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Palantir Technologies Inc

For the period ended Dec 31, 2024. Filed Feb 18, 2025.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Feb 18, 2025

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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Contents

Consolidated Balance Sheets

(in thousands, except per share amounts)

As of December 31,
20242023
Assets
Current assets:
Cash and cash equivalents$2,098,524$831,047
Marketable securities3,131,4632,843,132
Accounts receivable, net575,048364,784
Prepaid expenses and other current assets129,25499,655
Total current assets5,934,2894,138,618
Property and equipment, net39,63847,758
Operating lease right-of-use assets200,740182,863
Other assets166,217153,186
Total assets$6,340,884$4,522,425
Liabilities and Equity
Current liabilities:
Accounts payable$103$12,122
Accrued liabilities427,046222,991
Deferred revenue259,624246,901
Customer deposits265,252209,828
Operating lease liabilities43,99354,176
Total current liabilities996,018746,018
Deferred revenue, noncurrent39,88528,047
Customer deposits, noncurrent1,6631,477
Operating lease liabilities, noncurrent195,226175,216
Other noncurrent liabilities13,68510,702
Total liabilities1,246,477961,460
Commitments and Contingencies (Note 8)
Palantir's stockholders’ equity:
Common stock, $0.001 par value: 20,000,000 Class A shares authorized as of December 31, 2024 and 2023; 2,242,389 and 2,096,982 shares issued and outstanding as of December 31, 2024 and 2023, respectively; 2,700,000 Class B shares authorized as of December 31, 2024 and 2023; 95,401 and 102,141 shares issued and outstanding as of December 31, 2024 and 2023, respectively; and 1,005 Class F shares authorized, issued, and outstanding as of December 31, 2024 and 20232,3392,200
Additional paid-in capital10,193,9709,122,173
Accumulated other comprehensive income (loss), net(5,611)801
Accumulated deficit(5,187,423)(5,649,613)
Total Palantir's stockholders’ equity5,003,2753,475,561
Noncontrolling interests91,13285,404
Total equity5,094,4073,560,965
Total liabilities and equity$6,340,884$4,522,425
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.