Palantir Technologies (PLTR) 10-K Summary — Year Ended Dec 31, 2024
The filing reports revenue growth and positive operating income and cash flow. The company maintains a strong liquidity position with no debt.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
The filing reports revenue growth and positive operating income and cash flow. The company maintains a strong liquidity position with no debt.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$2.9B
Revenue reported for the fiscal year.
Operating income
$310.4M
Income from operations reported for the year.
Net income
$462.2M
Net income reported for the year.
Operating cash flow
$1.2B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $1.5B | n/a |
| Dec 31, 2022 | $1.9B | +23.6% |
| Dec 31, 2023 | $2.2B | +16.7% |
| Dec 31, 2024 | $2.9B | +28.8% |
Business overview
The business overview section is referenced in the filing but its content is not provided in the supplied data. The company's operations are not described in the available context.
Financial performance
Revenue increased compared to the prior year, and the company reported positive operating income and net income. Operating cash flow was also positive.
Material risks
No specific risk factors are detailed in the supplied filing sections. The filing references a risk factors section but its content is not included.
Liquidity and capital
The company has strong liquidity with significant cash and cash equivalents and no outstanding debt. It also has an undrawn credit facility and has been repurchasing shares.
What to watch
Monitor whether the company can sustain its positive operating cash flow and reduce its accumulated deficit in the next filing.