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REDDIT

DD on Palantir

Birth in 2003, 1st major client, the us federal gov at the time was also the only one.

Has been under the radar for 2 good decades nothing special till 2020.

Suddenly opens up to foreign govs + privates companies.

* $1.1 billion in revenue for full year 2020, up 47% year-over-year
* Total revenue grew 41% year-over-year to $1.54 billio for full year 2021, Commercial Revenue up 102%
* Total revenue grew 24% year-over-year to $1.91 billion for full year 2022
* Revenue grew 17% year-over-year to $2.23 billion for full year 2023
* Revenue grew 29% year-over-year to $2.87 billion. Palantir Reports Q4 2024 Revenue Growth of 36% Y/Y, U.S. Revenue Growth of 52% Y/Y

# Total debt on the balance sheet as of September 2024 : $0.25 Billion USD

Net income $0.46 Billion USD as of 31 Dec 2024

personally i will invest in Palantir, past performarces are the best indicator for future performance.