Palantir Technologies (PLTR) Interest Expenses (2019 - 2023)
Palantir Technologies (PLTR) reported Interest Expenses of $136000.0 for Q4 2023, down 92.06% year-over-year from $1.7 million in Q4 2022, and down 81.67% quarter-over-quarter from $742000.0 in Q3 2023.
Palantir Technologies (PLTR) Interest Expenses (2019 - 2023) Analysis & Trends
Palantir Technologies (PLTR) has 5 years of Interest Expenses data on file, last reported at $136000.0 in Q4 2023.
- Interest Expenses for Q4 2023 came in at $136000.0, down 92.06% year-over-year; the trailing twelve-month figure through Sep 2024 was $136000.0 (down 97.3% YoY), and the FY2023 annual result was $3.5 million, down 14.49% from the prior year.
- Interest Expenses declined to $136000.0 in Q4 2023 per PLTR's latest filing, from $742000.0 in the prior quarter.
- Over five years, Interest Expenses peaked at $5.6 million in Q2 2020 and troughed at $136000.0 in Q4 2023.
- A 5-year average of $1.6 million and a median of $1.2 million in 2022 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2020 and 2023: Interest Expenses soared 1105.2% in 2020, then sank 92.06% in 2023.
- A 5-year view of Interest Expenses shows it stood at $2.7 million in 2019, then slumped by 31.96% to $1.8 million in 2020, then sank by 66.87% to $601000.0 in 2021, then surged by 184.86% to $1.7 million in 2022, then slumped by 92.06% to $136000.0 in 2023.
- Business Quant data shows PLTR's Interest Expenses at $136000.0 in Q4 2023, $742000.0 in Q3 2023, and $1.3 million in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 778.00 Mn |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | - |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 1.18 Bn |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | - |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 7.55 Mn |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 4.20 Mn |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 162.72 Mn |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | 2.56 Mn |
| 10 | CoreWeave | 53.90 Bn | 51.63 Bn | 2.01 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 136,000.00 |
| Dec 31, 2023 | 136,000.00 |
| Sep 30, 2023 | 742,000.00 |
| Sep 30, 2023 | 742,000.00 |
| Jun 30, 2023 | 1.32 Mn |
| Jun 30, 2023 | 1.32 Mn |
| Mar 31, 2023 | 1.28 Mn |
| Mar 31, 2023 | 1.28 Mn |
| Dec 31, 2022 | 1.71 Mn |
| Dec 31, 2022 | 1.71 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 670,000.00 |
| Jun 30, 2022 | 670,000.00 |
| Mar 31, 2022 | 594,000.00 |
| Mar 31, 2022 | 594,000.00 |
| Dec 31, 2021 | 601,000.00 |
| Dec 31, 2021 | 601,000.00 |
| Sep 30, 2021 | 609,000.00 |
| Sep 30, 2021 | 609,000.00 |