Palantir Technologies (PLTR) Revenue — Quarter Ended Dec 31, 2023
Revenue increased for the quarter. This marks the highest quarterly revenue in the trailing twelve months.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased for the quarter. This marks the highest quarterly revenue in the trailing twelve months.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$608.4M
Revenue reported for this quarter.
Quarter-over-quarter
+9.0%
Change from the immediately preceding quarter.
Year-over-year
+19.6%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.2B
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 |
|---|---|---|
| Mar 31, 2023 | $525.2M | +17.7% |
| Jun 30, 2023 | $533.3M | +12.7% |
| Sep 30, 2023 | $558.2M | +16.8% |
| Dec 31, 2023 | $608.4M | +19.6% |
Revenue performance
Revenue rose compared to the immediately preceding quarter. The increase was smaller than the year-over-year growth rate.
Quarterly comparison
Revenue was higher than both the previous quarter and the same quarter one year earlier. The year-over-year gain was larger than the sequential gain.
What to watch
The company noted positive cash flow from operations for the full year but reported a substantial accumulated deficit.