ROIC (Return on Invested Capital): [ROIC (Return on Invested Capital)]
Debt/Equity: N/A (Missing Liabilities)
Free Cash Flow Yield: [Free Cash Flow Yield]
Free Cash Flow Trend: [Free Cash Flow Trend]
2. Financial Trends
3. Historical Data
Year
Revenue
Net Income
Gross Profit
Op. Cash Flow
2024
2.87B
462.19M
2.30B
1.15B
2023
2.23B
209.82M
1.79B
712.18M
2022
1.91B
-373.70M
1.50B
223.74M
2021
1.54B
-520.38M
1.20B
333.85M
2020
1.09B
-1.17B
740.13M
-296.61M
4. Competitive Advantage (Moat)
Type of Moat: Network Effect, Intangible Assets, Switching Costs
Strength: Wide
Description: Palantir has a unique moat built over 20 years through integration of LLMs, workflow, and software, enabled by its ontology. This allows them to deliver on AI demand. Their products built for the world as it exists, not as it ought to be, and this ability to find what is true comes from FDEs. Palantir has the ability to find the most painful, integral, and valuable parts of the stack in every enterprise. Furthermore, the more customers they have with impactful AI implementations, the greater the network effect, leading to accelerated sales cycles and deeper integration of Palantir's platform across customer organizations. Customers are seeing the value and impact they are having and sharing their success.
5. Management Quality
CEO: Alex Karp
Capital Allocation: Share repurchase program is ongoing, with $880 million remaining. Reinvesting heavily in AIP and technical talent.
Tone: Optimistic/Defensive
Key Quotes:
"These are arguably the best results that any software company has ever delivered."
"Yes, we were right, you were wrong. And we are going to go very, very deep on our rightness because it is exceedingly good for America. It's exceedingly good for the American economy. It's as good for American workers."
6. Growth Prospects
Total Addressable Market (TAM): [Size and Growth Rate]
Market Share: [Current share and potential to gain]
New Products/Services: [Pipeline]
7. Scuttlebutt & Soft Data
Customer Reviews: [Trends in customer satisfaction]
Employee Feedback: [Glassdoor ratings, turnover]
Channel Checks: [Insights from suppliers or distributors]
8. Valuation
P/E Ratio: [Current vs. Historical vs. Peers]
EV/EBITDA: [Current vs. Historical vs. Peers]
DCF Fair Value: [Estimate]
9. Risks
[Risk 1: Stagnant growth in Europe]
[Risk 2: Maintaining company culture while scaling rapidly]
[Risk 3: Controversy surrounding work with government agencies (ICE, Defense)]