{"id":11,"date":"2025-12-27T16:06:48","date_gmt":"2025-12-27T13:06:48","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketriskustr\/?p=11"},"modified":"2025-12-27T16:10:24","modified_gmt":"2025-12-27T13:10:24","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-pltr-palantir-technologies-inc-2025-9-bilanco-analizi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketriskustr\/11","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #PLTR | Palantir Technologies Inc. 2025\/9 Bilan\u00e7o Analizi"},"content":{"rendered":"<p><iframe loading=\"lazy\" title=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #PLTR | Palantir Technologies Inc. 2025\/9 Bilan\u00e7o Analizi\" width=\"858\" height=\"483\" src=\"https:\/\/www.youtube.com\/embed\/MDHZqXzIpW4?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h1>Rakamlar\u0131n Ard\u0131ndaki Hikaye: Palantir&#8217;in Son Raporundan \u00c7\u0131kan 5 S\u00fcrpriz<\/h1>\n<h3>Giri\u015f<\/h3>\n<p>Kurumsal finansal raporlar, genellikle rakamlar, tablolar ve yasal uyar\u0131larla dolu, anla\u015f\u0131lmas\u0131 g\u00fc\u00e7 belgeler olarak g\u00f6r\u00fcl\u00fcr. \u00c7o\u011fu yat\u0131r\u0131mc\u0131 ve analist i\u00e7in bu raporlar\u0131 incelemek, s\u0131k\u0131c\u0131 bir zorunluluktur. Ancak bazen, bu yo\u011fun metinlerin ve karma\u015f\u0131k tablolar\u0131n ard\u0131nda bir \u015firketin gelece\u011fini \u015fekillendiren ola\u011fan\u00fcst\u00fc bir hikaye gizlidir. Palantir&#8217;in son \u00e7eyrek raporu da tam olarak b\u00f6yle bir belge. Rakamlar\u0131n y\u00fczeyinin alt\u0131nda, \u015firketin patlay\u0131c\u0131 b\u00fcy\u00fcmesini, stratejik y\u00f6n de\u011fi\u015fimlerini ve muazzam finansal g\u00fcc\u00fcn\u00fc anlatan b\u00fcy\u00fcleyici bir \u00f6yk\u00fc yat\u0131yor. Bu makale, rapordaki en \u015fa\u015f\u0131rt\u0131c\u0131 ve etkili be\u015f \u00e7\u0131kar\u0131m\u0131 dam\u0131tarak herkesin anlayabilece\u011fi, taranabilir ve net bir listeye d\u00f6n\u00fc\u015ft\u00fcr\u00fcyor.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>1. Ticari B\u00fcy\u00fcme Motoru Alev Ald\u0131<\/h3>\n<p>Palantir uzun y\u0131llard\u0131r devletlerle yapt\u0131\u011f\u0131 \u00e7al\u0131\u015fmalarla tan\u0131nsa da, son rapor \u015firketin ticari alanda ne kadar b\u00fcy\u00fck bir at\u0131l\u0131m i\u00e7inde oldu\u011funu g\u00f6zler \u00f6n\u00fcne seriyor. Rakamlar, \u015firketin ticari faaliyetlerinin art\u0131k sadece bir yan i\u015f olmad\u0131\u011f\u0131n\u0131, aksine ana b\u00fcy\u00fcme motorlar\u0131ndan biri haline geldi\u011fini kan\u0131tl\u0131yor.<\/p>\n<p>30 Eyl\u00fcl 2025&#8217;te sona eren \u00fc\u00e7 ayl\u0131k d\u00f6nemde, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re elde edilen gelir art\u0131\u015f rakamlar\u0131 bu durumu net bir \u015fekilde ortaya koyuyor:<\/p>\n<ul>\n<li><b>Ticari Gelir B\u00fcy\u00fcmesi:<\/b> %73 art\u0131\u015fla 317.2 milyon dolardan 548.4 milyon dolara y\u00fckseldi.<\/li>\n<li><b>Devlet Gelir B\u00fcy\u00fcmesi:<\/b> %55 art\u0131\u015fla 408.3 milyon dolardan 632.7 milyon dolara y\u00fckseldi.<\/li>\n<\/ul>\n<p>Ancak en \u00e7arp\u0131c\u0131 veri, ABD&#8217;deki ticari m\u00fc\u015fterilerden elde edilen gelirin, 2024&#8217;\u00fcn ayn\u0131 d\u00f6nemine k\u0131yasla <b>%121<\/b> gibi inan\u0131lmaz bir oranda artmas\u0131 oldu. Bu, Palantir&#8217;in m\u00fc\u015fteri taban\u0131n\u0131 \u00e7e\u015fitlendirme stratejisinin b\u00fcy\u00fck bir ba\u015far\u0131ya ula\u015ft\u0131\u011f\u0131n\u0131 ve \u015firketin yaln\u0131zca bir devlet m\u00fcteahhidi oldu\u011fu y\u00f6n\u00fcndeki eski anlat\u0131y\u0131 tamamen \u00e7\u00fcr\u00fctt\u00fc\u011f\u00fcn\u00fc g\u00f6steren g\u00fc\u00e7l\u00fc bir sinyaldir. Daha da \u00f6nemlisi, bu 231.2 milyon dolarl\u0131k ticari gelir art\u0131\u015f\u0131n\u0131n 124.1 milyon dolarl\u0131k k\u0131sm\u0131 mevcut m\u00fc\u015fterilerden geldi. Bu, Palantir&#8217;in sadece yeni m\u00fc\u015fteri kazanmakla kalmay\u0131p, mevcut ortakl\u0131klar\u0131n\u0131 da derinle\u015ftirerek daha fazla de\u011fer yaratt\u0131\u011f\u0131n\u0131n alt\u0131n\u0131 \u00e7iziyor.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>2. SPAC Stratejisi S\u00f6n\u00fcyor ve Bu Asl\u0131nda \u0130yi Bir \u015eey<\/h3>\n<p>Ge\u00e7mi\u015fte Palantir, &#8220;Stratejik Ticari S\u00f6zle\u015fmeler&#8221; kar\u015f\u0131l\u0131\u011f\u0131nda, genellikle SPAC (\u00d6zel Ama\u00e7l\u0131 Sat\u0131n Alma \u015eirketi) olan \u015firketlere yat\u0131r\u0131m yapma stratejisi izlemi\u015fti. Bu durum, \u015firketin gelirlerinin bir k\u0131sm\u0131n\u0131n bu t\u00fcr finansal yat\u0131r\u0131mlara ba\u011fl\u0131 oldu\u011fu alg\u0131s\u0131n\u0131 yaratm\u0131\u015ft\u0131. Ancak son rapor, bu stratejinin art\u0131k geri planda kald\u0131\u011f\u0131n\u0131 g\u00f6steriyor. Rapor, \u015firketin 30 Eyl\u00fcl 2025&#8217;te sona eren dokuz ayl\u0131k d\u00f6nemde ve 2024 mali y\u0131l\u0131 boyunca bu t\u00fcr yeni bir yat\u0131r\u0131m yapmad\u0131\u011f\u0131n\u0131 a\u00e7\u0131k\u00e7a belirtiyor. Bu, stratejinin sadece s\u00f6nmekle kalmay\u0131p, aktif olarak durduruldu\u011funu g\u00f6steriyor.<\/p>\n<p>Rapora g\u00f6re, bu Stratejik Ticari S\u00f6zle\u015fmelerden elde edilen gelir \u00f6nemli \u00f6l\u00e7\u00fcde azald\u0131. 30 Eyl\u00fcl&#8217;de sona eren dokuz ayl\u0131k d\u00f6nemde, bu s\u00f6zle\u015fmelerden elde edilen gelir 2024&#8217;te 42.7 milyon dolar iken 2025&#8217;te sadece 13.2 milyon dolara d\u00fc\u015ft\u00fc. \u0130lk bak\u0131\u015fta bir gelir kalemindeki bu d\u00fc\u015f\u00fc\u015f olumsuz gibi g\u00f6r\u00fcnse de, asl\u0131nda tam tersi bir anlama geliyor. Bu durum, Palantir&#8217;in genel ve g\u00fc\u00e7l\u00fc b\u00fcy\u00fcmesinin art\u0131k yat\u0131r\u0131m odakl\u0131 anla\u015fmalardan ziyade, daha organik ve temel ticari faaliyetlerinden kaynakland\u0131\u011f\u0131n\u0131 g\u00f6steren pozitif bir i\u015farettir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>3. Yetenek \u0130\u00e7in Harcanan Yar\u0131m Milyar Dolarl\u0131k &#8220;Gizli&#8221; Maliyet<\/h3>\n<p>Hisse Bazl\u0131 Tazminat (Stock-Based Compensation &#8211; SBC), teknoloji \u015firketlerinin en iyi yetenekleri \u00e7ekmek ve elde tutmak i\u00e7in kulland\u0131\u011f\u0131, nakit \u00e7\u0131k\u0131\u015f\u0131 gerektirmeyen bir gider kalemidir. Palantir&#8217;in raporu, bu maliyetin ne kadar devasa boyutlarda oldu\u011funu ortaya koyuyor.<\/p>\n<p>30 Eyl\u00fcl 2025&#8217;te sona eren dokuz ayl\u0131k d\u00f6nemde, \u015firketin toplam hisse bazl\u0131 tazminat gideri tam olarak <b>487.6 milyon dolar<\/b> oldu. Bu rakam\u0131 daha iyi anlamak i\u00e7in, \u015firketin GAAP faaliyet k\u00e2r\u0131 olan 838.6 milyon dolar\u0131n yar\u0131s\u0131ndan fazlas\u0131n\u0131 olu\u015fturdu\u011funu ve &#8220;D\u00fczeltilmi\u015f Faaliyet Geliri&#8221; hesaplamas\u0131nda k\u00e2ra geri eklenen en b\u00fcy\u00fck kalem oldu\u011funu bilmek gerekir.<\/p>\n<p>Bu neden \u00f6nemli? Hisse bazl\u0131 tazminat, \u015firketin kasas\u0131ndan do\u011frudan nakit \u00e7\u0131k\u0131\u015f\u0131na neden olmasa da, iki \u00f6nemli ger\u00e7e\u011fi yans\u0131t\u0131r: Birincisi, rekabet\u00e7i teknoloji sekt\u00f6r\u00fcnde en \u00fcst d\u00fczey yetenekleri \u00e7ekmenin ve tutman\u0131n ne kadar maliyetli oldu\u011funu g\u00f6sterir. \u0130kincisi, bu durum mevcut hissedarlar i\u00e7in hisse seyreltilmesi (dilution) anlam\u0131na gelir. Bu, \u015firketin b\u00fcy\u00fcmesinin ard\u0131ndaki insan sermayesi maliyetinin ne kadar y\u00fcksek oldu\u011funu g\u00f6steren kritik bir veridir.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>4. Milyarlarca Dolarl\u0131k Bir Bilan\u00e7o Kalesi<\/h3>\n<p>Palantir, inan\u0131lmaz derecede g\u00fc\u00e7l\u00fc bir finansal pozisyona sahip. Rapor, \u015firketin bilan\u00e7osunun adeta bir kale gibi sa\u011flam oldu\u011funu g\u00f6steriyor ve bu da ona b\u00fcy\u00fck bir esneklik ve dayan\u0131kl\u0131l\u0131k sa\u011fl\u0131yor.<\/p>\n<p>30 Eyl\u00fcl 2025 itibar\u0131yla \u015firketin bilan\u00e7osundaki kilit rakamlar \u015f\u00f6yle:<\/p>\n<ul>\n<li>Nakit ve nakit benzerleri: 1.62 milyar dolar<\/li>\n<li>Pazarlanabilir menkul k\u0131ymetler: 4.82 milyar dolar<\/li>\n<\/ul>\n<p>Bu iki kalemin toplam\u0131, Palantir&#8217;in elinde yakla\u015f\u0131k <b>6.4 milyar dolarl\u0131k<\/b> likit varl\u0131k bulundu\u011funu g\u00f6steriyor. Daha da \u00f6nemlisi, raporun &#8220;Likidite ve Sermaye Kaynaklar\u0131&#8221; b\u00f6l\u00fcm\u00fcne g\u00f6re, \u015firketin 30 Eyl\u00fcl 2025 itibar\u0131yla <b>hi\u00e7bir borcu bulunmuyordu<\/b>. Ayr\u0131ca, \u015firketin 500 milyon dolarl\u0131k bir kredi limitine eri\u015fimi bulunuyor ve bu limitin tamam\u0131 kullan\u0131lmam\u0131\u015f durumda. Bu, Palantir&#8217;in sadece bor\u00e7suz olmakla kalmay\u0131p, ihtiya\u00e7 duymas\u0131 halinde an\u0131nda eri\u015febilece\u011fi ek bir finansal g\u00fcce de sahip oldu\u011funu g\u00f6steriyor.<\/p>\n<p>Bu finansal g\u00fc\u00e7, \u015firketin d\u0131\u015f finansmana ihtiya\u00e7 duymadan Ar-Ge&#8217;ye yo\u011fun yat\u0131r\u0131m yapmas\u0131na, stratejik sat\u0131n almalar ger\u00e7ekle\u015ftirmesine ve olas\u0131 ekonomik belirsizlikleri kolayca atlatmas\u0131na olanak tan\u0131r. Bu, Palantir&#8217;in uzun vadeli hedeflerine odaklanabilmesi i\u00e7in ona muazzam bir \u00f6zg\u00fcrl\u00fck alan\u0131 sa\u011flar.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>5. Kontrol Hala Kurucular\u0131n Elinde<\/h3>\n<p>Palantir&#8217;in finansal yap\u0131s\u0131 kadar kurumsal y\u00f6netim yap\u0131s\u0131 da dikkat \u00e7ekici. \u015eirketteki t\u00fcm hisseler, oy g\u00fcc\u00fc a\u00e7\u0131s\u0131ndan e\u015fit yarat\u0131lmam\u0131\u015ft\u0131r. Bu yap\u0131, \u015firketin stratejik kontrol\u00fcn\u00fcn kurucular\u0131n elinde kalmas\u0131n\u0131 sa\u011fl\u0131yor.<\/p>\n<p>Rapora g\u00f6re, \u015firketin \u00fc\u00e7 farkl\u0131 hisse s\u0131n\u0131f\u0131 bulunuyor: Class A (hisse ba\u015f\u0131na 1 oy), Class B (hisse ba\u015f\u0131na 10 oy) ve en g\u00fc\u00e7l\u00fcs\u00fc olan Class F. T\u00fcm Class F hisseleri, kurucular (Stephen Cohen, Alexander Karp ve Peter Thiel) taraf\u0131ndan kurulan bir oy birli\u011fi tr\u00f6st\u00fc taraf\u0131ndan tutulmaktad\u0131r. Bu Class F hisseleri, kuruculara \u015firketin toplam oy g\u00fcc\u00fcn\u00fcn <b>%49.999999&#8217;una kadar\u0131n\u0131<\/b> kontrol etme imkan\u0131 veriyor.<\/p>\n<p>Bu ne anlama geliyor? Bu yap\u0131, \u015firketin k\u0131sa vadeli hissedar bask\u0131lar\u0131ndan yal\u0131t\u0131lm\u0131\u015f, uzun vadeli ve kurucu odakl\u0131 bir stratejik vizyonla y\u00f6netilmesini garanti alt\u0131na al\u0131yor. Bu durum, Palantir&#8217;in kurumsal kimli\u011finin en temel ve s\u0131k\u00e7a tart\u0131\u015f\u0131lan y\u00f6nlerinden biridir ve \u015firketin gelecekteki kararlar\u0131n\u0131n kimler taraf\u0131ndan al\u0131naca\u011f\u0131n\u0131 net bir \u015fekilde ortaya koymaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h3>Sonu\u00e7<\/h3>\n<p>Palantir&#8217;in son finansal raporu, rakamlar\u0131n \u00f6tesine ge\u00e7erek bir d\u00f6n\u00fc\u015f\u00fcm hikayesi anlat\u0131yor: Patlayan bir ticari b\u00fcy\u00fcme, SPAC odakl\u0131 anla\u015fmalardan stratejik bir uzakla\u015fma, yetenek i\u00e7in \u00f6denen devasa bedeller, sars\u0131lmaz bir bilan\u00e7o ve kurucular\u0131n elinde s\u0131k\u0131ca tutulan bir kontrol mekanizmas\u0131.<\/p>\n<p>Bu ola\u011fan\u00fcst\u00fc b\u00fcy\u00fcme, stratejik de\u011fi\u015fim ve benzersiz y\u00f6netim yap\u0131s\u0131yla Palantir bir d\u00f6n\u00fcm noktas\u0131nda. As\u0131l soru \u015fu: Bir devlet m\u00fcteahhitli\u011finden ticari bir yaz\u0131l\u0131m devine d\u00f6n\u00fc\u015f\u00fcrken bu ivmeyi s\u00fcrd\u00fcrebilecek mi?<\/p>\n<p>&nbsp;<\/p>\n<h1><span style=\"color: #0000ff;\">Palantir Technologies Inc. \u00dc\u00e7\u00fcnc\u00fc \u00c7eyrek 2025 Finansal Raporu Brifingi<\/span><\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Palantir Technologies Inc. taraf\u0131ndan sunulan 30 Eyl\u00fcl 2025&#8217;te sona eren \u00fc\u00e7 ayl\u0131k d\u00f6neme ait Form 10-Q raporu, \u015firketin hem gelir hem de k\u00e2rl\u0131l\u0131kta kaydetti\u011fi g\u00fc\u00e7l\u00fc b\u00fcy\u00fcmeyi ortaya koymaktad\u0131r. \u015eirket, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine k\u0131yasla %63&#8217;l\u00fck bir gelir art\u0131\u015f\u0131 sergileyerek 1,18 milyar dolara ula\u015fm\u0131\u015ft\u0131r. Bu b\u00fcy\u00fcme, hem kamu (%55 art\u0131\u015f) hem de ticari (%73 art\u0131\u015f) segmentlerdeki g\u00fc\u00e7l\u00fc performanstan kaynaklanmaktad\u0131r. \u00d6zellikle ABD ticari segmenti, y\u0131ll\u0131k bazda %121&#8217;lik dikkat \u00e7ekici bir b\u00fcy\u00fcme kaydetmi\u015ftir.<\/p>\n<p>Operasyonel verimlilikteki art\u0131\u015fla birlikte k\u00e2rl\u0131l\u0131k metrikleri de \u00f6nemli \u00f6l\u00e7\u00fcde iyile\u015fmi\u015ftir. \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte faaliyet geliri 393,3 milyon dolara y\u00fckselirken, net gelir 476,7 milyon dolara ula\u015fm\u0131\u015ft\u0131r. Bu rakamlar, \u015firketin \u00f6l\u00e7eklenirken k\u00e2rl\u0131l\u0131\u011f\u0131n\u0131 s\u00fcrd\u00fcrme ve art\u0131rma yetene\u011fini g\u00f6stermektedir. \u015eirketin bilan\u00e7osu, 30 Eyl\u00fcl 2025 itibar\u0131yla toplam 6,4 milyar dolarl\u0131k nakit, nakit benzerleri ve k\u0131sa vadeli ABD Hazine bonolar\u0131 ile g\u00fc\u00e7l\u00fc kalmaya devam etmektedir.<\/p>\n<p>M\u00fc\u015fteri taban\u0131 ge\u00e7en y\u0131la g\u00f6re 629&#8217;dan 911&#8217;e y\u00fckselmi\u015f, bu da \u015firketin pazar pay\u0131n\u0131 geni\u015fletti\u011fini g\u00f6stermektedir. \u015eirketin yeni yapay zeka platformu AIP, hem ticari hem de kamu sekt\u00f6rlerinde b\u00fcy\u00fcme i\u00e7in kilit bir fakt\u00f6r olarak konumland\u0131r\u0131lm\u0131\u015ft\u0131r. Bununla birlikte rapor, uzun sat\u0131\u015f d\u00f6ng\u00fcleri, b\u00fcy\u00fck m\u00fc\u015fterilere olan ba\u011f\u0131ml\u0131l\u0131k, yo\u011fun rekabet ve kamu sekt\u00f6r\u00fc s\u00f6zle\u015fmeleriyle ili\u015fkili riskler gibi devam eden zorluklar\u0131 da vurgulamaktad\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Finansal Performans Analizi (Q3 2025)<\/h2>\n<p>\u015eirketin finansal tablolar\u0131, 2024&#8217;\u00fcn ayn\u0131 d\u00f6nemleriyle kar\u015f\u0131la\u015ft\u0131r\u0131ld\u0131\u011f\u0131nda 2025&#8217;in \u00fc\u00e7\u00fcnc\u00fc \u00e7eyre\u011fi ve ilk dokuz ay\u0131 i\u00e7in \u00f6nemli bir b\u00fcy\u00fcme ve k\u00e2rl\u0131l\u0131k art\u0131\u015f\u0131 g\u00f6stermektedir.<\/p>\n<h3>Gelir B\u00fcy\u00fcmesi<\/h3>\n<p>Toplam gelir, hem kamu hem de ticari segmentlerdeki g\u00fc\u00e7l\u00fc taleple desteklenen \u00f6nemli bir art\u0131\u015f g\u00f6stermi\u015ftir.<\/p>\n<p><b>Gelir Kar\u015f\u0131la\u015ft\u0131rmas\u0131 (bin ABD Dolar\u0131 cinsinden)<\/b> | D\u00f6nem | 2025 Geliri | 2024 Geliri | De\u011fi\u015fim (%) | | :&#8212; | :&#8212; | :&#8212; | :&#8212; | | <b>\u00dc\u00e7 Ayl\u0131k (Q3)<\/b> | <b>1.181.092** | **<\/b><b>725.516<\/b> | <b>+63%<\/b> | | H\u00fck\u00fcmet | $632.676 | $408.341 | +55% | | Ticari | $548.416 | 317.175 | +73% | | **Dokuz Ayl\u0131k (YTD)** | **3.068.644** | <b>$2.037.988<\/b> | <b>+51%<\/b> | | H\u00fck\u00fcmet | $1.672.622 | $1.114.481 | +50% | | Ticari | $1.396.022 | $923.507 | +51% |<\/p>\n<ul>\n<li><b>ABD Ticari Gelirleri:<\/b> \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemine g\u00f6re %121 artarak 179,2 milyon dolardan 396,7 milyon dolara y\u00fckselmi\u015ftir. Dokuz ayl\u0131k d\u00f6nemde ise %96&#8217;l\u0131k bir art\u0131\u015fla 958,6 milyon dolara ula\u015fm\u0131\u015ft\u0131r.<\/li>\n<li><b>ABD Kamu Gelirleri:<\/b> \u00dc\u00e7\u00fcnc\u00fc \u00e7eyrekte 319,8 milyon dolardan 485,9 milyon dolara y\u00fckselmi\u015ftir.<\/li>\n<\/ul>\n<h3>K\u00e2rl\u0131l\u0131k ve Marjlar<\/h3>\n<p>K\u00e2rl\u0131l\u0131k metrikleri, artan gelir ve operasyonel verimlilik sayesinde \u00f6nemli \u00f6l\u00e7\u00fcde iyile\u015fmi\u015ftir.<\/p>\n<p><b>K\u00e2rl\u0131l\u0131k Metrikleri (bin ABD Dolar\u0131 cinsinden)<\/b> | Metrik | Q3 2025 | Q3 2024 | YTD 2025 | YTD 2024 | | :&#8212; | :&#8212; | :&#8212; | :&#8212; | :&#8212; | | Br\u00fct K\u00e2r | $973.785 | $578.877 | $2.495.433 | $1.646.531 | | <i>Br\u00fct Marj<\/i> | <i>82%<\/i> | <i>80%<\/i> | <i>81%<\/i> | <i>81%<\/i> | | Faaliyet Geliri | $393.256 | $113.140 | $838.621 | $299.360 | | <i>Faaliyet Marj\u0131<\/i> | <i>33%<\/i> | <i>16%<\/i> | <i>27%<\/i> | <i>15%<\/i> | | Net Gelir | $476.748 | $149.341 | $1.023.037 | $390.982 | | <i>Net Marj<\/i> | <i>40%<\/i> | <i>21%<\/i> | <i>33%<\/i> | <i>19%<\/i> |<\/p>\n<h3>Hisse Ba\u015f\u0131na Kazan\u00e7 (EPS)<\/h3>\n<p>Artan net gelir, hisse ba\u015f\u0131na kazan\u00e7 rakamlar\u0131na da yans\u0131m\u0131\u015ft\u0131r.<\/p>\n<ul>\n<li><b>Temel EPS:<\/b> Q3 2025&#8217;te 0,20 dolar olarak ger\u00e7ekle\u015fmi\u015f, Q3 2024&#8217;teki 0,06 dolara g\u00f6re \u00f6nemli bir art\u0131\u015f g\u00f6stermi\u015ftir.<\/li>\n<li><b>Seyreltilmi\u015f EPS:<\/b> Q3 2025&#8217;te 0,18 dolar olarak ger\u00e7ekle\u015fmi\u015f, Q3 2024&#8217;teki 0,06 dolara k\u0131yasla artm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<h3>Bilan\u00e7o ve Nakit Ak\u0131\u015f\u0131<\/h3>\n<p>\u015eirket, operasyonel gereksinimlerini ve stratejik yat\u0131r\u0131mlar\u0131n\u0131 desteklemek i\u00e7in g\u00fc\u00e7l\u00fc bir likidite pozisyonunu korumaktad\u0131r.<\/p>\n<ul>\n<li><b>Nakit ve Yat\u0131r\u0131mlar:<\/b> 30 Eyl\u00fcl 2025 itibar\u0131yla \u015firketin nakit, nakit benzerleri ve k\u0131sa vadeli ABD Hazine bonolar\u0131 toplam\u0131 6,4 milyar dolard\u0131r.<\/li>\n<li><b>Nakit Ak\u0131\u015f\u0131:<\/b> Dokuz ayl\u0131k d\u00f6nemde faaliyetlerden sa\u011flanan net nakit ak\u0131\u015f\u0131, bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki 693,5 milyon dolara k\u0131yasla 1,36 milyar dolara y\u00fckselmi\u015ftir. Bu art\u0131\u015f, temel olarak gelir b\u00fcy\u00fcmesinden kaynaklanmaktad\u0131r.<\/li>\n<li><b>Bor\u00e7:<\/b> \u015eirketin 30 Eyl\u00fcl 2025 itibar\u0131yla \u00f6denmemi\u015f borcu bulunmamaktad\u0131r ve kredi tesisi kapsam\u0131nda 500 milyon dolarl\u0131k kullan\u0131lmam\u0131\u015f taahh\u00fcd\u00fc bulunmaktad\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. M\u00fc\u015fteri ve Segment Analizi<\/h2>\n<p>\u015eirket, m\u00fc\u015fteri taban\u0131n\u0131 geni\u015fletmeye ve mevcut m\u00fc\u015fterilerle ili\u015fkilerini derinle\u015ftirmeye devam etmektedir.<\/p>\n<h3>M\u00fc\u015fteri Metrikleri<\/h3>\n<ul>\n<li><b>Toplam M\u00fc\u015fteri Say\u0131s\u0131:<\/b> 30 Eyl\u00fcl 2025 itibar\u0131yla 911 m\u00fc\u015fteriye ula\u015f\u0131lm\u0131\u015f, bu say\u0131 bir \u00f6nceki y\u0131l\u0131n ayn\u0131 d\u00f6nemindeki 629&#8217;a g\u00f6re %45&#8217;lik bir art\u0131\u015f\u0131 temsil etmektedir.<\/li>\n<li><b>M\u00fc\u015fteri Geni\u015flemesi:<\/b> En b\u00fcy\u00fck yirmi m\u00fc\u015fteriden elde edilen ortalama gelir, son on iki ayl\u0131k d\u00f6nemde %38 artarak 60,1 milyon dolardan 83,0 milyon dolara \u00e7\u0131km\u0131\u015ft\u0131r.<\/li>\n<li><b>M\u00fc\u015fteri Yo\u011funlu\u011fu:<\/b> \u0130lk \u00fc\u00e7 m\u00fc\u015fteri, 30 Eyl\u00fcl 2025&#8217;te sona eren dokuz ayl\u0131k d\u00f6nemde gelirin %16&#8217;s\u0131n\u0131 olu\u015fturmu\u015ftur.<\/li>\n<\/ul>\n<h3>Co\u011frafi Da\u011f\u0131l\u0131m<\/h3>\n<p>\u015eirketin gelirlerinin b\u00fcy\u00fck bir k\u0131sm\u0131 ABD&#8217;deki m\u00fc\u015fterilerden gelmektedir ve bu pay artmaya devam etmektedir.<\/p>\n<p><b>Co\u011frafi Gelir Da\u011f\u0131l\u0131m\u0131 (Q3 2025 vs. Q3 2024)<\/b> | B\u00f6lge | Q3 2025 Gelir Y\u00fczdesi | Q3 2024 Gelir Y\u00fczdesi | | :&#8212; | :&#8212; | :&#8212; | | ABD | 75% | 69% | | Birle\u015fik Krall\u0131k | 10% | 10% | | Di\u011fer \u00dclkeler | 15% | 21% |<\/p>\n<h3>Stratejik Ticari S\u00f6zle\u015fmeler<\/h3>\n<p>\u015eirketin 2021-2022 y\u0131llar\u0131 aras\u0131nda yapt\u0131\u011f\u0131 yat\u0131r\u0131m anla\u015fmalar\u0131yla ba\u011flant\u0131l\u0131 ticari s\u00f6zle\u015fmelerden elde etti\u011fi gelir azalmaktad\u0131r.<\/p>\n<ul>\n<li><b>Q3 2025 Geliri:<\/b> 2,9 milyon dolar (Q3 2024: 9,6 milyon dolar)<\/li>\n<li><b>YTD 2025 Geliri:<\/b> 13,2 milyon dolar (YTD 2024: 42,7 milyon dolar)<\/li>\n<li><b>Toplam S\u00f6zle\u015fme De\u011feri:<\/b> Bu s\u00f6zle\u015fmelerin k\u00fcm\u00fclatif tan\u0131nan geliri ve kalan anla\u015fma de\u011feri 30 Eyl\u00fcl 2025 itibar\u0131yla 330,2 milyon dolard\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Operasyonel Geli\u015fmeler ve Giderler<\/h2>\n<p>\u015eirket b\u00fcy\u00fcmeye devam ederken, faaliyet giderleri mutlak olarak artmakta ancak gelir y\u00fczdesi olarak azalmaktad\u0131r, bu da artan operasyonel kald\u0131rac\u0131 g\u00f6stermektedir.<\/p>\n<h3>Faaliyet Giderleri<\/h3>\n<p>Faaliyet giderleri Q3 2025&#8217;te gelirin %49&#8217;unu olu\u015fturmu\u015f, bu oran Q3 2024&#8217;te %64 olarak ger\u00e7ekle\u015fmi\u015ftir.<\/p>\n<p><b>Faaliyet Giderleri D\u00f6k\u00fcm\u00fc (bin ABD Dolar\u0131 cinsinden)<\/b> | Gider Kalemi | Q3 2025 | Q3 2024 | De\u011fi\u015fim (%) | | :&#8212; | :&#8212; | :&#8212; | :&#8212; | | Sat\u0131\u015f ve Pazarlama | $274.636 | $209.474 | +31% | | Ara\u015ft\u0131rma ve Geli\u015ftirme | $144.191 | $117.555 | +23% | | Genel ve \u0130dari | $161.702 | 138.708 | +17% | | **Toplam** | **580.529** | <b>$465.737<\/b> | <b>+25%<\/b> |<\/p>\n<ul>\n<li><b>Sat\u0131\u015f ve Pazarlama:<\/b> Art\u0131\u015f, temel olarak personel ve ilgili maliyetlerdeki (24,6 milyon dolar) ve hisse bazl\u0131 tazminattaki (16,6 milyon dolar) art\u0131\u015flardan kaynaklanmaktad\u0131r.<\/li>\n<li><b>Ar-Ge:<\/b> Art\u0131\u015f, temel olarak \u00fc\u00e7\u00fcnc\u00fc taraf bulut bar\u0131nd\u0131rma hizmetlerindeki (12,3 milyon dolar) ve hisse bazl\u0131 tazminattaki (8,4 milyon dolar) art\u0131\u015flardan kaynaklanmaktad\u0131r.<\/li>\n<\/ul>\n<h3>Hisse Bazl\u0131 Tazminat (SBC)<\/h3>\n<p>SBC, \u00f6nemli bir gider kalemi olmaya devam etmektedir.<\/p>\n<ul>\n<li><b>Q3 2025 SBC Gideri:<\/b> 172,3 milyon dolar (Q3 2024: 142,4 milyon dolar), %21 art\u0131\u015f.<\/li>\n<li><b>YTD 2025 SBC Gideri:<\/b> 487,6 milyon dolar (YTD 2024: 409,8 milyon dolar), %19 art\u0131\u015f.<\/li>\n<\/ul>\n<h3>Hisse Geri Al\u0131m Program\u0131<\/h3>\n<p>\u015eirket, hisse geri al\u0131m program\u0131 kapsam\u0131nda aktif olarak hisse senedi geri al\u0131m\u0131 yapmaktad\u0131r.<\/p>\n<ul>\n<li><b>Q3 2025 Geri Al\u0131mlar\u0131:<\/b> 0,1 milyon adet A S\u0131n\u0131f\u0131 hisse senedi, 19,2 milyon dolar kar\u015f\u0131l\u0131\u011f\u0131nda geri al\u0131nm\u0131\u015ft\u0131r.<\/li>\n<li><b>Kalan Yetki:<\/b> 30 Eyl\u00fcl 2025 itibar\u0131yla program kapsam\u0131nda yakla\u015f\u0131k 880,0 milyon dolarl\u0131k yetki kalm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Stratejik Konular ve Risk Fakt\u00f6rleri<\/h2>\n<p>Rapor, \u015firketin stratejik y\u00f6n\u00fcn\u00fc ve kar\u015f\u0131la\u015ft\u0131\u011f\u0131 \u00f6nemli riskleri detayland\u0131rmaktad\u0131r.<\/p>\n<h3>Yapay Zeka Platformu (AIP)<\/h3>\n<p>2023&#8217;te piyasaya s\u00fcr\u00fclen AIP, \u015firketin en yeni teklifidir. M\u00fc\u015fterilerin, \u015firketin mevcut yaz\u0131l\u0131m platformlar\u0131n\u0131 \u00fcretken yapay zeka modelleriyle (B\u00fcy\u00fck Dil Modelleri &#8211; LLM&#8217;ler dahil) birle\u015ftirerek yapay zekadaki son geli\u015fmelerden de\u011fer elde etmelerini sa\u011flamak \u00fczere tasarlanm\u0131\u015ft\u0131r. \u015eirket, AIP&#8217;nin kullan\u0131c\u0131lar\u0131n LLM&#8217;leri ve di\u011fer yapay zekalar\u0131 kendi verileri ve operasyonlar\u0131yla birle\u015ftirerek yasal, etik ve g\u00fcvenlik k\u0131s\u0131tlamalar\u0131 dahilinde karar almay\u0131 kolayla\u015ft\u0131rd\u0131\u011f\u0131na inanmaktad\u0131r.<\/p>\n<h3>\u00d6nemli Riskler<\/h3>\n<p>Form 10-Q, \u015firketin i\u015fini etkileyebilecek bir dizi \u00f6nemli riski \u00f6zetlemektedir:<\/p>\n<ul>\n<li><b>Gelir B\u00fcy\u00fcmesini S\u00fcrd\u00fcrme:<\/b> \u015eirketin son d\u00f6nemdeki h\u0131zl\u0131 gelir art\u0131\u015f\u0131n\u0131 gelecekte s\u00fcrd\u00fcrememe riski bulunmaktad\u0131r. Makroekonomik ko\u015fullar, artan rekabet ve m\u00fc\u015fteri talebindeki yava\u015flama bu riski art\u0131rabilir.<\/li>\n<li><b>M\u00fc\u015fteri Ba\u011f\u0131ml\u0131l\u0131\u011f\u0131 ve Sat\u0131\u015f D\u00f6ng\u00fcs\u00fc:<\/b> Gelirlerin \u00f6nemli bir k\u0131sm\u0131n\u0131n s\u0131n\u0131rl\u0131 say\u0131da b\u00fcy\u00fck m\u00fc\u015fteriden gelmesi ve bu m\u00fc\u015fterilerle yap\u0131lan sat\u0131\u015flar\u0131n genellikle 12 aydan uzun s\u00fcren, karma\u015f\u0131k ve \u00f6ng\u00f6r\u00fclemeyen sat\u0131\u015f d\u00f6ng\u00fcleri gerektirmesi \u00f6nemli bir risktir.<\/li>\n<li><b>Kamu Sekt\u00f6r\u00fc Ba\u011f\u0131ml\u0131l\u0131\u011f\u0131:<\/b> Gelirlerin \u00f6nemli bir k\u0131sm\u0131n\u0131n kamu sekt\u00f6r\u00fc s\u00f6zle\u015fmelerinden elde edilmesi, \u015firketi h\u00fck\u00fcmet b\u00fct\u00e7elerindeki, harcama \u00f6nceliklerindeki ve ihale politikalar\u0131ndaki de\u011fi\u015fikliklere kar\u015f\u0131 savunmas\u0131z b\u0131rakmaktad\u0131r. S\u00f6zle\u015fmeler genellikle m\u00fc\u015fteri taraf\u0131ndan tek tarafl\u0131 feshedilebilir.<\/li>\n<li><b>Yo\u011fun Rekabet:<\/b> Pazar, b\u00fcy\u00fck kurumsal yaz\u0131l\u0131m \u015firketleri, devlet m\u00fcteahhitleri ve sistem entegrat\u00f6rleri de dahil olmak \u00fczere yo\u011fun bir rekabete sahiptir.<\/li>\n<li><b>Yapay Zeka (AI) ile \u0130lgili Riskler:<\/b> YZ algoritmalar\u0131ndaki kusurlar, verilerdeki yanl\u0131l\u0131klar, d\u00fczenleyici ortam\u0131n geli\u015fmesi ve YZ kullan\u0131m\u0131ndan kaynaklanabilecek potansiyel yasal sorumluluklar, \u015firketin itibar\u0131na ve i\u015fine zarar verebilir.<\/li>\n<li><b>\u00dc\u00e7\u00fcnc\u00fc Taraf Altyap\u0131 Ba\u011f\u0131ml\u0131l\u0131\u011f\u0131:<\/b> \u015eirket, bulut tabanl\u0131 hizmetleri i\u00e7in b\u00fcy\u00fck \u00f6l\u00e7\u00fcde Amazon Web Services (AWS) ve Microsoft Azure gibi \u00fc\u00e7\u00fcnc\u00fc taraf altyap\u0131lar\u0131na ba\u011f\u0131ml\u0131d\u0131r. Bu hizmetlerdeki kesintiler veya performans sorunlar\u0131 \u015firketin operasyonlar\u0131n\u0131 olumsuz etkileyebilir.<\/li>\n<\/ul>\n<h3>Hukuki S\u00fcre\u00e7ler<\/h3>\n<ul>\n<li><b>Menkul K\u0131ymetler Toplu Davas\u0131 (<\/b><code><b>Cupat v. Palantir<\/b><\/code><b>):<\/b> Bu dava 4 Nisan 2025&#8217;te lehe sonu\u00e7lanarak reddedilmi\u015f, ancak davac\u0131lar 2 May\u0131s 2025&#8217;te temyiz ba\u015fvurusunda bulunmu\u015flard\u0131r.<\/li>\n<li><b>Hissedar T\u00fcrev Davalar\u0131:<\/b> \u015eirketin baz\u0131 mevcut ve eski y\u00f6netici ve direkt\u00f6rlerine kar\u015f\u0131 a\u00e7\u0131lm\u0131\u015f, temel olarak menkul k\u0131ymetler davas\u0131ndaki iddialarla ilgili olan birka\u00e7 t\u00fcrev dava devam etmektedir.<\/li>\n<\/ul>\n<h3>Y\u00f6netim Yap\u0131s\u0131<\/h3>\n<ul>\n<li>\u015eirketin \u00e7ok s\u0131n\u0131fl\u0131 hisse senedi yap\u0131s\u0131 (A S\u0131n\u0131f\u0131, B S\u0131n\u0131f\u0131 ve F S\u0131n\u0131f\u0131), oy g\u00fcc\u00fcn\u00fc kurucular olan Stephen Cohen, Alexander Karp ve Peter Thiel&#8217;de yo\u011funla\u015ft\u0131rmaktad\u0131r. F S\u0131n\u0131f\u0131 hisseler, kuruculara \u015firketin toplam oy g\u00fcc\u00fcn\u00fcn %49,999999&#8217;una kadar\u0131n\u0131 kontrol etme imkan\u0131 tan\u0131maktad\u0131r. Bu yap\u0131, kuruculara se\u00e7imler, birle\u015fmeler ve di\u011fer \u00f6nemli kurumsal i\u015flemler \u00fczerinde etkin bir kontrol sa\u011flamaktad\u0131r.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bu belgeler, **Palantir Technologies Inc.** \u015firketinin 30 Eyl\u00fcl 2025 tarihinde sona eren d\u00f6neme ait **\u00fc\u00e7\u00fcnc\u00fc \u00e7eyrek mali sonu\u00e7lar\u0131n\u0131** i\u00e7eren resmi **SEC Form 10-Q** raporudur. Kaynaklar, \u015firketin **gelir art\u0131\u015f\u0131n\u0131**, k\u00e2rl\u0131l\u0131k durumunu ve **yapay zeka platformu (AIP)** gibi temel \u00fcr\u00fcnlerinin performans\u0131n\u0131 detayland\u0131ran kapsaml\u0131 **finansal tablolar\u0131** sunmaktad\u0131r. Metinde ayr\u0131ca, **h\u00fck\u00fcmet ve ticari segmentlerdeki** m\u00fc\u015fteri kazan\u0131mlar\u0131, operasyonel harcamalar ve devam eden **hukuki s\u00fcre\u00e7ler** hakk\u0131nda bilgiler yer almaktad\u0131r. \u015eirket y\u00f6netimi, **makroekonomik riskleri**, hisse senedi bazl\u0131 tazminatlar\u0131 ve **kurucu ortaklar\u0131n** oy g\u00fcc\u00fc \u00fczerindeki kontrol\u00fcn\u00fc i\u00e7eren stratejik risk fakt\u00f6rlerini analiz etmektedir. Son olarak rapor, \u00fcst d\u00fczey y\u00f6neticilerin hisse senedi al\u0131m sat\u0131m planlar\u0131n\u0131 ve **vergi d\u00fczenlemelerindeki** g\u00fcncel de\u011fi\u015fikliklerin olas\u0131 etkilerini belgelemektedir.<\/p>\n","protected":false},"author":1,"featured_media":14,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3],"class_list":["post-11","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-pltr"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/11","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/comments?post=11"}],"version-history":[{"count":3,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/11\/revisions"}],"predecessor-version":[{"id":15,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/posts\/11\/revisions\/15"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/media\/14"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/media?parent=11"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/categories?post=11"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketriskustr\/wp-json\/wp\/v2\/tags?post=11"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}