Public SaaS Valuations

Valuation benchmarks for public SaaS companies. Data for Q2 2026.

Company	Market Cap	ARR Multiple ↓	Revenue	Growth	Gross Margin	Op. Margin	AI Risk
Palantir Technologies Inc.(PLTR)	322.8B	41.7x	1.9B↑ 302.9M	18.6%↑ +2.5%	84.7%↓ -2.1%	47.1%↑ +0.9%	16/100
BigBear.ai Holdings, Inc.(BBAI)	1.4B	9.3x	36.7M↑ 2.3M	6.7%↓ -19.4%	32.8%↓ -1.3%	-77.7%↓ -7.3%	19/100
C3.ai, Inc.(AI)	1.3B	6.1x	51.6M↓ -1.7M	-3.1%↑ +26.0%	21.9%↑ +4.6%	-234.8%↑ +28.8%	9/100
Leidos Holdings, Inc.(LDOS)	15.0B	0.8x	4.6B↑ 158.0M	3.6%↓ -1.0%	17.9%↑ +0.6%	11.3%↓ -0.3%	6/100

SEC filings often mix pure quarterly figures (3 months) with year-to-date (YTD) figures (6 months in Q2, 9 months in Q3) in their 10-Q reports. In this case, the results are normalized to a 3-month period.