Palantir Technologies (PLTR) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The sequential growth continued the positive trajectory observed in recent quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to both the prior quarter and the same quarter a year ago. The sequential growth continued the positive trajectory observed in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$678.1M
Revenue reported for this quarter.
Quarter-over-quarter
+6.9%
Change from the immediately preceding quarter.
Year-over-year
+27.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.5B
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, 2023 | $558.2M | +16.8% |
| Dec 31, 2023 | $608.4M | +19.6% |
| Mar 31, 2024 | $634.3M | +20.8% |
| Jun 30, 2024 | $678.1M | +27.2% |
Revenue performance
Reported revenue rose, reflecting higher year-over-year and sequential performance. The pace of year-over-year growth accelerated compared to the prior quarter.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. Compared to the same quarter one year earlier, revenue also increased.
What to watch
No forward-looking guidance or management commentary is provided in the supplied filing context for this quarter.