Palantir reported strong Q4 2024 results, with revenue growing 36% year-over-year to $828 million. U.S. revenue increased by 52%, driven by 64% growth in U.S. commercial revenue and 45% in U.S. government revenue. The company closed 129 deals of at least $1 million and achieved record U.S. commercial contract value of $803 million. Net income was $79 million, or $165 million excluding one-time expenses. For FY 2024, revenue grew 29% to $2.87 billion, with U.S. revenue up 38%. The company generated $1.15 billion in cash from operations and ended the year with $5.2 billion in cash reserves. For FY 2025, Palantir expects 31% revenue growth, exceeding consensus estimates.