PLTR

Palantir Technologies Inc.

Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Palantir Technologies Inc..

R40: 99$381.70B
$148.46+2.18 (+1.49%)● Live
Current Narrative

Palantir trending as growth stock post-earnings with strong 61%+ 2026 guidance. Volatile with recent sell-offs amid AI/software risk-off, but seen as long-term AI play. Citi upgrade on enterprise/government demand acceleration provides bull case. Government push raises liberty concerns with ICE database usage.

Rule of 402024 Q4
98.6
✓ Passing
Revenue Growth YoY+36.2%
+
FCF Margin+62.4%
History
54
Q1
30
Q2
42
Q3
70
Q4
2023 R40 +49
44
Q1
65
Q2
90
Q3
99
Q4
2024 R40 +76
ANALYST RATINGS
Buy$184
PLTR
Buy$180
Upgrade
2026-02-10
Outperform$200
Upgrade
2026-02-03
Outperform$190
Upgrade
2026-02-03
Buy$205
Upgrade
2026-02-03
Buy$235
Upgrade
2026-01-12
Company timeline

Earnings release dates

QuarterEnd datePublication dateSource
2024 Q42024-12-312025-02-03Link
2024 Q32024-09-302024-11-04Link
2024 Q22024-06-302024-08-05Link
2024 Q12024-03-312024-05-06Link
2023 Q42023-12-312024-02-05Link
2023 Q32023-09-302023-11-02Link
2023 Q22023-06-302023-08-07Link
2023 Q12023-03-312023-05-08Link
Background

Company History

ExchangeNYSE
IPO DateSep 30, 2020
IPO Price$10.00
Shares Outstanding2.57Bi
2003
Founding
Founded on May 6, 2003, by Peter Thiel, Stephen Cohen, Alex Karp, Joe Lonsdale, and Nathan Gettings, initially bankrolled by Thiel to develop data analysis software inspired by PayPal fraud detection.
2004
Prototype and Early Backing
Thiel funded a prototype; Alex Karp hired as CEO, with In-Q-Tel
2010
Government Partnerships
Partnered with Thomson Reuters and credited by Vice President Joe Biden for aiding fraud detection.
2013
Major Funding and Client Expansion
Raised over $196 million, valued at $9 billion; clients included CIA, DHS, NSA, FBI, linking siloed databases.
2020
IPO
Completed IPO on NYSE under ticker PLTR, aiming to become default operating system across the US.
2023
First GAAP Profit
Reported first positive GAAP net income of $31 million in Q1 2023, achieving profitability after ~20 years.
2024
S&P 500 Inclusion
Added to S&P 500 index, boosting share price; transferred stock listing to Nasdaq.
2024
Major Navy Contract
Awarded nearly $1 billion Navy contract.
Leadership

Key Players

Alex Karp
Chief Executive Officer
@alexkarp
Co-founder and CEO since 2003. Holds a J.D. from Stanford Law School and a Ph.D. from Goethe University Frankfurt. Known for his unconventional leadership style and focus on building software for government and commercial institutions.
Peter Thiel
Chairman of the Board
@peterthiel
Co-founder of Palantir and Chairman of the Board. Also co-founded PayPal and was the first outside investor in Facebook. Prominent venture capitalist and author of "Zero to One."
Shyam Sankar
Chief Technology Officer
@shyaborgs
CTO overseeing Palantir's technology strategy and product development. Key architect behind Palantir's AI Platform (AIP) and the company's pivot toward commercial AI adoption.
Dave Glazer
Chief Financial Officer
CFO managing Palantir's financial planning, investor relations, and capital allocation. Previously held senior finance roles at other technology companies.
Raj Shah
Chief Operating Officer
COO overseeing Palantir's business operations. Former Managing Partner at Shield Capital and former head of the Defense Innovation Unit (DIU) at the Pentagon.
Short Interest

Short interest data unavailable for PLTR.