- Specialization
- Data Engineering
- Business
Software Applicationsand 1 more business valuesLess
- Professional Services
- Market
Governmentand 1 more market valuesLess
- Cross Industry
- Ecosystem
- Applications
- Customers
Governmentsand 1 more customers valuesLess
- Enterprises
More details
- Organization type
- Commercial Company
- Ecosystem
- Applications
- Business
- Software Applications, Professional Services
- Specialization
- Data Engineering
- Market
- Government, Cross Industry
- Customers
- Governments, Enterprises
- Delivery models
- Hosted Software, On Premise Software, Professional Services
- Revenue models
- Subscription, Services Fees
- Listing status
- Not classified
- Latest equity round
- Series E Plus
- Reported funding amount
- $1B+
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 Armada announced a partnership to deliver sovereign AI on infrastructure manufactured in the United States and allied nations. Palantir named Armada its inaugural Certified Modular Data Center Partner; the offering combines Armada’s infrastructure and platform with Palantir’s Sovereign AI Operating System.
Surf Air Mobility signed a commercial OperatorOS agreement with SkyDance Air, its second commercial contract for the Palantir-powered flight-operations software. Surf Air Mobility said it would earn a percentage of revenue from SkyDance flights managed through OperatorOS.
Palantir added Insight analysis and a redesigned object-search experience to Carbon. Workspace owners can enable the experiences independently; Insight analysis replaces Object Explorer-style explorations when enabled.
Palantir appointed former UK Labour deputy leader Tom Watson as a senior vice president on September 18. Watson had served as a part-time adviser to the company since 2024 and was to work alongside its UK and Europe chief, Louis Mosley.
Surf Air Mobility signed its first commercial OperatorOS agreement with Sprintbach Aviation. The SurfOS flight-operations software is powered by Palantir, and the agreement was described as OperatorOS’s official commercial launch.
Palantir announced general availability of managed Iceberg tables and its Iceberg REST catalog in Foundry enterprise environments hosted on AWS, Azure, and GCP. The release supports Iceberg tables in Palantir-managed storage or customer-provided buckets.
Palantir announced that LLM evaluation suites in Pipeline Builder are generally available. The capability lets users test the outputs of Use LLM nodes before deploying workflow changes and records detailed evaluation results in Foundry datasets.
Palantir introduced Vulcan, a CAD review application that renders engineering geometry directly from Ontology data. Vulcan supports common 3D model and engineering drawing formats and became available in beta across all enrollments starting the week of September 7.
Palantir announced the general availability of AIP Evolve, which coordinates AI FDE agents to improve AI systems in Foundry. The product supports goals such as model migration, cost and latency reduction, evaluation improvement, and custom optimization workflows.
Palantir announced that VS Code workspaces will become the default code-editing environment for supported Foundry repository types beginning the week of September 14, 2026. The workspaces provide automatic environment setup, integrated terminal access, AI-assisted development, and data-preview capabilities while running on Palantir infrastructure.
Palantir announced visual rebasing in Workshop, allowing builders to reconcile changes between the main branch and their own branch directly in the module editor. The feature provides side-by-side comparisons and lets users accept, reject, or combine changes while identifying additions, modifications, deletions, shifts, and conflicts.
PwC US and Palantir announced an expanded strategic alliance focused initially on scaling enterprise AI, transforming mergers and acquisitions, and modernizing ERP systems. The collaboration combines Palantir’s AI and data platforms with PwC’s industry, engineering, and business-transformation capabilities, and includes an AI-native deals platform enabled by Foundry and AIP.
Palantir announced that Peter Zaffino will join the company as Global Head of Financial Services, effective January 15, 2027. He will lead growth across insurance, banking, asset management, private equity, and other financial-services businesses after serving as AIG’s CEO and executive chairman.
Palantir announced that the Army Contracting Command awarded its wholly owned subsidiary, Palantir USG, a prime agreement to produce and deliver eight TITAN ground-station systems. The order comprises four Advanced and four Basic systems and includes integration of critical technologies and fielding to the operational Army.
The Pentagon directed up to $243.9 million for Palantir services through March 31, 2027, with additional funding options to be identified for the period through December 2028. The specific Palantir products and services covered by the funding were not disclosed.
Palantir announced support for CoProcess user-defined functions in Pipeline Builder. The capability enables stateful custom logic across two input streams and allows output to be emitted independently from either stream.
Palantir announced a new object timeline feature for observing actions performed on objects, including agent or manual attribution, token usage, runtime, and agentic coverage. The feature is accessible from Autopilot and Object Explorer when edit history is enabled.
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.
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.
Active Roles
309Business 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