The earnings call reflected a strong positive sentiment with significant revenue growth, especially in the U.S. market, driven by the AI revolution and strong government contracts. Despite some challenges in Europe and a decline in strategic contract revenue, the overall performance was exceptional, marked by record operating margins and high net dollar retention.

Company Guidance

In the Palantir Fourth Quarter 2024 Earnings Call, the company reported impressive financial metrics and growth figures. Palantir achieved a 36% year-over-year revenue increase in Q4 and a 29% rise for the full year, with U.S. business driving much of this success. The U.S. commercial revenue grew by 64% year-over-year and 20% sequentially in Q4. Additionally, the company closed $1.8 billion in total contract value (TCV) during the quarter, marking a 56% increase year-over-year. Palantir's Rule of 40 score surged to 81, and they reported a record $517 million in adjusted free cash flow for Q4, representing a 63% margin. For fiscal year 2025, they are guiding to a midpoint revenue of $3.749 billion, reflecting a growth rate of 31%. Despite the challenges, Palantir's unique positioning in the AI and enterprise software landscapes, particularly through its ontology framework, continues to drive significant demand and expansion opportunities.

Exceptional Revenue Growth

Revenue grew 14% sequentially and 36% year-over-year in Q4, with full-year growth at 29% year-over-year. U.S. business led with a 52% year-over-year increase in Q4.

AI Revolution and Customer Expansion

Closed $1.8 billion of TCV in Q4, a 56% increase year-over-year, with 32 deals worth $10 million or more. U.S. commercial revenue grew 64% year-over-year.

Strong Government and International Performance

U.S. government revenue grew 45% year-over-year. Notable deals include extensions with the U.S. Army and U.S. Special Operations Command.

Record Operating Margins and Cash Flow

Adjusted operating margin expanded to 45%, the strongest in the company's history. Adjusted free cash flow for Q4 was $517 million, representing a 63% margin.

High Net Dollar Retention

Net dollar retention was 120%, driven by expansions at existing customers and new customers acquired.

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Palantir Technologies (PLTR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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PLTR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 12, 2025	2025 (Q1)	0.13 / -	0.08	―	―	―
Feb 03, 2025	2024 (Q4)	0.11 / 0.14	0.08	75.00% (+0.06)
Nov 04, 2024	2024 (Q3)	0.09 / 0.10	0.07	42.86% (+0.03)
Aug 05, 2024	2024 (Q2)	0.08 / 0.09	0.05	80.00% (+0.04)
May 06, 2024	2024 (Q1)	0.08 / 0.08	0.05	60.00% (+0.03)
Feb 05, 2024	2023 (Q4)	0.08 / 0.08	0.04	100.00% (+0.04)
Nov 02, 2023	2023 (Q3)	0.06 / 0.07	0.01	600.00% (+0.06)
Aug 07, 2023	2023 (Q2)	0.05 / 0.05	-0.01	600.00% (+0.06)
May 08, 2023	2023 (Q1)	0.04 / 0.05	0.02	150.00% (+0.03)
Feb 13, 2023	2022 (Q4)	0.03 / 0.04	0.02	100.00% (+0.02)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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PLTR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 03, 2025	$83.74	$103.83	+23.99%
Nov 04, 2024	$41.41	$51.13	+23.47%
Aug 05, 2024	$24.09	$26.59	+10.38%
May 06, 2024	$25.21	$21.40	-15.11%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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