Palantir Technologies Past Earnings Performance
Past criteria checks 3/6
Palantir Technologies has been growing earnings at an average annual rate of 31.4%, while the Software industry saw earnings growing at 20.9% annually. Revenues have been growing at an average rate of 25% per year. Palantir Technologies's return on equity is 6.1%, and it has net margins of 9.4%.
Key information
31.4%
Earnings growth rate
53.6%
EPS growth rate
| Software Industry Growth | 19.9% |
| Revenue growth rate | 25.0% |
| Return on equity | 6.1% |
| Net Margin | 9.4% |
| Next Earnings Update | 06 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Palantir Technologies makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 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: 1PLTRM has high quality earnings.
Growing Profit Margin: 1PLTRM became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 1PLTRM has become profitable over the past 5 years, growing earnings by 31.4% per year.
Accelerating Growth: 1PLTRM has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1PLTRM has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (17.7%).
Return on Equity
High ROE: 1PLTRM's Return on Equity (6.1%) is considered low.