PORTFOLIO MANAGEMENT LLC	$7.3B	50,022,230
JANE STREET GROUP, LLC	$4.9B	33,618,200
MORGAN STANLEY	$4.7B	32,202,689
JANE STREET GROUP, LLC	$3.6B	24,504,700
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$3.4B	23,099,400
SUSQUEHANNA INTERNATIONAL GROUP, LLP	$3.2B	22,013,800

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Is PLTR a good stock to buy?

13F Pro's AI-powered analysis of Palantir Technologies Inc. (PLTR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for PLTR are available on the PLTR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own PLTR?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling PLTR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Palantir Technologies Inc.'s investment landscape.