Palantir Technologies Inc. Class A Common Stock (PLTR)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	462,190	209,825	-373,705	-520,379	-1,166,390
Revenue	US$ in thousands	2,865,510	2,225,010	1,905,870	1,541,890	1,092,670
Net profit margin		16.13%	9.43%	-19.61%	-33.75%	-106.75%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $462,190K ÷ $2,865,510K
= 16.13%

The net profit margin of Palantir Technologies Inc. Class A Common Stock has shown significant improvement over the years based on the data provided.

As of December 31, 2020, the net profit margin was at a very concerning -106.75%, indicating that the company was experiencing significant losses exceeding its revenue.

By December 31, 2021, the net profit margin improved to -33.75%, still negative but showing a notable reduction in losses compared to the previous year.

Further progress was made by December 31, 2022, with the net profit margin decreasing to -19.61%, signaling that the company was moving towards profitability and managing its expenses more efficiently.

A significant turning point was observed by December 31, 2023, when the net profit margin turned positive at 9.43%, indicating that the company had successfully generated profit relative to its revenue.

Continuing this positive trend, the net profit margin increased to 16.13% by December 31, 2024, reflecting an even healthier profitability for Palantir Technologies Inc. Class A Common Stock.

Overall, the trend in the net profit margin demonstrates the company's improving financial performance and management effectiveness in controlling costs and increasing profitability over the years.