Palantir Technologies Past Earnings Performance

Past criteria checks 5/6

Palantir Technologies has been growing earnings at an average annual rate of 52.4%, while the Software industry saw earnings growing at 13.5% annually. Revenues have been growing at an average rate of 23.5% per year. Palantir Technologies's return on equity is 10.6%, and it has net margins of 18%.

Key information

52.4%

Earnings growth rate

64.4%

EPS growth rate

Software Industry Growth	36.3%
Revenue growth rate	23.5%
Return on equity	10.6%
Net Margin	18.0%
Last Earnings Update	30 Sep 2024

Recent past performance updates

No updates

Recent updates

No updates

Revenue & Expenses Breakdown

How Palantir Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BASE:PLTRD Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
30 Sep 24	2,646	477	1,335	446
30 Jun 24	2,479	405	1,292	434
31 Mar 24	2,334	299	1,273	425
31 Dec 23	2,225	210	1,269	405
30 Sep 23	2,125	147	1,285	377
30 Jun 23	2,045	-48	1,312	373
31 Mar 23	1,985	-256	1,319	361
31 Dec 22	1,906	-374	1,299	360
30 Sep 22	1,830	-561	1,279	362
30 Jun 22	1,744	-539	1,250	355
31 Mar 22	1,647	-498	1,246	378
31 Dec 21	1,542	-520	1,226	387
30 Sep 21	1,431	-513	1,274	397
30 Jun 21	1,328	-1,264	1,591	617
31 Mar 21	1,205	-1,236	1,466	593
31 Dec 20	1,093	-1,166	1,353	561
30 Sep 20	1,000	-1,186	1,187	542
30 Jun 20	901	-472	761	304
31 Mar 20	811	-502	741	294
31 Dec 19	743	-588	771	306
31 Dec 18	595	-598	744	285

Quality Earnings: PLTRD has high quality earnings.

Growing Profit Margin: PLTRD's current net profit margins (18%) are higher than last year (6.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PLTRD has become profitable over the past 5 years, growing earnings by 52.4% per year.

Accelerating Growth: PLTRD's earnings growth over the past year (223.5%) exceeds its 5-year average (52.4% per year).

Earnings vs Industry: PLTRD earnings growth over the past year (223.5%) exceeded the Software industry 14.5%.

Return on Equity

High ROE: PLTRD's Return on Equity (10.6%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/24 04:58
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Palantir Technologies Inc. is covered by 33 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Power	Baird
Mariana Perez Mora	BofA Global Research
Janice Quek	CFRA Equity Research