Palantir Technologies Inc. Class A Common Stock (PLTR)

Net profit margin

		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
Net income (ttm)	US$ in thousands	476,572	404,552	298,553	209,825	147,312	-48,068	-255,524	-373,705	-560,771	-539,033	-498,284	-520,379	-512,534	-1,263,716
Revenue (ttm)	US$ in thousands	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
Net profit margin		18.01%	16.32%	12.79%	9.43%	6.93%	-2.35%	-12.87%	-19.61%	-30.64%	-30.90%	-30.25%	-33.75%	-35.81%	-95.14%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $476,572K ÷ $2,646,338K
= 18.01%

The net profit margin of Palantir Technologies Inc. Class A Common Stock has seen fluctuations over the past several quarters. The trend shows a significant improvement since the end of 2021, with the net profit margin increasing from -95.14% in June 2021 to 18.01% in September 2024. This indicates that the company has been able to generate more profit relative to its revenue in recent quarters.

The positive trend in the net profit margin suggests that Palantir has been managing its expenses more efficiently or increasing its revenue. The company's profitability has steadily increased, reaching double-digit margins by the first quarter of 2023 and further improving to over 18% by the third quarter of 2024.

Overall, the improving net profit margin of Palantir Technologies Inc. Class A Common Stock reflects positively on the company's financial performance and management efficiency in generating profits from its operations.