Palantir Technologies (PLTR) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter ended March 31, 2025 increased compared to both the immediately preceding quarter and the same quarter one year earlier. The reported revenue direction was upward.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter ended March 31, 2025 increased compared to both the immediately preceding quarter and the same quarter one year earlier. The reported revenue direction was upward.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$883.9M
Revenue reported for this quarter.
Quarter-over-quarter
+6.8%
Change from the immediately preceding quarter.
Year-over-year
+39.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$3.1B
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 |
|---|---|---|
| Jun 30, 2024 | $678.1M | +27.2% |
| Sep 30, 2024 | $725.5M | +30.0% |
| Dec 31, 2024 | $827.5M | +36.0% |
| Mar 31, 2025 | $883.9M | +39.3% |
Revenue performance
Quarterly revenue continued to rise from the prior quarter, extending a multi-quarter trend of sequential growth. The year-over-year comparison also showed a substantial increase.
Quarterly comparison
Compared with the immediately preceding quarter, revenue was higher. Compared with the same quarter one year earlier, revenue was also higher.
What to watch
The accumulated deficit remained substantial despite the revenue growth and positive operating cash flow.