EI Earnings Insight Lab
Palantir Technologies Inc.

Palantir Technologies Inc. Q3 2021 Earnings Analysis

Reported on 2021-11-09 / Fiscal Quarter Q3 2021
Sequential Improvement Margin Improving Mixed Quarter
Palantir Technologies Inc. delivered a constructive Q3 2021, with growth supported by improving profitability.

and rose 4.4% sequentially. Margins improved from the previous quarter, suggesting stronger cost discipline and operational efficiency.

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Source: Company filings / processed earnings data
Summary Charts Key Takeaways Revenue Analysis Profitability FAQ
Revenue
$392.1M
YoY: N/A
QoQ: 4.3935%
Net Income
$-102.1M
YoY: N/A
QoQ: 26.3%
EPS (Diluted)
$-0.05
YoY: N/A
Net Margin
-26%
YoY: N/A
QoQ: 10.85 pts
Gross Margin
77.9%
Operating Margin
-23.4%
Growth

Revenue trend

Revenue trend remains stable.

Profitability

Margin and earnings quality

Margins improved from last quarter, suggesting that cost controls are starting to offset topline weakness.

Investor Focus

What matters next

Investors will continue watching execution quality.

Revenue & YoY Growth

Quarterly

Revenue trend and year-over-year growth across recent reported quarterly periods.

Net Income & Net Margin

Quarterly

Net income and net margin trend over recent reported quarterly periods.

Revenue Analysis

Palantir Technologies Inc. reported $392.1M in revenue for Q3 2021 and up 4.4% QoQ.

Revenue Snapshot
Current Quarter $392.1M
Previous Quarter $375.6M
Same Quarter Last Year N/A
YoY Change N/A
QoQ Change +4.4%

Profitability Analysis

Net income came in at $-102.1M and up 26.3% QoQ. Net margin was -26%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.

Profitability Snapshot
Net Income $-102.1M
EPS $-0.05
Net Margin -26%
QoQ Margin Change +10.9 pts

Frequently Asked Questions

Quick factual answers for this report. Need the why behind them? Ask the report assistant.

What was Palantir Technologies Inc.'s revenue in Q3 2021?

Palantir Technologies Inc. reported revenue of $392.1M in Q3 2021.

What was Palantir Technologies Inc.'s net income in Q3 2021?

Palantir Technologies Inc. reported net income of $-102.1M in Q3 2021.

How did Palantir Technologies Inc.'s revenue change year over year?

Year-over-year revenue change data is not available for Q3 2021.

What was Palantir Technologies Inc.'s net margin in Q3 2021?

Palantir Technologies Inc.'s net margin was -26% in Q3 2021.

Related
Palantir Technologies Inc. Q2 2021 Earnings

Compare this quarter with the previous earnings report.
Related
Palantir Technologies Inc. Company Overview

Explore company profile, industry, and historical context.
Related
Palantir Technologies Inc. Revenue & Profit Trends

View more quarterly financial trend pages for this company.

Data Source & Methodology

Financial data is sourced from company filings and internal processed earnings data.

YoY and QoQ values are derived from reported quarterly figures when not directly available.

This page is for informational purposes only and does not constitute investment advice.

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