Investor Presentaiton
Appendix
Additional Metrics and Notes
($ MILLIONS)
Total RPO
Short-Term RPO
Long-Term RPO
Billings
Q3 2022
Q4 2022
Q1 2023
Q2 2023
Q3 2023
$
1,254
$
973
$
936
$
968
$
988
$
555
$
517
$
529
$
558
560
699
$
456
$
407
$
410
428
$
509
$
387
$
614
$
603
Ś
550
Net dollar retention was 107% in Q3 2023, impacted primarily by the headwinds from our commercial business in continental Europe. Net dollar retention does not include revenue from new customers that we
acquired in the past 12 months and is therefore not reflective of the recent acceleration in our US commercial business.
© 2023 Palantir Technologies Inc.
Net dollar retention is calculated as (a) revenue for the trailing twelve months as of each period attributable to the customers as counted for the prior trailing twelve months divided by (b) revenue for the prior trailing twelve months recognized from those same customers.
Remaining performance obligations ("RPO") reflects the values of contracts that have been entered into with, or awarded by, our government and commercial customers and represents non-cancelable contracted revenue that has not yet been recognized, which includes deferred revenue and, in certain instances,
amounts that will be invoiced. We have elected the practical expedient, as permitted under Accounting Standards Codification 606 - Revenue from Contracts with Customers, to not disclose remaining performance obligations for contracts with original terms of twelve months or less.View entire presentation