PLTR 10-K Annual Reports

Palantir Technologies Inc. reported strong financial performance for the year ended December 31, 2025, with a significant 56% increase in total revenue to $4.5 billion, driven by robust growth in both government (53% increase) and commercial (60% increase) segments. The company's expanded customer base to 954, up from 711 in the prior year, and a notable increase in average revenue from the top twenty customers to $93.9 million, signal deepening client relationships and successful platform adoption. Financially, Palantir demonstrated improved profitability with income from operations reaching $1.4 billion, a substantial increase from $310.4 million in the previous year. This growth was supported by an expanding gross margin of 82% (84% excluding stock-based compensation). The company also saw a healthy increase in cash flow from operations to $2.1 billion. Total remaining deal value reached $11.2 billion, indicating a strong pipeline for future revenue. The company continues to invest heavily in its core platforms: Gotham, Foundry, Apollo, and the newly emphasized Artificial Intelligence Platform (AIP), highlighting its commitment to innovation, particularly in AI. Palantir's strategic focus on tackling complex, large-scale challenges and its ability to deploy solutions rapidly, often in days, positions it favorably against longer internal development cycles of its customers. The company's emphasis on privacy and civil liberties, integrated into its platform design, further differentiates its offerings in a sensitive market.

Palantir Technologies Inc. (PLTR) reported robust financial performance for the fiscal year ended December 31, 2024, demonstrating significant growth across its operations. The company's revenue surged by 29% year-over-year to $2.9 billion, driven by strong demand in both its government (55% of revenue) and commercial (45% of revenue) segments. This growth was supported by an expanding customer base, which grew to 711 from 497 in the previous year, and an increase in average revenue per top customer. Operationally, Palantir continues to invest heavily in its core platforms: Gotham, Foundry, Apollo, and the recently launched Artificial Intelligence Platform (AIP). The company highlighted the effectiveness of its AIP bootcamps in accelerating customer acquisition and adoption. Palantir also emphasized its commitment to privacy and civil liberties in its software development. While the company is focused on growth, it also faces a competitive landscape and operational risks, as detailed in the risk factors section, including reliance on key personnel and potential cybersecurity threats. The company ended the year with a strong liquidity position, including $5.2 billion in cash, cash equivalents, and short-term U.S. Treasury securities.

Palantir Technologies Inc. reported a strong financial year for 2023, demonstrating significant revenue growth and a return to profitability from operations. The company generated $2.2 billion in revenue, a 17% increase year-over-year, driven by expansion within both its government (55% of revenue) and commercial (45% of revenue) segments. Notably, the average revenue per top twenty customer increased to $54.6 million, indicating deeper engagement with key clients. Palantir also saw improvements in its operational efficiency, with adjusted income from operations reaching $632.8 million, and a focus on expanding its Artificial Intelligence Platform (AIP) capabilities, which began deployment in 2023. The company's strategic focus on complex, large-scale data integration and decision-making problems continues to resonate with its customer base. Palantir's platform ecosystem, comprising Gotham, Foundry, Apollo, and AIP, is designed to be deployed across various environments, providing a robust solution for organizations dealing with intricate data challenges. Despite significant investments in research and development and sales and marketing to fuel future growth, Palantir aims to continue scaling its operations and market reach, emphasizing its unique position in solving challenging enterprise data problems.

Palantir Technologies Inc. (PLTR) reported its 2022 full-year results, showcasing robust revenue growth of 24% year-over-year, reaching $1.9 billion. While the company continues to invest heavily in research and development and sales and marketing, leading to an operating loss of $161.2 million, it also reported an improvement in its adjusted income from operations to $420.8 million. The company's platform strategy, centered around Gotham, Foundry, and Apollo, continues to gain traction across both government and commercial sectors, with government revenue up 19% and commercial revenue up 29% year-over-year. Palantir ended the year with a strong cash position and no outstanding debt, highlighting its financial flexibility as it navigates a complex macroeconomic environment. Key financial and operational metrics indicate sustained growth in customer numbers, with an increase to 367 customers by year-end 2022 from 237 in the prior year. The average revenue per top 20 customer also saw an increase, demonstrating deepening relationships with key clients. Despite investments in growth, the company managed to reduce its net loss compared to the previous year, primarily due to a significant decrease in stock-based compensation expenses. Palantir's commitment to expanding its platform capabilities and market reach remains a core focus, supported by its integrated software suite designed to address complex data challenges.

Palantir Technologies Inc. reported significant revenue growth of 41% in 2021, reaching $1.5 billion, driven by a substantial 47% increase in government sector revenue and a 34% increase in commercial sector revenue. The company's gross margin improved to 78% (82% excluding stock-based compensation) from 68% in the prior year, indicating enhanced operational efficiency. Despite revenue growth, Palantir continues to incur operating losses, with a net loss of $520.4 million for 2021, although this is an improvement from a $1.17 billion loss in 2020. This is partly due to continued investments in sales, marketing, and research and development, alongside significant stock-based compensation expenses. The company ended 2021 with a strong liquidity position, including $2.3 billion in cash and cash equivalents and an undrawn $400 million revolving credit facility.

Palantir Technologies Inc. (PLTR) filed its 10-K for the fiscal year ending December 31, 2020, revealing a significant growth in revenue and a strategic focus on expanding its customer base across both government and commercial sectors. The company reported robust revenue growth of 47%, reaching $1.1 billion, driven by strong performance in its government segment, which contributed 56% of total revenue, and continued expansion in its commercial operations. While Palantir has not yet achieved profitability, incurring a net loss of $1.17 billion for the year, its gross profit increased by 48%. The company highlights its strategy of acquiring customers through initial pilots and then expanding relationships, leading to a substantial increase in average revenue per customer. Palantir's core offerings, Gotham and Foundry, are positioned as essential operating systems for data management and analysis in complex organizations, with significant investment in research and development to maintain platform capabilities. The filing also details Palantir's commitment to privacy and security, its multi-class stock structure that concentrates voting power, and various risk factors including competition, dependence on key personnel, and evolving regulatory landscapes.