Palantir Technologies (PLTR) Interest Expenses (2019 - 2023)
Palantir Technologies' Interest Expenses came in at $136,000 for Q4 2023, down 92.1% from $1.71 million a year earlier and down 81.7% from the prior quarter.
Palantir Technologies (PLTR) Interest Expenses (2019 - 2023) Analysis & Trends
For FY2023, Palantir Technologies' Interest Expenses was $3.47 million, down 14.5% from FY2022.
- Interest Expenses carries a five-year compound annual growth rate of 0.2% (FY2018 to FY2023).
- Going back by year, Interest Expenses was $4.06 million in FY2022 (+11.5%), $3.64 million in FY2021 (-74.3%), $14.14 million in FY2020 (+361.9%) and $3.06 million in FY2019 (-11.0%).
- The Q4 2023 figure represents the lowest quarterly Interest Expenses in data going back to Q3 2019.
- Year-over-year, Interest Expenses increased in five of the last eight quarters, with growth averaging 37.0%.
- The fastest year-over-year change in Interest Expenses over five years came in Q4 2022 (growth of 184.9%), and the weakest in Q4 2023 (a decline of 92.1%).
- Business Quant data shows PLTR's Interest Expenses at $742,000 (Q3 2023), $1.32 million (Q2 2023) and $1.28 million (Q1 2023) in the three quarters before Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 413.65 Bn | 378.59 Bn | 1.93 Bn | - |
| 2 | Oracle | 374.28 Bn | 246.84 Bn | - | 1.43 Bn |
| 3 | Sap Se | 294.90 Bn | 222.88 Bn | 8.64 Bn | -330.17 Mn |
| 4 | Salesforce | 186.99 Bn | 142.87 Bn | 8.70 Bn | 473.00 Mn |
| 5 | Automatic Data Processing | 120.08 Bn | 106.87 Bn | 2.53 Bn | 148.10 Mn |
| 6 | ServiceNow | 113.02 Bn | 92.28 Bn | 2.90 Bn | 81.00 Mn |
| 7 | Intuit | 95.72 Bn | 75.07 Bn | 3.44 Bn | 70.00 Mn |
| 8 | Relx | 74.73 Bn | 73.84 Bn | - | - |
| 9 | Strategy | 57.35 Bn | 44.49 Bn | 89.63 Mn | 15.38 Mn |
| 10 | Thomson Reuters | 52.16 Bn | 48.13 Bn | - | -2.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 136,000.00 |
| Sep 30, 2023 | 742,000.00 |
| Jun 30, 2023 | 1.32 Mn |
| Mar 31, 2023 | 1.28 Mn |
| Dec 31, 2022 | 1.71 Mn |
| Sep 30, 2022 | 1.08 Mn |
| Jun 30, 2022 | 670,000.00 |
| Mar 31, 2022 | 594,000.00 |
| Dec 31, 2021 | 601,000.00 |
| Sep 30, 2021 | 609,000.00 |
| Jun 30, 2021 | 590,000.00 |
| Mar 31, 2021 | 1.84 Mn |
| Dec 31, 2020 | 1.81 Mn |
| Sep 30, 2020 | 2.09 Mn |
| Jun 30, 2020 | 5.65 Mn |
| Mar 31, 2020 | 4.59 Mn |
| Dec 31, 2019 | 2.67 Mn |
| Sep 30, 2019 | 173,000.00 |
Palantir Technologies Interest Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-expenses&ticker=PLTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "ticker": "PLTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-expenses&ticker=PLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();