PLTR
Palantir Technologies Inc.187.75
+4.50+2.46%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Int'l stalled by US bandwidth
Q&A spotlighted bandwidth constraints from surging US demand, stalling international reacceleration despite European rearmament talk—Alex called Europe and Canada laggards needing advanced buys. Management disclosed 61 commercial deals over $10M, underscoring deepening commitments via quick value demos. ShipOS expands beyond shipbuilding to munitions, fighters, and sustainment, fueling reindustrialization. US hesitancy wanes as proof points spur inbounds; they're shaping elite clients now. Density trumps volume. US demand swamps global ambitions. Watch defense scaling, int'l breakthroughs.
Key Stats
Market Cap
447.49BP/E (TTM)
436.63Basic EPS (TTM)
0.43Dividend Yield
0%Recent Filings
10-K
FY2025 results
Palantir delivered FY2025 revenue of $4.5B, up 56% y/y, with government at 54% ($2.4B, +53%) and commercial at 46% ($2.1B, +60%); U.S. drove 74% ($3.3B, +75% ttm). Q4 accelerated the momentum, pushing customer count to 954 (up from 711) and top-20 average revenue to $93.9M (vs $64.6M prior). Gross margin hit 82% (84% ex-stock comp), contribution margin 66%, operating income $1.4B. Total remaining deal value soared 105% to $11.2B, signaling multi-year tailwinds—yet government contract terminations remain a balanced risk.
10-Q
Q3 FY2025 results
Palantir crushed Q3 with revenue jumping 63% y/y to $1.2B (derived), driven by 73% commercial growth and 55% government gains, while gross margin held steady at 82%. Operating income soared 248% y/y to $393M (derived), diluted EPS climbed to $0.18 from $0.06 on 2.57B shares—reconciles cleanly. Cash from operations hit $1.4B YTD, bolstered by $1.6B cash equivalents and $4.8B marketable securities; $500M revolver sits undrawn. Contribution margins hit 66% across segments. U.S. dominates at 75% revenue. Yet government budget shifts loom.
8-K
Palantir Q3 revenue soars 63%
Palantir Technologies crushed Q3 2025 expectations with revenue surging 63% year-over-year to $1.181 billion, driven by explosive 121% growth in U.S. commercial revenue to $397 million and 52% in U.S. government to $486 million. The company closed a record $2.76 billion in total contract value, up 151%, while achieving a stellar 114% Rule of 40 score and $476 million in GAAP net income. Palantir raised full-year revenue guidance to $4.396-$4.400 billion, signaling sustained AI-fueled momentum. Yet risks like contract terminations loom large.
10-Q
Q2 FY2025 results
Palantir Technologies Inc. reported robust Q2 FY2025 results ended June 30, 2025, with revenue surging 48% y/y to $1.0B, driven by 49% growth in government revenue to $553M and 47% in commercial to $451M, while gross margin held steady at 81%. Operating income jumped to $269M from $105M y/y, reflecting disciplined cost management amid 22% rise in total operating expenses to $541M, and diluted EPS climbed to $0.13 from $0.06, reconciling to 2.56B weighted-average shares. Cash from operations reached $850M YTD, bolstering $6.0B in cash and equivalents plus marketable securities, with no debt and $500M revolver availability under covenants met. Yet competition in AI-driven analytics intensifies, pressuring margins if pricing erodes.
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