---
schema_version: "secwatch.filing_event.v1"
accession: "0001321655-24-000069"
form_type: "8-K"
ticker: "PLTR"
cik: "0001321655"
company_name: "Palantir Technologies Inc."
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T21:51:34.388480+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Palantir Q1 revenue $634M (+21% YoY); GAAP net income $106M; raises FY revenue guidance

## Summary
- GAAP EPS $0.04, adjusted EPS $0.08; net income $106M (17% margin); sixth consecutive GAAP profitable quarter.
- Revenue $634M (+21% YoY); US commercial revenue $150M (+40% YoY); customer count up 42% YoY.
- Q2 revenue guidance $649-653M; FY24 revenue raised to $2.677-2.689B; US commercial revenue >$661M (≥45% growth).
- Adjusted operating income $226M (36% margin); adjusted free cash flow $149M (23% margin); cash $3.9B.
- Rule of 40 score 57%; operating cash flow $130M (20% margin); raised adjusted operating income guidance.

## SEC filing metadata
- accession: 0001321655-24-000069
- form_type: 8-K
- ticker: PLTR
- cik: 0001321655
- company_name: Palantir Technologies Inc.
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321655/000132165524000069/0001321655-24-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321655/000132165524000069/pltr-20240506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001321655-24-000069
- JSON: https://secwatch.observer/filing/0001321655-24-000069.json
- Plain text: https://secwatch.observer/filing/0001321655-24-000069.txt

## Key facts
- Earnings Releases
  Palantir Technologies Inc. reported first quarter ended March 31, 2024 results: revenue $634,338, net income $105,530, EPS $0.04. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Revenue: $634,338
  - Net income: $105,530
  - EPS: $0.04
  - Guidance: raised
  - Result: reported results
  source text: US treasury securities of $3.9 billion Q1 2024 Financial Summary (Unaudited) (Amounts in thousands, except percentages and per share amounts) First Quarter Amount Revenue $ 634,338 Year-over-year growth 21 % Amount Margin Income from Operations $ 80,881 13 % Adjusted Income from Operations $ 226,458 36 % Cash from Operations $ 129,579 20 % Adjusted Free Cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321655/000132165524000069/0001321655-24-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.