FINHUB Insights

PLTR · Q3 FY24 · Jul 1 – Sep 30, 2024

Palantir Technologies Q3 FY24: where the revenue came from and where it went

Palantir Technologies Q3 FY24: revenue $0.7B (+30% year over year). Net profit $0.1B. Largest cohort Government Operating $0.4B. The whole income statement as a sankey diagram from the SEC filing.

Period
Jul 1 – Sep 30, 2024
Reported
Nov 5, 2024 10-Q
Sankey diagram of Palantir Technologies's income statement for Q3 FY24: revenue of $0.7 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$0.7B +30% year over year
Gross profit$0.6B 80% margin
Operating profit$0.1B 16% margin
Net profit$0.1B 20% margin

The numbers

All figures in billions of U.S. dollars, for Q3 FY24 (period ends Sep 30, 2024).
ItemValueShare of revenueYear over year
Revenue 0.7 100% +30%
Government Operating 0.4 57% +33%
Commercial 0.3 43% +27%
Cost of revenue−0.114%
Gross profit0.680% margin−1pp
Research & development−0.116%−3pp
Sales & marketing−0.229%−3pp
G&A−0.119%−4pp
Operating profit0.116% margin+8pp
Net profit0.120%+7pp
Filing on EDGAR More quarters of PLTR

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

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