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AI English summary of an SEC filing — figures as filed

Palantir Technologies logoPalantir Technologies PLTR

The company said its revenue for Q4 2023 rose 20% year over year to $608 million, with GAAP net income of $93 million, a 15% margin, and GAAP diluted earnings per share of $0.04.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its revenue for Q4 2023 rose 20% year over year to $608 million, with GAAP net income of $93 million, a 15% margin, and GAAP diluted earnings per share of $0.04.

  2. Palantir said its full-year 2023 revenue rose 17% from the prior year to $2.23 billion, with GAAP net income of $210 million (9% margin) and GAAP income from operations of $120 million (5% margin).

  3. The company said cash from operations for Q4 2023 was $301 million (50% margin), adjusted free cash flow was $305 million (50% margin), and cash, cash equivalents and short-term U.S. Treasury securities totaled $3.7 billion.

  4. The company outlined its full-year 2024 outlook, expecting revenue of $2.652 to $2.668 billion, adjusted income from operations of $834 to $850 million, and adjusted free cash flow of $800 million to $1 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q4 2023 Revenue and GAAP Net Income

The company said its revenue for Q4 2023 rose 20% year over year to $608 million, with GAAP net income of $93 million, a 15% margin, and GAAP diluted earnings per share of $0.04.

Source · Based on the filing body and exhibits

2023 Full-Year Revenue and Earnings

Palantir said its full-year 2023 revenue rose 17% from the prior year to $2.23 billion, with GAAP net income of $210 million (9% margin) and GAAP income from operations of $120 million (5% margin).

Source · Based on the filing body and exhibits

Q4 Cash Flow and Cash Equivalents

The company said cash from operations for Q4 2023 was $301 million (50% margin), adjusted free cash flow was $305 million (50% margin), and cash, cash equivalents and short-term U.S. Treasury securities totaled $3.7 billion.

Source · Based on the filing body and exhibits

2024 Full-Year Outlook (Guidance)

The company outlined its full-year 2024 outlook, expecting revenue of $2.652 to $2.668 billion, adjusted income from operations of $834 to $850 million, and adjusted free cash flow of $800 million to $1 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.