Palantir Technologies (PLTR) Revenue — Quarter Ended Dec 31, 2024
Revenue increased sequentially and year-over-year. The company generated positive cash flow from operations for the full year.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue increased sequentially and year-over-year. The company generated positive cash flow from operations for the full year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$827.5M
Revenue reported for this quarter.
Quarter-over-quarter
+14.1%
Change from the immediately preceding quarter.
Year-over-year
+36.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$2.9B
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, 2024 | $634.3M | +20.8% |
| Jun 30, 2024 | $678.1M | +27.2% |
| Sep 30, 2024 | $725.5M | +30.0% |
| Dec 31, 2024 | $827.5M | +36.0% |
Revenue performance
The reported quarter's revenue was the highest among the last four quarters, continuing an upward trend.
Quarterly comparison
Revenue rose from the preceding quarter and increased at a faster pace compared to the same quarter last year.
What to watch
Monitor the sustainability of revenue growth given the company's accumulated deficit and fluctuating cash flows.