Palantir (PLTR) Tops Q2 EPS by 1c, Offers Guidance

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Go back to Palantir (PLTR) Tops Q2 EPS by 1c, Offers Guidance

Palantir Reports 49% Revenue Growth; US Commercial Revenue Up 90% Y/Y

August 12, 2021 7:00 AM EDT

DENVER--(BUSINESS WIRE)-- Palantir Technologies Inc. (NYSE: PLTR) today announced financial results for the second quarter ended June 30, 2021.

Q2 2021 Highlights

Total revenue grew 49% year-over-year to $376 million US commercial revenue grew 90% year-over-year Closed 62 deals of $1 million or more, of which: 30 deals are $5 million or more 21 deals are $10 million or more 20 net new customers added in Q2 2021, total customers up 13% quarter-over-quarter Commercial customer count increased 32% quarter-over-quarter Cash flow from operations of $23 million, representing a 6% margin Adjusted... More