Palantir Company Profile (2026): AIP Commercial Boom
Company Profile | Data, Analytics & Infrastructure | Updated August 2026
Palantir: AIP Drives U.S. Commercial Boom
Palantir (NASDAQ: PLTR) big data analytics AI software 2003 Peter Thiel co-founded. Revenue $4.48B 2025 per Wikipedia op income $1.41B net $1.63B total assets $8.90B equity $7.39B employees 4,429. 2025 reported overall $4.8B per Le Monde. Forecast fiscal 2025 $3.74-3.76B above analyst $3.52B LSEG surged 22% extended trading. Q2 2025 GAAP revenue $1.00B ahead $937.7M est. Q1 2025 adjusted EPS 13c up from 8c revenue $883.9M +39% ahead $863M. AIP Artificial Intelligence Platform launched April 2023 key infrastructure provider operationalizing AI reacceleration growth particularly US commercial 93% YoY Q2 2025.
Executive Summary
Palantir operates 17 years privately before DPO Sept 30 2020 NYSE. Customer base federal agencies state local governments international organizations private companies Morgan Stanley Airbus USIC DoD. Four main operating systems: Gotham intelligence tool militaries counter-terrorism analysts including US Intelligence Community US DoD, Foundry corporate data integration, Apollo, AIP. Gotham assists locating targets on battlefields deployed on Microsoft Azure Government Azure Government Secret DoD Impact Level 6 Top Secret clouds — first industry partner deploy Microsoft Azure OpenAI Service in classified environments per CTO Shyam Sankar. AIP helps test debug code evaluate AI-related scenarios used across defense intelligence verticals.
AIP Platform soaring adoption across enterprises: U.S. commercial revenue up 71% YoY 19% sequentially Q1 2025 breaking $1B annual run rate barrier first time per Zacks. U.S. commercial segment includes AIP grew 121% YoY 29% sequentially to $397M Q3 2025 now 34% total revenue per Motley Fool. Q2 commercial revenues surged 93% YoY with contract bookings up 222% US commercial now 31% total rising from 23% year earlier. U.S. revenue grew 115% YoY to $1.57B U.S. commercial 149% to $764M U.S. revenues 81% overall up from 73% last year per CFO David Glazer. Customer count Q3 +45% YoY commercial +49% vs 39% 2024. Commercial customer count 65% to 432. Total contract value $3.37B Q2 up 49% YoY $2.13B from US commercial. Q1 2025 closed 139 deals >$1M each 31 >$10M.
Platforms
| Platform | Details |
|---|---|
| Gotham | Intelligence tool defense/military locating targets battlefields, Azure Government Secret. |
| Foundry | Corporate data integration, Ontology, commercial customers, move workloads Oracle Cloud Infrastructure — Oracle Alloy EU Sovereign Government Roving Edge air-gapped defense intelligence. |
| Apollo | Continuous delivery, FedRAMP High Baseline Authorization — PFCS Palantir Federal Cloud Service cloud-hosted offering delivering AIP Apollo Foundry Gotham supporting products federal government cloud service acquire in days quickly deliver value hardest problems. |
| AIP | Artificial Intelligence Platform — automates workflows enhances efficiency reduces redundancy, turnkey AI solutions integrate workflows, rapid deployment days not months, Bootcamp initiative test-drive using own data game-changer, BP $400M multi-year deal example, productivity-enhancing measures reason stronger growth customer base. |
THE CODEW TAKE
Palantir pivot from government contractor to commercial AI growth engine — US commercial 149% YoY Q2 $764M 81% overall revenue now US. $4.48B revenue 2025 op income $1.41B net $1.63B margins rare for high-growth SaaS. AIP Bootcamp lets clients test-drive with own data accelerating sales cycle days not months — 139 deals >$1M Q1 2025. 4,429 employees $4.48B = $1M+ per employee extreme efficiency. Watch France ending domestic security contract despite third-largest country after US UK — geopolitical risk but no plans close French subsidiary. If AIP continues 133% YoY US commercial June 2026, commercial will overtake government 2026.
- Wikipedia revenue $4.48B 2025 op $1.41B net $1.63B employees 4,429 Gotham Foundry Apollo AIP
- Zacks AIP adoption U.S. commercial +71% YoY Q1 2025 breaking $1B run-rate $1B barrier
- Motley Fool U.S. commercial +121% YoY to $397M 34% total Q3 2025
- Le Monde overall revenue $4.8B 2025 France third-largest