Palantir Technologies reported a strong fourth quarter in 2024, with significant revenue growth driven by both government and commercial sectors, particularly in the U.S. market.
Palantir reported a 30% year-over-year increase in revenue, reaching $726 million. U.S. revenue grew by 44% year-over-year. The company achieved a GAAP EPS of $0.06 and raised its full-year guidance for revenue, U.S. commercial revenue, and adjusted free cash flow.
Palantir's Q2 2024 earnings showcased strong growth with a 27% year-over-year revenue increase to $678 million. The company achieved a record GAAP EPS of $0.06 and raised its full-year revenue guidance, indicating continued positive momentum.
Palantir's Q1 2024 showed strong performance with a 21% year-over-year revenue increase, reaching $634 million. The company achieved GAAP profitability for the sixth consecutive quarter, with a net income of $106 million and EPS of $0.04. US commercial sector was a key driver, growing 40% year-over-year.
Palantir Technologies Inc. announced financial results for the fourth quarter and fiscal year ended December 31, 2023, with GAAP net income of $93 million and revenue growth of 20% year-over-year to $608 million.
Palantir Technologies Inc. announced financial results for the third quarter ended September 30, 2023, achieving its fourth consecutive quarter of GAAP profitability. Revenue grew 17% year-over-year to $558 million, with GAAP net income of $72 million and GAAP EPS of $0.03.
Palantir Technologies Inc. announced financial results for Q2 2023, reporting GAAP net income of $28 million, marking its third consecutive quarter of GAAP profitability. Revenue grew 13% year-over-year to $533 million, with significant growth in both commercial and government sectors. The company also raised its full-year revenue guidance to in excess of $2.212 billion and expects GAAP net income in each quarter.
Palantir Technologies Inc. announced financial results for the first quarter ended March 31, 2023, marking its second consecutive quarter of positive GAAP net income and first quarter of positive GAAP operating income. Total revenue grew 18% year-over-year to $525 million, with US revenue growing 23% year-over-year to $337 million. GAAP EPS was $0.01 and adjusted EPS was $0.05.