Palantir Investor Presentation Deck slide image

Palantir Investor Presentation Deck

Appendix Additional Metrics and Notes ($ MILLIONS) Total RPO Short-Term RPO Long-Term RPO Billings $ Ⓒ2023 Palantir Technologies Inc. $ $ $ Q3 2022 1,254 555 699 509 $ $ $ $ Q4 2022 973 517 456 387 $ $ $ $ 01 2023 936 529 407 614 $ $ $ $ Q2 2023 968 558 410 603 $ $ Ś $ Q3 2023 Net dollar retention was 107% in Q3 2023, impacted primarily by the headwinds from our commercial business in continental Europe. Net dollar retention does not include revenue from new customers that we acquired in the past 12 months and is therefore not reflective of the recent acceleration in our US commercial business. 988 560 428 550 Net dollar retention is calculated as (a) revenue for the trailing twelve months as of each period attributable to the customers as counted for the prior trailing twelve months divided by (b) revenue for the prior trailing twelve months recognized from those same customers. Remaining performance obligations ("RPO") reflects the values of contracts that have been entered into with, or awarded by, our government and commercial customers and represents non-cancelable contracted revenue that has not yet been recognized, which includes deferred revenue and, in certain instances, amounts that will be invoiced. We have elected the practical expedient, as permitted under Accounting Standards Codification 606 - Revenue from Contracts with Customers, to not disclose remaining performance obligations for contracts with original terms of twelve months or less.
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