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Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. 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 enables customers to deploy their own software virtually in any environment. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.
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Palantir Technologies builds enterprise data-integration and analytics platforms (notably Gotham for government and Foundry for commercial clients) used to integrate, analyze and operationalize large, complex datasets. Long-term growth drivers include government contract renewals, expansion into commercial verticals, broader adoption of AI/ML analytics and recurring subscription revenue, which may benefit from network effects and scale and appears positioned to attract investors seeking exposure to applied data analytics at scale.
Key risks include customer concentration and reliance on large public-sector contracts, intense competition from cloud and analytics providers, regulatory and data-privacy scrutiny, and execution challenges in expanding commercial revenue internationally.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | -361.03M | -488.49M | -1179.03M | -567.27M | -570.92M |
| Minority interest | -2.61M | - | - | - | - |
| Net income | -373.70M | -520.38M | -1166.39M | -579.65M | -580.03M |
| Selling general administrative | 596.33M | 611.53M | 669.44M | 320.94M | 306.24M |
| Selling and marketing expenses | 702.51M | 614.51M | 683.70M | 450.12M | 461.76M |
| Gross profit | 1497.32M | 1202.48M | 740.13M | 500.18M | 430.01M |
| Reconciled depreciation | 22.52M | 14.90M | 13.87M | 12.26M | 13.91M |
| Ebit | -161.20M | -411.05M | -1173.68M | -576.44M | -623.44M |
| Ebitda | -138.68M | -396.15M | -1159.81M | -564.19M | -609.53M |
| Depreciation and amortization | 22.52M | 14.90M | 13.87M | 12.26M | 13.91M |
| Non operating income net other | -195.77M | -73.81M | 8.79M | - | - |
| Operating income | -161.20M | -411.05M | -1173.68M | -576.44M | -623.44M |
| Other operating expenses | 2067.07M | 1952.93M | 2266.35M | 1319.00M | 1218.85M |
| Interest expense | 4.06M | 3.64M | 14.14M | 3.06M | 3.44M |
| Tax provision | 10.07M | 31.89M | -12.64M | 12.38M | 9.10M |
| Interest income | 20.31M | 1.61M | 4.68M | 15.09M | 10.50M |
| Net interest income | 16.25M | -2.03M | -9.46M | 12.03M | 7.06M |
| Income tax expense | 10.07M | 31.89M | -12.64M | 12.38M | 9.10M |
| Total revenue | 1905.87M | 1541.89M | 1092.67M | 742.55M | 595.41M |
| Total operating expenses | 1658.52M | 1613.53M | 1913.81M | 1076.63M | 1053.45M |
| Cost of revenue | 408.55M | 339.40M | 352.55M | 242.37M | 165.40M |
| Total other income expense net | -216.08M | -75.42M | 4.11M | -2.86M | 45.45M |
| Net income from continuing ops | -371.09M | -520.38M | -1166.39M | -579.65M | -580.03M |
| Net income applicable to common shares | -373.70M | -520.38M | -1166.39M | -588.13M | -598.12M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 3461.24M | 3247.45M | 2690.50M | 1594.03M | 1430.96M |
| Other current assets | 133.31M | 110.87M | 51.89M | 32.59M | 74.06M |
| Total liab | 818.80M | 956.42M | 1167.95M | 3574.67M | 3182.39M |
| Total stockholder equity | 2565.33M | 2291.03M | 1522.55M | -1980.64M | -1751.43M |
| Deferred long term liab | - | 40.22M | 50.52M | - | - |
| Other current liab | 172.72M | 155.81M | 158.55M | 126.62M | 123.75M |
| Common stock | 2.10M | 2.03M | 1.79M | 0.59M | 0.57M |
| Capital stock | 2.10M | 2.03M | 1.79M | 0.59M | 0.57M |
| Retained earnings | -5859.44M | -5485.73M | -4965.35M | -3798.96M | -3231.88M |
| Other liab | 26.56M | 76.21M | 136.35M | 322.77M | 390.77M |
| Other assets | 150.25M | 136.00M | 403.53M | 348.28M | 163.35M |
| Cash | 2598.54M | 2290.67M | 2011.32M | 1079.15M | 1116.34M |
| Cash and equivalents | 2598.54M | 2290.67M | 2011.32M | 1079.15M | 1116.34M |
| Total current liabilities | 587.94M | 660.06M | 603.82M | 728.60M | 531.90M |
| Current deferred revenue | 325.34M | 389.42M | 399.84M | 550.24M | 380.76M |
| Net debt | -2349.14M | -2030.60M | -1554.47M | -683.09M | -1116.34M |
| Short term debt | 45.10M | 39.93M | 29.08M | - | - |
| Short long term debt total | 249.40M | 260.07M | 456.86M | 396.06M | - |
| Other stockholder equity | 8428.00M | 7777.09M | 3798.35M | 1818.44M | 1479.12M |
| Property plant equipment | 69.17M | 248.20M | 246.62M | 31.59M | 30.03M |
| Total current assets | 3041.58M | 2863.25M | 2257.43M | 1214.15M | 1220.08M |
| Long term investments | - | - | - | 26.14M | 17.50M |
| Net tangible assets | 2565.33M | 2291.03M | 1522.55M | -1980.64M | -1751.43M |
| Short term investments | 35.13M | 234.15M | - | - | - |
| Net receivables | 258.35M | 190.92M | 156.93M | 50.31M | 19.19M |
| Long term debt | - | - | 197.98M | 396.06M | - |
| Inventory | 16.24M | 36.63M | 37.28M | 52.10M | 10.48M |
| Accounts payable | 44.79M | 74.91M | 16.36M | 51.73M | 27.40M |
| Noncontrolling interest in consolidated entity | 77.11M | - | - | - | - |
| Accumulated other comprehensive income | -5.33M | -2.35M | -2.75M | -0.70M | 0.76M |
| Common stock total equity | 2.10M | 2.03M | 1.79M | 0.59M | 0.57M |
| Retained earnings total equity | -5859.44M | -5485.73M | -4965.35M | - | - |
| Non currrent assets other | 150.25M | 136.00M | 186.46M | 322.14M | 163.35M |
| Non current assets total | 419.66M | 384.20M | 433.07M | 379.87M | 210.89M |
| Capital lease obligations | 249.40M | 260.07M | 258.88M | - | - |
| Long term debt total | - | - | 197.98M | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -45.43M | -382.26M | -2.93M | -8.87M | -8.87M |
| Change to liabilities | -85.56M | 82.50M | -65.59M | -110.97M | 184.71M |
| Total cashflows from investing activities | -45.43M | -397.91M | -14.92M | -21.96M | -6.78M |
| Net borrowings | 86.09M | -200.00M | -200.63M | 394.41M | -56.49M |
| Total cash from financing activities | 86.00M | 306.75M | 1036.45M | 324.53M | 46.15M |
| Change to operating activities | -98.57M | -139.31M | -280.06M | 268.90M | 128.35M |
| Net income | -371.09M | -520.38M | -1166.39M | -579.65M | -580.03M |
| Change in cash | 260.42M | 238.77M | 726.18M | 135.13M | -3.35M |
| Begin period cash flow | 2366.91M | 2128.15M | 1401.96M | 1266.84M | 1270.18M |
| End period cash flow | 2627.34M | 2366.91M | 2128.15M | 1401.96M | 1266.84M |
| Total cash from operating activities | 223.74M | 333.85M | -296.61M | -165.22M | -39.01M |
| Issuance of capital stock | 0.00M | 0.00M | 942.53M | 107.50M | 96.48M |
| Depreciation | 22.52M | 14.90M | 13.87M | 12.26M | 13.91M |
| Other cashflows from investing activities | 66.78M | -3.02M | 0.25M | -3.02M | -3.02M |
| Dividends paid | - | - | 498.20M | 568.81M | 12.67M |
| Change to inventory | - | -34.37M | -49.18M | -6.91M | 3.64M |
| Change to account receivables | -77.52M | -35.24M | -108.48M | -23.91M | -10.48M |
| Sale purchase of stock | - | 0.00M | -3.78M | -193.07M | -7.71M |
| Other cashflows from financing activities | -0.09M | 506.75M | 995.90M | 1136.42M | 26.54M |
| Change to netincome | 527.00M | 931.38M | 1310.03M | 268.15M | 224.53M |
| Capital expenditures | 40.03M | 12.63M | 12.24M | 13.10M | 13.00M |
| Change receivables | -77.52M | -35.24M | -108.48M | - | - |
| Cash flows other operating | 208.39M | -44.24M | -287.02M | - | - |
| Cash and cash equivalents changes | 264.31M | 242.69M | 724.92M | - | - |
| Change in working capital | -267.10M | -92.05M | -454.12M | 134.03M | 302.57M |
| Stock based compensation | 564.80M | 778.22M | 1270.70M | 241.97M | 248.50M |
| Other non cash items | 274.79M | 109.85M | 39.47M | 2.54M | 0.42M |
| Free cash flow | 183.71M | 321.22M | -308.84M | -178.31M | -52.02M |
Sector: Technology Industry: Software - Infrastructure
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| PLTR Palantir Technologies Inc. |
-3.17 1.78% |
175.17 | 248.71 | 58.48 | 18.02 | 11.77 | 16.23 | 167.02 |
| MSFT Microsoft Corporation |
13.87 2.74% |
520.99 | 37.32 | 29.94 | 13.03 | 12.45 | 13.06 | 24.59 |
| ORCL Oracle Corporation |
6.75 5.66% |
125.97 | 21.96 | 17.89 | 5.91 | 7.08 | 7.82 | 14.89 |
| CRWD Crowdstrike Holdings Inc |
2.87 1.19% |
244.68 | 4849.80 | 188.68 | 46.01 | 47.24 | 43.89 | 559.34 |
| FTNT Fortinet Inc |
- -% |
128.11 | 60.27 | 43.86 | 16.80 | 80.50 | 16.11 | 43.33 |
Palantir Technologies Inc. builds and deploys software platforms for the intelligence community in the United States to assist in counterterrorism investigations and operations. 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 enables customers to deploy their own software virtually in any environment. Palantir Technologies Inc. was incorporated in 2003 and is based in Denver, Colorado.
| Name | Title | Year Born |
|---|---|---|
| Mr. Peter Andreas Thiel | Co-Founder & Chairman | 1967 |
| Dr. Alexander C. Karp | Co-Founder, CEO & Director | 1967 |
| Mr. Stephen Andrew Cohen | Co-Founder, Pres, Sec. & Director | 1984 |
| Mr. David A. Glazer | CFO & Treasurer | 1984 |
| Mr. Shyam Sankar | COO & Exec. VP | 1982 |
| Mr. Ryan D. Taylor | Chief Legal & Bus. Affairs Officer | 1982 |
| Mr. Joseph Lonsdale | Co-Founder | 1983 |
| Mr. Rodney Nelson | Head of Investor Relations | NA |
| Mr. David B. MacNaughton | Pres of Palantir Canada | 1949 |
| Kevin Kawasaki | Head of Bus. Devel. | NA |
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