Palantir Technologies Inc. (PLTR) FY2024 Annual P&L / Income Statement

Palantir Technologies Inc. (PLTR) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Revenue

2,865,507,000 US dollars

Cost of revenue

565,990,000 US dollars

Gross profit

2,299,517,000 US dollars

Total operating expenses

1,989,114,000 US dollars

Income (loss) from operations

310,403,000 US dollars

Other income (expense), net (calculated)

178,770,000 US dollars

Income (loss) before provision for income taxes

489,173,000 US dollars

Provision for income taxes

21,255,000 US dollars

Net income (loss)

467,918,000 US dollars

Government Operating Segment

1,569,605,000 US dollars

Commercial

1,295,902,000 US dollars

Sales and marketing

887,755,000 US dollars

Research and development

507,878,000 US dollars

General and administrative

593,481,000 US dollars

Chart connections

• Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
• Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
• Of which attributable to Palantir Technologies Inc.: $462.19 M; to noncontrolling interests: $5.73 M.