Palantir Q2 net income $28M; raises FY revenue view above $2.212B; $1B buyback authorized

Palantir Technologies Inc.

2023-Q2 EPS reported $0.02 revenue$1,058,503,000

Q2 revenue $533M (+13% YoY); GAAP EPS $0.01, adjusted EPS $0.05; third consecutive GAAP-profitable quarter.
US commercial revenue grew 20% YoY to $103M; total customer count up 38% YoY.
Full-year 2023 revenue guidance raised to >$2.212B; adjusted income from operations >$576M.
Board authorized $1.0B share repurchase program, subject to profitability conditions.
Cash from operations $90M; adjusted free cash flow $96M; cash and equivalents $3.1B.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Palantir Technologies Inc. reported Second Quarter 2023 results: revenue $533,317 thousand, net income $28,127 thousand, EPS $0.01.

Period: Second Quarter 2023
Revenue: $533,317 thousand
Net income: $28,127 thousand
EPS: $0.01
Result: reported results

Exact text from the filing

a 2% margin ◦ Second consecutive quarter of GAAP operating profitability • GAAP earnings per share (“EPS”) of $0.01 • Adjusted EPS of $0.05 • Revenue grew 13% year-over-year to $533 million • Commercial revenue grew 10% year-over-year to $232 million ◦ US commercial revenue grew 20% year-over-year to $103 million • Government revenue grew 15% year-over-year to $302

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Palantir Technologies Inc. reported Q3 2023 and full year 2023 results: revenue For Q3: $553 - $557 million; for full year 2023: in excess of $2.212 billion. Guidance raised.

Period: Q3 2023 and full year 2023
Revenue: For Q3: $553 - $557 million; for full year 2023: in excess of $2.212 billion
Guidance: raised
Result: guidance update

Exact text from the filing

Outlook For Q3 2023, we expect: • Revenue of between $553 - $557 million. • Adjusted income from operations of $135 - $139 million. • GAAP net income. For full year 2023: • We are raising our revenue guidance to in excess of $2.212 billion. • We are raising our adjusted income from operations guidance to in excess of $576 million.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Palantir Technologies Inc. reported First Half 2023 results: revenue $1.1 billion, net income $45 million.

Period: First Half 2023
Revenue: $1.1 billion
Net income: $45 million
Result: reported results

Exact text from the filing

H1 2023 Highlights • Revenue of $1.1 billion • GAAP net income of $45 million, representing a 4% margin

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Palantir Technologies Inc. filing history →

Source: SEC EDGAR

accession 0001321655-23-000086

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.