Palantir Technologies Inc
For the period ended Dec 31, 2024. Filed Feb 18, 2025.
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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$168.82-0.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 8. Consolidated Statements of Cash Flows
Consolidated Statements of Cash Flows
| Years Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Operating activities | |||
| Net income (loss) | $467,918 | $217,375 | $(371,094) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | |||
| Depreciation and amortization | 31,587 | 33,354 | 22,522 |
| Stock-based compensation | 691,638 | 475,903 | 564,798 |
| Noncash operating lease expense | 41,239 | 47,019 | 40,309 |
| Unrealized and realized (gain) loss from marketable securities, net | 19,306 | 13,160 | 272,108 |
| Noncash consideration | (52,521) | (46,609) | (15,537) |
| Other operating activities | 24,795 | (34,255) | (28,152) |
| Changes in operating assets and liabilities, net of effect of acquisitions: | |||
| Accounts receivable, net | (211,157) | (106,159) | (72,819) |
| Prepaid expenses and other current assets | 7,202 | (6,197) | (24,811) |
| Other assets | 4,681 | 3,242 | 6,033 |
| Accounts payable | (18,841) | (31,832) | (29,859) |
| Accrued liabilities | 115,634 | 52,895 | 5,527 |
| Deferred revenue, current and noncurrent | 22,356 | 79,512 | (61,154) |
| Customer deposits, current and noncurrent | 54,440 | 64,347 | (49,471) |
| Operating lease liabilities, current and noncurrent | (48,966) | (49,630) | (34,590) |
| Other noncurrent liabilities | 4,554 | 58 | (73) |
| Net cash provided by operating activities | 1,153,865 | 712,183 | 223,737 |
| Investing activities | |||
| Purchases of property and equipment | (12,634) | (15,114) | (40,027) |
| Purchases of marketable securities | (5,395,913) | (5,636,406) | (124,500) |
| Proceeds from sales and redemption of marketable securities | 5,073,507 | 2,889,268 | 52,319 |
| Other investing activities | (5,615) | 51,072 | 66,781 |
| Net cash used in investing activities | (340,655) | (2,711,180) | (45,427) |
| Financing activities | |||
| Proceeds from the exercise of common stock options | 745,396 | 218,238 | 86,089 |
| Repurchases of common stock | (64,196) | — | — |
| Taxes paid related to net share settlement of equity awards | (218,280) | — | — |
| Other financing activities | 444 | 601 | (93) |
| Net cash provided by financing activities | 463,364 | 218,839 | 85,996 |
| Effect of foreign exchange on cash, cash equivalents, and restricted cash | (6,745) | 2,930 | (3,885) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 1,269,829 | (1,777,228) | 260,421 |
| Cash, cash equivalents, and restricted cash - beginning of period | 850,107 | 2,627,335 | 2,366,914 |
| Cash, cash equivalents, and restricted cash - end of period | $2,119,936 | $850,107 | $2,627,335 |
| Supplemental disclosures of cash flow information | |||
| Cash paid for income taxes | $16,179 | $13,515 | $2,904 |
| Noncash investing and financing activities | |||
| Accrued taxes related to net share settlement of equity awards | $84,207 | $— | $— |
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