Palantir Technologies Inc
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
PLTR$169.20+5.5%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Revenue | $2,225,012 | $1,905,871 | $1,541,889 |
| Cost of revenue | 431,105 | 408,549 | 339,404 |
| Gross profit | 1,793,907 | 1,497,322 | 1,202,485 |
| Operating expenses: | |||
| Sales and marketing | 744,992 | 702,511 | 614,512 |
| Research and development | 404,624 | 359,679 | 387,487 |
| General and administrative | 524,325 | 596,333 | 611,532 |
| Total operating expenses | 1,673,941 | 1,658,523 | 1,613,531 |
| Income (loss) from operations | 119,966 | (161,201) | (411,046) |
| Interest income | 132,572 | 20,309 | 1,607 |
| Interest expense | (3,470) | (4,058) | (3,640) |
| Other income (expense), net | (11,977) | (216,077) | (75,415) |
| Income (loss) before provision for income taxes | 237,091 | (361,027) | (488,494) |
| Provision for income taxes | 19,716 | 10,067 | 31,885 |
| Net income (loss) | 217,375 | (371,094) | (520,379) |
| Less: Net income attributable to noncontrolling interests | 7,550 | 2,611 | — |
| Net income (loss) attributable to common stockholders | $209,825 | $(373,705) | $(520,379) |
| Net earnings (loss) per share attributable to common stockholders, basic | $0.10 | $(0.18) | $(0.27) |
| Net earnings (loss) per share attributable to common stockholders, diluted | $0.09 | $(0.18) | $(0.27) |
| Weighted-average shares of common stock outstanding used in computing net earnings (loss) per share attributable to common stockholders, basic | 2,147,446 | 2,063,793 | 1,923,617 |
| Weighted-average shares of common stock outstanding used in computing net earnings (loss) per share attributable to common stockholders, diluted | 2,297,927 | 2,063,793 | 1,923,617 |
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