Palantir vs Zoom Communications
Zoom Communications reported revenue of $4.9 billion in fiscal 2026, about the same as Palantir's $4.5 billion in fiscal 2025. Palantir's revenue grew 56.2% in its latest year, and Zoom Communications' grew 4.4%. Palantir had an operating margin of 31.6%, against 23.1% at Zoom Communications. Free cash flow was $2.1 billion at Palantir and $1.9 billion at Zoom Communications. Their fiscal years end in different months (December 31 and January 31), so the periods don't line up exactly.
Side by side
| Palantir | Zoom Communications | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Jan 31, 2026 |
| Revenue | $4.5B | $4.9B |
| Revenue growth | 56.2% | 4.4% |
| Revenue growth a year, last 5 years | 32.6% | 12.9% |
| Gross margin | 82.4% | 77.0% |
| Operating margin | 31.6% | 23.1% |
| Net margin | 36.3% | 39.0% |
| Free cash flow | $2.1B | $1.9B |
| Free cash flow margin | 46.9% | 39.5% |
| Return on capital | — | 56.2% |
| Net debt to EBITDA | −5.0x | −6.2x |
| Dividends and buybacks | $75M | $1.6B |
| Change in diluted share count | 4.7% | −2.5% |
| Last close | $198.84 | $98.04 |
| P/E at the last close | 171.4× | 9.1× |
| Insider trades, last 12 months | sold $876.7 million | sold $81.5 million |
| Piotroski F-score | 7 of 9 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
PalantirZoom Communications
Operating margin
Percent of revenue
PalantirZoom Communications
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
PalantirZoom Communications
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Palantir and Zoom Communications pages.