Financial Snapshot

Revenue
$2.038B
TTM
Gross Margin
80.83%
TTM
Net Earnings
$383.2M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
595.8%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$5.094B
Q4 2024
Cash
Q4 2024
P/E
415.3
Nov 29, 2024 EST
Free Cash Flow
$684.0M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $2.866B $2.225B $1.906B $1.542B $1.093B $742.6M $595.4M
YoY Change 28.79% 16.75% 23.61% 41.11% 47.15% 24.71%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $2.866B $2.225B $1.906B $1.542B $1.093B $742.6M $595.4M
Cost Of Revenue $566.0M $431.1M $408.5M $339.4M $352.5M $242.4M $165.4M
Gross Profit $2.300B $1.794B $1.497B $1.202B $740.1M $500.2M $430.0M
Gross Profit Margin 80.25% 80.62% 78.56% 77.99% 67.74% 67.36% 72.22%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $1.481B $1.269B $1.299B $1.226B $1.353B $771.1M $768.0M
YoY Change 16.7% -2.27% 5.94% -9.39% 75.49% 0.4%
% of Gross Profit 64.42% 70.76% 86.74% 101.96% 182.83% 154.16% 178.6%
Research & Development $507.9M $404.6M $359.7M $387.5M $560.7M $305.6M $285.5M
YoY Change 25.52% 12.5% -7.18% -30.89% 83.48% 7.05%
% of Gross Profit 22.09% 22.56% 24.02% 32.22% 75.75% 61.09% 66.38%
Depreciation & Amortization $31.59M $33.35M $22.52M $14.90M $13.87M $12.26M $13.91M
YoY Change -5.3% 48.1% 51.18% 7.4% 13.19% -11.9%
% of Gross Profit 1.37% 1.86% 1.5% 1.24% 1.87% 2.45% 3.23%
Operating Expenses $1.989B $1.674B $1.659B $1.614B $1.914B $1.077B $1.053B
YoY Change 18.83% 0.93% 2.79% -15.69% 77.76% 2.2%
Operating Profit $310.4M $120.0M -$161.2M -$411.0M -$1.174B -$576.4M -$623.4M
YoY Change 158.74% -174.42% -60.78% -64.98% 103.61% -7.54%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense $129.1M $4.058M $70.77M $14.14M $3.061M $3.440M
YoY Change 3081.42% -94.27% 400.51% 361.91% -11.02%
% of Operating Profit 107.62%
Other Income/Expense, Net -$18.02M -$11.98M -$216.1M -$148.2M $3.300M -$2.853M -$2.638M
YoY Change 50.47% -94.46% 45.79% -4591.36% -215.67% 8.15%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income $489.2M $237.1M -$361.0M -$488.5M -$1.179B -$567.3M -$570.9M
YoY Change 106.32% -165.67% -26.09% -58.57% 107.84% -0.64%
Income Tax $21.30M $19.72M $10.10M $31.89M -$12.64M $12.38M $9.102M
% Of Pretax Income 4.35% 8.32%
Net Earnings $462.2M $209.8M -$373.7M -$520.4M -$1.166B -$579.6M -$580.0M
YoY Change 120.27% -156.15% -28.19% -55.39% 101.22% -0.07%
Net Earnings / Revenue 16.13% 9.43% -19.61% -33.75% -106.75% -78.06% -97.42%
Basic Earnings Per Share $0.21 $0.10 -$0.18 -$0.27 -$1.19 -$1.02 -$1.11
Diluted Earnings Per Share $0.19 $0.09 -$0.18 -$270.5K -$1.20 -$1.02 -$1.17

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

No data

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

No data

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $3.674B $2.634B $2.525B $2.011B $1.079B $1.116B
YoY Change 39.51% 4.31% 25.53% 86.37% -3.32%
Cash & Equivalents $831.0M $2.599B $2.291B $2.011B $1.079B $1.116B
Short-Term Investments $2.843B $35.14M $234.2M
Other Short-Term Assets $99.66M $149.6M $147.5M $89.20M $84.70M $84.60M
YoY Change -33.37% 1.39% 65.36% 5.31% 0.12%
Inventory
Prepaid Expenses
Receivables $364.8M $258.3M $190.9M $156.9M $50.30M $19.20M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $4.139B $3.042B $2.863B $2.257B $1.214B $1.220B
YoY Change 36.07% 6.23% 26.84% 85.92% -0.48%
Property, Plant & Equipment $230.6M $269.4M $248.2M $246.6M $31.60M $30.00M
YoY Change -14.4% 8.54% 0.65% 680.38% 5.33%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $26.10M $17.50M
YoY Change 49.14%
Other Assets $153.2M $150.3M $136.0M $186.5M $322.1M $163.4M
YoY Change 1.95% 10.48% -27.08% -42.1% 97.12%
Total Long-Term Assets $383.8M $419.7M $384.2M $433.1M $379.8M $210.9M
YoY Change -8.54% 9.23% -11.29% 14.03% 80.09%
Total Assets $4.522B $3.461B $3.247B $2.691B $1.594B $1.431B
YoY Change
Accounts Payable $12.12M $44.79M $74.91M $16.40M $51.70M $27.40M
YoY Change -72.93% -40.21% 356.75% -68.28% 88.69%
Accrued Expenses $277.2M $217.8M $195.7M $187.6M $126.6M $123.7M
YoY Change 27.25% 11.28% 4.34% 48.18% 2.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $746.0M $587.9M $660.1M $603.8M $728.6M $531.9M
YoY Change 26.89% -10.93% 9.32% -17.13% 36.98%
Long-Term Debt $0.00 $0.00 $0.00 $198.0M $396.1M $0.00
YoY Change -100.0% -50.01%
Other Long-Term Liabilities $215.4M $230.9M $296.4M $366.2M $322.8M $390.8M
YoY Change -6.68% -22.1% -19.07% 13.44% -17.4%
Total Long-Term Liabilities $215.4M $230.9M $296.4M $564.2M $718.9M $390.8M
YoY Change -6.68% -22.1% -47.47% -21.52% 83.96%
Total Liabilities $1.047B $895.9M $956.4M $1.168B $1.447B $922.7M
YoY Change 16.85% -6.33% -18.11% -19.3% 56.87%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

No data

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 2.250B shares 2.147B shares 2.064B shares 1.924B shares 977.7M 577.0M 537.3M
Diluted Shares Outstanding 2.451B shares 2.298B shares 2.064B shares 1.924B shares 979.3M 577.0M 544.0M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $159.12 Billion

About Palantir Technologies Inc.

Palantir Technologies, Inc. engages in the business of building and deploying software platforms that serve as the central operating systems for its customers. The company is headquartered in Denver, Colorado and currently employs 3,892 full-time employees. The company went IPO on 2020-09-30. The company has built four principal software platforms, including Palantir Gotham (Gotham), Palantir Foundry (Foundry), Palantir Apollo (Apollo), and Palantir Artificial Intelligence Platform (AIP). Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery of new features, security updates, and platform configurations, helping to ensure the continuous operation of critical systems. Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants. Foundry transforms the ways organizations operate by creating a central operating system for their data. AIP enables responsible artificial intelligence (AI)-advantage across the enterprise by using primary, core components built to effectively activate large language models (LLMs) and other AI within any organization.

Industry: Services-Prepackaged Software Peers: ANSYS INC Aspen Technology, Inc. CITRIX SYSTEMS INC Datadog, Inc. HUBSPOT INC Nuance Communications, Inc. Paycom Software, Inc. Salesforce, Inc. TYLER TECHNOLOGIES INC Zoom Communications, Inc.