Palantir Technologies (PLTR) Revenue Growth

Price: $42.82
Market Cap: $91.73B
Avg Volume: 59.72M
Country: US
Industry: Software - Infrastructure
Sector: Technology
Beta: 2.72
52W Range: $14.48-44.39
Website: Palantir Technologies

What is Palantir Technologies's Revenue Growth?

  • Palantir Technologies's annual revenue growth as of FY 2023 is 16.75%.
  • Palantir Technologies's quarterly revenue growth as of Q2 2024 is 6.90%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Palantir Technologies's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $2.23B
    • Quarterly: $678.13M
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $431.11M
    • Quarterly: $128.56M
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 5.52%
    • Quarterly Growth: 10.59%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $1.79B
    • Quarterly: $549.57M
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 19.81%
    • Quarterly Growth: 6.08%

These metrics provide insights into Palantir Technologies's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

16.75%

Quarterly Revenue Growth

6.90%

Historical Annual Revenue Growth
Historical Quarterly Revenue Growth
Historical Annual Revenue
Historical Quarterly Revenue
Historical Annual Cost of Revenue
Historical Quarterly Cost of Revenue
Historical Annual Gross Profit
Historical Quarterly Gross Profit

Palantir Technologies Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $2.23B 16.75% $431.11M 5.52% $1.79B 19.81%
2022 $1.91B 23.61% $408.55M 20.37% $1.50B 24.52%
2021 $1.54B 41.11% $339.40M -3.73% $1.20B 62.47%
2020 $1.09B 47.15% $352.55M 45.46% $740.13M 47.97%
2019 $742.55M 24.71% $242.37M 46.54% $500.18M 16.32%
2018 $595.41M 0.00% $165.40M 0.00% $430.01M 0.00%