Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Palantir Technologies Inc., consolidated balance sheet: liabilities and stockholders’ equity

US$ in thousands

	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Accounts payable	103)	12,122)	44,788)	74,907)	16,358)
Accrued payroll and related expenses	306,939)	83,094)	43,495)	60,732)	85,466)
Accrued taxes	42,243)	47,257)	41,326)	22,550)	—)
Accrued other liabilities	77,864)	92,640)	87,894)	72,524)	73,080)
Accrued liabilities	427,046)	222,991)	172,715)	155,806)	158,546)
Deferred revenue, current	259,624)	246,901)	183,350)	227,816)	189,520)
Customer deposits, current	265,252)	209,828)	141,989)	161,605)	210,320)
Operating lease liabilities, current	43,993)	54,176)	45,099)	39,927)	29,079)
Current liabilities	996,018)	746,018)	587,941)	660,061)	603,823)
Deferred revenue, noncurrent	39,885)	28,047)	9,965)	40,217)	50,525)
Customer deposits, noncurrent	1,663)	1,477)	3,936)	33,699)	81,513)
Debt, noncurrent, net	—)	—)	—)	—)	197,977)
Operating lease liabilities, noncurrent	195,226)	175,216)	204,305)	220,146)	229,800)
Other noncurrent liabilities	13,685)	10,702)	12,655)	2,297)	4,316)
Noncurrent liabilities	250,459)	215,442)	230,861)	296,359)	564,131)
Total liabilities	1,246,477)	961,460)	818,802)	956,420)	1,167,954)
Common stock, $0.001 par value	2,339)	2,200)	2,099)	2,027)	1,792)
Additional paid-in capital	10,193,970)	9,122,173)	8,427,998)	7,777,085)	6,488,857)
Accumulated other comprehensive income (loss), net	(5,611)	801)	(5,333)	(2,349)	(2,745)
Accumulated deficit	(5,187,423)	(5,649,613)	(5,859,438)	(5,485,733)	(4,965,354)
Total Palantir’s stockholders’ equity	5,003,275)	3,475,561)	2,565,326)	2,291,030)	1,522,550)
Noncontrolling interests	91,132)	85,404)	77,111)	—)	—)
Total equity	5,094,407)	3,560,965)	2,642,437)	2,291,030)	1,522,550)
Total liabilities and equity	6,340,884)	4,522,425)	3,461,239)	3,247,450)	2,690,504)

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

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Balance sheet item	Description	The company
Current liabilities	Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.	Palantir Technologies Inc. current liabilities increased from 2022 to 2023 and from 2023 to 2024.
Noncurrent liabilities	Amount of obligation due after one year or beyond the normal operating cycle, if longer.	Palantir Technologies Inc. noncurrent liabilities decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Total liabilities	Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.	Palantir Technologies Inc. total liabilities increased from 2022 to 2023 and from 2023 to 2024.
Total Palantir’s stockholders’ equity	Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity.	Palantir Technologies Inc. total Palantir’s stockholders’ equity increased from 2022 to 2023 and from 2023 to 2024.

Palantir Technologies Inc. (NASDAQ:PLTR)

Balance Sheet: Liabilities and Stockholders’ Equity