Is PLNTR profitable

The profitability of Palantir Technologies Inc. (PLTR) can be evaluated from multiple perspectives: 1. **Revenue and Net Income**: The company's revenue growth has shown a decline from 40% in 2021 to 24% in 2022, but it recovered to 17% year-over-year growth in 2023, reaching $2.23 billion. Palantir's net income margin (TTM) is 16.32%, indicating a positive net income generation. 2. **Profitability Metrics**: The company's profitability grade is high, with a gross profit margin (TTM) of 81.39% and an EBIT margin (TTM) of 11.78%. These figures suggest that Palantir is efficient in generating profits from its operations. 3. **Return on Equity (ROE) and Total Assets (ROA)**: Palantir's ROE (TTM) is 11.55%, and its ROA (TTM) is 7.79%. These returns indicate that the company is utilizing its equity and assets effectively to generate earnings. 4. **Cash Flow**: The company's cash from operations (TTM) is $708.38 million, and its cash per share (TTM) is $0.23. This positive cash flow and cash reserves suggest financial health and the ability to invest in future growth. 5. **Market Position**: Palantir's unique approach to data analytics and software development positions it well in the market, with a potential for future growth. In conclusion, Palantir Technologies Inc. is profitable, as evidenced by its strong revenue growth, positive net income, high profitability margins, effective use of equity and assets, and robust cash flow. The company's market position and recent financial performance indicate a positive outlook.