Stock Analysis on Net
Stock Analysis on Net

Palantir Technologies Inc. (NYSE:PLTR) 

Common-Size Income Statement
Quarterly Data

Palantir Technologies Inc., common-size consolidated income statement (quarterly data)

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3 months ended: 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 Mar 31, 2021
Revenue 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of revenue -20.21 -18.96 -18.33 -17.86 -19.34 -20.04 -20.50 -20.51 -22.52 -21.61 -21.15 -20.23 -22.14 -24.21 -21.72
Gross profit 79.79% 81.04% 81.67% 82.14% 80.66% 79.96% 79.50% 79.49% 77.48% 78.39% 78.85% 79.77% 77.86% 75.79% 78.28%
Sales and marketing -28.87 -29.02 -30.45 -32.44 -31.60 -34.53 -35.62 -37.40 -38.28 -35.70 -35.95 -37.56 -39.13 -43.23 -39.88
Research and development -16.20 -16.04 -17.35 -17.96 -18.94 -18.66 -17.16 -16.13 -21.11 -18.64 -19.85 -19.45 -24.05 -29.42 -28.86
General and administrative -19.12 -20.44 -21.12 -20.92 -22.96 -24.87 -25.94 -29.46 -31.11 -32.87 -31.88 -36.38 -38.13 -42.05 -42.95
Operating expenses -64.19% -65.51% -68.92% -71.33% -73.50% -78.07% -78.72% -83.00% -90.50% -87.21% -87.69% -93.39% -101.31% -114.70% -111.69%
Income (loss) from operations 15.59% 15.53% 12.75% 10.82% 7.16% 1.89% 0.78% -3.50% -13.01% -8.83% -8.84% -13.62% -23.45% -38.91% -33.41%
Interest income 7.18 6.87 6.83 7.32 6.60 5.68 3.97 2.51 1.16 0.31 0.12 0.11 0.10 0.10 0.11
Interest expense 0.00 0.00 0.00 -0.02 -0.13 -0.25 -0.24 -0.34 -0.23 -0.14 -0.13 -0.14 -0.16 -0.16 -0.54
Other income (expense), net -1.12 -1.65 -2.13 -0.65 0.69 -1.69 -0.54 8.78 -13.61 -28.71 -13.41 -14.81 -2.17 0.57 -1.43
Income (loss) before (provision for) benefit from income taxes 21.66% 20.76% 17.46% 17.46% 14.33% 5.63% 3.97% 7.44% -25.69% -37.37% -22.26% -28.46% -25.68% -38.40% -35.28%
(Provision for) benefit from income taxes -1.08 -0.77 -0.73 -1.53 -1.17 -0.41 -0.32 -0.86 -0.23 -0.55 -0.45 -7.62 -0.37 1.51 -0.91
Net income (loss) 20.58% 19.99% 16.72% 15.93% 13.16% 5.23% 3.65% 6.58% -25.92% -37.91% -22.71% -36.08% -26.05% -36.89% -36.18%
Net (income) loss attributable to noncontrolling interests -0.80 -0.21 -0.09 -0.58 -0.35 0.05 -0.45 -0.51 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net income (loss) attributable to common stockholders 19.78% 19.78% 16.64% 15.35% 12.81% 5.27% 3.20% 6.07% -25.92% -37.91% -22.71% -36.08% -26.05% -36.89% -36.18%

Based on: 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31).

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 Q1 2024 to Q2 2024 and from Q2 2024 to Q3 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 Q1 2024 to Q2 2024 and from Q2 2024 to Q3 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 Q1 2024 to Q2 2024 and from Q2 2024 to Q3 2024.