Palantir Technologies Inc (N:PLTR)

Sector:  Technology Industry:  Software
See Regulatory Filings on SEC
Company Contact
Address: 1200 17Th Street, Floor 15
Tel: N/A
IR: See website
Key People
Peter A. Thiel
Chairman of the Board, Co-Founder
Stephen Cohen
President, Co-Founder, Secretary, Director
Alexander C. Karp
Chief Executive Officer, Co-Founder, Director
David Glazer
Chief Financial Officer, Treasurer
Shyam Sankar
Executive Vice President, Chief Technology Officer
Ryan Taylor
Chief Revenue Officer, Chief Legal Officer
Business Overview
Palantir Technologies Inc. is engaged in building software to assist in counterterrorism investigations and operations. It has built four principal software platforms, including Palantir Gotham (Gotham), Palantir Foundry (Foundry), Palantir Apollo (Apollo), and Palantir Artificial Intelligence Platform (AIP). Apollo is a cloud-agnostic, single control layer that coordinates ongoing delivery of new features, security updates, and platform configurations, helping to ensure the continuous operation of critical systems. Gotham enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants. Foundry transforms the ways organizations operate by creating a central operating system for their data. AIP enables responsible artificial intelligence (AI)-advantage across the enterprise by using primary, core components built to effectively activate large language models (LLMs) and other AI within any organization.
Financial Overview
For the three months ended 31 March 2024, Palantir Technologies Inc revenues increased 21% to $634.3M. Net income increased from $16.8M to $105.5M. Revenues reflect Commercial segment increase of 27% to $299M, Government segment increase of 16% to $335.4M, Rest of World segment increase of 64% to $227.9M, United States segment increase of 21% to $406.4M. Net income benefited from Interest Income increase from $20.9M to $43.4M (income).
Employees: 3,678 as of Mar 31, 2024
Reporting Currency: U.S. Dollars
Enterprise value: $47,952M as of Mar 31, 2024
Annual revenue (TTM): $2,334M as of Mar 31, 2024
EBITDA (TTM): $230.20M as of Mar 31, 2024
Net annual income (TTM): $298.55M as of Mar 31, 2024
Free cash flow (TTM): $641.36M as of Mar 31, 2024
Net Debt Last Fiscal Year: N/A
Shares outstanding: 2,226,896,439 as of Apr 30, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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