Palantir Expects 40% Revenue Growth in FY 2021; Q3 US Commercial Revenue up 103% Y/Y

Palantir Expects 40% Revenue Growth in FY 2021; Q3 US Commercial Revenue up 103% Y/Y

DENVER, November 09, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the third quarter ended September 30, 2021.

Q3 2021 Highlights

  • Total revenue grew 36% year-over-year to $392 million

  • Added 34 net new customers in Q3

  • Commercial customer count grew 46% quarter-over-quarter

  • US commercial revenue grew 103% year-over-year

  • Cash flow from operations of $101 million, representing a 26% margin

  • Adjusted free cash flow of $119 million, representing a 30%…


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