Palantir Technologies Inc
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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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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Consolidated Statements of Operations
(in thousands, except per share amounts)
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $2,865,507 | $2,225,012 | $1,905,871 |
| Cost of revenue | 565,990 | 431,105 | 408,549 |
| Gross profit | 2,299,517 | 1,793,907 | 1,497,322 |
| Operating expenses: | |||
| Sales and marketing | 887,755 | 744,992 | 702,511 |
| Research and development | 507,878 | 404,624 | 359,679 |
| General and administrative | 593,481 | 524,325 | 596,333 |
| Total operating expenses | 1,989,114 | 1,673,941 | 1,658,523 |
| Income (loss) from operations | 310,403 | 119,966 | (161,201) |
| Interest income | 196,792 | 132,572 | 20,309 |
| Other income (expense), net | (18,022) | (15,447) | (220,135) |
| Income (loss) before provision for income taxes | 489,173 | 237,091 | (361,027) |
| Provision for income taxes | 21,255 | 19,716 | 10,067 |
| Net income (loss) | 467,918 | 217,375 | (371,094) |
| Less: Net income attributable to noncontrolling interests | 5,728 | 7,550 | 2,611 |
| Net income (loss) attributable to common stockholders | $462,190 | $209,825 | $(373,705) |
| Net earnings (loss) per share attributable to common stockholders, basic | $0.21 | $0.10 | $(0.18) |
| Net earnings (loss) per share attributable to common stockholders, diluted | $0.19 | $0.09 | $(0.18) |
| Weighted-average shares of common stock outstanding used in computing net earnings (loss) per share attributable to common stockholders, basic | 2,250,163 | 2,147,446 | 2,063,793 |
| Weighted-average shares of common stock outstanding used in computing net earnings (loss) per share attributable to common stockholders, diluted | 2,450,818 | 2,297,927 | 2,063,793 |
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