Palantir Technologies (PLTR) Revenue — Quarter Ended Jun 30, 2023
Revenue increased for the quarter, extending the upward trajectory. Both the prior quarter and the same quarter last year were below the current figure.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased for the quarter, extending the upward trajectory. Both the prior quarter and the same quarter last year were below the current figure.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$533.3M
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+12.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $477.9M | +21.9% |
| Dec 31, 2022 | $508.6M | +17.5% |
| Mar 31, 2023 | $525.2M | +17.7% |
| Jun 30, 2023 | $533.3M | +12.7% |
Revenue performance
The reported revenue rose compared with the immediately preceding quarter, marking continued sequential growth.
Quarterly comparison
Revenue also improved compared with the same quarter one year earlier, reflecting a higher base of comparison.
What to watch
The filing context notes positive operating cash flow for the six-month period but does not specify quarter-only cash flow details.