Sector: Technology | Industry: Software |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1200 17Th Street, Floor 15 DENVER CO 80202 |
Tel: | N/A |
Website: | https://www.palantir.com |
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 nine months ended 30 September 2024, Palantir Technologies Inc revenues increased 26% to $2.04B. Net income increased from $116.4M to $383.2M. Revenues reflect Government segment increase of 24% to $1.11B, Commercial segment increase of 29% to $923.5M, United States segment increase of 33% to $1.34B, Rest of World segment increase of 28% to $548.9M. Net income benefited from Interest Income increase of 61% to $142.1M (income). |
Employees: | 3,892 as of Sep 30, 2024 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $128,390M as of Sep 30, 2024 |
Annual revenue (TTM): | $2,646M as of Sep 30, 2024 |
EBITDA (TTM): | $397.71M as of Sep 30, 2024 |
Net annual income (TTM): | $476.57M as of Sep 30, 2024 |
Free cash flow (TTM): | $980.32M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 2,278,021,000 as of Oct 28, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |