Palantir Technologies vs Toast
Toast is the larger business, with $6.15bn of revenue in fiscal 2025 against $4.48bn for Palantir Technologies (1.4 times as much). Palantir Technologies grew faster (56.2% against 24.1%). Palantir Technologies kept more of each dollar of sales as profit: a net margin of 36.3% against 5.6%.
| Latest fiscal year | Palantir TechnologiesPLTR, 2025 | ToastTOST, 2025 |
|---|---|---|
| Revenue | $4.48bn | $6.15bn |
| Revenue growth | 56.2% | 24.1% |
| Net income | $1.63bn | $342m |
| Operating margin | 31.6% | — |
| Net margin | 36.3% | 5.6% |
| Return on equity | 26.2% | 18.6% |
| Free cash flow | $2.10bn | $608m |
| Cash | $1.42bn | $1.35bn |
| Total debt | $0 | $0 |
| Debt to equity | 0.0% | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $75.0m | $107m |
| Employees | 4,429 | 6,500 |
| Market value | $422.08bn | $20.05bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 45 (Weak) | 36 (Weak) |
| Insider trades, 12 months | 0 buys, 322 sales | 0 buys, 57 sales |