Palantir’s 2025 Form 10-K discloses income before tax by U.S. and foreign jurisdictions and provides a detailed effective tax rate reconciliation.
The filing does not include country-by-country cash income tax payments. Geographic visibility is limited to a U.S. versus foreign split, with the United Kingdom specifically referenced in the rate reconciliation.
Country-level tax picture
Palantir reports income before tax of $1.66 billion in 2025. Of that amount, $1.58 billion arose in the United States, and $72.8 million arose in foreign jurisdictions.
The current income tax provision totaled $26.6 million in 2025. That consisted of:
U.S. federal: $0
U.S. state: $1.5 million
Foreign: $25.1 million
Palantir does not disclose cash income taxes paid to individual countries. It does not name foreign jurisdictions beyond identifying the United Kingdom in the effective tax rate reconciliation.
Concentration and scale
Pre-tax income is heavily concentrated in the United States. In 2025, roughly 96% of in…
