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High growth due to AI demand! Palantir (PLTR) Stock Analysis, Future Prospects and Stock Price Outlook

Palantir Technologies (PLTR) Stock Analysis and Fundamental AnalysisInvestment in the U.S.

This site is a great place for me (@mifsee(2) has been working on company and stock analysis while learning privately.

This is only a record of my personal analysis and the contents may contain errors or information that differs from the actual situation. Please understand in advance when viewing this site.

  1. Introduction.
  2. What is Palantir Technologies? What is the company?
    1. Palantir's Mission Statement
  3. What are Palantir Technologies' main products?
    1. Gotham
    2. Foundry
    3. Apollo
    4. Palantir AIP (Artificial Intelligence Platform)
  4. What is Palantir's business model?
    1. Subscription-based software licensing
    2. Professional Services and Support
    3. long-term contract
    4. Data-driven solutions
  5. Who is Palantir Technologies' clientele?
    1. government body (agency)
    2. private-sector business
  6. What's so great about Palantir Technologies (PLTR)?
  7. What is the ticker symbol for palantir?
  8. What is the Palantir trading market?
  9. What are the sectors, industries, and themes to which Palantir belongs?
    1. sector
    2. type of industry
    3. Themes belonging to
  10. When was the company founded and listed?
  11. Dividends?
  12. What is the size and growth potential of the industry to which Palantir belongs?
    1. Size and Growth Potential of the Big Data Industry
    2. Size and growth potential of the AI industry
  13. How was Palantir Technologies founded?
  14. Who are some of Palantir Technology's competitors?
  15. What are Palantir's differentiators and advantages over the competition?
    1. differentiator
    2. predominance
  16. When did Palantir become profitable?
  17. Performance of Palantir Technologies, Inc.
    1. Current share price of Palantir Technologies, Inc.
    2. Palantir Quarterly: Sales Trends
    3. Palantir Quarterly: Operating Cash Flow Trends
    4. Palantir Quarterly: Operating Income and Operating Margin Trends
    5. Palantir Quarterly: EPS Trends
    6. Palantir's Full Year: Sales Trends
    7. Palantir's Full Year: Operating Cash Flow Trends
    8. Palantir's Full Year: Operating Income and Operating Income Margin Trends
    9. Palantir's Full Year: EPS Trends
  18. What is the future of Palantir Technologies? What are the future developments?
    1. Growth Factors and Market Opportunities
    2. Future Development and Strategy
  19. Impact of Palantir Technologies on the Industry
  20. Summary of Palantir Technologies' Q3 2023 Financial Results
  21. Palantir Technologies Q4 2023 and Full Year Financial Summary
    1. FY2023 Q4 Results
    2. Results for full year 2023
    3. Forecast for 2024
  22. Palantir Technologies Q1 FY2024 Financial Summary
    1. Business Highlights
    2. Other Information
    3. Future Outlook
  23. Palantir Technologies Q2 2024 Financial Summary
  24. Summary of Palantir Technologies' Financial Results
  25. Which brokerage firms can I buy shares of Palantir Technologies?
  26. summary

Introduction.

As artificial intelligence (AI) evolves, semiconductor and AI-related stocks are growing at a remarkable rate, and Palantir Technologies (PLTR) is gaining attention for its unique approach.

Microsoft andNVIDIAwhich sets itself apart from other AI stocks, innovating big data analytics with AI and providing advanced analytics and proprietary AI technology to support decision-making, especially for government agencies.

With the growing demand for AI, interest from the private sector has increased rapidly, and as a result, Palantir has achieved remarkable growth and profitability, announcing results that have exceeded investor expectations.

In this section, we will delve into the importance of information analysis software and its future potential through a corporate analysis of Palantir Technologies in a way that is easy to understand for those without expertise in investment, finance, or financial results.

Palantir Technologies, a unique AI-related stock, is one to watch.

What is Palantir Technologies? What is the company?

  • Palantir Technologies Inc,US-based data analysis company.
  • The company uses big data analytics and AI technology to help clients make critical decisions.
  • 2003.Founded by PayPal co-founder Peter Thiel and othersThe first time the company was founded, it was a small company.
  • The name comes from the magical invisible stone "Palantir" in J.R.R. Tolkien's "The Adventures of the Hobbit" and "The Lord of the Rings.
  • The company provides solutions to integrate and analyze complex data, primarily for government agencies and large corporations.
    Particularly,Providing data analysis services to the U.S. military, Department of Defense, FBI, CIA, and other government agencies in the security and defense sectorsThe company is known as a reliable partner.
  • The company is also expanding into the commercial sector,The company applies its technology in industries as diverse as finance, healthcare, and energy.

Corporate information on Palantir Technologies (PLTR) is below.

  • Company Name: P.O. BoxPalantir Technologies Inc.
  • Date of Establishment: (Months)2003
  • Name of Representative:.Alexander C. Karp
  • Official website:. https://www.palantir.com
  • Principal Business:. Provides solutions to help clients make data-driven decisions by leveraging big data analytics and AI technologies.

Palantir's Mission Statement

To help organizations make better decisions using vast and complex data.

Specifically, it aims to help organizations solve the toughest problems they face and extract more value through data integration and analysis.

What are Palantir Technologies' main products?

Gotham

What you can do:Crime prevention, data analysis, data integration

  • summary: A data analysis platform provided primarily for government agencies to support data integration and analysis for counterterrorism, criminal investigations, and national defense-related data. It integrates vast amounts of data to support quick and accurate decision making.
  • Main applications: Planning military operations, criminal investigations, intelligence analysis, etc.

Foundry

What you can do:Business operation optimization, data-driven decision support

  • summary: A platform for the private sector that allows companies to integrate and manage their own internal data to enhance business intelligence.
  • Main applications: Enables the use of data in diverse areas such as asset management, supply chain management, engineering and manufacturing, medical services, and financial and risk management.

Apollo

What you can do:Support for software implementation in complex environments

  • summary: A platform to help deploy software in complex environments, facilitating version control and updating of Gotham and Foundry.
  • Main applications: Software delivery and maintenance, ensuring safety and reliability (MiFsee).

Palantir AIP (Artificial Intelligence Platform)

Palantir AIP (Artificial Intelligence Platform) is Palantir Technologies' state-of-the-art AI platform,In particular, he focuses on the use of large-scale language models (LLMs).

The platform is intended to maximize the natural language processing capabilities of AI and provide actionable insights using customer datasets.
AIP helps government and commercial sector clients extract new value from their data and optimize their operations.

AIP is driving growth in the commercial and government sectors, and demand for AIP is growing rapidly.
Many companies are using AIP to automate operations, optimize processes, and deploy data-driven applications, resulting in significant increases in commercial revenue, especially in the United States.

What is Palantir's business model?

Palantir Technologies' business model consists primarily of the following elements

Subscription-based software licensing

Palantir provides its customers with licenses to use its software platform and makes recurring royalties as part of its revenue.

Professional Services and Support

Palantir provides professional services, including software implementation, customization, and operational support, and generates revenue by helping customers utilize its products more effectively.

long-term contract

Contracts with government agencies, in particular, are often long-term and provide a stable source of revenue, and the company continues to provide data analysis in critical areas such as risk management and operational efficiency.

Data-driven solutions

Palantir uses big data and AI technologies to help customers gain insights from their data, enabling them to make data-driven decisions faster.

Through these elements, Palantir's business model aims to provide high value-added services to its clients and build long-term partnerships.

Who is Palantir Technologies' clientele?

government body (agency)

Palantir provides data analysis solutions to government agencies such as the U.S. Department of Defense, CIA, and FBI. These agencies are,In areas such as national defense, security, and law enforcement, Palantir's technology is used to integrate and analyze data to support critical decision-making.
The clients also include government agencies in other countries, such as the United Kingdom and Germany.

private-sector business

In the commercial sector, leading companies in finance, healthcare, energy, and manufacturing are using Palantir's data analytics platform to help companies improve operational efficiency, manage risk, and gain market insights.
Examples of specific implementations include SOMPO Holdings in the insurance industry and financial institutions.

Palantir provides data-driven decision support to these clients to help them solve problems in a variety of industries.

What's so great about Palantir Technologies (PLTR)?

Palantir Technologies stands out for its innovative data analysis technology and use of AI.

First, the company hasThey excel in their ability to integrate complex and diverse data and use it to help clients make decisions quickly and accurately.
This is achieved through its flagship products, Gotham and Foundry, which are platforms that can meet the diverse needs of government agencies and private companies, and are used in areas such as national defense and security, risk management, and operational efficiency.

In addition, Palantir specializes in data visualization and analysis,It is particularly strong in its ability to process unstructured data.

This technology, which effectively processes data in a variety of formats, including documents, images, and audio, and draws new insights from it, is extremely valuable to customers and serves to provide strategic business insights.

In addition, Palantir has established itself as a long-term and reliable partner for the government and commercial sectors, with particularly strong relationships with U.S. government agencies, which are part of the company's stable revenue base.

In addition, the company is accelerating its expansion into the commercial sector and applying its technology in a wide range of areas, including finance, healthcare, and manufacturing.

Thus, Palantir's technological innovation and broad customer base have given it a unique presence in the data analysis industry, making it an indispensable partner for many companies and government agencies.

What is the ticker symbol for palantir?

Palantir Technologies' ticker symbol (stock identification code) is "PLTR"

What is the Palantir trading market?

Palantir Technologies is traded on the NYSE (New York Stock Exchange) market.

What are the sectors, industries, and themes to which Palantir belongs?

sector

Technology:Palantir Technologies is part of the technology sector. This sector uses data analytics and AI technologies to provide solutions to support decision-making in business and government organizations, and Palantir plays a key role in using these technologies to help clients solve strategic issues.

type of industry

Software & Services:Palantir is classified in the Software & Services industry. It primarily provides a software platform for data integration, analysis, and visualization that enhances customers' business intelligence and enables them to make more efficient, data-driven decisions.

Themes belonging to

Big Data and AI (Big Data and AI):Palantir is focused on Big Data and AI. Combining these technologies enables clients to extract valuable insights from vast amounts of data to support data-driven strategic decision making. The company also has particular strengths in its ability to analyze unstructured data, which is being applied in a diverse range of industries.

When was the company founded and listed?

Founded in 2003, the company went public (IPO) on the U.S. stock market on September 30, 2020 and was listed on the New York Stock Exchange (NYSE).

Dividends?

Not implemented.

What is the size and growth potential of the industry to which Palantir belongs?

Palantir belongs to the technology industry, mainly big data and artificial intelligence (AI) technology, which is currently showing very high growth potential.

Size and Growth Potential of the Big Data Industry

According to market research,The big data market is maintaining double-digit annual growth rates and is expected to reach hundreds of billions of dollars by 2025.

The big data market is growing rapidly as a key tool for businesses and government agencies to leverage data for decision making, with growth being driven by the increase in IoT devices, the proliferation of cloud computing, and the growing need for data-driven decision making.

Size and growth potential of the AI industry

The AI industry is expanding rapidly, especially in the areas of data analysis and machine learning; AI technologies are enabling operational efficiency and new value creation in a diverse range of industries, and the demand for such technologies is increasing.

The market size is growing at an average annual rate of more than 201 TP3T and is projected to reach more than $500 billion by 2024.

AI is bringing revolutionary change, especially in manufacturing, finance, healthcare, and energy.

Thus, the industry to which Palantir belongs has shown very high growth potential as digital transformation progresses, and Palantir's technology and services have become a key component of this growth, with many companies and government agencies leveraging data analytics and AI to enhance their competitiveness.

How was Palantir Technologies founded?

  • It was co-founded in 2003 by Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen, and Nathan Gettings.
  • Peter Thiel is known as the co-founder of PayPal,He is a well-known PayPal mafia.
  • The background for its establishment was the need to collect and analyze information after the 9/11 terrorist attacks, with the aim of detecting and preventing terrorist activities at an early stage.
  • The initial product is software that allows government and defense organizations, in particular, to collect, analyze, and visualize large amounts of data. It will enable them to identify potential threats and take appropriate countermeasures.
  • Subsequently, the product was expanded to the private sector,Today, companies in a variety of industries, including financial services, healthcare, and law enforcement, use Palantir's software.

Who are some of Palantir Technology's competitors?

Palantir Technologies' main competitors are.

  • Google (Alphabet Inc.) [GOOGL: Google is a leading data analytics and AI technology company and a strong competitor of Palantir's. Google's cloud services and AI platform offer a wide range of solutions to help companies make data-driven decisions, and Google's technological capabilities and global Google's technological capabilities and global influence have given it a very significant presence in the data analytics market.
  • Microsoft [MSFT].:
    Microsoft offers data analytics and AI services through its cloud computing platform, Azure, and is considered a Palantir competitor Microsoft's broad range of services can help companies with their digital transformation, enabling data intelligence. The company has particular strengths in enterprise solutions.
  • IBM [IBM].:
    IBM is known for its data analytics and AI solutions, including Watson AI, IBM's strength is its long history of enterprise services and the use of data in diverse industries, particularly in healthcare, finance, and manufacturing, and for Palantir, IBM's advanced technology and broad industry experience will be an important competitor.
  • Snowflake [SNOW].: Snowflake is a data warehousing services company specializing in cloud-based data platforms, Snowflake's platforms facilitate data storage, data processing, and data analysis, enabling companies to leverage data quickly and efficiently. The company is working on a new data-driven platform. Like Palantir, the company offers solutions to support data-driven decision making.
  • Salesforce [CRM].: Salesforce offers cloud solutions that leverage AI and data analytics with a focus on customer relationship management (CRM); Salesforce's Einstein AI helps companies leverage customer data to gain business insights. It handles data from a different angle than Palantir, but competes with it in driving the digital transformation of companies.
  • C3.ai [AI].: C3AI is an enterprise AI software company that helps companies optimize their operations through AI-based predictive analytics and machine learning solutions. Like Palantir, it provides decision support using data and AI, but is particularly known for its applications in the energy and manufacturing industries.

While each of these companies has different strengths, they lead the market with solutions that leverage data analytics and AI technologies. Palantir competes against these competitors with its unique data integration capabilities and strong relationships with government agencies.

What are Palantir's differentiators and advantages over the competition?

The differentiators and advantages of Palantir Technologies' competition are as follows

differentiator

  • Specialized Government Solutions: Palantir provides specialized data analysis solutions to government agencies such as the U.S. military, CIA, and FBI, and these strong relationships and reliability are a unique advantage over other competitors.
  • Ability to integrate and analyze unstructured data: Palantir's strength lies in its technology for integrating and analyzing unstructured data such as documents, images, and audio, enabling clients to gain new insights from diverse data sources.
    This capability will be an area of advantage over competitors.
  • Customizable platform: Palantir's platforms can be customized to meet specific customer needs, allowing customers to leverage data based on their unique business requirements. Two platforms in particular, "Gotham" and "Foundry," can be applied in a variety of industries.

predominance

  • Long-term customer relationships: Palantir has built a stable revenue base through long-term contracts with government agencies and large corporations, bringing reliability and stability compared to other competitors.
  • High technology and security: Palantir has the technical capabilities to meet high security standards and has been adopted by many government agencies where security is particularly important. This high level of technological capability and security reliability form the company's superiority over the competition.
  • Broad industry coverage: Palantir has applied its technology in industries as diverse as finance, healthcare, manufacturing, and energy, and its strength lies in its flexibility in responding to customer needs. This diversity of industries gives Palantir an advantage over competitors who specialize in other fields.)

These differentiators and advantages make Palantir uniquely positioned in the data analytics and AI industry.

When did Palantir become profitable?

Palantir Technologies achieved profitability for the first time in 2022.
The company posted better-than-expected revenues and profits in the fourth quarter of 2022, achieving adjusted earnings per share of 6 cents for the full year of 2022 and annual revenues of $1.9 billion.

This turnaround was made possible by the growth of the commercial sector in particular and the increased demand for AI platforms, which has since shown further growth

Performance of Palantir Technologies, Inc.

First, the following three indicators are identified to perform a minimum performance analysis.

  1. Sales:An indicator of a company's performance and growth.
  2. Operating cash flow and operating cash flow margin:An indicator that looks at how much cash a company generates from its services. Margins are considered excellent when they are 15% of that ratio.
  3. Operating Income:Profit earned by a company from its core business. An indicator to evaluate a company's performance.
  4. EPS:An indicator that looks at a company's earning power "profitability" and "growth potential" in terms of net income per share. The higher the number, the higher the profitability.

*Each data is,Investing.com, ,TradingViewSee from

Current share price of Palantir Technologies, Inc.

Palantir stock chart (TradingView).

The chart shows the Relative Strength Index (RSI). Reference as an indicator of market overheating.
*An overbought indicator when the RSI exceeds 70% to 80%, and conversely, an oversold indicator when the RSI falls below 20% to 30%.

We will start with the quarterly data.

Palantir Quarterly: Sales Trends

Quarterly sales forecasts and actual sales and year-on-year changes.

Fiscal year (Quarter)predictionActual sales (announced values)relative change from last year
2021:Q2360.3375.64
2021:Q3385.02392.15
2021:Q4417.67432.87
2022:Q1443.42446.36
2022:Q2469.09473.0125.92%
2022:Q3474.76477.8821.86%
2022:Q4502.58508.6217.50%
2023:Q1505.82525.1917.66%
2023:Q2533.38533.3212.75%
2023:Q3555.51558.1616.80%
2023:Q4602.88608.3519.61%
2024:Q1615.4634.3420.78%
2024:Q2653.23678.1327.15%
2024:Q3701.48
2024:Q4741.79
2025:Q1768.41
2025:Q2810.36
Millions of U.S. dollars

Sales forecasts and actual results are shown in graphs.

Palantir (PLTR) Sales Trends (Quarterly)

Palantir Quarterly: Operating Cash Flow Trends

Quarterly operating cash flow and operating cash flow margin.

Fiscal year (Quarter)Operating CFOperating CF Margin
2021:Q3123.5831.51%
2021:Q4102.823.75%
2022:Q135.487.95%
2022:Q262.4313.20%
2022:Q347.079.85%
2022:Q478.7615.49%
2023:Q1187.3835.68%
2023:Q290.1916.91%
2023:Q3133.4423.91%
2023:Q4301.1749.51%
2024:Q1129.5820.43%
2024:Q2144.1921.26%
Millions of U.S. dollars

Each transition is shown in the graph below.

Palantir (PLTR) Operating CF Margin (Quarter)

Palantir Quarterly: Operating Income and Operating Margin Trends

Quarterly operating income and operating margin.

Fiscal year (Quarter)Operating incomeOperating profit ratio
2022:Q4-17.83-3.51%
2023:Q14.120.78%
2023:Q210.071.89%
2023:Q339.987.16%
2023:Q465.7910.81%
2024:Q180.8812.75%
2024:Q2105.3415.53%
Millions of U.S. dollars

Each transition is shown in the graph below.

Palantir (PLTR) operating income and operating margin (quarterly)

Palantir Quarterly: EPS Trends

Quarterly EPS forecast and actual EPS.

Fiscal year (Quarter)EPS (forecast)EPS (Actual)between (e.g. two people)
2021:Q20.040.040
2021:Q30.040.040
2021:Q40.040.02-0.02
2022:Q10.040.02-0.02
2022:Q20.03-0.01-0.04
2022:Q30.020.01-0.01
2022:Q40.030.040.01
2023:Q10.040.050.01
2023:Q20.050.050.00
2023:Q30.060.070.01
2023:Q40.080.080
2024:Q10.080.080
2024:Q20.080.090.01
2024:Q30.09
2024:Q40.09
2025:Q10.1
2025:Q20.11
Unit: U.S. dollars

Each transition is shown in the graph below.

Palantir (PLTR) EPS Trends (Quarterly)

Palantir's Full Year: Sales Trends

This is the sales forecast for the full year and actual sales and year-on-year changes.

Fiscal year (full year)Sales ForecastActual sales (announced values)relative change from last year
2019742.55
Year 202010701092.6747.15%
Year 202115301541.8941.11%
Year 202219001905.8723.61%
Year 20232220223017.01%
Year 20242750
Year 20253310
Year 20263850
Millions of U.S. dollars

Each transition is shown in the graph below.

Palantir (PLTR) Sales Trends (Full Year)

Palantir's Full Year: Operating Cash Flow Trends

Operating cash flow for the full year and operating cash flow margin.

Fiscal year (full year)Operating CF FlowsOperating CF Margin
2019-165.22-22.25%
Year 2020-296.61-27.15%
Year 2021333.8521.65%
Year 2022223.7411.74%
Year 2023712.1831.94%
Millions of U.S. dollars

Each transition is shown in the graph below.

Palantir (PLTR) Operating CF Margin (Full Year)

Palantir's Full Year: Operating Income and Operating Income Margin Trends

Trends in operating income and operating income margin for the full year.

Fiscal year (full year)Operating income
2018-623.44
2019-576.44-77.63%
Year 2020-1170-107.08%
Year 2021-411.05-26.66%
Year 2022-161.2-8.46%
Year 2023119.975.38%
Millions of U.S. dollars

Each transition is shown in the graph below.

Palantir (PLTR) Operating Income and Operating Income Margin Trends (Full Year)

Palantir's Full Year: EPS Trends

This is the EPS forecast and actual EPS for the full year.

Fiscal year (full year)EPS (forecast)EPS (Actual)
Year 20200.070.19
Year 20210.150.13
Year 20220.050.06
Year 20230.250.25
Year 20240.35
Year 20250.42
Year 20260.51
Unit: U.S. dollars

Each transition is shown in the graph below.

Palantir (PLTR) EPS Trends (Full Year)

What is the future of Palantir Technologies? What are the future developments?

The potential of Palantir Technologies is evaluated based on the following

Growth Factors and Market Opportunities

  • Expanding AI and Big Data Markets: Global demand for AI and Big Data is increasing, and Palantir is leveraging these technologies to become more competitive in the marketplace. These areas are expected to continue to grow and offer significant opportunities for Palantir.
  • Strong relationships with government agencies: Palantir has secured stable revenues, especially through long-term contracts with government agencies.Contracts with the U.S. government ensure credibility, especially in the areas of security and defense, and contribute to the expansion of our services to government agencies in other countries.
  • Expansion in the commercial sector: Palantir is strengthening its expansion into commercial sectors such as finance, healthcare, and energy, moving away from a government-dependent revenue structure and into more diverse industries.The acquisition of new clients in the commercial sector is a factor that will further accelerate the company's growth.

Future Development and Strategy

  • Innovation and Product Development: Palantir continues to evolve its data analysis technology and AI to develop new products and services. In particular, new platforms such as "Apollo" have become important tools for streamlining software delivery and maintenance and meeting customer needs.
  • Expansion into global markets: Palantir is leveraging its existing customer base to expand into global markets. In particular, the company is strengthening its strategy to increase its presence in the European and Asian markets.
  • Partnerships and Alliances: Palantir seeks to access new markets through alliances with other technology companies and industry leaders to enhance its technological capabilities and expand its customer base.

Palantir is expected to continue to grow further in the data analytics and AI industry due to its very profitable growth factors and strategies.

Impact of Palantir Technologies on the Industry

Below is a description of Palantir's impact on the industry based on the latest information.

  • corporate management: Palantir software has become an indispensable tool in corporate strategic planning and performance management. Companies are making data-driven decisions to strengthen their competitiveness and improve their market position. Palantir's platform helps management teams formulate more effective strategies through data visualization and analysis.
  • cyber security: The company's technology also plays an important role in the field of cybersecurity. Palantir's solutions provide anomaly detection and risk analysis to protect corporate and organizational networks, enhance protection against cyber attacks, and ensure the safety of critical data.
  • criminal investigation: Palantir technology is also making a significant contribution to criminal investigations by law enforcement agencies. By quickly analyzing large amounts of data and identifying patterns of crime, Palantir technology is helping to improve the efficiency of investigations and prevent crimes, enabling police and intelligence agencies to quickly take action.
  • Medical and Biotechnology: In the medical and biotechnology fields, Palantir's software supports the early detection of diseases and the development of new treatments through data analysis. Contributing to the improvement of patient treatment plans and the quality of medical care, Palantir's technology is facilitating innovative use of data in the healthcare industry.
  • Commercial Sector Growth: Palantir continues to grow not only in the government sector but also in the commercial sector, particularly in the financial, manufacturing, and logistics sectors, where it meets the need for operational efficiency and risk management through data analysis.
    Revenues in the commercial sector are growing rapidly, providing the foundation for companies to adopt more data-driven strategies.
  • Use of AI Technology: Palantir is using AI technology to improve the accuracy and efficiency of its data analysis; the increased demand for AI platforms is attracting new customers for Palantir and providing value to existing customers.
    AI-based solutions are proving their effectiveness, especially in predictive analytics and automated decision-making processes.
  • Promoting Digital Transformation: As many companies undergo digital transformation, Palantir's solutions are helping to fundamentally change the way data is used. Palantir is helping companies use data more strategically and driving innovation in business processes.
    This enables us to improve our competitiveness and establish a competitive edge in the market

These factors have allowed Palantir Technologies to play an important role in many industries and continue to expand the possibilities of data analysis.

Summary of Palantir Technologies' Q3 2023 Financial Results

To summarize the financial summary for Q3 FY2023 as the latest data,

  • Financial ResultsThe company achieved a GAAP net income of $72 million for 3Q2023, a profit margin of 131 TP3T. This is the fourth consecutive quarter of positive GAAP profit margin.
  • Revenue: $0.1 billionRevenues increased by 171 TP3T y/y to $558 million. Commercial revenues increased by 231 TP3T y/y to $251 million, while U.S. commercial revenues increased by 331 TP3T to $116 million.
  • Government Sector Revenues: (1)Government sector revenues increased by $12% to $308M y/y.
  • Number of clientsThe number of customers increased by 34% over the same period last year. The number of commercial customers in the U.S. increased by 37% to 181.
  • Adjusted operating revenues: (1)Adjusted operating revenue was $163 million, achieving a profit margin of 291 TP3T. This is the fourth consecutive quarter of expansion as an adjusted operating margin.
  • Cash Flow: Cash flow from operating activitiesCash flow from operations was $133 million, a profit margin of 24%. Adjusted free cash flow was $141 million, a profit margin of 25%.
  • Financials: (1) Cash, cash equivalents, and short-term U.S. Treasury bills totaled $3.3 billion.

The outlook for the future is as follows.

  • Fourth-quarter revenue estimates range from $599 million to $603 million.
  • The company raised its revenue forecast for the full year 2023 from $2,216 million to $2,220 million.
  • Adjusted operating revenue forecast for full year 2023 raised from $607 million to $611 million.

Palantir Technologies Q4 2023 and Full Year Financial Summary

FY2023 Q4 Results

  • Revenue growth: (1.0)Q4 revenues reached $608M, up 20% from the same period last year. The quarterly growth shows that the company continues to grow.
  • Profit Sustainability:. GAAP net income was $93 million, with a profit margin of 151 TP3T, marking the fifth consecutive quarter of GAAP profitability.
  • Remarkable growth in the U.S. commercial sector:.Of particular note is that the U.S. commercial division's revenues increased by 70% year-on-year to $131 million. This indicates that Palantir's products are in high demand in the commercial market.

Results for full year 2023

  • Annual Revenue Increase: (%)Full year 2023 revenues of $2.23 billion, an increase of 171 TP3T over the previous year.
  • Balanced growth of the commercial and government sectors:.Commercial sector revenues increased by 201 TP3T to $1.0 billion and government sector revenues increased by 141 TP3T to $1.2 billion, with healthy growth in both sectors.

Forecast for 2024

Palantir expects revenues to reach between $2.652 and $2.668 billion for 2024.
Growth of at least 401 TP3T is expected, especially in the U.S. commercial sector.

Adjusted operating income is projected to reach between $834 million and $850 million, and adjusted free cash flow is expected to be between $800 million and $1 billion.

Palantir Technologies Q1 FY2024 Financial Summary

  • Net salesFor $634.38 million,Increased by 211 TP3T yoy.
  • Net income
    • 105.3 million under GAAP (Generally Accepted Accounting Principles), with a profit margin of 171 TP3T.
    • Adjusted net income of $196.94 million on a non-GAAP basis.
  • Earnings Per Share (EPS)
    • $0.04 on a GAAP basis.
    • $0.08 on a non-GAAP basis.

Business Highlights

  • Commercial Revenue
    • Commercial revenues were $299 million, up 271 TP3T from the same period last year.
    • U.S. commercial revenues increased $40% y/y to $150M.
  • Government Revenues
    • Government revenues increased by $335 million, up $161 TP3T from the same period last year.
    • U.S. government revenues increased by 121 TP3T y/y to $257 million.

Other Information

  • Customer growth: customer numbers increased by 421 TP3T YoY.
  • Adjusted operating revenue: $226.46 million with an operating margin of 361 TP3T.
  • Free Cash Flows: (Millions of yen)
    • Adjusted free cash flow was $148.63 million, with a free cash flow rate of 23%.
  • Cash Flow: Cash flow from operating activities was $129.58 million, with a cash flow rate of 20%.

Future Outlook

  • Next quarter's sales forecast:.$649 million to $653 million.
  • The sales forecast for the entire year was raised from $267.7 million to $268.9 million.
  • Adjusted operating revenue forecast for the entire year: $868 million to $880 million.

Palantir sales increased significantly year over year, with particularly strong growth in the commercial and U.S. government sectors.There is also continued growth in GAAP and non-GAAP earnings and improved efficiency across the enterprise.

Palantir Technologies Q2 2024 Financial Summary

  • Net sales: $678.13 million, an increase of 271 TP3T over the same period last year.
  • net income: $134.12 million, a significant increase from $28.12 million in the same period last year.
  • Earnings per share (EPS): $0.06 on a GAAP basis, up from $0.01 in the same period last year.
  • Adjusted EPS: $0.09, an increase of 801 TP3T from the same period last year.
  • Operating income: $153.39 million on a GAAP basis, operating margin of 161 TP3T.

Performance by Segment

  • Commercial Sales: $370.7M, up 331 TP3T from the same period last year.
    • In particular, the U.S. commercial sector increased by 551 TP3T to $159 million.
    • The number of U.S. commercial customers was 295, an increase of 831 TP3T over the same period last year.
  • Government Sector Sales: $371 million, an increase of 231 TP3T over the same period last year.

Other important matters

  • contract: 27 contracts worth more than $10 million were signed.
  • Number of Clients: 411 TP3T increase overall and 71 TP3T increase per quarter.
  • Cash Flow: Cash flow from operating activities was $144.18 million, and adjusted free cash flow was $148.66 million.

Future Outlook

  • Third Quarter Sales Forecast: $697 million to $701 million.
  • Sales forecast for full year 2024: Revised upward from $2.742 billion to $2.75 billion.
  • U.S. Commercial Sales Growth Projections: Expect growth of more than 471 TP3T.

Palantir has shown strong revenue growth in the second quarter of 2024, with particular note of significant expansion in the commercial sector. The government sector is also showing strong revenue growth and is expected to continue to grow; the company's AI-based solution offerings are making it much more competitive.

Summary of Palantir Technologies' Financial Results

A summary of Palantir's financial results from past to present.

Which brokerage firms can I buy shares of Palantir Technologies?

The following is a list of major brokerage firms that offer Palantir Technologies shares. At these brokerages, you can choose to invest as a CFD (Contract for Difference) as well as directly as a foreign stock.

I myself mainly use SBI Securities, but some stocks they handle may not be available for purchase. In such cases, I sometimes use CFDs at Saxo Bank Securities or IG Securities.

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Brokerage firms where you can buy shares of Palantir Technologies, Inc.

summary

We have delved into the details of Palantir Technologies' (PLTR) business, its unique characteristics, competitive advantages, and earnings growth.

Palantir's competitive advantage lies in its reliability and technological edge in the government and commercial sectors. In particular, we combine advanced technologies in data integration and visualization, AI and machine learning to help our clients solve complex problems quickly and effectively.

Since achieving profitability, Palantir has shown remarkable growth potential and is expected to continue its momentum based on its overwhelming competitive advantage.

I started buying Palantir stock at the $9 level and it has shown wonderful growth. I am looking forward to the long term.

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