Palantir Technologies (PLTR) Financial Statements

Price: $42.765
Market Cap: $91.62B
Avg Volume: 59.72M
Country: US
Industry: Software - Infrastructure
Sector: Technology
Beta: 2.72
52W Range: $14.48-44.39
Website: Palantir Technologies

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Palantir Technologies.


Income Statement

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Revenue $2.23B $1.91B $1.54B $1.09B $742.55M $595.41M
Cost of Revenue $431.11M $408.55M $339.40M $352.55M $242.37M $165.40M
Gross Profit $1.79B $1.50B $1.20B $740.13M $500.18M $430.01M
Gross Profit Ratio 80.62% 78.56% 77.99% 67.74% 67.36% 72.22%
Research and Development Expenses $404.62M $359.68M $387.49M $560.66M $305.56M $285.45M
General and Administrative Expenses $524.33M $596.33M $611.53M $669.44M $320.94M $306.24M
Selling and Marketing Expenses $744.99M $702.51M $614.51M $683.70M $450.12M $461.76M
Selling General and Administrative Expenses $1.27B $1.30B $1.23B $1.35B $771.06M $768.00M
Other Expenses $-11.98M $-216.08M $-75.42M $3.30M $-2.85M $-2.64M
Operating Expenses $1.67B $1.66B $1.61B $1.91B $1.08B $1.05B
Cost and Expenses $2.11B $2.07B $1.95B $2.27B $1.32B $1.22B
Interest Income $132.57M $20.31M $1.61M $4.68M $15.09M $10.50M
Interest Expense $3.47M $4.06M $3.64M $14.14M $3.06M $3.44M
Depreciation and Amortization $33.35M $22.52M $14.90M $13.87M $12.20M $13.80M
EBITDA $153.32M $-138.68M $-396.15M $-1.16B $-564.19M $-609.53M
EBITDA Ratio 6.89% -7.28% -25.69% -106.14% -75.98% -102.37%
Operating Income $119.97M $-161.20M $-411.05M $-1.17B $-576.44M $-623.44M
Operating Income Ratio 5.39% -8.46% -26.66% -107.41% -77.63% -104.71%
Total Other Income Expenses Net $117.12M $-216.08M $-75.42M $4.11M $-2.86M $45.45M
Income Before Tax $237.09M $-361.03M $-488.49M $-1.18B $-567.27M $-570.92M
Income Before Tax Ratio 10.66% -18.94% -31.68% -107.90% -76.39% -95.89%
Income Tax Expense $19.72M $10.07M $31.89M $-12.64M $12.38M $9.10M
Net Income $209.82M $-373.70M $-520.38M $-1.17B $-579.65M $-580.03M
Net Income Ratio 9.43% -19.61% -33.75% -106.75% -78.06% -97.42%
EPS $0.10 $-0.18 $-0.27 $-0.65 $-0.34 $-0.81
EPS Diluted $0.09 $-0.18 $-0.27 $-0.65 $-0.34 $-0.81
Weighted Average Shares Outstanding 2.15B 2.06B 1.92B 1.79B 1.73B 713.88M
Weighted Average Shares Outstanding Diluted 2.30B 2.06B 1.92B 1.79B 1.73B 716.03M
SEC Filing Source Source Source Source Source Source

Balance Sheet

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Cash and Cash Equivalents $831.42M $2.60B $2.29B $2.01B $1.08B $1.12B
Short Term Investments $2.84B $35.13M $234.15M $- $- $-
Cash and Short Term Investments $3.67B $2.63B $2.52B $2.01B $1.08B $1.12B
Net Receivables $364.78M $258.35M $190.92M $156.93M $50.31M $19.19M
Inventory $- $16.24M $36.63M $37.28M $52.10M $10.48M
Other Current Assets $99.28M $133.31M $110.87M $51.89M $32.59M $74.06M
Total Current Assets $4.14B $3.04B $2.86B $2.26B $1.21B $1.22B
Property Plant Equipment Net $230.62M $269.41M $248.20M $246.62M $31.59M $30.03M
Goodwill $- $- $- $- $- $-
Intangible Assets $- $- $- $- $- $-
Goodwill and Intangible Assets $- $- $- $- $- $-
Long Term Investments $18.69M $12.55M $39.61M $79.54M $26.14M $17.50M
Tax Assets $- $- $- $- $- $-
Other Non-Current Assets $134.50M $137.70M $96.39M $106.92M $322.14M $163.35M
Total Non-Current Assets $383.81M $419.66M $384.20M $433.07M $379.87M $210.89M
Other Assets $-0.00B $- $- $- $- $-
Total Assets $4.52B $3.46B $3.25B $2.69B $1.59B $1.43B
Account Payables $12.12M $44.79M $74.91M $16.36M $51.73M $27.40M
Short Term Debt $54.18M $45.10M $39.93M $29.08M $- $-
Tax Payables $47.26M $41.33M $22.55M $- $- $-
Deferred Revenue $246.90M $325.34M $389.42M $399.84M $550.24M $380.76M
Other Current Liabilities $432.82M $172.72M $155.81M $158.55M $126.62M $-
Total Current Liabilities $746.02M $587.94M $660.06M $603.82M $728.60M $531.90M
Long Term Debt $175.22M $204.31M $220.15M $427.78M $396.06M $-
Deferred Revenue Non-Current $28.05M $13.90M $73.92M $132.04M $244.57M $276.35M
Deferred Tax Liabilities Non-Current $- $- $- $- $2.20B $-
Other Non-Current Liabilities $12.18M $12.65M $2.30M $4.32M $892.00K $477.00K
Total Non-Current Liabilities $215.44M $230.86M $296.36M $564.13M $2.85B $2.65B
Other Liabilities $- $- $- $- $- $-
Total Liabilities $961.46M $818.80M $956.42M $1.17B $3.57B $3.18B
Preferred Stock $- $- $- $2.69B $2.13B $2.26B
Common Stock $2.20M $2.10M $2.03M $1.79M $588.00K $570.00K
Retained Earnings $-5.65B $-5.86B $-5.49B $-4.97B $-3.80B $-3.23B
Accumulated Other Comprehensive Income Loss $801.00K $-5.33M $-2.35M $-2.75M $-703.00K $762.00K
Other Total Stockholders Equity $9.12B $8.43B $7.78B $3.80B $-308.80M $-
Total Stockholders Equity $3.48B $2.57B $2.29B $1.52B $-1.98B $-1.75B
Total Equity $3.56B $2.64B $2.29B $1.52B $-1.98B $-
Total Liabilities and Stockholders Equity $4.52B $3.46B $3.25B $2.69B $1.59B $1.43B
Minority Interest $85.40M $77.11M $- $- $- $-
Total Liabilities and Total Equity $4.52B $3.46B $3.25B $2.69B $1.59B $1.43B
Total Investments $2.86B $35.13M $234.15M $79.54M $26.14M $-
Total Debt $229.39M $249.40M $260.07M $456.86M $396.06M $-
Net Debt $-602.02M $-2.35B $-2.03B $-1.55B $-683.09M $-

Cash Flow Statement

Breakdown December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018
Net Income $209.82M $-371.09M $-520.38M $-1.17B $-579.65M $-580.03M
Depreciation and Amortization $33.35M $22.52M $14.90M $13.87M $12.26M $13.91M
Deferred Income Tax $-4.81M $-174.00K $43.32M $-137.00K $23.63M $-24.39M
Stock Based Compensation $475.90M $564.80M $778.22M $1.27B $241.97M $248.50M
Change in Working Capital $6.24M $-267.10M $-92.05M $-454.12M $134.03M $302.57M
Accounts Receivables $-106.16M $-77.52M $-35.24M $-108.48M $-23.91M $-10.48M
Inventory $- $- $-34.37M $-49.18M $-6.91M $3.64M
Accounts Payables $-31.83M $-29.86M $57.77M $-34.68M $23.42M $10.97M
Other Working Capital $144.23M $-159.72M $-80.21M $-261.78M $141.42M $298.45M
Other Non Cash Items $-8.33M $274.79M $109.85M $39.47M $2.54M $420.00K
Net Cash Provided by Operating Activities $712.18M $223.74M $333.85M $-296.61M $-165.22M $-39.01M
Investments in Property Plant and Equipment $-15.11M $-40.03M $-12.63M $-12.24M $-13.10M $-13.00M
Acquisitions Net $2.70B $66.71M $-851.00K $-2.93M $-8.87M $8.62M
Purchases of Investments $-5.64B $-124.50M $-382.26M $-2.93M $-25.87M $-
Sales Maturities of Investments $2.94B $52.32M $851.00K $2.93M $17.00M $-
Other Investing Activities $-2.70B $73.00K $-3.02M $250.00K $8.87M $6.22M
Net Cash Used for Investing Activities $-2.71B $-45.43M $-397.91M $-14.92M $-21.96M $-6.78M
Debt Repayment $- $- $-200.00M $-400.00M $-150.00M $-56.49M
Common Stock Issued $218.24M $86.09M $- $1.24B $124.40M $109.15M
Common Stock Repurchased $- $- $- $-3.78M $-11.20M $-7.71M
Dividends Paid $- $- $- $- $- $-
Other Financing Activities $601.00K $-93.00K $506.75M $1.04B $398.14M $110.35M
Net Cash Used Provided by Financing Activities $218.84M $86.00M $306.75M $1.04B $324.53M $46.15M
Effect of Forex Changes on Cash $2.93M $-3.88M $-3.92M $1.26M $-2.23M $-3.70M
Net Change in Cash $-1.78B $260.42M $238.77M $726.18M $135.13M $-3.35M
Cash at End of Period $831.42M $2.63B $2.37B $2.13B $1.40B $1.27B
Cash at Beginning of Period $2.61B $2.37B $2.13B $1.40B $1.27B $1.27B
Operating Cash Flow $712.18M $223.74M $333.85M $-296.61M $-165.22M $-39.01M
Capital Expenditure $-15.11M $-40.03M $-12.63M $-12.24M $-13.10M $-13.00M
Free Cash Flow $697.07M $183.71M $321.22M $-308.84M $-178.31M $-52.02M