Palantir Technologies Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Net Income	1,095	462.19	209.83	-373.71	-520.38	-1,166	Upgrade
Depreciation & Amortization	26.13	31.59	33.35	22.52	14.9	13.87	Upgrade
Loss (Gain) From Sale of Investments	-1.71	19.31	13.16	272.11	73.31	-	Upgrade
Stock-Based Compensation	769.43	691.64	475.9	564.8	778.22	1,271	Upgrade
Other Operating Activities	-14.47	19.24	-26.3	-0.77	79.9	18.94	Upgrade
Change in Accounts Receivable	-322.44	-211.16	-106.16	-72.82	-35.24	-108.48	Upgrade
Change in Accounts Payable	21.88	-18.84	-31.83	-29.86	57.77	-34.68	Upgrade
Change in Unearned Revenue	50.17	22.36	79.51	-61.15	24.73	-30.91	Upgrade
Change in Other Net Operating Assets	193.14	137.55	64.72	-97.39	-139.36	-259.67	Upgrade
Operating Cash Flow	1,818	1,154	712.18	223.74	333.85	-296.61	Upgrade
Operating Cash Flow Growth	82.72%	62.02%	218.31%	-32.98%	-	-	Upgrade
Capital Expenditures	-23.72	-12.63	-15.11	-40.03	-12.63	-12.24	Upgrade
Investment in Securities	-1,155	-322.41	-2,747	-72.18	-381.41	-	Upgrade
Other Investing Activities	-6.62	-5.62	51.07	66.78	-3.87	-2.68	Upgrade
Investing Cash Flow	-1,186	-340.66	-2,711	-45.43	-397.91	-14.92	Upgrade
Long-Term Debt Issued	-	-	-	-	-	199.37	Upgrade
Long-Term Debt Repaid	-	-	-	-	-200	-400	Upgrade
Net Debt Issued (Repaid)	-	-	-	-	-200	-200.63	Upgrade
Issuance of Common Stock	596.03	745.4	218.24	86.09	507.46	1,241	Upgrade
Repurchase of Common Stock	-373.78	-282.48	-	-	-	-	Upgrade
Other Financing Activities	0.41	0.44	0.6	-0.09	-0.71	-4.27	Upgrade
Financing Cash Flow	222.65	463.36	218.84	86	306.75	1,036	Upgrade
Foreign Exchange Rate Adjustments	1.74	-6.75	2.93	-3.89	-3.92	1.26	Upgrade
Net Cash Flow	856.37	1,270	-1,777	260.42	238.77	726.18	Upgrade
Free Cash Flow	1,794	1,141	697.07	183.71	321.22	-308.84	Upgrade
Free Cash Flow Growth	82.98%	63.72%	279.44%	-42.81%	-	-	Upgrade
Free Cash Flow Margin	46.04%	39.83%	31.33%	9.64%	20.83%	-28.27%	Upgrade
Free Cash Flow Per Share	0.70	0.47	0.30	0.09	0.17	-0.32	Upgrade
Cash Interest Paid	-	-	-	-	-	11.43	Upgrade
Cash Income Tax Paid	16.18	16.18	13.52	2.9	4.13	14.28	Upgrade
Levered Free Cash Flow	1,180	924.91	661.58	299.77	474.38	264.99	Upgrade
Unlevered Free Cash Flow	1,180	924.91	661.58	299.77	476.65	273.83	Upgrade
Change in Working Capital	-57.24	-70.1	6.24	-261.22	-92.1	-433.73	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.