Palantir Paid $0 in Federal Income Tax in 2025 While Raking in Taxpayer Funds to Surveil Americans

"Palantir Technologies, despite earning $1.6 billion in net income last year, did not pay any federal income taxes due to favorable tax policies that allow corporations to dodge taxes."

"The Institute on Taxation and Economic Policy found that Palantir was among at least 88 major profitable U.S. companies that avoided paying federal income tax in 2025."

"Palantir's revenue grew by 93 percent year over year at the end of 2025, and the company reported it was 'crushing' expectations in terms of growth."

"The combination of GOP tax breaks from the One Big Beautiful Bill Act and the 2017 Tax Cuts and Jobs Act worsened the tax avoidance practices of corporations like Palantir."

Palantir Technologies reported a net income of $1.6 billion in 2025 but paid no federal income taxes. The company benefited from tax policies that allowed it to avoid taxes, including GOP tax breaks from the One Big Beautiful Bill Act and the 2017 Tax Cuts and Jobs Act. This situation is not unique to Palantir, as at least 88 other major profitable U.S. companies also paid no federal income tax in the same year. Palantir's revenue grew by 93 percent year over year, contributing to its valuation as one of the top 20 U.S. companies.

Read at Truthout