Palantir Technologies Inc. Class A Common Stock (PLTR)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 310,403 | 119,966 | -161,201 | -411,046 | -1,173,680 |
Revenue | US$ in thousands | 2,865,510 | 2,225,010 | 1,905,870 | 1,541,890 | 1,092,670 |
Operating profit margin | 10.83% | 5.39% | -8.46% | -26.66% | -107.41% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $310,403K ÷ $2,865,510K
= 10.83%
The operating profit margin of Palantir Technologies Inc. Class A Common Stock has shown a significant improvement over the past few years.
As of December 31, 2020, the operating profit margin was negative at -107.41%, indicating that the company was incurring significant operating losses. However, by December 31, 2024, the operating profit margin had improved to 10.83%, reflecting a positive trend in the company's operational efficiency and profitability.
This improvement suggests that Palantir Technologies Inc. has been able to better manage its operating expenses and generate higher revenues relative to its costs. The positive operating profit margin as of December 31, 2024, indicates that the company is more effectively converting its revenues into profits after accounting for operating expenses.
Overall, the positive trend in operating profit margin demonstrates a positive trajectory for Palantir Technologies Inc. Class A Common Stock in terms of its operational performance and financial health over the analyzed period.
Peer comparison
Dec 31, 2024
See also:
Palantir Technologies Inc. Class A Common Stock Operating Profit Margin