Palantir Technologies Inc.

Halal Rating :
Uncomfortable
Last Price $116
Market Cap $276.82b
1D Change

4.03 %

1 Year Change

401.07 %

Next Earnings Date

Yet to be announced

Company Overview

Palantir Technologies is a software company specializing in big data analytics. The company develops and deploys enterprise data platforms and analytics software for organizations across various sectors, including government, commercial, and healthcare industries. Their main products include Palantir Gotham, primarily used by government agencies for intelligence and defense operations, and Palantir Foundry, used by commercial clients for enterprise data management and analytics.

Revenue Sources

Pass

After reviewing Palantir's revenue sources and business activities, we find that the company primarily generates revenue from software licensing, implementation services, and ongoing platform support. These core business activities involve the exchange of real products and services and do not constitute gambling or other haram activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $883.86m $707.81m - - 0.00% 0.00%
Dec. 31, 2024 $827.52m $816.48m - - 0.00% 0.00%
Sept. 30, 2024 $725.52m $612.38m - - 0.00% 0.00%
June 30, 2024 $678.13m $572.79m - - 0.00% 0.00%

Based on the financial data from the last four quarters, Palantir Technologies shows no interest income or interest expense in their financial statements. The company operates without significant reliance on interest-bearing debt or interest-generating activities.

Operational Ethics

Fail

Palantir has known contracts with U.S. Immigration and Customs Enforcement (ICE) and has faced criticism for its work with various government agencies. However, the key concern for our analysis is the company's relationships with Israel and the Chinese Communist Party. Palantir maintains active operations in Israel, including an R&D center in Tel Aviv, and continues to expand its presence there. This represents a significant and ongoing relationship with the state of Israel.

Rating Justification

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