Palantir Technologies Inc. Financial Report for Q4 2023

Executive Summary:

This financial report provides a comprehensive analysis of Palantir Technologies Inc.'s performance for the fourth quarter of 2023. It covers the company's revenue, cash flow, and balance sheet, offering insights into its financial health and operational efficiency. The report aims to provide valuable information for investors, analysts, and stakeholders, and is presented in compliance with relevant financial reporting standards.

Overview of Revenues:

In Q4 2023, Palantir Technologies Inc. reported a total revenue of $608.35 million, with a gross profit of $499.71 million and a gross profit ratio of 82.14%. The company incurred operating expenses of $433.92 million, resulting in an operating income of $65.79 million and a net income of $93.39 million. The earnings per share (EPS) stood at $0.0427, reflecting the company's profitability for the period.

Overview of Cash Flow:

Palantir generated a net cash flow from operating activities of $301.17 million during Q4 2023. The company made investments in property, plant, and equipment, amounting to -$4.86 million. It ended the period with a free cash flow of $296.31 million, and a net change in cash of $296.31 million. The company's cash and cash equivalents at the end of the period totaled $831.05 million.

Overview of Balance Sheet:

The company's total assets as of December 31, 2023, amounted to $4.52 billion, with cash and short-term investments totaling $3.67 billion. Palantir's total liabilities stood at $961.46 million, and its total stockholders' equity was $3.48 billion. The company's net debt was reported as -$601.66 million.

Validation and Compliance:

The data presented in this report has been validated for completeness and accuracy. The report adheres to relevant financial reporting standards and is designed to be accessible to readers with varying levels of financial literacy.

Most Important Data:

The complete financial data and additional details can be accessed at the following link: SEC.gov - Palantir Technologies Inc. Financial Data.