Palantir Technologies Inc. Class A Common Stock (PLTR)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	209,825	-373,705	-520,379	-1,166,390
Revenue	US$ in thousands	2,225,010	1,905,870	1,541,890	1,092,670
Net profit margin		9.43%	-19.61%	-33.75%	-106.75%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $209,825K ÷ $2,225,010K
= 9.43%

The net profit margin of Palantir Technologies Inc. Class A Common Stock has shown significant improvement over the past four years. The company experienced a substantial increase in net profit margin from -106.75% in 2020 to 9.43% in 2023, indicating a positive trend towards profitability. However, it is worth noting that in 2021 and 2022, the company's net profit margin was in negative territory, showing losses rather than profits. Overall, the positive trajectory of the net profit margin suggests that Palantir Technologies Inc. has been able to enhance its operational efficiency and generate better profitability in recent years.