Palantir Results Presentation Deck

Financial Update Third-quarter billings increased 56% year-over-year to $347M. $400M $300M $200M Q3 2021 Highlights $100M $223M Q3 2020 +56% $347M Q3 2021 Billings is defined as revenue plus the change in contract liabilities for the period presented. Please see the appendix for reconciliations of these non-GAAP financial measures to the most directly comparable GAAP measures. Remaining performance obligations grew 172% year-over-year to $874M. $1B $750M $500M $250M $322M Copyright © 2021 Palantir Technologies Inc. and/or affiliates. +172% $874M Q3 2020 Q3 2021 Remaining performance obligations represent noncancelable contracted revenue that has not yet been recognized, which includes deferred revenue and, in certain instances, amounts that will be invoiced. We have elected practical expedient, as permitted under Accounting Standards Codification ("ASC") 606 - Revenue from Contracts with Customers - allowing us to not disclose remaining performance obligations for contracts with original terms of twelve months or less.

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