Palantir reported full year (FY) income from operations of USD 1.41 billion, with adjusted income from operations reaching USD 2.25 billion and an adjusted operating margin of 50 percent. The company continued to generate revenue from subscriptions to its Palantir Cloud and On-Premises Software platforms, including ongoing operations and maintenance services, as well as professional services. Revenue from Palantir Cloud subscriptions was generally recognized over the contract term on a ratable basis. The company noted that its financial statement presentation and results are influenced by significant accounting judgments and complexities.

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