Palantir Technologies Inc.

Annual Trend FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Revenue $595.4m
$742.6m +24.71%
$1.1b +47.15%
$1.5b +41.11%
$1.9b +23.61%
$2.2b +16.75%
$2.9b +28.79%
$4.5b +56.18%
$6.2b +37.55%
Cost of revenue $165.4m
$242.4m +46.54%
$352.5m +45.46%
$339.4m -3.73%
$408.5m +20.37%
$431.1m +5.52%
$566.0m +31.29%
$789.2m +39.43%
$935.9m +18.60%
Gross profit $430.0m
$500.2m +16.32%
$740.1m +47.97%
$1.2b +62.47%
$1.5b +24.52%
$1.8b +19.81%
$2.3b +28.18%
$3.7b +60.31%
$5.2b +41.61%
Research and development $285.5m $305.6m $560.7m $387.5m $359.7m $404.6m $507.9m $557.7m $641.2m
Sales and marketing $461.8m $450.1m $683.7m $614.5m $702.5m $745.0m $887.8m $1.1b
General and administrative $306.2m $320.9m $669.4m $611.5m $596.3m $524.3m $593.5m $657.7m $708.6m
Total operating expenses $1.1b $1.1b $1.9b $1.6b $1.7b $1.7b $2.0b $2.3b $2.6b
Income from operations ($623.4m)
($576.4m) +7.54%
($1.2b) -103.61%
($411.0m) +64.98%
($161.2m) +60.78%
$120.0m +174.42%
$310.4m +158.74%
$1.4b +355.54%
$2.6b +86.32%
Interest income $10.5m $15.1m $4.7m $1.6m $20.3m $132.6m $196.8m ($229.2m) $266.4m
Other income (expense), net ($2.6m) ($2.9m) $3.3m ($75.4m) ($216.1m) ($12.0m) ($18.0m) $14.2m $170.8m
Income before provision for income taxes ($570.9m) ($567.3m) ($1.2b) ($488.5m) ($361.0m) $237.1m $489.2m $1.7b
Provision for income taxes $9.1m $12.4m ($12.6m) $31.9m $10.1m $19.7m $21.3m $22.7m
Net income ($580.0m)
($579.6m) +0.07%
($1.2b) -101.22%
($520.4m) +55.39%
($371.1m) +28.69%
$217.4m +158.58%
$467.9m +115.26%
$1.6b +249.34%
$3.0b +84.55%
Net income attributable to common stockholders ($580.0m)
($579.6m) +0.07%
($1.2b) -101.22%
($520.4m) +55.39%
($373.7m) +28.19%
$209.8m +156.15%
$462.2m +120.27%
$1.6b +251.59%
$3.0b +85.64%
Less: Net income attributable to noncontrolling interests $0 $0 $2.6m $7.5m $5.7m $9.6m
Earnings per share attributable to common stockholders, basic ($1) ($1) ($1) ($0) ($0) $0 $0 $1
Earnings per share attributable to common stockholders, diluted ($1) ($1) ($1) ($0) ($0) $0 $0 $1
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, basic (1) (1) (1) (0) (0) 0 0 1 2.4b
Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, diluted (1) (1) (1) (0) (0) 0 0 1 2.4b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.