Palantir Q3 GAAP EPS $0.03, revenue $558M (+17%); raises FY2023 guidance

Palantir Technologies Inc.

2023-Q3 EPS reported $0.05 revenue$1,616,662,000

GAAP net income $72M (13% margin), 4th consecutive quarter of GAAP profitability.
Revenue $558M, +17% YoY; US commercial revenue $116M (+33%).
Adjusted EPS $0.07; adjusted income from ops $163M (29% margin).
Q4 2023 rev guidance $599-603M; full-year raised to $2.216-2.220B.
Customer count +34% YoY; US commercial customers +37% to 181.

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 0.95

Palantir Technologies Inc. reported the fiscal quarter ended September 30, 2023 results: revenue $558 million, net income GAAP net income of $72 million, EPS GAAP EPS of $0.03. Guidance raised.

Period: the fiscal quarter ended September 30, 2023
Revenue: $558 million
Net income: GAAP net income of $72 million
EPS: GAAP EPS of $0.03
Guidance: raised
Result: reported results

Exact text from the filing

a 7% margin ◦ Third consecutive quarter of GAAP operating profitability • GAAP earnings per share (“EPS”) of $0.03 • Adjusted EPS of $0.07 • Revenue grew 17% year-over-year to $558 million • Commercial revenue grew 23% year-over-year to $251 million ◦ US commercial revenue grew 33% year-over-year to $116 million • Government revenue grew 12% year-over-year to $308

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Source: SEC EDGAR

accession 0001321655-23-000115

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