PLTR

Palantir Technologies Inc.

v3.25.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Revenue $ 883,855 $ 634,338
Cost of revenue 172,970 116,256
Gross profit 710,885 518,082
Operating expenses:    
Sales and marketing 236,309 193,177
Research and development 134,889 110,040
General and administrative 163,639 133,984
Total operating expenses 534,837 437,201
Income from operations 176,048 80,881
Interest income 50,441 43,352
Other income (expense), net (3,173) (13,507)
Income before provision for income taxes 223,316 110,726
Provision for income taxes 5,599 4,655
Net income 217,717 106,071
Less: Net income attributable to noncontrolling interests 3,686 541
Net income attributable to common stockholders $ 214,031 $ 105,530
Net earnings per share attributable to common stockholders, basic (in dollars per share) $ 0.09 $ 0.05
Net earnings per share attributable to common stockholders, diluted (in dollars per share) $ 0.08 $ 0.04
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, basic (in shares) 2,348,679 2,213,545
Weighted-average shares of common stock outstanding used in computing net earnings per share attributable to common stockholders, diluted (in shares) 2,552,818 2,400,107