Palantir Q4 2024 Earnings Report

Key Takeaways

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.

Total Revenue

$828M

Previous year: $608M

+36.0%

EPS

$0.14

Previous year: $0.08

+75.0%

Gross Profit

$653M

Previous year: $500M

+30.7%

Cash and Equivalents

$5.23B

Previous year: $3.67B

+42.3%

Free Cash Flow

$457M

Previous year: $296M

+54.3%

Total Assets

$6.34B

Previous year: $4.52B

+40.2%

Palantir Revenue

Palantir EPS

Palantir Revenue by Segment

Palantir Revenue by Geographic Location

Forward Guidance

Palantir projects continued strong growth into 2025, with expectations of significant revenue increases driven by its AI platform and expanding customer base.

Positive Outlook

Anticipated 31% year-over-year revenue growth for FY 2025.
Projected 54% growth in U.S. commercial revenue.
Expected adjusted free cash flow of $1.6 billion.
Continued focus on AI and data analytics to drive future growth.
Strong performance in both government and commercial sectors.

Challenges Ahead

Concerns about the sustainability of rapid growth rates.
Potential challenges in maintaining high valuation multiples.
Dependence on government contracts may pose risks.
Competitive pressures in the AI and data analytics markets.
Uncertainty regarding the impact of macroeconomic factors.

Revenue & Expenses

Visualization of income flow from segment revenue to net income