Palantir has announced its first-quarter financial report of 2025, with revenue growth.
Takeaway Points
- Palantir reports its first-quarter financial report for 2025.
- The U.S. revenue grew 55 percent year-over-year and 13 percent quarter-over-quarter to $628 million.
- Closed 139 deals of at least $1 million, 51 deals of at least $5 million, and 31 deals of at least $10 million.
- A live public webcast will be held at 3:00 PM MT / 5:00 PM ET to discuss the results for their first quarter ended March 31, 2025.
- The company is expecting revenue of between $934 and $938 million in 2025.
- On 6 March 2025, EYSA and Palantir teamed up to enhance mobility application development.
- This three-year agreement will allow EYSA to integrate Palantir’s software with the goal of increasing the development of mobility applications.
Palantir Q1 Report
Palantir Technologies Inc., on Monday, announced its financial results for the first quarter ended March 31, 2025.
Alexander C. Karp, co-founder and chief executive officer of Palantir Technologies, commented, “Our Rule of 40 score increased to 83% in the last quarter, once again breaking the metric. We are in the middle of a tectonic shift in the adoption of our software, particularly in the U.S. where our revenue soared 55% year-over-year, while our U.S. commercial revenue expanded 71% year-over-year in the first quarter to surpass a one-billion-dollar annual run rate. We are delivering the operating system for the modern enterprise in the era of AI. Consequently, we are raising our full-year guidance for total revenue growth to 36% and our guidance for U.S. commercial revenue growth to 68%.”
The Financial Report
Palantir said that the U.S. revenue grew 55 percent year-over-year and 13 percent quarter-over-quarter to $628 million. Booked their highest quarter of U.S. commercial total contract value (“TCV”) of $810 million, up 183 percent year-over-year, Rule of 40 score of 83 percent, and cash from operations of $310 million, representing a 35 percent margin.
The U.S. commercial revenue grew 71 percent year-over-year and 19 percent quarter-over-quarter to $255 million, U.S. government revenue grew 45 percent year-over-year and 9 percent quarter-over-quarter to $373 million, and GAAP net income was $214 million, representing a 24 percent margin. Closed 139 deals of at least $1 million, 51 deals of at least $5 million, and 31 deals of at least $10 million, the company added.
Palantir 2025 Expectation
According to the report, the company is expecting revenue of between $934 and $938 million and adjusted income from operations of between $401 and $405 million.
Webcast
The company said that a live public webcast will be held at 3:00 PM MT / 5:00 PM ET on Monday to discuss the results for their first quarter ended March 31, 2025, and financial outlook. The webcast can be accessed by registering online, and a replay of the webcast will be available too.
EYSA and Palantir Team Up to Enhance Mobility Application Development
On 6 March 2025, EYSA, a leader in comprehensive sustainable mobility solutions, jointly announced a strategic partnership with Palantir Technologies Spain, SLU, a leading builder of artificial intelligence systems.
This three-year agreement will allow EYSA to integrate Palantir’s software with the goal of increasing the development of mobility applications and use cases across its various operational lines, as well as capturing new business opportunities, the company said in a statement.
About Palantir Technologies Inc.
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