Palantir is an absolute beast of a company
Palantir surpassed $1 billion in billings this quarter, up 48% from a year ago.
Palantir Q2 FY 2025 Key Results
$PLTR Palantir Q2 FY25:
• Net dollar retention 128% (+14pp Y/Y).
• Revenue +48% Y/Y to $1.0B ($61M beat).
• Non-GAAP EPS $0.16 ($0.02 beat).
FY25 guidance:
• Revenue +44% Y/Y to $4.15B ($250M raise).
• Adjusted margin 46% (2pp raise).
Palantir surpassed $1 billion in billings this quarter, up 48% from a year ago. That figure is now up 10x in the last ~5 years.
And there is more
- $1B revenues, +48% YoY
- $733M US revenues, +68% YoY
- $553M government revenues, +49% YoY
- 849 customers, +43% YoY
- Raised guidance to $4.1B, +45% YoY
- 46% adj. operating margins, +24% YoY
- Closed 157 deals of at least $1M
- Rule of 40 of 94%
- $6B in cash
Rule of 40 of 94%
The Rule of 40 in SaaS is a financial metric used to assess the overall health and performance of a Software-as-a-Service (SaaS) company. It suggests that a healthy SaaS company should have a combined revenue growth rate and profit margin that equals or exceeds 40%.
Here's a breakdown:
Formula:
Rule of 40 = Revenue Growth Rate (%) + EBITDA Margin (%)
CEO Alex Karp on critics: "This is a once in a generation truly anomalous quarter, and we're very proud, and we're sorry that our haters are disappointed, but there are many more quarters to be disappointed"
“Our ability to win while sticking by what we believe is important for the world because people are purveying half truths and partial truths. Palantir can win while still defending our own opinions.”
Full investor presentation below https://investors.palantir.com/files/Palantir%20Q2%202025%20Business%20Update.pdf
"This is still only the beginning of something much larger and, we believe, even more significant." - Alex C. Karp, August 4, 2025.
Full presentation:
Full letter to shareholders https://www.palantir.com/q2-2025-letter/en/
https://investors.palantir.com/news-details/2025/Palantir-Reports-Q2-2025-U-S--Comm-Revenue-Growth-of-93-YY-and-Revenue-Growth-of-48-YY-Guides-Q3-Revenue-to-50-YY-Raises-FY-2025-Revenue-Guidance-to-45-YY-and-U-S--Comm-Revenue-Guidance-to-85-YY-Crushing-Consensus-Expectations/
Technicals:
Palantir Market Cap
Palantir now sits at #23 most valuable company with a market cap of $379.14 B.
What does Palantir Do?
PS: If you are interested to know more about PLTR products, read this overview.