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  "presentationDate": "2023-05-01 00:00:00",
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      "text": "Total Contract Value Q1 2022: $248M, Q1 2023: $397M (+60%)",
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      "text": "© 2023 Palantir Technologies Inc.",
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      "text": "Total contract value (\"TCV\") reflects the values of contracts that have been entered into with, or awarded by, our government and commercial customers. TCV includes existing contractual obligations and presumes the exercise of all contract options available to our customers and no termination of contracts; however, the majority of our contracts are subject to termination provisions, including for convenience, and there can be no guarantee that contracts are not terminated or that contract options will be exercised. Billings is defined as revenue plus the change in contract liabilities for the period presented. Please see the appendix for reconciliations of these and other non-GAAP financial measures to the most directly comparable GAAP measures.",
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