Palantir Technologies's Income Statement Analysis: Revenue to Profit Breakdown
Palantir Technologies's Income Statement Analysis: Revenue to Profit Breakdown
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FY21
Dec 31, 2021
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FY22
Dec 31, 2022
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FY23
Dec 31, 2023
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FY24
Dec 31, 2024
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FY25
Dec 31, 2025
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TTM
Trailing 12M
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Revenue
Total sales generated. |
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$1.54 B | $1.91 B | $2.23 B | $2.87 B | $4.48 B | $5.22 B |
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Cost of Revenue Direct cost of goods/services. |
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$339.40 M | $408.55 M | $431.11 M | $565.99 M | $789.18 M | $832.01 M |
Gross Profit Revenue minus cost of revenue. |
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$1.20 B | $1.50 B | $1.79 B | $2.30 B | $3.69 B | $4.39 B |
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Operating Expense
Costs to run business. |
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$1.61 B | $1.66 B | $1.67 B | $1.99 B | $2.27 B | $2.40 B |
Research and Development Investment in innovation. |
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$387.49 M | $359.68 M | $404.62 M | $507.88 M | $557.68 M | $583.77 M |
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Sales, General and Administrative
Selling and admin costs. |
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$1.23 B | $1.30 B | $1.27 B | $1.48 B | $1.71 B | $1.82 B |
General and Administrative Corporate overhead costs. |
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$611.53 M | $596.33 M | $524.33 M | $593.48 M | $657.72 M | $676.67 M |
Sales and Marketing Customer acquisition costs. |
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$614.51 M | $702.51 M | $744.99 M | $887.76 M | $1.06 B | $1.14 B |
Other Expenses Other operating costs. |
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- | - | - | - | - | - |
Operating Income Profit from operations. |
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-$411.05 M | -$161.20 M | $119.97 M | $310.40 M | $1.41 B | $1.99 B |
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Net Interest Income
Interest income minus expense. |
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-$2.03 M | $16.25 M | $129.10 M | $196.79 M | $229.18 M | $245.13 M |
Interest Income Income from investments. |
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$1.61 M | $20.31 M | $132.57 M | $196.79 M | $229.18 M | $245.13 M |
Interest Expense Cost of borrowing. |
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$3.64 M | $4.06 M | $3.47 M | - | - | - |
Non-Operating Income (ex-Int) Income outside core operations. |
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$73.81 M | - | - | - | - | - |
Total Other Income (Net) Net non-operating items. |
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-$77.45 M | -$199.83 M | $117.13 M | $178.77 M | $243.35 M | $330.69 M |
Income Before Tax Profit before taxes. |
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-$488.49 M | -$361.03 M | $237.09 M | $489.17 M | $1.66 B | $2.32 B |
Income Tax Expense Taxes on income. |
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$31.89 M | $10.07 M | $19.72 M | $21.26 M | $22.72 M | $32.26 M |
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Net Income
Final profit. |
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-$520.38 M | -$373.71 M | $209.83 M | $462.19 M | $1.63 B | $2.28 B |
Net Income From Continuing Operations Profit from core business. |
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-$520.38 M | -$371.09 M | $217.38 M | $467.92 M | $1.63 B | $2.29 B |
Net Income From Discontinued Operations Profit/loss from sold units. |
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- | - | - | - | - | - |
Other Adjustments to Net Income Additional accounting adjustments. |
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- | - | - | - | - | - |
Net Income Deductions Reductions from net income. |
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- | - | - | - | - | - |
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Earnings Per Share
Company profit allocated to each outstanding share. |
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EPS Earnings per share. Formula: Net Income ÷ Shares |
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-$0.27 | -$0.18 | $0.10 | $0.21 | $0.69 | $0.96 |
Diluted EPS EPS including dilution. Formula: Net Income ÷ Diluted Shares |
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-$0.27 | -$0.18 | $0.09 | $0.19 | $0.63 | $0.90 |
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Shares for EPS
Number of shares used to calculate EPS. |
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Weighted Average Shares Outst. Avg shares used for EPS. |
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1.92 B | 2.06 B | 2.15 B | 2.25 B | 2.37 B | 2.39 B |
Diluted Average Shares Outst. Shares including dilution. |
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1.92 B | 2.06 B | 2.30 B | 2.45 B | 2.57 B | 2.57 B |
| Supplemental Items | |||||||
EBIT Earnings before interest and tax. |
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-$484.85 M | -$161.20 M | $119.97 M | $310.40 M | $1.41 B | $1.99 B |
EBITDA Earnings before interest, tax, D&A. |
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-$469.96 M | -$138.68 M | $153.32 M | $341.99 M | $1.44 B | $2.01 B |
Depreciation and Amortization Non-cash expense for assets. |
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$14.90 M | $22.52 M | $33.35 M | $31.59 M | $26.15 M | $19.52 M |
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Palantir Technologies's Assets vs Liabilities & Equity
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