Palantir Technologies (PLTR) Financials

$128.12 -2.06 (-1.58%)

As of 05/15/2025 04:00 PM Eastern

Annual Income Statements for Palantir Technologies

This table shows Palantir Technologies' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Income / (Loss) Attributable to Common Shareholders	462	210	-374	-520	-1,166	-580	-598
Consolidated Net Income / (Loss)	468	217	-371	-520	-1,166	-580	-580
Net Income / (Loss) Continuing Operations	468	217	-371	-520	-1,166	-580	-580
Total Pre-Tax Income	489	237	-361	-488	-1,179	-567	-571
Total Operating Income	310	120	-161	-411	-1,174	-576	-623
Total Gross Profit	2,300	1,794	1,497	1,202	740	500	430
Total Revenue	2,866	2,225	1,906	1,542	1,093	743	595
Operating Revenue	2,866	2,225	1,906	1,542	1,093	743	595
Total Cost of Revenue	566	431	409	339	353	242	165
Operating Cost of Revenue	566	431	409	339	353	242	165
Total Operating Expenses	1,989	1,674	1,659	1,614	1,914	1,077	1,053
Selling, General & Admin Expense	593	524	596	612	669	321	306
Marketing Expense	888	745	703	615	684	450	462
Research & Development Expense	508	405	360	387	561	306	285
Total Other Income / (Expense), net	179	117	-200	-77	-5.35	9.17	53
Interest & Investment Income	197	133	20	1.61	4.68	15	11
Other Income / (Expense), net	-18	-15	-220	-75	4.11	-2.86	45
Income Tax Expense	21	20	10	32	-13	12	9.10
Net Income / (Loss) Attributable to Noncontrolling Interest	5.73	7.55	2.61	0.00	0.00	-	-
Basic Earnings per Share	$0.21	$0.10	($0.18)	($0.27)	($1.19)	($1.02)	($1.11)
Weighted Average Basic Shares Outstanding	2.25B	2.15B	2.06B	1.92B	977.72M	576.96M	537.28M
Diluted Earnings per Share	$0.19	$0.09	($0.18)	($0.27)	($1.20)	($1.02)	($1.17)
Weighted Average Diluted Shares Outstanding	2.45B	2.30B	2.06B	1.92B	979.33M	576.96M	544.01M
Weighted Average Basic & Diluted Shares Outstanding	2.35B	2.21B	2.10B	2.03B	1.82B	-	-

This table shows Palantir Technologies' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	214	79	144	134	106	93	72	28	17	31	-124
Consolidated Net Income / (Loss)	218	77	149	136	106	97	73	28	19	33	-124
Net Income / (Loss) Continuing Operations	218	77	149	136	106	97	73	28	19	33	-124
Total Pre-Tax Income	223	81	157	141	111	106	80	30	21	38	-123
Total Operating Income	176	11	113	105	81	66	40	10	4.12	-18	-62
Total Gross Profit	711	653	579	550	518	500	450	426	418	404	370
Total Revenue	884	828	726	678	634	608	558	533	525	509	478
Operating Revenue	884	828	726	678	634	608	558	533	525	509	478
Total Cost of Revenue	173	175	147	129	116	109	108	107	108	104	108
Operating Cost of Revenue	173	175	147	129	116	109	108	107	108	104	108
Total Operating Expenses	535	642	466	444	437	434	410	416	413	422	432
Selling, General & Admin Expense	164	182	139	139	134	127	128	133	136	150	149
Marketing Expense	236	288	209	197	193	197	176	184	187	190	183
Research & Development Expense	135	172	118	109	110	109	106	100	90	82	101
Total Other Income / (Expense), net	47	69	44	35	30	40	40	20	17	56	-61
Interest & Investment Income	50	55	52	47	43	45	37	30	21	13	5.54
Other Income / (Expense), net	-3.17	15	-8.11	-11	-14	-4.09	3.12	-10	-4.14	41	-65
Income Tax Expense	5.60	3.60	7.81	5.19	4.66	9.33	6.53	2.17	1.68	4.36	1.10
Net Income / (Loss) Attributable to Noncontrolling Interest	3.69	-2.07	5.82	1.44	0.54	3.52	1.93	-0.26	2.35	2.61	0.00
Basic Earnings per Share	$0.09	$0.04	$0.06	$0.06	$0.05	$0.05	$0.03	$0.01	$0.01	$0.02	($0.06)
Weighted Average Basic Shares Outstanding	2.35B	2.25B	2.25B	2.23B	2.21B	2.15B	2.16B	2.13B	2.11B	2.06B	2.07B
Diluted Earnings per Share	$0.08	$0.03	$0.06	$0.06	$0.04	$0.04	$0.03	$0.01	$0.01	$0.02	($0.06)
Weighted Average Diluted Shares Outstanding	2.55B	2.45B	2.46B	2.41B	2.40B	2.30B	2.33B	2.28B	2.22B	2.06B	2.07B
Weighted Average Basic & Diluted Shares Outstanding	2.36B	2.35B	2.28B	2.24B	2.23B	2.21B	2.18B	2.15B	2.12B	2.10B	2.08B

This table details how cash moves in and out of Palantir Technologies' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Net Change in Cash & Equivalents	1,270	-1,777	260	239	726	135	0.36
Net Cash From Operating Activities	1,154	712	224	334	-297	-165	-39
Net Cash From Continuing Operating Activities	1,154	712	224	334	-297	-165	-39
Net Income / (Loss) Continuing Operations	468	217	-371	-520	-1,166	-580	-580
Consolidated Net Income / (Loss)	468	217	-371	-520	-1,166	-580	-580
Depreciation Expense	32	33	23	15	14	12	14
Non-Cash Adjustments To Reconcile Net Income	724	455	834	931	1,290	261	224
Changes in Operating Assets and Liabilities, net	-70	6.24	-261	-92	-434	141	303
Net Cash From Investing Activities	-341	-2,711	-45	-398	-15	-22	-6.78
Net Cash From Continuing Investing Activities	-341	-2,711	-45	-398	-15	78	-6.78
Purchase of Property, Plant & Equipment	-13	-15	-40	-13	-12	-13	-15
Purchase of Investments	-5,396	-5,636	-125	-382	0.00	0.00	-
Sale and/or Maturity of Investments	5,074	2,889	52	0.85	0.00	17	0.00
Other Investing Activities, net	-5.62	51	67	-3.87	-2.68	0.00	-
Net Cash From Financing Activities	463	219	86	307	1,036	325	46
Net Cash From Continuing Financing Activities	463	219	86	307	1,036	225	46
Repayment of Debt	0.44	0.60	-0.09	-201	-404	-151	-56
Repurchase of Common Equity	-64	0.00	0.00	-	-	-11	-7.71
Other Financing Activities, net	527	218	86	507	-	7.50	13
Other Net Changes in Cash	-6.75	2.93	-3.89	-3.92	1.26	-2.23	-
Cash Income Taxes Paid	16	14	2.90	4.13	14	8.58	17

This table details how cash moves in and out of Palantir Technologies' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-1,105	1,331	256	-7.59	-310	-212	-12	-215	-1,339	162	44
Net Cash From Operating Activities	310	460	420	144	130	301	133	90	187	79	47
Net Cash From Continuing Operating Activities	310	460	420	144	130	301	133	90	187	79	47
Net Income / (Loss) Continuing Operations	218	77	149	136	106	97	73	28	19	33	-124
Consolidated Net Income / (Loss)	218	77	149	136	106	97	73	28	19	33	-124
Depreciation Expense	6.62	7.01	8.09	8.06	8.44	7.97	8.66	8.40	8.32	7.37	5.94
Non-Cash Adjustments To Reconcile Net Income	152	272	180	141	132	113	117	105	120	115	206
Changes in Operating Assets and Liabilities, net	-66	104	82	-140	-117	83	-66	-51	40	-77	-41
Net Cash From Investing Activities	-1,390	640	-321	-149	-511	-569	-196	-391	-1,555	73	-27
Net Cash From Continuing Investing Activities	-1,390	640	-321	-149	-511	-569	-196	-391	-1,555	73	-27
Purchase of Property, Plant & Equipment	-6.18	-3.11	-3.99	-2.88	-2.66	-4.86	-1.57	-3.93	-4.76	-4.92	-14
Purchase of Investments	-1,705	-1,977	-1,635	-524	-1,260	-845	-1,855	-627	-2,310	-	-35
Sale and/or Maturity of Investments	351	2,622	1,318	382	752	229	1,660	239	761	11	22
Other Investing Activities, net	-30	-1.62	-	-	-	51	-	-	-	-	-
Net Cash From Financing Activities	-29	239	151	-1.98	75	51	51	91	26	14	24
Net Cash From Continuing Financing Activities	-29	239	151	-1.98	75	51	51	91	26	14	24
Repayment of Debt	0.09	0.35	-0.01	-0.31	0.41	-0.18	0.38	0.34	0.06	0.18	-0.58
Repurchase of Common Equity	-18	-19	-19	-18	-9.00	-	-	-	0.00	-	-
Other Financing Activities, net	-11	257	170	16	84	51	51	90	26	14	25
Other Net Changes in Cash	3.98	-7.71	5.91	-0.92	-4.02	5.04	-0.26	-4.53	2.68	-	-

This table presents Palantir Technologies' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019
Total Assets	6,341	4,522	3,461	3,247	2,691	1,594
Total Current Assets	5,934	4,139	3,042	2,863	2,257	1,214
Cash & Equivalents	2,099	831	2,599	2,291	2,011	1,079
Short-Term Investments	3,131	2,843	35	234	-	-
Accounts Receivable	575	365	258	191	157	50
Prepaid Expenses	129	100	150	111	52	33
Plant, Property, & Equipment, net	40	48	69	31	30	32
Total Noncurrent Assets	367	336	350	353	404	348
Other Noncurrent Operating Assets	367	336	350	353	404	348
Total Liabilities & Shareholders' Equity	6,341	4,522	3,461	3,247	2,691	1,594
Total Liabilities	1,246	961	819	956	1,168	1,447
Total Current Liabilities	996	746	588	660	604	729
Accounts Payable	0.10	12	45	75	16	52
Accrued Expenses	427	223	173	156	159	127
Customer Deposits	265	210	142	162	210	364
Current Deferred Revenue	260	247	183	228	190	186
Other Current Liabilities	44	54	45	40	29	0.00
Total Noncurrent Liabilities	250	215	231	296	564	719
Capital Lease Obligations	195	175	204	220	230	-
Noncurrent Deferred Revenue	40	28	9.97	40	51	77
Other Noncurrent Operating Liabilities	15	12	17	36	86	246
Total Equity & Noncontrolling Interests	5,094	3,561	2,642	2,291	1,523	-1,981
Total Preferred & Common Equity	5,003	3,476	2,565	2,291	1,523	-1,981
Total Common Equity	5,003	3,476	2,565	2,291	1,523	-1,981
Common Stock	10,196	9,124	8,430	7,779	6,491	1,858
Retained Earnings	-5,187	-5,650	-5,859	-5,486	-4,965	-3,799
Accumulated Other Comprehensive Income / (Loss)	-5.61	0.80	-5.33	-2.35	-2.75	-0.70
Other Equity Adjustments	0.00	0.00	0.00	0.00	-	-
Noncontrolling Interest	91	85	77	0.00	-	-

This table presents Palantir Technologies' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	6,737	6,341	5,768	5,192	4,807	4,522	4,193	3,980	3,683	3,461	3,319
Total Current Assets	6,283	5,934	5,352	4,774	4,436	4,139	3,809	3,577	3,256	3,042	2,947
Cash & Equivalents	993	2,099	769	513	520	831	1,040	1,056	1,265	2,599	2,411
Short-Term Investments	4,437	3,131	3,796	3,486	3,348	2,843	2,243	2,047	1,640	35	57
Accounts Receivable	725	575	668	659	487	365	430	376	254	258	343
Prepaid Expenses	127	129	119	116	81	100	96	98	86	150	114
Plant, Property, & Equipment, net	40	40	40	43	47	48	50	54	63	69	58
Total Noncurrent Assets	415	367	376	375	324	336	334	349	364	350	314
Other Noncurrent Operating Assets	415	367	376	375	324	336	334	349	364	350	314
Total Liabilities & Shareholders' Equity	6,737	6,341	5,768	5,192	4,807	4,522	4,193	3,980	3,683	3,461	3,319
Total Liabilities	1,218	1,246	1,177	1,054	946	961	922	945	880	819	932
Total Current Liabilities	967	996	943	807	751	746	689	685	601	588	688
Accounts Payable	2.33	0.10	27	67	36	12	9.48	4.61	4.53	45	60
Accrued Expenses	371	427	265	195	206	223	175	185	175	173	165
Customer Deposits	231	265	367	222	218	210	229	184	140	142	234
Current Deferred Revenue	319	260	237	278	237	247	224	260	230	183	190
Other Current Liabilities	44	44	48	44	54	54	52	52	53	45	40
Total Noncurrent Liabilities	251	250	233	247	195	215	233	260	279	231	244
Capital Lease Obligations	200	195	207	214	163	175	184	194	206	204	205
Noncurrent Deferred Revenue	36	40	7.83	16	21	28	35	50	54	9.97	31
Other Noncurrent Operating Liabilities	14	15	18	17	12	12	14	15	18	17	7.58
Total Equity & Noncontrolling Interests	5,519	5,094	4,591	4,138	3,861	3,561	3,272	3,035	2,803	2,642	2,387
Total Preferred & Common Equity	5,424	5,003	4,498	4,051	3,775	3,476	3,190	2,955	2,724	2,565	2,387
Total Common Equity	5,424	5,003	4,498	4,051	3,775	3,476	3,190	2,955	2,724	2,565	2,387
Common Stock	10,401	10,196	9,760	9,465	9,325	9,124	8,940	8,775	8,571	8,430	8,287
Retained Earnings	-4,973	-5,187	-5,266	-5,410	-5,544	-5,650	-5,743	-5,815	-5,843	-5,859	-5,890
Accumulated Other Comprehensive Income / (Loss)	-2.99	-5.61	4.93	-4.94	-5.72	0.80	-7.21	-5.21	-4.32	-5.33	-9.84
Other Equity Adjustments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-
Noncontrolling Interest	95	91	93	87	86	85	82	80	79	77	-

This table displays calculated financial ratios and metrics derived from Palantir Technologies' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Growth Metrics	-	-	-	-	-	-	-
Revenue Growth	28.79%	16.75%	23.61%	41.11%	47.15%	24.71%	0.00%
EBITDA Growth	134.98%	138.42%	23.91%	59.20%	-103.81%	-0.53%	0.00%
EBIT Growth	179.74%	127.41%	21.61%	58.41%	-101.89%	-0.23%	0.00%
NOPAT Growth	169.95%	197.47%	60.78%	64.98%	-103.61%	7.54%	0.00%
Net Income Growth	115.26%	158.58%	28.69%	55.39%	-101.22%	0.07%	0.00%
EPS Growth	111.11%	150.00%	33.33%	77.50%	-17.65%	12.82%	0.00%
Operating Cash Flow Growth	62.02%	218.31%	-32.98%	212.56%	-79.53%	-323.50%	0.00%
Free Cash Flow Firm Growth	14.64%	169.40%	-12.05%	74.41%	-808.79%	0.00%	0.00%
Invested Capital Growth	-3.80%	-70.90%	523.77%	48.84%	83.30%	0.00%	0.00%
Revenue Q/Q Growth	8.28%	4.69%	4.14%	7.74%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	-11.07%	34.66%	29.39%	6.30%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	-11.86%	50.11%	27.66%	6.07%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	-14.19%	231.60%	20.32%	19.19%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-4.09%	41.20%	33.82%	-1.53%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-5.00%	28.57%	35.71%	-50.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	16.00%	45.41%	-6.15%	50.29%	-624.85%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	5.22%	807.63%	-25.10%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-74.51%	-64.03%	108.22%	11.42%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-
Gross Margin	80.25%	80.62%	78.56%	77.99%	67.74%	67.36%	72.22%
EBITDA Margin	11.31%	6.20%	-18.83%	-30.58%	-105.77%	-76.36%	-94.74%
Operating Margin	10.83%	5.39%	-8.46%	-26.66%	-107.41%	-77.63%	-104.71%
EBIT Margin	10.20%	4.70%	-20.01%	-31.55%	-107.04%	-78.01%	-97.07%
Profit (Net Income) Margin	16.33%	9.77%	-19.47%	-33.75%	-106.75%	-78.06%	-97.42%
Tax Burden Percent	95.65%	91.68%	102.79%	106.53%	98.93%	102.18%	101.59%
Interest Burden Percent	167.31%	226.84%	94.67%	100.42%	100.81%	97.92%	98.78%
Effective Tax Rate	4.35%	8.32%	0.00%	0.00%	0.00%	0.00%	0.00%
Return on Invested Capital (ROIC)	488.16%	79.97%	-138.64%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	484.15%	76.35%	-127.81%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-477.34%	-72.96%	123.59%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	10.81%	7.01%	-15.04%	-27.29%	-139.76%	-395.42%	0.00%
Cash Return on Invested Capital (CROIC)	492.03%	189.81%	-176.56%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	5.38%	2.62%	-11.37%	-16.38%	-54.59%	-36.34%	0.00%
Return on Assets (ROA)	8.61%	5.45%	-11.06%	-17.53%	-54.45%	-36.36%	0.00%
Return on Common Equity (ROCE)	10.59%	6.82%	-14.81%	-27.29%	38.36%	5,342.76%	0.00%
Return on Equity Simple (ROE_SIMPLE)	9.35%	6.25%	-14.47%	-22.71%	-76.61%	29.27%	0.00%
Net Operating Profit after Tax (NOPAT)	297	110	-113	-288	-822	-404	-436
NOPAT Margin	10.36%	4.94%	-5.92%	-18.66%	-75.19%	-54.34%	-73.30%
Net Nonoperating Expense Percent (NNEP)	4.01%	3.62%	-10.83%	-11.74%	-29.27%	-47.92%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	5.61%	2.94%	-3.96%	-11.46%	-42.13%	25.46%	-
Cost of Revenue to Revenue	19.75%	19.38%	21.44%	22.01%	32.26%	32.64%	27.78%
SG&A Expenses to Revenue	20.71%	23.57%	31.29%	39.66%	61.27%	43.22%	51.43%
R&D to Revenue	17.72%	18.19%	18.87%	25.13%	51.31%	41.15%	47.94%
Operating Expenses to Revenue	69.42%	75.23%	87.02%	104.65%	175.15%	144.99%	176.93%
Earnings before Interest and Taxes (EBIT)	292	105	-381	-486	-1,170	-579	-578
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	324	138	-359	-472	-1,156	-567	-564
Valuation Ratios	-	-	-	-	-	-	-
Price to Book Value (P/BV)	34.43	10.75	5.21	15.94	26.95	0.00	0.00
Price to Tangible Book Value (P/TBV)	34.43	10.75	5.21	15.94	26.95	0.00	0.00
Price to Revenue (P/Rev)	60.12	16.79	7.01	23.68	37.55	2.71	3.38
Price to Earnings (P/E)	372.76	178.06	0.00	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.27%	0.56%	0.00%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2,805.60	547.53	51.64	0.00	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	58.40	15.26	5.77	22.16	36.06	4.59	0.00
Enterprise Value to EBITDA (EV/EBITDA)	516.54	246.23	0.00	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	572.35	324.80	0.00	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	563.60	308.65	0.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	145.03	47.67	49.17	102.34	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	559.17	130.04	0.00	0.00	0.00	18.41	0.00
Leverage & Solvency	-	-	-	-	-	-	-
Debt to Equity	0.04	0.05	0.08	0.10	0.28	2.70	0.00
Long-Term Debt to Equity	0.04	0.05	0.08	0.10	0.28	2.70	0.00
Financial Leverage	-0.99	-0.96	-0.97	-1.04	-1.41	-5.02	0.00
Leverage Ratio	1.26	1.29	1.36	1.56	2.57	10.87	0.00
Compound Leverage Factor	2.10	2.92	1.29	1.56	2.59	10.65	0.00
Debt to Total Capital	3.69%	4.69%	7.18%	8.77%	21.93%	72.99%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	3.69%	4.69%	7.18%	8.77%	21.93%	72.99%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.72%	2.29%	2.71%	0.00%	0.00%	392.01%	0.00%
Common Equity to Total Capital	94.59%	93.02%	90.11%	91.23%	78.07%	-364.99%	0.00%
Debt to EBITDA	0.60	1.27	-0.57	-0.47	-0.37	-0.70	0.00
Net Debt to EBITDA	-15.54	-25.38	6.77	4.97	1.40	1.30	0.00
Long-Term Debt to EBITDA	0.60	1.27	-0.57	-0.47	-0.37	-0.70	0.00
Debt to NOPAT	0.66	1.59	-1.81	-0.77	-0.52	-0.98	0.00
Net Debt to NOPAT	-16.96	-31.81	21.53	8.14	1.97	1.82	0.00
Long-Term Debt to NOPAT	0.66	1.59	-1.81	-0.77	-0.52	-0.98	0.00
Altman Z-Score	83.32	23.04	8.45	21.33	18.20	-2.87	0.00
Noncontrolling Interest Sharing Ratio	2.04%	2.62%	1.56%	0.00%	127.44%	1,451.15%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-
Current Ratio	5.96	5.55	5.17	4.34	3.74	1.67	0.00
Quick Ratio	5.83	5.41	4.92	4.11	3.59	1.55	0.00
Cash Flow Metrics	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	299	261	-376	-336	-1,312	185	0.00
Operating Cash Flow to CapEx	9,133.01%	4,712.07%	558.97%	2,643.95%	-2,424.06%	0.00%	-575.06%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	-92.23	-92.79	60.47	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	91.72	-20.98	-53.97	-11.34
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	88.25	-21.84	-25.58	-13.31
Efficiency Ratios	-	-	-	-	-	-	-
Asset Turnover	0.53	0.56	0.57	0.52	0.51	0.47	0.00
Accounts Receivable Turnover	6.10	7.14	8.48	8.87	10.54	14.76	0.00
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	65.58	38.06	37.94	50.68	35.75	23.51	0.00
Accounts Payable Turnover	92.60	15.15	6.83	7.44	10.35	4.68	0.00
Days Sales Outstanding (DSO)	59.86	51.11	43.02	41.17	34.61	24.73	0.00
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	3.94	24.09	53.47	49.07	35.25	77.91	0.00
Cash Conversion Cycle (CCC)	55.91	27.02	-10.45	-7.90	-0.63	-53.18	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-
Invested Capital	60	62	213	-50	-98	-589	0.00
Invested Capital Turnover	47.11	16.18	23.42	-20.76	-3.18	-2.52	0.00
Increase / (Decrease) in Invested Capital	-2.36	-151	263	48	490	-589	0.00
Enterprise Value (EV)	167,343	33,948	11,002	34,166	39,404	3,407	0.00
Market Capitalization	172,287	37,362	13,355	36,508	41,025	2,015	2,015
Book Value per Share	$2.20	$1.60	$1.23	$1.14	$0.87	($3.43)	$0.00
Tangible Book Value per Share	$2.20	$1.60	$1.23	$1.14	$0.87	($3.43)	$0.00
Total Capital	5,290	3,736	2,847	2,511	1,950	543	0.00
Total Debt	195	175	204	220	428	396	0.00
Total Long-Term Debt	195	175	204	220	428	396	0.00
Net Debt	-5,035	-3,499	-2,429	-2,341	-1,621	-735	0.00
Capital Expenditures (CapEx)	13	15	40	13	12	-87	6.78
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-292	-282	-180	-358	-395	-646	0.00
Debt-free Net Working Capital (DFNWC)	4,938	3,393	2,454	2,203	1,654	486	0.00
Net Working Capital (NWC)	4,938	3,393	2,454	2,203	1,654	486	0.00
Net Nonoperating Expense (NNE)	-171	-107	258	233	345	176	144
Net Nonoperating Obligations (NNO)	-5,035	-3,499	-2,429	-2,341	-1,621	-735	0.00
Total Depreciation and Amortization (D&A)	32	33	23	15	14	12	14
Debt-free, Cash-free Net Working Capital to Revenue	-10.18%	-12.66%	-9.45%	-23.24%	-36.15%	-86.96%	0.00%
Debt-free Net Working Capital to Revenue	172.34%	152.48%	128.74%	142.89%	151.34%	65.39%	0.00%
Net Working Capital to Revenue	172.34%	152.48%	128.74%	142.89%	151.34%	65.39%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.21	$0.10	($0.18)	($0.27)	($1.19)	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	2.25B	2.15B	2.06B	1.92B	977.72M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.19	$0.09	($0.18)	($0.27)	($1.20)	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	2.45B	2.30B	2.06B	1.92B	979.33M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.35B	2.21B	2.10B	2.03B	1.82B	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	297	110	-113	-288	-822	-404	-436
Normalized NOPAT Margin	10.36%	4.94%	-5.92%	-18.66%	-75.19%	-54.34%	-73.30%
Pre Tax Income Margin	17.07%	10.66%	-18.94%	-31.68%	-107.90%	-76.39%	-95.89%
Debt Service Ratios	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	-133.64	-82.72	-189.25	-168.02
NOPAT to Interest Expense	0.00	0.00	0.00	-79.05	-58.11	-131.82	-126.86
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	-137.11	-83.58	-160.86	-169.99
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	-82.52	-58.97	-103.43	-128.83
Payout Ratios	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	13.72%	0.00%	0.00%	0.00%	0.00%	-1.93%	-1.33%

This table displays calculated financial ratios and metrics derived from Palantir Technologies' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	39.34%	36.03%	29.98%	27.15%	20.78%	19.61%	16.80%	12.75%	17.66%	17.50%	21.86%
EBITDA Growth	136.77%	-52.90%	118.51%	1,157.03%	813.51%	131.28%	142.68%	104.71%	108.74%	125.27%	-24.52%
EBIT Growth	156.59%	-58.17%	143.66%	35,368.16%	320,928.57%	171.18%	133.88%	99.85%	99.98%	118.49%	-26.64%
NOPAT Growth	121.52%	-82.42%	192.82%	985.55%	1,948.16%	480.50%	184.34%	131.98%	113.70%	61.77%	32.36%
Net Income Growth	105.26%	-20.61%	103.35%	386.40%	453.87%	189.39%	159.28%	115.54%	118.89%	121.44%	-21.28%
EPS Growth	100.00%	-25.00%	100.00%	500.00%	300.00%	100.00%	150.00%	111.11%	120.00%	125.00%	-20.00%
Operating Cash Flow Growth	139.44%	52.85%	214.57%	59.87%	-30.85%	282.38%	183.52%	44.47%	428.16%	-15.70%	-53.30%
Free Cash Flow Firm Growth	175.36%	-93.89%	237.74%	-236.38%	127.16%	175.62%	83.54%	81.31%	75.36%	-212.70%	49.61%
Invested Capital Growth	84.57%	-3.80%	35.73%	180.65%	67.81%	-70.90%	68.47%	59.21%	154.57%	523.77%	280.29%
Revenue Q/Q Growth	6.81%	14.06%	6.99%	6.90%	4.27%	8.99%	4.66%	1.55%	3.26%	6.43%	1.03%
EBITDA Q/Q Growth	446.96%	-70.99%	10.66%	34.84%	3.65%	34.59%	536.60%	-2.01%	-75.72%	124.84%	29.74%
EBIT Q/Q Growth	569.77%	-75.43%	11.54%	39.77%	3.38%	43.14%	16,244.19%	-1,171.43%	-100.08%	117.88%	28.33%
NOPAT Q/Q Growth	1,527.00%	-90.19%	5.98%	30.94%	29.10%	63.44%	292.87%	147.06%	123.98%	63.77%	-48.98%
Net Income Q/Q Growth	182.98%	-48.48%	10.16%	27.81%	9.45%	31.96%	163.49%	45.54%	-42.81%	127.03%	30.92%
EPS Q/Q Growth	166.67%	-50.00%	0.00%	50.00%	0.00%	33.33%	200.00%	0.00%	-50.00%	133.33%	33.33%
Operating Cash Flow Q/Q Growth	-32.60%	9.66%	191.13%	11.27%	-56.98%	125.69%	47.95%	-51.87%	137.90%	67.35%	-24.61%
Free Cash Flow Firm Q/Q Growth	205.76%	-71.90%	136.39%	-980.72%	-93.21%	733.06%	11.13%	28.90%	81.10%	-37.75%	-0.96%
Invested Capital Q/Q Growth	383.62%	-74.51%	-33.84%	126.31%	152.06%	-64.03%	36.80%	35.31%	-56.29%	108.22%	29.28%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	80.43%	78.91%	79.79%	81.04%	81.67%	82.14%	80.66%	79.96%	79.50%	79.49%	77.48%
EBITDA Margin	20.31%	3.97%	15.59%	15.07%	11.95%	11.45%	9.27%	1.52%	1.58%	5.92%	-25.38%
Operating Margin	19.92%	1.33%	15.59%	15.53%	12.75%	10.82%	7.16%	1.89%	0.78%	-3.50%	-13.01%
EBIT Margin	19.56%	3.12%	14.48%	13.89%	10.62%	10.14%	7.72%	-0.05%	0.00%	4.47%	-26.63%
Profit (Net Income) Margin	24.63%	9.30%	20.58%	19.99%	16.72%	15.93%	13.16%	5.23%	3.65%	6.58%	-25.92%
Tax Burden Percent	97.49%	95.53%	95.03%	96.31%	95.80%	91.21%	91.83%	92.77%	91.93%	88.48%	100.89%
Interest Burden Percent	129.18%	312.03%	149.62%	149.48%	164.35%	172.19%	185.52%	-11,252.06%	-99,200.00%	166.35%	96.50%
Effective Tax Rate	2.51%	4.47%	4.97%	3.69%	4.20%	8.79%	8.17%	7.23%	8.07%	11.52%	0.00%
Return on Invested Capital (ROIC)	272.02%	60.06%	193.01%	154.63%	228.62%	159.59%	101.78%	34.93%	22.04%	-72.61%	-731.70%
ROIC Less NNEP Spread (ROIC-NNEP)	270.99%	58.50%	191.89%	153.61%	227.72%	158.35%	100.42%	34.22%	21.43%	-74.68%	-728.20%
Return on Net Nonoperating Assets (RNNOA)	-258.14%	-57.68%	-181.97%	-143.34%	-219.20%	-151.33%	-95.54%	-32.91%	-20.89%	72.21%	721.04%
Return on Equity (ROE)	13.88%	2.38%	11.04%	11.29%	9.41%	8.27%	6.24%	2.02%	1.15%	-0.40%	-10.66%
Cash Return on Invested Capital (CROIC)	116.22%	492.03%	139.98%	19.67%	96.17%	189.81%	-26.86%	-90.60%	-214.16%	-176.56%	-293.87%
Operating Return on Assets (OROA)	10.56%	1.65%	7.69%	7.51%	5.84%	5.65%	4.37%	-0.03%	0.00%	2.54%	-14.89%
Return on Assets (ROA)	13.29%	4.90%	10.94%	10.81%	9.19%	8.88%	7.44%	2.94%	2.07%	3.74%	-14.50%
Return on Common Equity (ROCE)	13.61%	2.33%	10.79%	11.03%	9.18%	8.05%	6.15%	1.99%	1.13%	-0.39%	-10.66%
Return on Equity Simple (ROE_SIMPLE)	10.68%	0.00%	10.85%	10.17%	8.06%	0.00%	4.83%	-1.47%	-9.20%	0.00%	-23.50%
Net Operating Profit after Tax (NOPAT)	172	11	108	101	77	60	37	9.35	3.78	-16	-44
NOPAT Margin	19.42%	1.27%	14.82%	14.96%	12.21%	9.87%	6.58%	1.75%	0.72%	-3.10%	-9.11%
Net Nonoperating Expense Percent (NNEP)	1.03%	1.56%	1.12%	1.02%	0.89%	1.24%	1.36%	0.72%	0.61%	2.07%	-3.50%
Return On Investment Capital (ROIC_SIMPLE)	3.00%	0.20%	2.24%	2.33%	1.93%	1.61%	1.06%	0.29%	0.13%	-0.55%	-1.68%
Cost of Revenue to Revenue	19.57%	21.09%	20.21%	18.96%	18.33%	17.86%	19.34%	20.04%	20.50%	20.51%	22.52%
SG&A Expenses to Revenue	18.51%	22.01%	19.12%	20.44%	21.12%	20.92%	22.96%	24.87%	25.94%	29.46%	31.11%
R&D to Revenue	15.26%	20.72%	16.20%	16.04%	17.35%	17.96%	18.94%	18.66%	17.16%	16.13%	21.11%
Operating Expenses to Revenue	60.51%	77.57%	64.19%	65.51%	68.92%	71.33%	73.50%	78.07%	78.72%	83.00%	90.50%
Earnings before Interest and Taxes (EBIT)	173	26	105	94	67	62	43	-0.27	-0.02	23	-127
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	179	33	113	102	76	70	52	8.13	8.30	30	-121
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	36.49	34.43	18.52	13.93	13.26	10.75	10.79	10.99	6.52	5.21	7.03
Price to Tangible Book Value (P/TBV)	36.49	34.43	18.52	13.93	13.26	10.75	10.79	10.99	6.52	5.21	7.03
Price to Revenue (P/Rev)	63.55	60.12	31.48	22.75	21.45	16.79	16.20	15.88	8.95	7.01	9.17
Price to Earnings (P/E)	346.86	372.76	174.81	139.43	167.71	178.06	233.72	0.00	0.00	0.00	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.29%	0.27%	0.57%	0.72%	0.60%	0.56%	0.43%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	668.42	2,805.60	337.82	149.03	297.22	547.53	182.21	235.25	162.41	51.64	141.67
Enterprise Value to Revenue (EV/Rev)	61.90	58.40	29.87	21.26	19.90	15.26	14.78	14.50	7.62	5.77	7.92
Enterprise Value to EBITDA (EV/EBITDA)	450.86	516.54	216.98	173.99	222.40	246.23	306.80	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	484.60	572.35	238.27	195.36	264.85	324.80	451.13	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	493.62	563.60	228.44	191.78	253.72	308.65	947.00	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	144.48	145.03	79.46	74.41	70.98	47.67	64.13	73.49	40.27	49.17	60.81
Enterprise Value to Free Cash Flow (EV/FCFF)	746.08	559.17	277.91	1,117.08	387.32	130.04	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.04	0.04	0.05	0.05	0.04	0.05	0.06	0.06	0.07	0.08	0.09
Long-Term Debt to Equity	0.04	0.04	0.05	0.05	0.04	0.05	0.06	0.06	0.07	0.08	0.09
Financial Leverage	-0.95	-0.99	-0.95	-0.93	-0.96	-0.96	-0.95	-0.96	-0.97	-0.97	-0.99
Leverage Ratio	1.23	1.26	1.27	1.28	1.27	1.29	1.33	1.35	1.36	1.36	1.41
Compound Leverage Factor	1.59	3.92	1.90	1.91	2.09	2.22	2.46	-151.78	-1,344.11	2.26	1.36
Debt to Total Capital	3.50%	3.69%	4.32%	4.92%	4.05%	4.69%	5.33%	6.01%	6.86%	7.18%	7.91%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	3.50%	3.69%	4.32%	4.92%	4.05%	4.69%	5.33%	6.01%	6.86%	7.18%	7.91%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	1.66%	1.72%	1.94%	2.01%	2.14%	2.29%	2.37%	2.47%	2.64%	2.71%	0.00%
Common Equity to Total Capital	94.84%	94.59%	93.74%	93.07%	93.81%	93.02%	92.30%	91.52%	90.50%	90.11%	92.09%
Debt to EBITDA	0.47	0.60	0.57	0.71	0.78	1.27	1.80	-2.75	-0.82	-0.57	-0.40
Net Debt to EBITDA	-12.23	-15.54	-11.96	-12.49	-17.74	-25.38	-30.27	41.16	10.78	6.77	4.50
Long-Term Debt to EBITDA	0.47	0.60	0.57	0.71	0.78	1.27	1.80	-2.75	-0.82	-0.57	-0.40
Debt to NOPAT	0.51	0.66	0.60	0.78	0.89	1.59	5.55	-4.21	-2.51	-1.81	-1.45
Net Debt to NOPAT	-13.39	-16.96	-12.59	-13.77	-20.24	-31.81	-93.44	63.13	32.91	21.53	16.13
Long-Term Debt to NOPAT	0.51	0.66	0.60	0.78	0.89	1.59	5.55	-4.21	-2.51	-1.81	-1.45
Altman Z-Score	97.98	83.19	42.64	32.10	31.60	23.00	21.93	19.96	11.29	8.84	9.56
Noncontrolling Interest Sharing Ratio	1.93%	2.04%	2.23%	2.33%	2.48%	2.62%	1.45%	1.48%	1.54%	1.56%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	6.49	5.96	5.67	5.92	5.91	5.55	5.53	5.22	5.41	5.17	4.28
Quick Ratio	6.36	5.83	5.55	5.77	5.80	5.41	5.39	5.08	5.25	4.92	4.09
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	39	13	46	-126	14	211	-33	-38	-53	-279	-203
Operating Cash Flow to CapEx	5,017.19%	14,820.57%	10,533.80%	5,008.23%	4,864.08%	6,196.95%	8,526.71%	2,292.63%	3,940.61%	1,601.53%	326.03%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-187.27
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	43.50
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	30.16
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.54	0.53	0.53	0.54	0.55	0.56	0.57	0.56	0.57	0.57	0.56
Accounts Receivable Turnover	5.14	6.10	4.82	4.79	6.30	7.14	5.50	6.37	7.77	8.48	7.07
Inventory Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Fixed Asset Turnover	71.96	65.58	58.50	50.81	42.43	38.06	39.37	40.20	37.81	37.94	42.27
Accounts Payable Turnover	32.81	92.60	27.41	12.82	21.90	15.15	12.37	13.89	26.38	6.83	10.16
Days Sales Outstanding (DSO)	71.02	59.86	75.75	76.20	57.94	51.11	66.42	57.26	46.95	43.02	51.62
Days Inventory Outstanding (DIO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	11.13	3.94	13.32	28.46	16.67	24.09	29.50	26.28	13.84	53.47	35.94
Cash Conversion Cycle (CCC)	59.89	55.91	62.43	47.74	41.27	27.02	36.93	30.98	33.11	-10.45	15.68
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	288	60	234	354	156	62	172	126	93	213	102
Invested Capital Turnover	14.01	47.11	13.02	10.34	18.72	16.18	15.47	19.93	30.60	23.42	80.32
Increase / (Decrease) in Invested Capital	132	-2.36	62	228	63	-151	70	47	57	263	159
Enterprise Value (EV)	192,812	167,343	79,044	52,710	46,451	33,948	31,412	29,646	15,126	11,002	14,497
Market Capitalization	197,948	172,287	83,308	56,407	50,070	37,362	34,429	32,476	17,757	13,355	16,782
Book Value per Share	$2.31	$2.20	$2.01	$1.82	$1.71	$1.60	$1.48	$1.40	$1.30	$1.23	$1.16
Tangible Book Value per Share	$2.31	$2.20	$2.01	$1.82	$1.71	$1.60	$1.48	$1.40	$1.30	$1.23	$1.16
Total Capital	5,719	5,290	4,799	4,352	4,024	3,736	3,456	3,229	3,010	2,847	2,592
Total Debt	200	195	207	214	163	175	184	194	206	204	205
Total Long-Term Debt	200	195	207	214	163	175	184	194	206	204	205
Net Debt	-5,231	-5,035	-4,357	-3,784	-3,705	-3,499	-3,100	-2,909	-2,710	-2,429	-2,284
Capital Expenditures (CapEx)	6.18	3.11	3.99	2.88	2.66	4.86	1.57	3.93	4.76	4.92	14
Debt-free, Cash-free Net Working Capital (DFCFNWC)	-116	-292	-156	-32	-182	-282	-163	-212	-262	-180	-231
Debt-free Net Working Capital (DFNWC)	5,315	4,938	4,409	3,967	3,686	3,393	3,120	2,892	2,655	2,454	2,258
Net Working Capital (NWC)	5,315	4,938	4,409	3,967	3,686	3,393	3,120	2,892	2,655	2,454	2,258
Net Nonoperating Expense (NNE)	-46	-66	-42	-34	-29	-37	-37	-19	-15	-49	80
Net Nonoperating Obligations (NNO)	-5,231	-5,035	-4,357	-3,784	-3,705	-3,499	-3,100	-2,909	-2,710	-2,429	-2,284
Total Depreciation and Amortization (D&A)	6.62	7.01	8.09	8.06	8.44	7.97	8.66	8.40	8.32	7.37	5.94
Debt-free, Cash-free Net Working Capital to Revenue	-3.71%	-10.18%	-5.90%	-1.29%	-7.81%	-12.66%	-7.67%	-10.35%	-13.19%	-9.45%	-12.62%
Debt-free Net Working Capital to Revenue	170.63%	172.34%	166.59%	160.01%	157.89%	152.48%	146.83%	141.39%	133.76%	128.74%	123.39%
Net Working Capital to Revenue	170.63%	172.34%	166.59%	160.01%	157.89%	152.48%	146.83%	141.39%	133.76%	128.74%	123.39%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.09	$0.04	$0.06	$0.06	$0.05	$0.05	$0.03	$0.01	$0.01	$0.02	($0.06)
Adjusted Weighted Average Basic Shares Outstanding	2.35B	2.25B	2.25B	2.23B	2.21B	2.15B	2.16B	2.13B	2.11B	2.06B	2.07B
Adjusted Diluted Earnings per Share	$0.08	$0.03	$0.06	$0.06	$0.04	$0.04	$0.03	$0.01	$0.01	$0.02	($0.06)
Adjusted Weighted Average Diluted Shares Outstanding	2.55B	2.45B	2.46B	2.41B	2.40B	2.30B	2.33B	2.28B	2.22B	2.06B	2.07B
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.36B	2.35B	2.28B	2.24B	2.23B	2.21B	2.18B	2.15B	2.12B	2.10B	2.08B
Normalized Net Operating Profit after Tax (NOPAT)	172	11	108	101	77	60	37	9.35	3.78	-16	-44
Normalized NOPAT Margin	19.42%	1.27%	14.82%	14.96%	12.21%	9.87%	6.58%	1.75%	0.72%	-3.10%	-9.11%
Pre Tax Income Margin	25.27%	9.73%	21.66%	20.76%	17.46%	17.46%	14.33%	5.63%	3.97%	7.44%	-25.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-117.59
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-40.23
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-130.94
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-53.58
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	12.63%	13.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About Palantir Technologies' Financials

When does Palantir Technologies's financial year end?

According to the most recent income statement we have on file, Palantir Technologies' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Palantir Technologies' net income changed over the last 6 years?

Palantir Technologies' net income appears to be on a downward trend, with a most recent value of $467.92 million in 2024, falling from -$580.03 million in 2018. The previous period was $217.38 million in 2023. Check out Palantir Technologies' forecast to explore projected trends and price targets.

What is Palantir Technologies's operating income?

Palantir Technologies's total operating income in 2024 was $310.40 million, based on the following breakdown:

Total Gross Profit: $2.30 billion
Total Operating Expenses: $1.99 billion

How has Palantir Technologies revenue changed over the last 6 years?

Over the last 6 years, Palantir Technologies' total revenue changed from $595.41 million in 2018 to $2.87 billion in 2024, a change of 381.3%.

How much debt does Palantir Technologies have?

Palantir Technologies' total liabilities were at $1.25 billion at the end of 2024, a 29.6% increase from 2023, and a 13.9% decrease since 2019.

How much cash does Palantir Technologies have?

In the past 5 years, Palantir Technologies' cash and equivalents has ranged from $831.05 million in 2023 to $2.60 billion in 2022, and is currently $2.10 billion as of their latest financial filing in 2024.

How has Palantir Technologies' book value per share changed over the last 6 years?

Over the last 6 years, Palantir Technologies' book value per share changed from 0.00 in 2018 to 2.20 in 2024, a change of 219.6%.

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This page (NASDAQ:PLTR) was last updated on 5/16/2025 by MarketBeat.com Staff

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