Palantir Investor Presentation Deck

Q3 Business Update Q3 2023 Highlights → Third consecutive quarter of GAAP operating profitability; 7% margin, up 2,000 basis points Y/Y ↑ Fourth consecutive quarter of GAAP profitability; GAAP EPS of $0.03 ↑ Revenue grew +17% Y/Y to $558 million US commercial revenue grew +33% Y/Y to $116 million US commercial customer count grew +37% Y/Y → Adjusted operating margin of 29%; fourth consecutive quarter of expanding adjusted operating margins → Cash from operations of $133 million; 24% margin → Adjusted free cash flow of $141 million; 25% margin Ⓒ2023 Palantir Technologies Inc. We define a customer as an organization from which we have recognized revenue during the trailing twelve months period. Adjusted operating margin excludes stock-based compensation expense and related employer payroll taxes. Adjusted free cash flow and adjusted free cash flow margin exclude employer payroll taxes related to stock-based compensation and purchases of property and equipment. Please see the appendix for reconciliations of these and other non-GAAP financial measures to the most directly comparable GAAP measures.

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