Quarterly Report — Q1 2025
Filed May 6, 2025
Revenue hit $884M in Q1 2025, up 39% year-over-year from $634M, with the U.S. market driving roughly 71% of total sales. Cash and marketable securities swelled to $5.4 billion — up from $5.2 billion at year-end — giving Palantir a massive war chest with zero debt drawn on its credit facility. The commercial segment is accelerating alongside the still-dominant government business, and the company remains solidly profitable with net income continuing its streak from prior quarters.
What is Quarterly Report?
Filed after each of the first three fiscal quarters with unaudited financial statements, management discussion, and any material changes to risk factors or legal proceedings.
Quarterly financial update — tracks business trajectory between annual reports.
No product milestones were identified in this filing. It may contain financial results, routine disclosures, or operational updates that don't represent specific product execution events.