Palantir Technologies Inc. Class A Common Stock (PLTR)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	2,299,517	2,146,242	2,017,602	1,894,448	1,793,907	1,698,509	1,618,541	1,562,909	1,497,322	1,438,313	1,373,386	1,287,316	1,202,485	1,108,769	943,453	842,216	740,126	641,994	627,436	563,688
Revenue (ttm)	US$ in thousands	2,865,507	2,646,338	2,478,981	2,334,164	2,225,012	2,125,286	2,045,007	1,984,700	1,905,871	1,830,114	1,744,380	1,647,012	1,541,889	1,431,113	1,328,333	1,204,580	1,092,673	999,940	901,115	825,546
Gross profit margin		80.25%	81.10%	81.39%	81.16%	80.62%	79.92%	79.15%	78.75%	78.56%	78.59%	78.73%	78.16%	77.99%	77.48%	71.03%	69.92%	67.74%	64.20%	69.63%	68.28%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,299,517K ÷ $2,865,507K
= 80.25%

The gross profit margin of Palantir Technologies Inc. Class A Common Stock has shown a generally increasing trend over the analyzed period from March 31, 2020, to December 31, 2024. Starting at 68.28% in March 2020, the gross profit margin increased gradually, reaching a peak of 81.39% by June 30, 2024. This indicates that the company has been able to efficiently control its production costs and generate a higher percentage of revenue as gross profit over time. However, there was a slight dip in the margin in the last quarter of 2024, with the gross profit margin decreasing to 80.25%. Overall, the upward trend in the gross profit margin reflects positively on the company's operational efficiency and profitability during the period under review.