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Mar 31
Palantir Q1 2025 Earnings Report
Palantir posted strong Q1 2025 results with robust revenue growth and increased profitability.
Key Takeaways
Palantir exceeded expectations in Q1 2025 with 39% year-over-year revenue growth, strong profitability, and significant expansion in U.S. commercial operations driven by AI demand.
Revenue grew 39% year-over-year to $883,855,000.
Net income attributable to common stockholders reached $214,031,000.
Adjusted EPS came in at $0.13, while GAAP EPS was $0.08.
U.S. commercial revenue crossed a $1B annual run rate with 71% year-over-year growth.
Palantir
Palantir
Palantir Revenue by Segment
Palantir Revenue by Geographic Location
Forward Guidance
Palantir raised full-year guidance, projecting sustained profitability and robust revenue growth driven by demand for its AI platform.
Positive Outlook
- FY2025 revenue guidance raised to $3.890–$3.902 billion.
- U.S. commercial revenue guidance increased to over $1.178 billion.
- Adjusted income from operations expected to reach $1.711–$1.723 billion.
- Adjusted free cash flow guidance raised to $1.6–$1.8 billion.
- Continued GAAP net income expected each quarter.
Challenges Ahead
- Stock-based compensation remains high at $155,339,000.
- Large reliance on U.S. government and commercial markets.
- Free cash flow includes adjustments related to employer payroll taxes.
- Contracts remain subject to termination provisions.
- High exposure to macroeconomic and geopolitical uncertainties.
Revenue & Expenses
Visualization of income flow from segment revenue to net income