Palantir Technologies Inc. is set to announce its latest quarterly earnings on Sunday, May 3rd. Analysts estimate an earnings per share (EPS) of $0.29 for this quarter.
Palantir's stock price currently stands at $141.44, showing a decrease of $1.66 (-1.16%) from the previous closing price. Trading volume is at $13.47 million, representing a 25.1% increase compared to the average volume.
The company reported its latest quarterly earnings on Sunday, February 1st, with an EPS of $0.23. The revenue and profit margin figures for this period are yet to be disclosed.
Palantir recorded a free cash flow of $764 million. Noteworthy is the negative net change in cash of $-201.62 million. Operating cash flow remains strong at $777.29 million.
Palantir's gross profit amounts to $1.19 billion, with an operating income of $575.39 million. The company reported a net income of $608.68 million, translating to earnings per share (EPS) of 26 cents.
Key financial ratios for Palantir include a net profit margin of 43.27%, return on equity of 8.24%, and a price-to-earnings ratio of 174.26.
The company holds total assets of $8.90 billion, with total liabilities at $1.41 billion. Palantir's net debt is reported at $-1 billion, indicating a strong financial position.
This comprehensive financial report provides insights into Palantir Technologies Inc.'s current financial standing and performance metrics.
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community to assist in counterterrorism investigations and operations in the United States, the United Kingdom, and internationally. The company provides Palantir Gotham, a software platform which enables users to identify patterns hidden deep within datasets, ranging from signals intelligence sources to reports from confidential informants, as well as facilitates the handoff between analysts and operational users, helping operators plan and execute real-world responses to threats that have been identified within the platform. It also offers Palantir Foundry, a platform that transforms the ways organizations operate by creating a central operating system for their data; and allows individual users to integrate and analyze the data they need in one place. In addition, it provides Palantir Apollo, a software that delivers software and updates across the business, as well as enables customers to deploy their software virtually in any environment; and Palantir Artificial Intelligence Platform (AIP) that provides unified access to open-source, self-hosted, and commercial large language models (LLM) that can transform structured and unstructured data into LLM-understandable objects and can turn organizations' actions and processes into tools for humans and LLM-driven agents. The company was incorporated in 2003 and is headquartered in Denver, Colorado.