About
Palantir builds software that integrates organizational data, decisions, and operations, including its AIP, Gotham, Foundry, Ontology, and Apollo platforms. It sells to government agencies and commercial institutions, differentiating itself through an integrated software stack that connects data with operational decision-making, AI, and automation.
Market
Palantir competes in enterprise data integration, analytics, AI, and decision-intelligence software, with a particularly strong position in government, defense, and regulated industries. It differentiates through an integrated Ontology that connects data to operational workflows, AIP's connection of generative AI to operations, and secure deployment and governance capabilities rather than offering only standalone cloud, analytics, or AI infrastructure.
Palantir targets large, complex organizations in the public, private, and nonprofit sectors, especially government and defense, financial services, healthcare, manufacturing, and other highly regulated industries. Its primary buyers and users are data, technology, analytics, operations, and mission leaders who need secure, governed systems that connect fragmented data to real-world workflows and decisions.
At a Glance
Problem
Organizations often have abundant but fragmented data spread across enterprise systems, sensors, documents, and operational tools, making it difficult to form a shared, real-time view of what is happening and translate analysis into action. The resulting pain is slow, inconsistent, and costly decision-making in environments where errors can affect a mission, supply chain, factory, public-health response, or financial-compliance process. Palantir’s strongest use cases are therefore high-stakes operational decisions, such as coordinating government missions, managing supply chains, responding to disasters, or detecting financial crime. In one cited banking example, Palantir says its transaction-monitoring software resolved alerts 60% faster at 90% lower cost.
Product / Service
Palantir provides enterprise software platforms that integrate an organization’s data, decisions, and operations. Foundry uses an Ontology to represent the enterprise’s objects, relationships, logic, actions, and security, turning fragmented sources into a coherent operating picture and enabling workflows to write back into operational systems. AIP connects generative AI and other models to that governed data and operational context, allowing developers and frontline users to build AI-powered workflows, agents, and applications with auditability and access controls. Apollo supports deployment and management of the resulting software, while Palantir’s customer-embedded approach helps encode domain-specific operational knowledge into reusable products.
Market
Palantir competes in the overlapping markets for enterprise data integration, analytics, operational software, and applied artificial intelligence. Its competitive set includes large technology and enterprise-software providers such as Microsoft, Amazon Web Services, Google, IBM, Salesforce, and Informatica, as well as Alteryx, Qlik, SAS, government contractors, systems integrators, and newer data and AI companies. The company differentiates itself by connecting analysis directly to operational decisions and workflows rather than offering analytics as a standalone reporting layer.
Palantir is an established, revenue-generating company rather than a pre-revenue startup. For fiscal 2025, it reported $4.475 billion in revenue, up 56% year over year, from 954 customers; 54% of revenue came from government customers and 46% from commercial customers. Its Q4 2025 revenue was $1.407 billion, up 70% year over year, and it closed 180 deals worth at least $1 million, indicating substantial traction while also showing that government remains a major part of the business and commercial adoption is expanding rapidly.
Founders & Leadership
Funding History
Pensco
Founders Fund
Founders Fund
Morgan Stanley, San Francisco Sentry, In-Q-Tel, Founders Fund, Artis Ventures
Sompo Holdings
Recent News
Palantir and Surf Air Mobility expanded their partnership and committed additional engineering and go-to-market resources to commercialize SurfOS products, including OperatorOS, OwnerOS, and SurfOS Enterprise Solutions. SurfOS is powered by Palantir Foundry and AIP.
McCarthy and Palantir announced a multi-year, multi-million-dollar partnership to expand AI and data-driven decision-making across McCarthy’s operations. A key initiative is McCarthy’s AI Operations Suite, Pulse, which supports real-time insight, scenario planning, risk analysis, and decision orchestration.
Palantir announced a multi-tiered Google Cloud partnership that made Palantir available on Google Cloud Marketplace. The integration includes two-way data federation between BigQuery and Foundry, semantic exchange between Google Knowledge Catalog and Foundry Ontology, and deeper connectivity between Gemini and AIP.
Palantir reported first-quarter revenue of $1.63 billion, ahead of the $1.54 billion consensus estimate, while adjusted earnings per share were 33 cents versus 28 cents expected. The company’s revenue grew approximately 85% year over year.
Palantir renewed and expanded its long-standing Stellantis partnership for five years. Stellantis will broaden its use of Foundry and begin deploying AIP in selected business functions and regions, connecting generative AI to its internal data, business rules, and decision processes.
LG CNS and Palantir deepened their strategic partnership to accelerate AI Transformation initiatives across LG Group, building on an earlier affiliate deployment. The companies plan to establish a dedicated forward-deployed engineering team within LG CNS.
Polymarket partnered with Palantir and TWG AI to develop a sports integrity platform for prediction markets. The initiative is intended to prevent, identify, and report anomalous or suspicious activity and improve trust and transparency.
The U.S. Department of Homeland Security entered a five-year agreement with Palantir valued at up to $1 billion. The arrangement gives DHS components streamlined access to Gotham and Foundry for case management, threat identification, logistics, emergency response, and operational data integration.
Rackspace and Palantir announced a strategic partnership to deploy and operate Foundry and AIP in production with security, compliance, and operating controls. The companies will also support Palantir software in Rackspace private-cloud and UK-sovereign data centers, with Rackspace providing migration, hosting, implementation, and managed operations.
AIG, Amwins, and Blackstone announced a new Lloyd’s syndicate structure, while AIG launched a GenAI collaboration with Palantir. AIG is using Foundry and large-language-model agents to analyze insurance portfolios, retrieve data, and evaluate risk characteristics across more than four million industry data points.
Active Roles
310Business Model
Palantir makes money primarily by selling subscriptions to its hosted Palantir Cloud and to software deployed in customers’ environments, with ongoing operations and maintenance services. It also earns revenue from professional services, serving both government and commercial customers; in 2025, government represented 54% of revenue and commercial customers 46%.
Products
Customers
Tech Stack
Similar Companies
Competitors
Key Investors
ARK Investment Management