Palantir Technologies Inc

For the period ended Mar 31, 2025. Filed May 6, 2025.

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, 2025 · Filed May 6, 2025

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

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Contents

Condensed Consolidated Statements of Operations

(in thousands, except per share amounts)

	Three Months Ended March 31,
	2025	2024
Revenue	$883,855	$634,338
Cost of revenue	172,970	116,256
Gross profit	710,885	518,082
Operating expenses:
Sales and marketing	236,309	193,177
Research and development	134,889	110,040
General and administrative	163,639	133,984
Total operating expenses	534,837	437,201
Income from operations	176,048	80,881
Interest income	50,441	43,352
Other income (expense), net	(3,173)	(13,507)
Income before provision for income taxes	223,316	110,726
Provision for income taxes	5,599	4,655
Net income	217,717	106,071
Less: Net income attributable to noncontrolling interests	3,686	541
Net income attributable to common stockholders	$214,031	$105,530
Net earnings per share attributable to common stockholders, basic	$0.09	$0.05
Net earnings per share attributable to common stockholders, diluted	$0.08	$0.04
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, basic	2,348,679	2,213,545
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, diluted	2,552,818	2,400,107

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.