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PLTR Financial Statements and Analysis

NASDAQ : PLTR

Palantir Technologies Inc.

$101.36
-2.47-2.38%
At Close 4:00 PM
$100.70
-0.66-0.65%
After-Market 05:49 PM
57.85
BESG ScoreESG Rating

PLTR FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

PLTR Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue725.516M678.134M634.338M608.35M558.159M
cost of revenue146.639M128.562M116.256M108.639M107.922M
gross profit578.877M549.572M518.082M499.711M450.237M
gross profit ratio0.7980.810.8170.8210.807
research and development expenses117.555M108.781M110.04M109.283M105.708M
general and administrative expenses138.708M138.643M133.984M127.271M128.173M
selling and marketing expenses209.474M196.809M193.177M197.363M176.373M
selling general and administrative expenses348.182M335.452M327.161M324.634M304.546M
other expenses0-11.173M-13.507M-3.956M3.864M
operating expenses465.737M444.233M437.201M433.917M410.254M
cost and expenses612.376M572.795M553.457M542.556M518.176M
interest income52.12M46.593M43.352M44.545M36.864M
interest expense000136.00K742.00K
depreciation and amortization8.087M8.056M8.438M7.972M8.663M
ebitda121.227M113.395M89.319M73.766M89.374M
ebitda ratio0.1670.1670.1410.1210.16
operating income113.14M105.339M80.881M65.794M39.983M
operating income ratio0.1560.1550.1280.1080.072
total other income expenses net44.01M35.42M29.845M40.453M3.864M
income before tax157.15M140.759M110.726M106.247M79.969M
income before tax ratio0.2170.2080.1750.1750.143
income tax expense7.809M5.189M4.655M9.334M6.53M
net income143.525M134.126M105.53M93.391M71.505M
net income ratio0.1980.1980.1660.1540.128
eps0.0640.060.0480.0430.033
eps diluted0.0580.0560.0440.040.031
weighted average shs out2.25B2.232B2.214B2.187B2.163B
weighted average shs out dil2.46B2.415B2.40B2.358B2.326B
Graph

PLTR Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents768.71M512.659M520.388M831.417M1.04B
short term investments3.796B3.486B3.348B2.843B2.243B
cash and short term investments4.565B3.998B3.868B3.675B3.284B
net receivables668.11M659.339M486.986M364.784M430.269M
inventory00001.00
other current assets119.193M115.712M81.178M99.285M95.554M
total current assets5.352B4.774B4.436B4.139B3.809B
property plant equipment net251.915M256.936M220.613M230.621M240.324M
goodwill00000
intangible assets19.487M0000
goodwill and intangible assets19.487M0000
long term investments019.416M19.277M18.69M18.444M
tax assets00000
other non current assets144.733M142.018M131.125M134.496M125.252M
total non current assets416.135M418.37M371.015M383.807M384.02M
other assets01.001.001.000
total assets5.768B5.192B4.807B4.522B4.193B
account payables27.021M67.345M35.634M12.122M9.475M
short term debt95.274M88.25M-400.773M54.176M52.204M
tax payables31.952M40.429M34.014M47.257M36.479M
deferred revenue236.608M278.441M237.195M246.901M452.493M
other current liabilities552.601M332.454M172.02M432.819M174.753M
total current liabilities943.456M806.919M750.553M746.018M688.925M
long term debt207.278M214.334M163.013M175.216M184.067M
deferred revenue non current015.649M20.722M28.047M37.114M
deferred tax liabilities non current00000
other non current liabilities26.001M17.172M11.619M12.179M11.414M
total non current liabilities233.279M247.155M195.354M215.442M232.595M
other liabilities00000
capital lease obligations254.915M214.334M163.013M175.216M236.271M
total liabilities1.177B1.054B945.907M961.46M921.52M
preferred stock00000
common stock2.27M2.238M2.227M2.20M2.174M
retained earnings-5.266B-5.41B-5.544B-5.65B-5.743B
accumulated other comprehensive income loss4.925M-4.935M-5.72M801.00K-7.205M
other total stockholders equity9.757B9.463B9.323B9.122B8.938B
total stockholders equity4.498B4.051B3.775B3.476B3.19B
total equity4.591B4.138B3.861B3.561B3.272B
total liabilities and stockholders equity5.768B5.192B4.807B4.522B4.193B
minority interest93.219M87.282M85.945M85.404M81.882M
total investments3.796B3.505B3.367B2.862B2.243B
total debt254.915M258.459M217.069M229.392M236.271M
net debt-513.795M-254.20M-303.319M-602.025M-804.039M
Graph

PLTR Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax000-4.806M732.00K
stock based compensation142.425M141.764M125.651M132.608M114.38M
change in working capital82.44M-140.073M-116.62M82.804M-65.66M
accounts receivables-13.388M-176.427M-121.884M53.593M-46.089M
inventory00024.342M-18.965M
accounts payables-45.662M29.563M23.809M555.00K6.67M
other working capital141.49M6.791M-18.545M4.314M-7.276M
other non cash items37.479M305.054M247.182M-10.797M1.889M
net cash provided by operating activities419.772M144.187M129.579M301.172M133.443M
investments in property plant and equipment-3.985M-2.879M-2.664M-4.86M-1.565M
acquisitions net0000194.699M
purchases of investments-1.635B-523.788M-1.26B-844.736M-1.855B
sales maturities of investments1.318B381.789M751.746M280.37M1.66B
other investing activites-316.741M-4.00M-508.581M0-194.699M
net cash used for investing activites-320.726M-148.878M-511.245M-569.226M-196.264M
debt repayment00000
common stock issued-99.87M16.03M83.84M51.409M50.556M
common stock repurchased-18.899M-17.699M-9.00M00
dividends paid00000
other financing activites170.326M-306.00K408.00K-177.00K384.00K
net cash used provided by financing activities151.427M-1.975M75.248M51.232M50.94M
effect of forex changes on cash5.908M-924.00K-4.024M5.043M-258.00K
net change in cash256.381M-7.729M-311.029M-212.025M-12.139M
cash at end of period788.456M512.659M520.388M831.417M1.062B
cash at beginning of period532.075M520.388M831.417M1.043B1.074B
operating cashflow419.772M144.187M129.579M301.172M133.443M
capital expenditure-3.985M-2.879M-2.664M-4.86M-1.565M
free cash flow415.787M141.308M126.915M296.312M131.878M
Graph

Frequently Asked Questions

How did Palantir Technologies Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, PLTR generated $725.52M in revenue last quarter, while its costs came in at $146.64M.

Last quarter, how much Gross Profit did Palantir Technologies Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. Palantir Technologies Inc. reported a $578.88M Gross Profit for the quarter ended Sep 30, 2024.

Have PLTR's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. PLTR incurred $465.74M worth of Operating Expenses, while it generated $113.14M worth of Operating Income.

How much Net Income has PLTR posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from Palantir Technologies Inc., the company generated $143.53M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did Palantir Technologies Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to Palantir Technologies Inc. as of the end of the last quarter was $768.71M.

What are PLTR's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, PLTR had Total Net Receivables of $668.11M.

In terms of Total Assets and Current Assets, where did Palantir Technologies Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of PLTR were $5.35B, while the Total Assets stand at $5.77B.

As of the last quarter, how much Total Debt did Palantir Technologies Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of PLTR's debt was $254.92M at the end of the last quarter.

What were PLTR's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, PLTR reported total liabilities of $1.18B.

How much did PLTR's Working Capital change over the last quarter?

Working Capital Change for PLTR was $82.44M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

PLTR generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. PLTR generated $419.77M of Cash from Operating Activities during its recently reported quarter.

What was PLTR's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. PLTR reported a $256.38M Net Change in Cash in the most recent quarter.

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