Palantir Technologies Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.63B | $462.2M | $209.8M | $-373.7M | $-520.4M | $-1.17B | $-579.6M | $-580.0M |
| Depreciation & Amortization | $26.1M | $31.6M | $33.4M | $22.5M | $14.9M | $13.9M | $12.3M | $13.9M |
| Depreciation | — | $23.7M | $23.7M | $19.5M | $12.8M | $13.9M | $12.2M | $13.8M |
| Amortization | — | $7.8M | $9.6M | $0 | — | — | — | — |
| Stock-Based Compensation | $684.0M | $691.6M | $475.9M | $564.8M | $778.2M | $1.27B | $242.0M | $248.5M |
| Net Cash from Operating Activities | $2.13B | $1.15B | $712.2M | $223.7M | $333.9M | $-296.6M | $-165.2M | $-39.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $33.9M | $12.6M | $15.1M | $40.0M | $12.6M | $12.2M | $13.1M | $13.0M |
| Business Acquisitions | — | — | $0 | $-66.7M | $0 | — | — | — |
| Net Cash from Investing Activities | $-2.78B | $-340.7M | $-2.71B | $-45.4M | $-397.9M | $-14.9M | $-22.0M | $-6.8M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $75.0M | $64.2M | $0 | $0 | $0 | $3.8M | $11.2M | $7.7M |
| Net Cash from Financing Activities | $-26.9M | $463.4M | $218.8M | $86.0M | $306.7M | $1.04B | $324.5M | $46.2M |
| Net Change in Cash | $-668.5M | $1.27B | $-1.78B | $260.4M | $238.8M | $726.2M | $135.1M | $-3.3M |
| Free Cash Flow | $2.10B | $1.14B | $697.1M | $183.7M | $321.2M | $-308.8M | $-178.3M | $-52.0M |