Palantir Technologies Past Earnings Performance
Past criteria checks 3/6
Palantir Technologies has been growing earnings at an average annual rate of 45.8%, while the Software industry saw earnings growing at 13.3% annually. Revenues have been growing at an average rate of 20.1% per year. Palantir Technologies's return on equity is 7.9%, and it has net margins of 12.8%.
Key information
45.8%
Earnings growth rate
63.1%
EPS growth rate
| Software Industry Growth | 17.3% |
| Revenue growth rate | 20.1% |
| Return on equity | 7.9% |
| Net Margin | 12.8% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Palantir Stock Is Not Worth The Risk Anymore (Downgrade)
Jul 02Palantir: What Is Priced In, And What Is Not
Jun 23Palantir: Why I'm Buying More Shares
Jun 17Palantir Is Positioned For Continued Growth
Jun 10Palantir: Insider Sales And High Valuations Vs Strong Operational Performance
Jun 04Here's Why We Think Palantir Technologies Inc.'s (NYSE:PLTR) CEO Compensation Looks Fair
May 30
Palantir Technologies: The Market Is Too Optimistic
May 23Palantir: Not As Expensive As It Looks
May 16Palantir Technologies: It's A Mistake To Buy The Plunge Lower
May 07Palantir: Still Tons Of Upside
May 01Returns At Palantir Technologies (NYSE:PLTR) Are On The Way Up
Apr 15Palantir's Path To $100
Apr 09Palantir: Solid Fundamentals But Too Much Hype
Apr 03Palantir: AI Tailwinds May Not Outweigh Fundamentals
Mar 18Palantir: Why Doing Things Their Way Is Paying Off?
Mar 09The Market Is Expecting A Lot, But Palantir May Exceed Those Expectations
Mar 01Palantir: I Believe Healthcare Is The Key For S&P 500 Inclusion
Feb 19Palantir Q4: Fulfilling Promises But I Am Downgrading The Stock
Feb 12Palantir Stock Pops On Unwarranted Optimism, Avoid
Feb 05Palantir: Still Misunderstood - Disproving Bear Arguments
Jan 29Palantir Technologies Inc.'s (NYSE:PLTR) Share Price Matching Investor Opinion
Jan 26Palantir Stock: This Dip Is A Gift
Jan 15Palantir: AI Overhype Warning
Jan 08Is There An Opportunity With Palantir Technologies Inc.'s (NYSE:PLTR) 35% Undervaluation?
Jan 05Palantir: Not A Clear Alpha Play Anymore
Dec 26Palantir Has The AI Edge
Dec 17Palantir: Insider Selling And My Acid Test
Dec 08Why It Is Difficult To Justify Palantir's Stock Price
Nov 28The Return Trends At Palantir Technologies (NYSE:PLTR) Look Promising
Nov 24Palantir's NHS Deal Is All About The Optics
Nov 21Palantir Stock: The Retail Army Is Winning, But Is It Too Late To Join The Party?
Nov 15Palantir: Robust Profitability And AIP Growth, Maintain 'Hold'
Nov 08Why Is Palantir Up 12% Post Q3'2023 Earnings? Our Price Target And Analysis
Nov 02Palantir: Tesla Moment Imminent Ahead Of Q3
Oct 20Palantir: An AI Bargain In Plain Sight
Oct 12Are Investors Undervaluing Palantir Technologies Inc. (NYSE:PLTR) By 21%?
Oct 06Palantir: The $250 Million Deal Is A Positive, But Not For Near-Term Profits
Oct 03Palantir: Profitability Poised To Explode
Sep 20Palantir: Leading The Game
Sep 13Palantir Is A HOLD: A Peter Lynch Evaluation Of Its AI Potential
Sep 06Palantir: AI Potential Is More Appealing At Lower Prices (Rating Upgrade)
Aug 31Palantir: AI Is Eating The World
Aug 24Why $19 Seems Like An Unbreachable Wall For Palantir
Aug 18Palantir: 3 Reasons Why The Market Handed A Harsh Dose Of Reality
Aug 10Palantir Stock: 3 Reasons To Sell Before Earnings
Aug 04Palantir: Time To Double Down
Jul 29Palantir: Growth And Profitability Achieved, Wait For The Right Price
Jul 18Will AIP Drive Enough Demand Growth To Justify Palantir's Valuation?
Jul 12Palantir: A Reality Check Amid The Hype
Jul 06Are Investors Undervaluing Palantir Technologies Inc. (NYSE:PLTR) By 48%?
Jun 29Palantir Has A Head Start In The AI Race, Buy On Recent Strength (Rating Upgrade)
Jun 27Palantir: Following Stan Druckenmiller
Jun 18Palantir Technologies: Sell The AI Rip
Jun 12Palantir And AI: A Match Made In Heaven
Jun 05Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
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 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: PLTR has high quality earnings.
Growing Profit Margin: PLTR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PLTR has become profitable over the past 5 years, growing earnings by 45.8% per year.
Accelerating Growth: PLTR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PLTR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (23.1%).
Return on Equity
High ROE: PLTR's Return on Equity (7.9%) is considered low.