Palantir Technologies Inc. Class A Common Stock (PLTR)

Operating 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
Operating income (ttm)	US$ in thousands	365,154	291,997	196,732	119,966	36,346	-65,828	-117,647	-161,201	-202,318	-232,068	-336,471	-411,046	-508,675	-1,264,511
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
Operating profit margin		13.80%	11.78%	8.43%	5.39%	1.71%	-3.22%	-5.93%	-8.46%	-11.05%	-13.30%	-20.43%	-26.66%	-35.54%	-95.20%

September 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $365,154K ÷ $2,646,338K
= 13.80%

The operating profit margin of Palantir Technologies Inc. Class A Common Stock has shown a positive trend over the past quarters. From a low of -95.20% in June 2021, the operating profit margin has steadily improved to reach 13.80% in September 2024. This upward trend indicates efficiency in controlling operating expenses and generating profits from core business activities.

The company has made significant progress in enhancing operational efficiency and cost management, leading to improved profitability. The consistent increase in operating profit margin reflects management's effective strategies in optimizing resources and driving revenue growth.

Investors and stakeholders may view this positive trend favorably as it suggests a strengthening financial performance and sustainable profitability for Palantir Technologies Inc. Class A Common Stock. However, it is essential to continue monitoring the operating profit margin to assess the company's ability to maintain and further improve its operational efficiency over time.