Stock Analysis on Net
Stock Analysis on Net

Palantir Technologies Inc. (NASDAQ:PLTR)

Common-Size Income Statement

Palantir Technologies Inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Revenue 100.00 100.00 100.00 100.00 100.00
Cost of revenue -19.75 -19.38 -21.44 -22.01 -32.26
Gross profit 80.25% 80.62% 78.56% 77.99% 67.74%
Sales and marketing -30.98 -33.48 -36.86 -39.85 -62.57
Research and development -17.72 -18.19 -18.87 -25.13 -51.31
General and administrative -20.71 -23.57 -31.29 -39.66 -61.27
Operating expenses -69.42% -75.23% -87.02% -104.65% -175.15%
Income (loss) from operations 10.83% 5.39% -8.46% -26.66% -107.41%
Interest income 6.87 5.96 1.07 0.10 0.43
Interest expense 0.00 -0.16 -0.21 -0.24 -1.29
Other income (expense), net -0.63 -0.54 -11.34 -4.89 0.38
Income (loss) before (provision for) benefit from income taxes 17.07% 10.66% -18.94% -31.68% -107.90%
(Provision for) benefit from income taxes -0.74 -0.89 -0.53 -2.07 1.16
Net income (loss) 16.33% 9.77% -19.47% -33.75% -106.75%
Net income attributable to noncontrolling interests -0.20 -0.34 -0.14 0.00 0.00
Net income (loss) attributable to common stockholders 16.13% 9.43% -19.61% -33.75% -106.75%

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).

Income statement item Description The company
Income (loss) from operations The net result for the period of deducting operating expenses from operating revenues. Palantir Technologies Inc. income (loss) from operations as a percentage of revenue increased from 2022 to 2023 and from 2023 to 2024.
Income (loss) before (provision for) benefit from income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Palantir Technologies Inc. income (loss) before (provision for) benefit from income taxes as a percentage of revenue increased from 2022 to 2023 and from 2023 to 2024.
Net income (loss) attributable to common stockholders The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Palantir Technologies Inc. net income (loss) attributable to common stockholders as a percentage of revenue increased from 2022 to 2023 and from 2023 to 2024.