Palantir Technologies (PLTR) Revenue — Quarter Ended Sep 30, 2023
Revenue increased in the quarter, extending the growth trajectory seen in prior periods.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased in the quarter, extending the growth trajectory seen in prior periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$558.2M
Revenue reported for this quarter.
Quarter-over-quarter
+4.7%
Change from the immediately preceding quarter.
Year-over-year
+16.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.1B
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 |
|---|---|---|
| Dec 31, 2022 | $508.6M | +17.5% |
| Mar 31, 2023 | $525.2M | +17.7% |
| Jun 30, 2023 | $533.3M | +12.7% |
| Sep 30, 2023 | $558.2M | +16.8% |
Revenue performance
Compared to the immediately preceding quarter, revenue registered a sequential increase.
Quarterly comparison
On an annual basis, revenue was higher than the same quarter one year earlier, reflecting sustained expansion.
What to watch
Monitor the company's ability to maintain positive cash flow from operations given historical losses.