Palantir Technologies Inc.

PLTR

Palantir Technologies Inc.

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Palantir Technologies Inc..

R40: 99 · 2024 Q4 $316.39B
$123.06
News

Coverage

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Rule of 40 2024 Q4
98.6
✓ Passing
Revenue Growth YoY +36.2%
+
FCF Margin +62.4%
History
54
Q1
30
Q2
42
Q3
70
Q4
2023 R40 +49
44
Q1
65
Q2
90
Q3
99
Q4
2024 R40 +76
ANALYST RATINGS
Buy Avg target withheld — over 90 days old
Latest analyst action Feb 11, 2026
PLTR
Daiwa Securities
Buy $180
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2026-02-10
Robert W. Baird
Outperform $200
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2026-02-03
Northland Capital
Outperform $190
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2026-02-03
HSBC Securities
Buy $205
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2026-02-03
Citigroup
Buy $235
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2026-01-12

See all 18 ratings →

Company timeline

Earnings release dates

Quarter End date Publication date Release
2026 Q2 2026-06-30 2026-08-03 Details →
2026 Q1 2026-03-31 2026-05-04 Details →
2025 Q4 2025-12-31 2026-02-02 Details →
2025 Q3 2025-09-30 2025-11-03 Details →
2025 Q2 2025-06-30 2025-08-04 Details →
2025 Q1 2025-03-31 2025-05-05 Details →
2024 Q4 2024-12-31 2025-02-03 Details →
2024 Q3 2024-09-30 2024-11-04 Details →
2024 Q2 2024-06-30 2024-08-05 Details →
2024 Q1 2024-03-31 2024-05-06 Details →
2023 Q4 2023-12-31 2024-02-05 Details →
2023 Q3 2023-09-30 2023-11-02 Details →
2023 Q2 2023-06-30 2023-08-07 Details →
2023 Q1 2023-03-31 2023-05-08 Details →

All PLTR earnings →

Background

Company History

Exchange
NYSE
IPO Date
Sep 30, 2020
IPO Price
$10.00
as issued; not split-adjusted, so not comparable to the current price
Shares Outstanding
2.57B
2003
Founding

Founded on May 6, 2003, by Peter Thiel, Stephen Cohen, Alex Karp, Joe Lonsdale, and Nathan Gettings, initially bankrolled by Thiel to develop data analysis software inspired by PayPal fraud detection.

2004
Prototype and Early Backing

Thiel funded a prototype; Alex Karp hired as CEO, with In-Q-Tel

2010
Government Partnerships

Partnered with Thomson Reuters and credited by Vice President Joe Biden for aiding fraud detection.

2013
Major Funding and Client Expansion

Raised over $196 million, valued at $9 billion; clients included CIA, DHS, NSA, FBI, linking siloed databases.

2020
IPO

Completed IPO on NYSE under ticker PLTR, aiming to become default operating system across the US.

2023
First GAAP Profit

Reported first positive GAAP net income of $31 million in Q1 2023, achieving profitability after ~20 years.

2024
Major Navy Contract

Awarded nearly $1 billion Navy contract.

2024
S&P 500 Inclusion

Added to S&P 500 index, boosting share price; transferred stock listing to Nasdaq.

Leadership

Key Players

Alex Karp
Chief Executive Officer
@alexkarp
Co-founder and CEO since 2003. Holds a J.D. from Stanford Law School and a Ph.D. from Goethe University Frankfurt. Known for his unconventional leadership style and focus on building software for government and commercial institutions.
Peter Thiel
Chairman of the Board Board
@peterthiel
Co-founder of Palantir and Chairman of the Board. Also co-founded PayPal and was the first outside investor in Facebook. Prominent venture capitalist and author of "Zero to One."
Shyam Sankar
Chief Technology Officer
@shyaborgs
CTO overseeing Palantir's technology strategy and product development. Key architect behind Palantir's AI Platform (AIP) and the company's pivot toward commercial AI adoption.
Dave Glazer
Chief Financial Officer
CFO managing Palantir's financial planning, investor relations, and capital allocation. Previously held senior finance roles at other technology companies.
Raj Shah
Chief Operating Officer
COO overseeing Palantir's business operations. Former Managing Partner at Shield Capital and former head of the Defense Innovation Unit (DIU) at the Pentagon.
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