PLTR
Palantir Technologies Inc.
PLTR has the edge over WK overall, supported by stronger valuation and stronger modeled upside.
WK
Workiva Inc.
WK'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.
WK Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Strong |
WK's revenue, profitability, cash flow and balance sheet are all currently healthy.
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.
WK PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $68.51 | — |
| Current | 61x | $68.51 | — |
| Cheap | 85x | $96.44 | +41% |
| Fair | 102x | $115 | +68% |
| Expensive | 215x | $243 | +254% |
Historical ranges are pointers, not guarantees.
WK has the edge over PLTR in the historical PE scenario, which offers more potential upside but is not a forecast.
PLTR Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
PLTR has the edge over WK on the outlook, with more favorable profitability expectations.
WK Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
Analysts expect earnings and revenue growth for WK, with profitability holding steady.
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's earnings per share have climbed steadily: $1.43 over the past year, about three times what it earned the year before, and higher year over year every quarter since late 2021.
WK Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.26 | +189% |
| Q3 2026 | $1.13 | +$1.96 |
| Q2 2026 | $0.83 | +$2.02 |
| Q1 2026 | $0.24 | +$1.40 |
| Q4 2025 | -$0.47 | +$0.52 |
| Q3 2025 | -$0.83 | +$0.08 |
| Q2 2025 | -$1.19 | +$0.45 |
| Q1 2025 | -$1.16 | +$0.55 |
| Q4 2024 | -$0.99 | +$1.37 |
WK has returned to profit: it earned $1.13 per share over the past year, after losing money the year before.
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 WK on sales, with stronger typical year-over-year growth.
| 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 WK on profitability, with a higher operating margin.
WK Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $263M | +17% |
| Q2 2026 | $255.3M | +19% |
| Q1 2026 | $247.3M | +20% |
| Q4 2025 | $238.9M | +20% |
| Q3 2025 | $224.2M | +21% |
| Q2 2025 | $215.2M | +21% |
| Q1 2025 | $206.3M | +17% |
| Q4 2024 | $199.9M | +20% |
WK's revenue has grown year over year every quarter since late 2020: $263M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.8% | +8.3 points |
| Q2 2026 | 4.6% | +15 points |
| Q1 2026 | 6.2% | +18 points |
| Q4 2025 | 3.3% | +9.9 points |
| Q3 2025 | -1.5% | +10 points |
| Q2 2025 | -10% | +2.8 points |
| Q1 2025 | -12% | -1.6 points |
| Q4 2024 | -6.7% | -1 points |
WK's operating margin was 6.8% last quarter, up 8.3 points from the same quarter a year ago, near the top of its range since 2019.
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 WK on cash flow, with more consistent year-over-year improvement.
WK Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $68.7M | +49% |
| Q2 2026 | $78M | +58% |
| Q1 2026 | $25.7M | +$33.9M |
| Q4 2025 | $50.7M | +18% |
| Q3 2025 | $46.1M | +147% |
| Q2 2025 | $49.3M | +$49.4M |
| Q1 2025 | -$8.1M | -133% |
| Q4 2024 | $43.2M | +80% |
WK generated $223M in free cash flow over the past year, up 71% from 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 2.6B diluted shares, about the same as a year ago.
| 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 |
WK Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.5% | -851K shares |
| 1 year | -5.1% | -3M shares |
| 3 years | +1.7% | +948K shares |
| 5 years | +7.3% | +3.8M shares |
| Available history | +17% | +8.1M shares |
WK has the edge over PLTR on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $1.2M |
| Q2 2026 | $122.7M |
| Q1 2026 | $50M |
| Q4 2025 | $11.5M |
| Q3 2025 | $10M |
| Q2 2025 | $10M |
| Q1 2025 | $40.1M |
WK spent $185M 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.
WK Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -5.3x | Net Cash |
| Q2 2026 | -6.0x | Net Cash |
| Q1 2026 | -40.6x | Net Cash |
WK 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).
WK Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 49.4 | Neutral |
| Stochastic | 51.9 | Neutral |
WK's weekly RSI is 49 (neutral) and its Stochastic is 52 (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.
WK PE vs Technology Sector
| Metric | WK | Sector median | Relative |
|---|---|---|---|
| PE | 61x | 28x | 118% above |
| PE % | 0 | 35 | 35 pts below |
WK has the edge over PLTR on valuation relative to its sector.
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 has the edge over WK on trend strength, trading above more of its moving averages.
WK Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $75.0 | 8.7% below |
| 20 week MA | $69.2 | 1.1% below |
| 50 week MA | $66.6 | 2.9% above |
| 100 week MA | $74.5 | 8% below |
| 200 week MA | $82.4 | 17% below |
WK's trend is mixed: it's above one of its five weekly moving averages, and 17% below its 200-week average.
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 has the edge over WK on returns for 2026, with the stronger performance.
WK Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.6 | $92.7 | +123% |
| 2021 | $92.7 | $133.4 | +44% |
| 2022 | $133.4 | $83.7 | -37% |
| 2023 | $83.7 | $101.5 | +21% |
| 2024 | $101.5 | $111.1 | +9.5% |
| 2025 | $111.1 | $87.5 | -21% |
| 2026 YTD | $87.5 | $68.5 | -22% |
WK has finished higher in four of the last six years. It's down 22% so far in 2026.