Palantir Technologies Inc. (PLTR) capitalization

Current snapshot

Market Cap
$328.97B
2.39B shares × $137.55
Net Worth
$7.39B
Stockholders' equity · 2025-12-31
Enterprise Value
$322.03B
Market cap + debt − cash
Net Debt
-$6.95B
Debt $229.3M − Cash $7.18B

Annual history

One row per fiscal year (10-K). Market cap uses split-adjusted closing price on the fiscal-year-end date × shares outstanding.

Period End Market Cap
FY'25 2025-12-31 $455.96B
FY'24 2024-12-31 $185.36B
FY'23 2023-12-31 $39.46B
FY'22 2022-12-31 $13.25B
FY'21 2021-12-31 $35.03B
FY'20 2020-12-31 $23.06B

Quarterly history

One row per quarter (10-Q and Q4 from 10-K). Market cap uses split-adjusted closing price on the quarter-end date × shares outstanding.

Period End Market Cap
Q4'25 2025-12-31 $425.03B
Q3'25 2025-09-30 $469.01B
Q2'25 2025-06-30 $349.38B
Q1'25 2025-03-31 $215.46B
Q4'24 2024-12-31 $176.88B
Q3'24 2024-09-30 $91.50B
Q2'24 2024-06-30 $61.16B
Q1'24 2024-03-31 $55.23B
Q4'23 2023-12-31 $37.78B
Q3'23 2023-09-30 $37.21B
Q2'23 2023-06-30 $34.92B
Q1'23 2023-03-31 $18.74B
Q4'22 2022-12-31 $13.48B
Q3'22 2022-09-30 $16.86B
Q2'22 2022-06-30 $18.64B
Q1'22 2022-03-31 $27.96B
Q4'21 2021-12-31 $36.92B
Q3'21 2021-09-30 $47.22B
Q2'21 2021-06-30 $49.94B
Q1'21 2021-03-31 $42.41B
Q4'20 2020-12-31 $42.20B
Q3'20 2020-09-30 $8.60B
Q3'20 2020-06-30
Q1'21 2020-03-31
Q3'20 2019-12-31
Q3'20 2019-09-30
Q3'20 2018-12-31

Methodology

Every figure on this page traces back to SEC EDGAR XBRL company-facts filings (PLTR CIK 0001321655), tagged with the us-gaap and dei taxonomies. The only exception is the live market cap tile, which uses the current share price × shares outstanding from a market quote. Historical share prices come from our total-returns daily history (split-adjusted); historical market caps are calibrated against today's share count to correct for SEC retroactive split restatements.

For the exact XBRL concepts and formulas, see the methodology reference for net worth, debt, cash, market cap, enterprise value, net debt, shares outstanding, and the historical-market-cap calibration.