Palantir Historical Income Statement
PLTR Stock | USD 64.35 2.99 4.87% |
Historical analysis of Palantir Technologies income statement accounts such as Interest Expense of 4.2 M, Selling General Administrative of 555.3 M, Selling And Marketing Expenses of 670.6 M or Total Revenue of 1.5 B can show how well Palantir Technologies performed in making a profits. Evaluating Palantir Technologies income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Palantir Technologies's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Palantir Technologies latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Palantir Technologies is a good buy for the upcoming year.
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About Palantir Income Statement Analysis
Palantir Technologies Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Palantir Technologies shareholders. The income statement also shows Palantir investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Palantir Technologies Income Statement Chart
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Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Total Revenue
Total revenue comprises all receipts Palantir Technologies generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Palantir Technologies minus its cost of goods sold. It is profit before Palantir Technologies operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Palantir Technologies income statement and is an important metric when analyzing Palantir Technologies profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Palantir Technologies' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Palantir Technologies current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Palantir Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Palantir Stock, please use our How to Invest in Palantir Technologies guide.At this time, Palantir Technologies' Research Development is relatively stable compared to the past year. As of 11/24/2024, EBITDA is likely to grow to about 161 M, while Depreciation And Amortization is likely to drop slightly above 20.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Depreciation And Amortization | 14.9M | 22.5M | 33.4M | 20.3M | Interest Income | 1.6M | 20.3M | 132.6M | 139.2M |
Palantir Technologies income statement Correlations
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Palantir Technologies Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Palantir Technologies income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Tax Provision | 12.4M | (12.6M) | 31.9M | 10.1M | 19.7M | 12.9M | |
Net Interest Income | 12.0M | (9.5M) | (2.0M) | 16.3M | 129.1M | 135.6M | |
Interest Income | 15.1M | 4.7M | 1.6M | 20.3M | 132.6M | 139.2M | |
Depreciation And Amortization | 12.3M | 13.9M | 14.9M | 22.5M | 33.4M | 20.3M | |
Interest Expense | 3.1M | 14.1M | 3.6M | 4.1M | 3.5M | 4.2M | |
Selling General Administrative | 320.9M | 669.4M | 611.5M | 596.3M | 524.3M | 555.3M | |
Selling And Marketing Expenses | 450.1M | 683.7M | 614.5M | 702.5M | 745.0M | 670.6M | |
Total Revenue | 742.6M | 1.1B | 1.5B | 1.9B | 2.2B | 1.5B | |
Gross Profit | 500.2M | 740.1M | 1.2B | 1.5B | 1.8B | 1.1B | |
Other Operating Expenses | 1.3B | 2.3B | 2.0B | 2.1B | 2.1B | 2.0B | |
Operating Income | (576.4M) | (1.2B) | (411.0M) | (161.2M) | 120.0M | 126.0M | |
Net Income From Continuing Ops | (579.6M) | (1.2B) | (520.4M) | (371.1M) | 217.4M | 228.2M | |
Ebit | (576.4M) | (1.2B) | (484.9M) | (357.0M) | 120.0M | 126.0M | |
Research Development | 305.6M | 560.7M | 387.5M | 359.7M | 404.6M | 422.3M | |
Ebitda | (564.2M) | (1.2B) | (470.0M) | (334.4M) | 153.3M | 161.0M | |
Cost Of Revenue | 242.4M | 352.5M | 339.4M | 408.5M | 431.1M | 355.6M | |
Total Operating Expenses | 1.1B | 1.9B | 1.6B | 1.7B | 1.7B | 1.6B | |
Reconciled Depreciation | 12.3M | 13.9M | 14.9M | 22.5M | 33.4M | 20.3M | |
Income Before Tax | (567.3M) | (1.2B) | (488.5M) | (361.0M) | 237.1M | 248.9M | |
Total Other Income Expense Net | (2.9M) | (5.3M) | (77.4M) | (199.8M) | 117.1M | 123.0M | |
Net Income Applicable To Common Shares | (588.1M) | (1.2B) | (520.4M) | (373.7M) | (429.8M) | (451.2M) | |
Net Income | (579.6M) | (1.2B) | (520.4M) | (373.7M) | 209.8M | 220.3M | |
Income Tax Expense | 12.4M | (12.6M) | 31.9M | 10.1M | 19.7M | 12.9M |
Pair Trading with Palantir Technologies
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Palantir Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Palantir Technologies will appreciate offsetting losses from the drop in the long position's value.Moving together with Palantir Stock
Moving against Palantir Stock
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0.79 | VRAR | Glimpse Group | PairCorr |
0.75 | MQ | Marqeta | PairCorr |
0.57 | FAAS | DigiAsia Corp Symbol Change | PairCorr |
0.52 | VRNT | Verint Systems | PairCorr |
The ability to find closely correlated positions to Palantir Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Palantir Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Palantir Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Palantir Technologies to buy it.
The correlation of Palantir Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Palantir Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Palantir Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Palantir Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Palantir Stock Analysis
When running Palantir Technologies' price analysis, check to measure Palantir Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Palantir Technologies is operating at the current time. Most of Palantir Technologies' value examination focuses on studying past and present price action to predict the probability of Palantir Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Palantir Technologies' price. Additionally, you may evaluate how the addition of Palantir Technologies to your portfolios can decrease your overall portfolio volatility.