Palantir

“For full year 2023: We are raising our revenue guidance to in excess of $2.212 billion. We are raising our adjusted income from operations guidance to in excess of $576 million. We continue to expect GAAP net income in each quarter.”

PalantirCEO

Q2 2023 earnings press release, full-year 2023 outlook

FY2023 revenue came in at $2.225 billion, above the 'in excess of $2.212 billion' guidance, and Palantir posted GAAP net income in every quarter of 2023.

“For full year 2024, we expect: Revenue of between $2.652 – $2.668 billion. US commercial revenue in excess of $640 million, representing a growth rate of at least 40%... GAAP operating income in each quarter of this year. GAAP net income in each quarter of this year.”

PalantirCEO

Q4 2023 earnings press release, initial full-year 2024 outlook

The floors were cleared but the revenue range was too low: FY2024 revenue was $2.87 billion (above the $2.652–2.668B range), US commercial revenue grew 54% to $702 million (vs. 'at least 40%' and >$640M), and Palantir was GAAP profitable in all four quarters.

“For full year 2024: We are raising our revenue guidance to between $2.805 – $2.809 billion. We are raising our U.S. commercial revenue guidance to in excess of $687 million, representing a growth rate of at least 50%... And we continue to expect GAAP operating income and net income in each quarter of this year. (Karp on the call: 'A juggernaut is emerging... This is the software century, and we intend to take the entire market,' driven by 'unrelenting AI demand that won't slow down.')”

PalantirCEO

Q3 2024 earnings press release, raised full-year 2024 outlook

Palantir over-delivered rather than hit the range: FY2024 revenue was $2.87 billion (above the raised $2.805–2.809B range), US commercial revenue reached $702 million (+54%, above the >$687M / 50% floor), and GAAP operating and net income were positive in every quarter.

“For full year 2025, we expect: Revenue of between $3.741 – $3.757 billion [31% year-over-year growth]. U.S. commercial revenue in excess of $1.079 billion, representing a growth rate of at least 54%... GAAP operating income and net income in each quarter of this year.”

PalantirCEO

Q4 2024 earnings press release, initial full-year 2025 outlook

Guidance proved far too conservative: FY2025 revenue was $4.475 billion (56% growth, well above the $3.741–3.757B range), US commercial revenue roughly $1.45 billion (Q4 alone grew 137%), and Palantir stayed GAAP profitable every quarter.