Below are the financial statements of Palantir Technologies, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 2,865.51a | 2,225.01a | 1,905.87a |
| Cost of revenue | -565.99a | -431.11a | -408.55a |
| Gross profit | 2,299.52a | 1,793.91a | 1,497.32a |
| Operating expenses | — | — | — |
| Sales and marketing | -887.76a | -744.99a | -702.51a |
| Research and development | -507.88a | -404.62a | -359.68a |
| General and administrative | -593.48a | -524.33a | -596.33a |
| Total operating expenses | -1,989.11a | -1,673.94a | -1,658.52a |
| Income (loss) from operations | 310.4a | 119.97a | -161.2a |
| Interest income | 196.79a | 132.57a | 20.31a |
| Other income (expense), net | -18.02a | -15.45a | -220.14a |
| Income (loss) before provision for income taxes | 489.17a | 237.09a | -361.03a |
| Provision for income taxes | -21.26a | -19.72a | -10.07a |
| Net income (loss) | 467.92a | 217.38a | -371.09a |
| Less: net income attributable to noncontrolling interests | 5.73a | 7.55a | 2.61a |
| Net income (loss) attributable to common stockholders | 462.19a | 209.83a | -373.71a |
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