← Palantir Technologies Inc.
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $595.4m | $742.6m | $1.1b | $1.5b | $1.9b | $2.2b | $2.9b | $4.5b | |
| Cost of revenue | $165.4m | $242.4m | $352.5m | $339.4m | $408.5m | $431.1m | $566.0m | $789.2m | |
| Gross profit | $430.0m | $500.2m | $740.1m | $1.2b | $1.5b | $1.8b | $2.3b | $3.7b | |
| Research and development | $285.5m | $305.6m | $560.7m | $387.5m | $359.7m | $404.6m | $507.9m | $557.7m | |
| Total operating expenses | $1.1b | $1.1b | $1.9b | $1.6b | $1.7b | $1.7b | $2.0b | $2.3b | |
| Income from operations | ($623.4m) | ($576.4m) | ($1.2b) | ($411.0m) | ($161.2m) | $120.0m | $310.4m | $1.4b | |
| Sales and marketing | $461.8m | $450.1m | $683.7m | $614.5m | $702.5m | $745.0m | $887.8m | $1.1b | |
| General and administrative | $306.2m | $320.9m | $669.4m | $611.5m | $596.3m | $524.3m | $593.5m | $657.7m | |
| Interest income | $10.5m | $15.1m | $4.7m | $1.6m | $20.3m | $132.6m | $196.8m | ($229.2m) | |
| Provision for income taxes | $9.1m | $12.4m | ($12.6m) | $31.9m | $10.1m | $19.7m | $21.3m | $22.7m | |
| Income before provision for income taxes | ($570.9m) | ($567.3m) | ($1.2b) | ($488.5m) | ($361.0m) | $237.1m | $489.2m | $1.7b | |
| Net income | — | — | ($1.2b) | ($520.4m) | ($371.1m) | $217.4m | $467.9m | $1.6b | |
| Net income attributable to common stockholders | ($580.0m) | ($579.6m) | ($1.2b) | ($520.4m) | ($373.7m) | $209.8m | $462.2m | $1.6b | |
| Less: Net income attributable to noncontrolling interests | — | — | $0 | $0 | $2.6m | $7.5m | $5.7m | $9.6m | |
| Earnings per share attributable to common stockholders, basic | ($1) | ($1) | ($1) | ($0) | ($0) | $0 | $0 | $1 | |
| Earnings per share attributable to common stockholders, diluted | ($1) | ($1) | ($1) | ($0) | ($0) | $0 | $0 | $1 | |
| Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, basic | (1) | (1) | (1) | (0) | (0) | 0 | 0 | 1 | |
| Weighted-average shares of common stock outstanding used in computing earnings per share attributable to common stockholders, diluted | (1) | (1) | (1) | (0) | (0) | 0 | 0 | 1 | |
| Other income (expense), net | ($2.6m) | ($2.9m) | $3.3m | ($75.4m) | ($216.1m) | ($12.0m) | ($18.0m) | $14.2m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.