Palantir Technologies Inc

For the period ended Mar 31, 2024. Filed May 7, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2024 · Filed May 7, 2024

PLTR$168.82-0.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share amounts)

	Three Months Ended March 31,
	2024	2023
Revenue	$634,338	$525,186
Cost of revenue	116,256	107,645
Gross profit	518,082	417,541
Operating expenses:
Sales and marketing	193,177	187,093
Research and development	110,040	90,100
General and administrative	133,984	136,233
Total operating expenses	437,201	413,426
Income from operations	80,881	4,115
Interest income	43,352	20,853
Other income (expense), net	(13,507)	(4,136)
Income before provision for income taxes	110,726	20,832
Provision for income taxes	4,655	1,681
Net income	106,071	19,151
Less: Net income attributable to noncontrolling interests	541	2,349
Net income attributable to common stockholders	$105,530	$16,802
Net earnings per share attributable to common stockholders, basic	$0.05	$0.01
Net earnings per share attributable to common stockholders, diluted	$0.04	$0.01
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, basic	2,213,545	2,107,780
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, diluted	2,400,107	2,217,439

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.