just quibbling on profitability. it's not ostensibly 80%, it's 80%. gross margin != "net profit" != cash flow positive, thanks to GAAP.
Compare the margins (gross, operating, net) here [0]. Observe the historical changes in cash on hand (i.e. cash flow) here [1].
They have been accruing cash-on-hand on a YoY basis since 2021Q4.
80% gross margins on 2.5B TTM revenue is really impressive.
For comparisons, Cloudflare sits around 77% (on 1.5B TTM Revenue), Salesforce around 75% (36.5B TTM revenue), Datadog around 80% (2.4B TTM revenue).
It does remain to be seen on whether they can translate that into meaningful operating margin over time. But they're well on their way [1]
[0]: https://macrotrends.net/stocks/charts/PLTR/palantir-technolo...
[1]: https://macrotrends.net/stocks/charts/PLTR/palantir-technolo...
just quibbling on profitability. it's not ostensibly 80%, it's 80%. gross margin != "net profit" != cash flow positive, thanks to GAAP.
Compare the margins (gross, operating, net) here [0]. Observe the historical changes in cash on hand (i.e. cash flow) here [1].
They have been accruing cash-on-hand on a YoY basis since 2021Q4.
80% gross margins on 2.5B TTM revenue is really impressive.
For comparisons, Cloudflare sits around 77% (on 1.5B TTM Revenue), Salesforce around 75% (36.5B TTM revenue), Datadog around 80% (2.4B TTM revenue).
It does remain to be seen on whether they can translate that into meaningful operating margin over time. But they're well on their way [1]
[0]: https://macrotrends.net/stocks/charts/PLTR/palantir-technolo...
[1]: https://macrotrends.net/stocks/charts/PLTR/palantir-technolo...