Palantir Technologies Inc. Class A Common Stock (PLTR)
Net 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 | ||
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Net income (ttm) | US$ in thousands | 462,190 | 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 | -1,235,591 | -1,166,391 | -1,177,375 | -463,916 | -487,527 |
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 |
Net profit margin | 16.13% | 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% | -102.57% | -106.75% | -117.74% | -51.48% | -59.06% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $462,190K ÷ $2,865,507K
= 16.13%
Palantir Technologies Inc. Class A Common Stock has shown significant improvement in its net profit margin over the past few years. The company experienced consistently negative margins from March 2020 to September 2022, indicating challenges in generating profits relative to its revenue during this period. However, starting from December 2022, Palantir's net profit margin began to improve gradually.
By March 2024, the net profit margin turned positive at 12.79%, signifying a notable turnaround in the company's profitability. This positive trend continued with margins increasing to 16.32% by June 2024 and further to 18.01% by September 2024. Although there was a slight decline to 16.13% by December 2024, the overall trend indicates a positive shift in Palantir's ability to convert revenue into profits.
This improvement in net profit margin suggests that Palantir has been able to manage its costs more effectively or enhance its pricing strategies, resulting in higher profitability. Investors may view this trend positively as it indicates the company's growing efficiency and potential for higher earnings in the future.
Peer comparison
Dec 31, 2024
See also:
Palantir Technologies Inc. Class A Common Stock Net Profit Margin (Quarterly Data)