PLTR
Palantir Technologies Inc.
PLTR has the edge over TLS overall, supported by stronger valuation and stronger modeled upside.
TLS
Telos Corporation
TLS's outlook is improving, though it still trails on the overall score.
PLTR Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
PLTR's revenue, profitability, cash flow and balance sheet are all currently strong.
TLS Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Strong | |
| Strong |
TLS's revenue, cash flow and balance sheet are currently healthy, and its profitability is stable.
PLTR PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 75x | $172 | — |
| Current | 120x | $172 | — |
| Cheap | 165x | $236 | +37% |
| Fair | 251x | $359 | +109% |
| Expensive | 452x | $646 | +277% |
Historical ranges are pointers, not guarantees.
PLTR's PE is in its cheap range at 120x. If earnings grow as analysts expect, today's price would be 75x next year's earnings.
TLS PE Valuation
TLS has no meaningful PE right now: it lost money over the past year.
PLTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for PLTR, with profitability improving.
TLS Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for TLS, with profitability improving. However, they disagree widely on these estimates.
PLTR Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.30 | +61% |
| Q3 2026 | $1.43 | +240% |
| Q2 2026 | $1.17 | +290% |
| Q1 2026 | $0.89 | +287% |
| Q4 2025 | $0.63 | +232% |
| Q3 2025 | $0.42 | +110% |
| Q2 2025 | $0.30 | +76% |
| Q1 2025 | $0.23 | +92% |
| Q4 2024 | $0.19 | +111% |
PLTR has the edge over TLS on earnings quality, reporting a profit while its opponent remains loss making.
TLS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.28 | — |
| Q3 2026 | -$0.12 | +$0.29 |
| Q2 2026 | -$0.21 | +$0.56 |
| Q1 2026 | -$0.35 | +$0.40 |
| Q4 2025 | -$0.50 | +$0.23 |
| Q3 2025 | -$0.41 | +$0.29 |
| Q2 2025 | -$0.77 | -$0.34 |
| Q1 2025 | -$0.75 | -$0.31 |
| Q4 2024 | -$0.73 | -$0.23 |
TLS is still losing money, but far less than before: $0.12 per share over the past year, against $0.77 at its worst in mid-2025.
PLTR Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +96% |
| Q2 2026 | $1.9B | +93% |
| Q1 2026 | $1.6B | +85% |
| Q4 2025 | $1.4B | +70% |
| Q3 2025 | $1.2B | +63% |
| Q2 2025 | $1B | +48% |
| Q1 2025 | $883.9M | +39% |
| Q4 2024 | $827.5M | +36% |
PLTR has the edge over TLS on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 47% | +14 points |
| Q2 2026 | 47% | +20 points |
| Q1 2026 | 46% | +26 points |
| Q4 2025 | 41% | +40 points |
| Q3 2025 | 33% | +18 points |
| Q2 2025 | 27% | +11 points |
| Q1 2025 | 20% | +7.2 points |
| Q4 2024 | 1.3% | -9.5 points |
PLTR has the edge over TLS on profitability, with a higher operating margin.
TLS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $55.2M | +7.3% |
| Q2 2026 | $47.7M | +33% |
| Q1 2026 | $47.7M | +56% |
| Q4 2025 | $46.8M | +77% |
| Q3 2025 | $51.4M | +116% |
| Q2 2025 | $36M | +26% |
| Q1 2025 | $30.6M | +3.4% |
| Q4 2024 | $26.4M | -36% |
TLS's revenue is recovering but still below its 2021 peak: $55M last quarter, up 7.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 7.4% | +12 points |
| Q2 2026 | 0.7% | +28 points |
| Q1 2026 | 3% | +33 points |
| Q4 2025 | -40% | -1.9 points |
| Q3 2025 | -4.8% | +117 points |
| Q2 2025 | -27% | +2.8 points |
| Q1 2025 | -29% | -1 points |
| Q4 2024 | -38% | -18 points |
TLS's operating margin was 7.4% last quarter, up 12 points from the same quarter a year ago.
PLTR Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.2B | +139% |
| Q2 2026 | $1.2B | +126% |
| Q1 2026 | $891.8M | +193% |
| Q4 2025 | $764M | +67% |
| Q3 2025 | $500.9M | +20% |
| Q2 2025 | $531.6M | +276% |
| Q1 2025 | $304.1M | +140% |
| Q4 2024 | $457.2M | +54% |
PLTR has the edge over TLS on cash flow, with more consistent year-over-year improvement.
TLS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.4M | +7.6% |
| Q2 2026 | $8.6M | +26% |
| Q1 2026 | $8.5M | +42% |
| Q4 2025 | $8M | +$20.3M |
| Q3 2025 | $8.7M | +$15.8M |
| Q2 2025 | $6.8M | +$15M |
| Q1 2025 | $6M | +$6.4M |
| Q4 2024 | -$12.4M | -383% |
TLS generated $34M in free cash flow over the past year, about four times what it generated the year before.
PLTR Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +5.2M shares |
| 1 year | +0.1% | +2.9M shares |
| 3 years | +11% | +248M shares |
| 5 years | +31% | +610M shares |
| Available history | +184% | +1.7B shares |
PLTR has the edge over TLS on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | $19.2M |
| Q3 2025 | $19.2M |
| Q2 2025 | $18.6M |
| Q1 2025 | $18M |
| Q4 2024 | $18.6M |
| Q3 2024 | $18.9M |
| Q2 2024 | $17.7M |
| Q1 2024 | $9M |
TLS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.4% | -1.1M shares |
| 1 year | +5.4% | +3.9M shares |
| 3 years | +10% | +6.9M shares |
| 5 years | +15% | +9.7M shares |
| Available history | +56% | +27.4M shares |
TLS has 76M diluted shares, up 5.4% from a year ago, despite $19M in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.7M |
| Q2 2026 | $4.7M |
| Q1 2026 | $2.2M |
| Q4 2025 | $6M |
| Q3 2025 | $3.6M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
TLS spent $19M buying back its own shares over the past year.
PLTR Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -0.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | -1.0x | Net Cash |
| Q3 2025 | -1.9x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -2.3x | Net Cash |
| Q4 2024 | -6.1x | Net Cash |
PLTR has more cash than debt.
TLS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -50.6x | Net Cash |
| Q4 2020 | -18.7x | Net Cash |
| Q3 2020 | 10.3x | High |
| Q2 2020 | 10.0x | High |
| Q1 2020 | 13.8x | High |
| Q4 2019 | 16.8x | High |
TLS has the edge over PLTR on leverage, with a lower net debt burden relative to earnings.
PLTR Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.4 | Neutral |
| Stochastic | 47.4 | Neutral |
PLTR's weekly RSI is 51 (neutral) and its Stochastic is 47 (neutral).
TLS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 71.2 | Overbought |
| Stochastic | 72.5 | Neutral |
TLS's weekly RSI is 71 (overbought) and its Stochastic is 73 (neutral).
PLTR PE vs Technology Sector
| Metric | PLTR | Sector median | Relative |
|---|---|---|---|
| PE | 120x | 28x | 331% above |
| PE % | 1 | 38 | 37 pts below |
PLTR is trading at 120x earnings, a 331% premium to the Technology sector's median of 28x.
TLS PE vs Technology Sector
TLS has no meaningful PE right now: it lost money over the past year.
PLTR Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $185.8 | 7.6% below |
| 20 week MA | $167.6 | 2.4% above |
| 50 week MA | $157.1 | 9.2% above |
| 100 week MA | $143.8 | 19% above |
| 200 week MA | $83.3 | 106% above |
PLTR's trend is up, with a small recent dip: it's below only its 8-week average, and 106% above its 200-week average.
TLS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.96 | 56% above |
| 20 week MA | $4.73 | 63% above |
| 50 week MA | $4.70 | 64% above |
| 100 week MA | $4.35 | 77% above |
| 200 week MA | $3.85 | 101% above |
TLS has the edge over PLTR on trend strength, trading above more of its moving averages.
PLTR Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.20 | $27.8 | +202% |
| 2021 | $27.8 | $18.9 | -32% |
| 2022 | $18.9 | $6.29 | -67% |
| 2023 | $6.29 | $17.2 | +173% |
| 2024 | $17.2 | $79.1 | +361% |
| 2025 | $79.1 | $188.7 | +139% |
| 2026 YTD | $188.7 | $171.6 | -9.1% |
PLTR's yearly returns have swung widely, from +361% in 2024 to −67% in 2022. It's down 9.1% so far in 2026.
TLS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.1 | $30.2 | +58% |
| 2021 | $30.2 | $16.2 | -46% |
| 2022 | $16.2 | $4.87 | -70% |
| 2023 | $4.87 | $3.65 | -25% |
| 2024 | $3.65 | $3.40 | -6.8% |
| 2025 | $3.40 | $5.18 | +52% |
| 2026 YTD | $5.18 | $7.72 | +49% |
TLS has the edge over PLTR on returns for 2026, with the stronger performance.