Balance Sheet: Assets
The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.
Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.
Paying user area
Try for free
Palantir Technologies Inc. pages available for free this week:
- Cash Flow Statement
- Common-Size Balance Sheet: Liabilities and Stockholders’ Equity
- Analysis of Short-term (Operating) Activity Ratios
- Dividend Discount Model (DDM)
- Present Value of Free Cash Flow to Equity (FCFE)
- Selected Financial Data since 2020
- Debt to Equity since 2020
- Total Asset Turnover since 2020
- Price to Operating Profit (P/OP) since 2020
- Analysis of Revenues
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to Palantir Technologies Inc. for $24.99.
This is a one-time payment. There is no automatic renewal.
We accept:
Palantir Technologies Inc., consolidated balance sheet: assets
US$ in thousands
Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31).
Total assets experienced substantial growth over the five-year period, increasing from US$3.25 billion in 2021 to US$8.90 billion in 2025. This growth was not consistent year-over-year, with notable fluctuations in the composition of assets.
- Current Assets
- Current assets demonstrated a significant upward trend, rising from US$2.86 billion in 2021 to US$8.36 billion in 2025. This increase was primarily driven by substantial growth in marketable securities and accounts receivable. Cash and cash equivalents initially increased to US$2.60 billion in 2022, but then decreased significantly to US$0.83 billion in 2023 before recovering to US$2.10 billion in 2024 and declining again to US$1.42 billion in 2025. Accounts receivable exhibited consistent growth throughout the period, more than quintupling from US$0.19 billion to US$1.04 billion. Prepaid expenses and other current assets remained relatively stable, with a modest increase over the five years.
- Noncurrent Assets
- Noncurrent assets showed a more moderate increase, growing from US$0.38 billion in 2021 to US$0.54 billion in 2025. Property and equipment, net, remained relatively flat, fluctuating between US$0.03 billion and US$0.07 billion. Operating lease right-of-use assets also remained stable, around US$0.18 billion to US$0.20 billion. Other assets experienced a notable increase, rising from US$0.14 billion in 2021 to US$0.29 billion in 2025.
- Cash Position & Investments
- The company’s cash position experienced volatility. While cash and cash equivalents were strong in 2021 and 2022, a significant decrease occurred in 2023. This decrease coincided with a substantial increase in marketable securities, suggesting a shift in asset allocation. Marketable securities continued to grow significantly in 2024 and 2025, becoming a dominant component of total assets. This indicates a potential strategy of investing excess cash in liquid securities.
The overall trend suggests a company increasingly reliant on investments and receivables to drive asset growth, with a fluctuating cash balance. The substantial increase in total assets, particularly driven by current assets, warrants further investigation into the underlying business activities and investment strategies.