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EX - 99.1 2 d213750dex991.htm EX - 99.1 Palantir Reports 49 % Revenue Growth ; US Commercial Revenue Up 90 % Y / Y 8/12/2021 DENVER ( BUSINESS WIRE ) — Palantir Technologies Inc. ( NYSE : PLTR ) today announced financial results for the second quarter ended June 30 , 2021 . Q2 2021 Highlights Total revenue grew 49 % year - over - year to $ 376 million US commercial revenue grew 90 % year - over - year Closed 62 deals of $ 1 million or more , of which : 30 deals are $ 5 million or more 21 deals are $ 10 million or more 20 net new customers added in Q2 2021 , total customers up 13 % quarter - over - quarter Commercial customer count increased 32 % quarter - over - quarter Cash flow from operations of $ 23 million , representing a 6 % margin Adjusted free cash flow of $ 50 million , representing a 13 % margin GAAP net loss per share , diluted of ( $ 0.07 ) Adjusted earnings per share , diluted of $ 0.04 H1 2021 Highlights Total revenue grew 49 % year - over - year to $ 717 million Commercial customer count increased 61 % since December 31 , 2020 Cash flow from operations of $ 140 million , representing a 19 % margin Adjusted free cash flow of $ 201 million , representing a 28 % margin Q2 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 Second Quarter 2021 Amount $ 375,642 49 % Amount $ ( 146,148 ) $ 116,727 $ 22,750 $ 49,823 $ ( 138,580 ) $ 97,955 $ 121,489 $ $ ( 0.07 ) 0.04 Margin ( 39 ) % 31 % 6 % 13 % Exhibit 99.1 32 %