Palantir Technologies Inc. Class A Common Stock (PLTR)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	2,299,520	1,793,910	1,497,320	1,202,480	740,126
Revenue	US$ in thousands	2,865,510	2,225,010	1,905,870	1,541,890	1,092,670
Gross profit margin		80.25%	80.62%	78.56%	77.99%	67.74%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $2,299,520K ÷ $2,865,510K
= 80.25%

The gross profit margin of Palantir Technologies Inc. Class A Common Stock has shown a consistent upward trend over the years, reflecting the company's ability to effectively manage its production costs and generate profits from its core business activities.

Starting at 67.74% in December 2020, the gross profit margin increased to 77.99% in December 2021, demonstrating an improvement in the company's efficiency in producing goods or services. This positive trend continued as the margin increased to 78.56% in December 2022 and further to 80.62% in December 2023, indicating a strengthening of Palantir's profitability and potentially enhancing shareholder value.

While there was a slight decrease to 80.25% in December 2024, the overall trajectory of the gross profit margin suggests that Palantir has been successful in effectively managing its cost of goods sold and enhancing its operational performance. This upward trend in the gross profit margin may signal the company's ability to generate higher revenues relative to its production costs, which could bode well for its financial health and competitiveness in the market.