Palantir Technologies Inc. reported a revenue increase of 48% year-over-year for Q2 2025, totaling $1.004 billion. U.S. revenue specifically grew by 68% year-over-year, with U.S. commercial revenue surging 93%. The company closed 157 deals worth at least $1 million and achieved a record total contract value of $2.27 billion, marking a 140% increase from the previous year. The company also reported a GAAP net income of $327 million and a cash flow from operations of $539 million.
For Q3 2025, Palantir anticipates revenue between $1.083 billion and $1.087 billion, and has raised its full-year revenue guidance to between $4.142 billion and $4.150 billion. The adjusted income from operations guidance for the full year is now estimated to be between $1.912 billion and $1.920 billion. Additionally, the company expects U.S. commercial revenue to exceed $1.302 billion, representing a growth rate of at least 85%.
linkAug 04, 2025 16:07:52
Palantir Technologies Inc. reported a revenue increase of 39% year-over-year for Q1 2025, totaling $884 million. The company's U.S. revenue saw a significant rise of 55%, reaching $628 million, while U.S. commercial revenue grew by 71% to $255 million. The company closed 139 deals of at least $1 million during the quarter, contributing to a total contract value of $810 million, which is up 183% year-over-year. Palantir's GAAP net income for the quarter was $214 million, with earnings per share of $0.08.
Following these results, Palantir has raised its full-year revenue guidance to between $3.890 billion and $3.902 billion, reflecting a growth rate of 36%. The company also updated its U.S. commercial revenue guidance to exceed $1.178 billion, indicating a growth rate of at least 68%. Additionally, the adjusted income from operations guidance has been increased to between $1.711 billion and $1.723 billion, and the adjusted free cash flow guidance is now between $1.6 billion and $1.8 billion.
linkMay 05, 2025 16:07:18
Palantir Technologies reported a revenue increase of 36% year-over-year for Q4 2024, totaling $828 million. Notable highlights include a 52% growth in U.S. revenue, with commercial revenue rising 64% and government revenue increasing by 45%. The company closed 129 deals of at least $1 million and achieved a record $803 million in U.S. commercial total contract value, marking a 134% year-over-year increase. Cash from operations reached $460 million, reflecting a 56% margin, and the customer count grew by 43% year-over-year.
However, the company faced challenges with its GAAP net income, which was $79 million, translating to a 10% margin. When excluding one-time expenses related to stock appreciation rights, the adjusted net income was $165 million, or a 20% margin. The income from operations was significantly lower at $11 million, representing only a 1% margin, though adjusted income from operations was much higher at $373 million, yielding a 45% margin. These mixed results indicate underlying operational pressures despite overall revenue growth.
linkFeb 03, 2025 16:07:17
Palantir Technologies Inc. has announced its decision to transfer the listing of its Class A Common Stock from the New York Stock Exchange to the Nasdaq Global Select Market, with trading expected to commence on November 26, 2024. The company will continue to use the ticker symbol 'PLTR' and anticipates meeting the eligibility requirements for the Nasdaq-100 Index, which may enhance its visibility to investors.
However, the press release includes a disclaimer about forward-looking statements, highlighting that there are risks and uncertainties associated with the transfer and potential index eligibility. The company does not commit to updating these statements, suggesting that there may be factors beyond its control that could impact the anticipated benefits of the listing change.
linkNov 14, 2024 16:08:10
Palantir Technologies Inc. reported a 30% year-over-year revenue growth, reaching $726 million for the third quarter of 2024. Notably, U.S. revenue surged by 44%, with commercial revenue increasing by 54%. The company also achieved a GAAP net income of $144 million, leading to an earnings per share (EPS) of $0.06, which represents a 100% increase from the previous year. The number of customers grew by 39%, and the company closed 104 deals exceeding $1 million, indicating a strong demand for its services, particularly in the AI sector.
On the downside, while Palantir’s financial metrics showed significant growth, there are concerns regarding its reliance on stock-based compensation, which totaled $142 million for the quarter. Additionally, the company faces challenges such as a long and unpredictable sales cycle and potential risks related to macroeconomic factors, including geopolitical tensions and fluctuating interest rates. Despite raising its revenue guidance for the full year, the complexities of maintaining customer contracts and the competitive landscape in the AI market pose ongoing risks to its business model.
linkNov 04, 2024 16:07:10
Palantir Technologies announced a 27% revenue growth year-over-year, reaching $678 million in Q2 2024. US commercial revenue surged by 55%, with a notable increase in customer count. The company also reported a record GAAP EPS of $0.06, a 500% rise from the previous year. Palantir raised its full-year revenue guidance, anticipating between $2.742 - $2.750 billion. Overall, the results reflect strong operational performance and positive momentum in both commercial and government sectors.
linkAug 05, 2024 16:08:01
Palantir Technologies Inc. (NYSE:PLTR) announces 21% revenue growth, sixth consecutive quarter of GAAP profitability, and GAAP EPS of $0.04 in Q1 2024. US commercial revenue increased by 40% year-over-year. The company forecasts revenue of $2.677 - $2.689 billion for full year 2024, with adjusted income from operations expected to be between $868 - $880 million. CEO Alex Karp's letter and an earnings webcast discussing the results are available on Palantir's website.
linkMay 06, 2024 16:06:05
Palantir Technologies Inc. (NYSE:PLTR) reported its fifth consecutive quarter of GAAP profitability with a Q4 2023 GAAP EPS of $0.04. The company achieved significant revenue growth, particularly in US commercial revenue, and strong financial performance with cash from operations of $301 million and adjusted free cash flow of $305 million. The company's outlook for Q1 2024 and full year 2024 indicates expectations of continued revenue growth and profitability. The CEO's annual letter and an earnings webcast discussing the results and financial outlook are available on the company's website.
linkFeb 05, 2024 16:07:25
Palantir Technologies Inc. reported its fourth consecutive quarter of GAAP profitability, with a net income of $72 million and a 13% margin. The company's revenue grew 17% year-over-year to $558 million, with commercial revenue growing 23% and government revenue growing 12%. Palantir also saw a 34% increase in customer count and had cash, cash equivalents, and short-term US treasury securities of $3.3 billion. For Q4 2023, the company expects revenue of $599-$603 million and adjusted income from operations of $184-$188 million. For the full year 2023, Palantir raised its revenue guidance to $2.216-$2.220 billion and adjusted income from operations guidance to $607-$611 million.
linkNov 02, 2023 07:02:29