Palantir (PLTR) Misses Q4 EPS, Revenues Beat; Offers Outlook

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Palantir Reports Revenue Growth of 47% for Full Year 2020, Expects Q1 2021 Revenue Growth of 45%

February 16, 2021 7:00 AM EST

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR):

Summary

$1.1 billion in revenue for full year 2020, up 47% year-over-year $322 million in revenue for Q4 2020, up 40% year-over-year New contracts in Q4 2020 include Rio Tinto, PG&E, bp, U.S. Army, U.S. Air Force, FDA, and NHS Expects Q1 2021 revenue growth of 45% year-over-year

Full Year 2020 Financial Results

In 2020, we generated $1.1 billion in revenue, up 47% year-over-year.

Our average revenue per customer was $7.9 million, up 41% year-over-year. Our average revenue from our top 20 customers was $33.2 million,... More