PLTR · News · 20260807N

Gross Margin Drivers

Palantir Technologies Inc. · 2026-08-07 · Importance 33 · Surprise 24

Palantir’s adjusted operating margin reached 62% in the second quarter of 2026. Adjusted gross margin declined to 86% because Palantir absorbed government cloud-hosting costs. The cost absorption may strengthen long-term government customer relationships despite the near-term margin reduction.

Key facts

• Palantir absorbed government cloud hosting costs, reducing adjusted gross margin to 86%. source
• GAAP operating margin reached 47% in Q2 2026 (reported GAAP operating margin reaching 47%). source