Palantir Technologies Inc. ( (PLTR) ) has released its Q1 earnings. Here is a breakdown of the information Palantir Technologies Inc. presented to its investors.
Palantir Technologies Inc. is a software company specializing in data analytics, serving primarily the technology sector with a focus on artificial intelligence and big data solutions.
In its latest earnings report, Palantir Technologies Inc. announced a significant revenue growth of 39% year-over-year for the first quarter of 2025, with U.S. revenue increasing by 55% year-over-year. The company has also raised its full-year revenue guidance, surpassing market expectations.
Key financial highlights include a total revenue of $884 million for Q1 2025, with U.S. commercial revenue growing by 71% year-over-year. The company reported a GAAP net income of $214 million and an adjusted free cash flow of $370 million. Palantir closed 139 deals worth at least $1 million each and achieved a record U.S. commercial total contract value of $810 million, marking a 183% increase year-over-year.
Looking ahead, Palantir has raised its full-year 2025 revenue guidance to between $3.890 billion and $3.902 billion, with expectations of continued growth in U.S. commercial revenue. The company remains optimistic about its strategic position in the AI and data analytics market, aiming to capitalize on the increasing demand for its software solutions.