Palantir Technologies Inc-A 2025年季度报告

FORM 10-Q (Mark One) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934For the transition period from_________to_________Commission File Number: 001-39540________________________________________________ Palantir Technologies Inc. (Exact Name of Registrant as Specified in its Charter)________________________________________________ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒As of April 30, 2025, there were 2,262,906,259 shares of the registrant’s Class A common stock outstanding, 96,001,138 shares of theregistrant’s Class B common stock outstanding, and 1,005,000 shares of the registrant’s Class F common stock outstanding. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited)3Condensed Consolidated Balance Sheets3Condensed Consolidated Statements of Operations4Condensed Consolidated Statements of Comprehensive Income5Condensed Consolidated Statements of Equity6Condensed Consolidated Statements of Cash Flows7Notes to Unaudited Condensed Consolidated Financial Statements8Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations22Item 3.Quantitative and Qualitative Disclosures About Market Risk33Item 4.Controls and Procedures34 PART II. OTHER INFORMATION Item 1.Legal Proceedings36Item 1A.Risk Factors36Item 2.Unregistered Sales of Equity Securities and Use of Proceeds86Item 3.Defaults Upon Senior Securities86Item 4.Mine Safety Disclosures86Item 5.Other Information86Item 6.Exhibits88 Table of contents PART I - FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS (UNAUDITED) The accompanying notes are an integral part of these condensed consolidated financial statements. 3 Palantir Technologies Inc.Condensed Consolidated Statements of Operations(in thousands, except per share amounts)(unaudited) The accompanying notes are an integral part of these condensed consolidated financial statements. 4 Table of contents Palantir Technologies Inc.Condensed Consolidated Statements of Comprehensive Income(in thousands)(unaudited) The accompanying notes are an integral part of these condensed consolidated financial statements. Theaccompanying notes are an integral part of these condensed consolidated financial statements. Table of contents Palantir Technologies Inc.Notes to Unaudited Condensed Consolidated Financial Statements 1. Organization Palantir Technologies Inc. (including its subsidiaries, “Palantir” or the “Company”) was incorporated in Delawareon May 6, 2003. The Company builds and deploys software platforms that serve as the central operating systems forits customers. 2. Significant Accounting Policies Basis of Presentation and Consolidation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance withUnited States (“U.S.”) generally accepted accounting principles (“GAAP”) and applicable rules and regulations ofthe Securities and Exchange Commission (“SEC”) regarding interim financial reporting. The accompanyingcondensed consolidated financial statements include the accounts of Palantir Technologies Inc. and its consolidatedsubsidiaries.All significant intercompany balances and transactions have been eliminated in consolidation. Investments in entities where the Company holds at least a 20% ownership interest and has the ability to exercisesignificant influence over, but does not control, the investee are accounted for using the equity method ofaccounting. Certain prior year balances have been reclassified to conform to the current year presentation.