Page 1

EX - 99.1 2 d77775dex991.htm EX - 99.1 Palantir Reports 49 % Revenue Growth ; $ 117M in Cash Flow from Operations , up $ 404M Y / Y ; and $ 151M in Adj . Free Cash Flow , up $ 441M Y / Y for Q1 2021 5/11/2021 DENVER- - ( BUSINESS WIRE ) · Palantir Technologies Inc. ( NYSE : PLTR ) today announced financial results for the first quarter ended March 31 , 2021 . Q1 2021 Highlights Total revenue grew 49 % year - over - year to $ 341 million US commercial revenue grew 72 % year - over - year US government revenue grew 83 % year - over - year Cash flow from operations of $ 117 million , up $ 404 million year - over - year , and representing a 34 % margin Adjusted free cash flow of $ 151 million , up $ 441 million year - over - year , and representing a 44 % margin GAAP net loss per share , diluted of $ ( 0.07 ) Adjusted earnings per share , diluted of $ 0.04 Q1 2021 Financial Summary ( in thousands , except percentages and per share amounts ) Revenue Year - over - year growth Loss from Operations Adjusted Income from Operations Cash Flow from Operations Adjusted Free Cash Flow Net Loss Adjusted Net Income Adjusted EBITDA GAAP Net Loss Per Share , Diluted Adjusted Earnings Per Share , Diluted $ $ $ $ $ $ $ $ $ First Quarter 2021 Amount 341,234 49 % Amount ( 114,014 ) 116,583 116,881 150,975 ( 123,474 ) 82,651 119,820 ( 0.07 ) 0.04 Exhibit 99.1 Margin ( 33 ) % 34 % 34 % 44 %