Meta Platforms vs Palantir Technologies (META vs PLTR)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Meta Platforms is the larger company by revenue ($201.0B vs $4.5B) and market value ($1.5T vs $432.4B). Palantir Technologies has grown revenue faster over the last 4 fiscal years (+190.3% cumulative vs +70.4%). Meta Platforms runs the higher operating margin (41.4% vs 31.6%). Meta Platforms trades at the lower trailing P/E (21.6x vs 159.2x).
About Meta Platforms
Meta Platforms, Inc. develops technology products that enable people to connect, share, and build communities through mobile devices, personal computers, virtual reality headsets, and AI glasses. Its main offerings include social media apps like Facebook, Instagram, Messenger, Threads, and WhatsApp, as well as virtual reality devices such as Meta Quest and AI-powered wearables like Meta AI glasses. Meta serves individual users, creators, businesses, and advertisers worldwide by providing platforms for communication, content sharing, and digital advertising.
About Palantir Technologies
Palantir Technologies Inc. develops software platforms that help organizations integrate their data, decisions, and operations at scale. Its main products include Gotham, Foundry, Apollo, and the Artificial Intelligence Platform (AIP), which serve government agencies and commercial enterprises across various industries. The company’s software supports data management, analytics, AI integration, and continuous software delivery in diverse environments worldwide.
Head to head (META FY2025 vs PLTR FY2025)
| Metric | METAFY2025 | PLTRFY2025 |
|---|---|---|
| Revenue | $200.97B | $4.48B |
| Revenue growth (YoY) | 22.2% | 56.2% |
| Gross margin | 82.0% | 82.4% |
| Operating margin | 41.4% | 31.6% |
| Net margin | 30.1% | 36.3% |
| Net income | $60.46B | $1.63B |
| Diluted EPS | $23.49 | $0.63 |
| FCF margin | 22.9% | 46.9% |
| ROE | 27.8% | 21.7% |
| Long-term debt / equity | 0.27× | — |
| Market cap | $1.47T | $432.36B |
| P/E | 21.6× | 159.2× |
Fundamentals are from each company’s SEC filings (META FY2025, PLTR FY2025). ROE is net income over fiscal-year-end equity; long-term debt / equity counts non-current term debt only. P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| META | $117.93B | $116.61B | $134.90B | $164.50B | $200.97B |
| PLTR | $1.54B | $1.91B | $2.23B | $2.87B | $4.48B |
Peer standing
Where each company ranks among the 332 software companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | META | PLTR |
|---|---|---|
| Gross margin | 82.0%89th percentile of 264 | 82.4%89th percentile of 264 |
| Operating margin | 41.4%97th percentile of 303 | 31.6%94th percentile of 303 |
| Net margin | 30.1%92nd percentile of 307 | 36.3%94th percentile of 307 |
| FCF margin | 22.9%71st percentile of 285 | 46.9%99th percentile of 285 |
| Revenue growth (YoY) | +22.2%76th percentile of 325 | +56.2%93rd percentile of 325 |
| ROE | 27.8%86th percentile of 285 | 21.7%81st percentile of 285 |
| P/E | 21.6×41st percentile of 169 | 159.2×96th percentile of 169 |
| Short interest (days to cover) | 1.94d28th percentile of 330 | 1.10d14th percentile of 330 |
Short interest
| FINRA settlement data | META | PLTR |
|---|---|---|
| Shares sold short | 28.0M | 68.3M |
| Change vs prior settlement | -10.8% | +0.3% |
| Days to cover | 1.94 | 1.10 |
| As of settlement | 2026-08-14 | 2026-08-14 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 activity (codes P/S) | META | PLTR |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 62 ($21.1M) | 38 ($123.9M) |
Non-derivative purchases (code P) and sales (code S) reported on SEC Form 4, which may be open-market or private (grants, exercises and tax withholding excluded). For context, about 15% of covered companies saw any reported insider purchase (code P) in a 90-day window.
Held by the same investors
9 tracked 13F managers hold both Meta Platforms and Palantir Technologies as of their latest quarterly filings: AQR Capital Management, ARK Investment Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Renaissance Technologies, Sands Capital Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.