PLTR

1. Key Historical Highlights

• March 14, 2025: R1 launches 'R37', an AI lab in partnership with Palantir to enhance healthcare financial performance.
• March 13, 2025: Palantir announces six new customers using Warp Speed to re-industrialize American manufacturing.
• March 6, 2025: EYSA partners with Palantir to enhance mobility application development.
• March 5, 2025: Palantir and TWG Global announce a joint venture to deploy AI across financial services and insurance.
• March 4, 2025: Palantir partners with Societe Generale to enhance anti-financial crime solutions.
• February 19, 2025: Palantir and SAUR announce a partnership to enhance contract management with Generative AI.
• February 18, 2025: Palantir's 10-K report reveals a 29% revenue increase to $2.9 billion in 2024.
• February 6, 2025: Palantir wins multiple Technology Innovation Awards from Dresner Advisory Services.
• February 3, 2025: Palantir reports Q4 2024 revenue growth of 36% and issues FY 2025 revenue guidance of 31% growth.
• December 18, 2024: Palantir expands its partnership with the U.S. Army with a $618.9 million contract.
• December 11, 2024: Palantir launches Warp Speed to enhance manufacturing capabilities.
• December 9, 2024: U.S. Special Operations Command expands its contract with Palantir.
• November 15, 2024: Palantir launches AIP for Developers at DevCon.
• November 14, 2024: Palantir transfers its stock exchange listing to Nasdaq.
• November 13, 2024: Palantir renews its enterprise contract with Rio Tinto.

2. Financial Performance Overview

Revenue Growth

Palantir has shown consistent revenue growth, with a 29% increase in 2024 to $2.9 billion and a projected 31% growth for 2025. Q4 2024 saw a 36% year-over-year increase, with revenue reaching $828 million.

Profit Margins

Palantir's gross margin for 2024 was 80%, with a GAAP net income of $462 million for the year. Adjusted operating margin reached 45% in Q4 2024, the highest in the company's history.

Expense Management

Palantir's cash from operations in Q4 2024 was $460 million, with adjusted free cash flow of $517 million, reflecting a 63% margin. The company maintains a strong cash position, with $4 billion in cash, cash equivalents, and short-term securities.

Significant Financial Events

Palantir's total remaining deal value increased to $5.4 billion, indicating strong future revenue potential. The company closed $1.8 billion in total contract value in Q4 2024, a 56% year-over-year increase.

3. Management Effectiveness

Strategic Decision-Making

Palantir's strategic partnerships, such as those with the U.S. Army, Societe Generale, and TWG Global, demonstrate effective decision-making in expanding its market reach and leveraging AI capabilities. The company's focus on AI-driven solutions positions it well for future growth.

Capital Allocation

Palantir has effectively allocated capital towards expanding its AI platforms and forming strategic partnerships. The company's investment in AI and data integration technologies reflects its commitment to innovation and operational efficiency.

Adaptability to Challenges

Palantir's ability to secure significant government and commercial contracts showcases its adaptability and resilience in a competitive market. The company's focus on AI and data-driven solutions aligns with current industry trends and customer needs.

4. Key Quotes from Management:

• "Our business results continue to astound, demonstrating our deepening position at the center of the AI revolution." - Alexander C. Karp, Co-Founder and CEO, Palantir Technologies Inc.
• "We are at the dawn of this AI revolution and in this winner take all AI economy, Palantir leads the way." - Ryan Taylor, Chief Revenue Officer and Chief Legal Officer, Palantir Technologies Inc.
• "The right software properly wielded can and should transform an institution." - Alexander C. Karp, Co-Founder and CEO, Palantir Technologies Inc.
• "Our intention is to make our Artificial Intelligence Platform (AIP) the most dominant infrastructure in the market." - Alexander C. Karp, Co-Founder and CEO, Palantir Technologies Inc.
• "Warfare in this century will continue to be transformed by software." - Alexander C. Karp, Co-Founder and CEO, Palantir Technologies Inc.
• "Palantir AIP has pioneered the approach to operationalizing AI value – beyond chat — across the enterprise." - Shyam Sankar, Chief Technology Officer, Palantir Technologies Inc.
• "We believe that we have the only platform that works." - Alexander C. Karp, Co-Founder and CEO, Palantir Technologies Inc.