Palantir Technologies Inc. • Comprehensive Stock & Company Report
Data as of August 4, 2026 • All figures in USD unless noted
Palantir (PLTR) has demonstrated exceptional revenue acceleration in 2026 driven by AI platform adoption in both government and commercial segments, with Q2 results significantly exceeding expectations and prompting substantial upward revisions to full-year guidance, though long-term valuation sustainability remains subject to execution risks and competitive dynamics.
Fact: Palantir went public via direct listing in September 2020. The stock experienced significant volatility post-IPO but delivered outsized returns in subsequent years.
Interpretation: The multi-year rally reflects growing adoption of Palantir's AI and data platforms, particularly following broader market recognition of its commercial traction.
Uncertainty: Future performance will depend on sustained commercial growth rates and macroeconomic conditions affecting IT spending.
Links for more information: Yahoo Finance Historical Prices • Macrotrends 6-Year History
Fact: Palantir reports two segments: Government and Commercial. Revenue has grown rapidly with improving profitability.
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Total Revenue | $1.91B | $2.23B | $2.87B | $4.48B | $5.22B |
| Gross Profit | $1.50B | $1.79B | $2.30B | $3.69B | $4.39B |
| Operating Income | ($161M) | $120M | $310M | $1.41B | $1.99B |
| Net Income | ($374M) | $210M | $462M | $1.63B | $2.28B |
| Basic EPS | ($0.18) | $0.10 | $0.21 | $0.69 | $0.96 |
Interpretation: The acceleration in U.S. commercial growth and record $1M+ deal volume point to strong demand for Palantir's AI sovereignty and platform capabilities.
Data Limitation/Assumption: Quarterly figures primarily from earnings releases and analyst summaries as of early August 2026; full audited statements available in SEC filings. TTM data from Yahoo Finance.
Links: Yahoo Finance Financials • Palantir Investor Relations
Fact: Consensus appears generally positive with a 1-year price target estimate of approximately $185.68 (from available analyst aggregates).
| Aspect | Details |
|---|---|
| Overall Sentiment | Mostly Bullish / Hold with upgrades post-earnings |
| Recent Actions | Multiple upgrades following Q2 2026 beat; some mixed opinions pre-earnings |
| Key Focus Areas | U.S. commercial growth, AI platform adoption, international expansion |
Interpretation: Strong earnings momentum has led to analyst optimism, with many viewing Palantir as a leader in enterprise AI deployment.
Uncertainty: Ratings can shift rapidly with market conditions or competitive developments; not all analysts cover the stock equally.
Links for more information: Yahoo Finance Analyst Estimates • TipRanks PLTR Forecast
Fact: Palantir serves major government agencies (primarily U.S. intelligence and defense) and an expanding roster of commercial enterprises across industries.
Interpretation: Diversification into commercial is accelerating, with U.S. commercial now a major growth driver (over 81% of recent U.S. revenue in some reports).
Uncertainty: Exact revenue concentration per customer is not fully disclosed publicly; customer lists are compiled from public announcements and third-party databases and may not be exhaustive.
Fact: Palantir competes in the big data analytics, AI platforms, and enterprise software markets.
| Competitor | Primary Overlap |
|---|---|
| Databricks | Data analytics & AI platforms |
| Snowflake | Cloud data warehousing & analytics |
| C3.ai | Enterprise AI applications |
| UiPath | Automation & AI workflows |
| Microsoft Azure / AWS / Google Cloud | Cloud AI & data services |
| Defense contractors (e.g., Leidos, CACI) | Government analytics contracts |
Interpretation: Palantir differentiates through its ontology-based platforms and focus on "human-driven" AI with strong security/sovereignty features, particularly appealing to regulated industries and government.
Uncertainty: Competitive landscape evolves quickly with new AI entrants; market share data is estimated and not always directly comparable.
Links for more information: Palantir Customer Impact Stories • MarketBeat Competitors List
Fact: Founded in 2003 by Peter Thiel, Alex Karp, Joe Lonsdale, Stephen Cohen, and Nathan Gettings. Headquartered in Aventura, Florida (with operations in Denver/Miami area). Approximately 4,395 full-time employees. Key platforms include Gotham (defense/intelligence), Foundry (commercial), Apollo (deployment), and Artificial Intelligence Platform (AIP).
Interpretation: Originally focused on counterterrorism for intelligence agencies, Palantir has successfully pivoted and expanded into commercial markets while maintaining strong government ties.
Links: Official About Page • Wikipedia Overview • Yahoo Finance Profile