Q4 24 EPS
$0.14
BEAT +23.67%
Est. $0.11
Q4 24 Revenue
$827.5M
BEAT +7.60%
Est. $769.1M
vs S&P Since Q4 24
+20.4%
BEATING MARKET
PLTR +40.2% vs S&P +19.8%
Full Year 2024 Results
FY 24 EPS
$0.41
BEAT +7.02%
Est. $0.38
FY 24 Revenue
$2.87B
BEAT +2.08%
Est. $2.81B
Market Reaction
Did PLTR Beat Earnings? Q4 2024 Results
Palantir delivered a blowout fourth quarter, posting adjusted EPS of $0.14 against a consensus estimate of $0.11, a beat of 23.67%, while revenue climbed 36% year-over-year to $827.52 million, well ahead of the $769.10 million analysts had expected. … Read more Palantir delivered a blowout fourth quarter, posting adjusted EPS of $0.14 against a consensus estimate of $0.11, a beat of 23.67%, while revenue climbed 36% year-over-year to $827.52 million, well ahead of the $769.10 million analysts had expected. The standout driver was the company's U.S. Commercial business, which surged 64% year-over-year and 20% sequentially to $214 million, with a record $803 million in U.S. Commercial total contract value, up 134% year-over-year, underscoring the accelerating demand for Palantir's AI platform. Adjusted operating margin reached 45%, and the company generated $517.38 million in adjusted free cash flow, capping a year in which full-year revenue hit $2.87 billion. Investors had been anticipating a strong move in the stock, and the results gave them plenty of reason; shares surged more than 23% in after-hours trading. Looking ahead, Palantir guided full-year 2025 revenue to $3.74 to $3.76 billion, representing approximately 31% growth, with U.S. Commercial revenue expected to exceed $1.08 billion.
Key Takeaways
- • U.S. commercial revenue grew 64% Y/Y and 20% Q/Q to $214 million
- • U.S. government revenue grew 45% Y/Y to $343 million
- • Record-setting $803 million of U.S. commercial total contract value, up 134% Y/Y
- • Customer count grew 43% Y/Y and 13% Q/Q
- • Closed 129 deals of at least $1 million, 58 deals of at least $5 million, and 32 deals of at least $10 million
- • Rule of 40 score of 81%
PLTR YoY Financials
Q4 2024 vs Q4 2023, source: SEC Filings
PLTR Revenue by Segment
With YoY comparisons, source: SEC Filings
PLTR Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our business results continue to astound, demonstrating our deepening position at the center of the AI revolution. Our early insights surrounding the commoditization of large language models have evolved from theory to fact.”
— Alexander C. Karp, Q4 2024 Earnings Press Release
PLTR Earnings Trends
PLTR vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
PLTR EPS Trend
Earnings per share: estimate vs actual
PLTR Revenue Trend
Quarterly revenue: estimate vs actual
PLTR Quarterly Results
8 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 25 BEAT FY | $0.18 | $0.25 | +38.89% | $1.41B | +5.74% |
| FY Full Year | $0.73 | $0.75 | +3.45% | $4.48B | +1.74% |
| Q3 25 BEAT | $0.17 | $0.21 | +25.45% | $1.18B | +8.19% |
| Q2 25 BEAT | $0.14 | $0.16 | +15.52% | $1.00B | +6.84% |
| Q1 25 BEAT | $0.13 | $0.13 | +1.09% | $883.9M | +2.52% |
| Q4 24 BEAT FY | $0.11 | $0.14 | +23.67% | $827.5M | +7.60% |
| FY Full Year | $0.38 | $0.41 | +7.02% | $2.87B | +2.08% |
| Q3 24 BEAT | $0.09 | $0.10 | +11.11% | $725.5M | +3.48% |
| Q2 24 BEAT | $0.08 | $0.09 | +12.50% | $678.1M | +3.99% |
| Q1 24 BEAT | $0.08 | $0.08 | +0.00% | $634.3M | +0.00% |