Palantir Technologies Inc (PLTR)

Technology | Software Infrastructure
Income Statement (Quarterly) 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenue 883,855,000 827,519,000 725,516,000 678,134,000
Cost of Revenue 172,970,000 174,533,000 146,639,000 128,562,000
Gross Profit 710,885,000 652,986,000 578,877,000 549,572,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 399,948,000 470,441,000 348,182,000 335,452,000
Operating Expenses 534,837,000 641,943,000 465,737,000 444,233,000
Operating Income 176,048,000 11,043,000 113,140,000 105,339,000
Interest Expense 0 0 0 0
Income Before Tax 223,316,000 80,538,000 157,150,000 140,759,000
Income Tax Expense 5,599,000 3,602,000 7,809,000 5,189,000
Net Income 214,031,000 79,009,000 143,525,000 134,126,000
Per Share
EPS 0.09 0.03 0.06 0.06
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 2,865,507,000 2,225,012,000 1,905,871,000 1,541,889,000 1,092,673,000
Cost of Revenue 565,990,000 431,105,000 408,549,000 339,404,000 352,547,000
Gross Profit 2,299,517,000 1,793,907,000 1,497,322,000 1,202,485,000 740,126,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 1,481,236,000 1,269,317,000 1,298,844,000 1,226,044,000 1,353,145,000
Operating Expenses 1,989,114,000 1,673,941,000 1,658,523,000 1,613,531,000 1,913,805,000
Operating Income 310,403,000 119,966,000 -161,201,000 -411,046,000 -1,173,679,000
Interest Expense 0 3,470,000 4,058,000 3,640,000 14,139,000
Income Before Tax 489,173,000 237,091,000 -361,027,000 -488,494,000 -1,179,027,000
Income Tax Expense 21,255,000 19,716,000 10,067,000 31,885,000 -12,636,000
Net Income 462,190,000 209,825,000 -373,705,000 -520,379,000 -1,166,391,000
Per Share
EPS 0.21 0.10 -0.18 -0.26 -1.19
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 2,098,524,000 831,047,000 2,598,540,000 2,290,674,000
Short Term Investments 3,131,463,000 2,843,132,000 35,135,000 234,153,000
Net Receivables 575,048,000 364,784,000 258,346,000 190,923,000
Inventory 0 370,000 16,244,000 0
Total Current Assets 5,934,289,000 4,138,618,000 3,041,577,000 2,863,250,000
Property Plant Equipment 240,378,000 230,621,000 269,410,000 248,202,000
Goodwill and Intangibles 0 0 0 0
Total Assets 6,340,884,000 4,522,425,000 3,461,239,000 3,247,450,000
Liabilities
Account Payables 103,000 12,122,000 44,788,000 74,907,000
Short Term Debt 43,993,000 54,176,000 45,099,000 39,927,000
Total Current Liabilities 996,018,000 746,018,000 587,941,000 660,061,000
Long Term Debt 195,226,000 175,216,000 204,305,000 220,146,000
Total Liabilities 1,246,477,000 961,460,000 818,802,000 956,420,000
Shareholders Equity
Retained Earnings -5,187,423,000 -5,649,613,000 -5,859,438,000 -5,485,733,000
Total Shareholders Equity 5,003,275,000 3,475,561,000 2,565,326,000 2,291,030,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 2,098,524,000 831,047,000 2,598,540,000 2,290,674,000 2,011,323,000
Short Term Investments 3,131,463,000 2,843,132,000 35,135,000 234,153,000 0
Net Receivables 575,048,000 364,784,000 258,346,000 190,923,000 156,932,000
Inventory 0 370,000 16,244,000 0 0
Total Current Assets 5,934,289,000 4,138,618,000 3,041,577,000 2,863,250,000 2,257,429,000
Property Plant Equipment 240,378,000 230,621,000 269,410,000 248,202,000 246,616,000
Goodwill and Intangibles 0 0 0 0 0
Total Assets 6,340,884,000 4,522,425,000 3,461,239,000 3,247,450,000 2,690,504,000
Liabilities
Account Payables 103,000 12,122,000 44,788,000 74,907,000 16,358,000
Short Term Debt 43,993,000 54,176,000 45,099,000 39,927,000 229,800,000
Total Current Liabilities 996,018,000 746,018,000 587,941,000 660,061,000 603,823,000
Long Term Debt 195,226,000 175,216,000 204,305,000 220,146,000 197,977,000
Total Liabilities 1,246,477,000 961,460,000 818,802,000 956,420,000 1,167,954,000
Shareholders Equity
Retained Earnings -5,187,423,000 -5,649,613,000 -5,859,438,000 -5,485,733,000 -4,965,354,000
Total Shareholders Equity 5,003,275,000 3,475,561,000 2,565,326,000 2,291,030,000 1,522,550,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2023-09-30 2022-12-31
Operating Activities
Net Income 467,918,000 209,825,000 0 -371,094,000
Depreciation & Amortization 31,587,000 33,354,000 0 22,522,000
Stock Based Compensation 691,638,000 475,903,000 26,933,000 564,798,000
Change in Working Capital -70,097,000 6,236,000 0 -267,103,000
Operating Cash Flow 1,153,865,000 712,183,000 489,774,000 223,737,000
Investing Activities
Capital Expenditure -12,634,000 -15,114,000 -15,172,000 -40,027,000
Investments -12,634,000 -15,114,000 -15,172,000 -40,027,000
Investing Cash Flow -340,655,000 -2,711,180,000 -15,172,000 -45,427,000
Financing Activities
Debt Repayment 0 0 0 0
Common Stock Issued/Repurchased -64,196,000 218,238,000 0 86,089,000
Dividends Paid 0 0 0 0
Financing Cash Flow 463,364,000 218,839,000 0 85,996,000
Summary
Free Cash Flow 1,141,231,000 697,069,000 474,602,000 183,710,000
Net Change in Cash 1,269,829,000 -1,783,367,000 474,602,000 260,421,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2023-09-30 2022-12-31 2021-12-31
Operating Activities
Net Income 467,918,000 209,825,000 0 -371,094,000 -520,379,000
Depreciation & Amortization 31,587,000 33,354,000 0 22,522,000 14,897,000
Stock Based Compensation 691,638,000 475,903,000 26,933,000 564,798,000 778,215,000
Change in Working Capital -70,097,000 6,236,000 0 -267,103,000 -92,052,000
Operating Cash Flow 1,153,865,000 712,183,000 489,774,000 223,737,000 333,851,000
Investing Activities
Capital Expenditure -12,634,000 -15,114,000 -15,172,000 -40,027,000 -12,627,000
Investments -12,634,000 -15,114,000 -15,172,000 -40,027,000 -12,627,000
Investing Cash Flow -340,655,000 -2,711,180,000 -15,172,000 -45,427,000 -397,912,000
Financing Activities
Debt Repayment 0 0 0 0 -200,000,000
Common Stock Issued/Repurchased -64,196,000 218,238,000 0 86,089,000 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow 463,364,000 218,839,000 0 85,996,000 306,747,000
Summary
Free Cash Flow 1,141,231,000 697,069,000 474,602,000 183,710,000 321,224,000
Net Change in Cash 1,269,829,000 -1,783,367,000 474,602,000 260,421,000 238,768,000