Investor Presentaiton
Q1
Financials
TOTAL CONTRACT VALUE CLOSED & BILLINGS
Total Contract Value
$400M
$350M
$300M
$248M
$250M
$200M
$150M
$100M
$50M
© 2023 Palantir Technologies Inc.
Q1 2022
+60%
Billings
$397M
$700M
Q1 2023
$600M
+25%
$490M
$500M
$400M
$300M
$200M
$100M
Q1 2022
$614M
Q1 2023
Total contract value ("TCV") reflects the values of contracts that have been entered into with, or awarded by, our government and commercial customers. TCV includes existing contractual obligations and presumes the exercise of all contract options available to our customers and no termination of contracts;
however, the majority of our contracts are subject to termination provisions, including for convenience, and there can be no guarantee that contracts are not terminated or that contract options will be exercised.
Billings is defined as revenue plus the change in contract liabilities for the period presented. Please see the appendix for reconciliations of these and other non-GAAP financial measures to the most directly comparable GAAP measures.View entire presentation