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Palantir Technologies

Updated: 12/16/2025, 8:48:32 PM Wikipedia source

Palantir Technologies Inc. is an American publicly traded company that develops data integration, analysis, and intelligence software platforms for government agencies, defense organizations, and commercial enterprises. Headquartered in Denver, Colorado it was founded in 2003 by Peter Thiel, Stephen Cohen, Joe Lonsdale, Alex Karp, and Nathan Gettings. Palantir's customer base includes federal agencies, state and local governments, international organizations, and also private companies. The company has four main operating systems: Palantir Gotham, Palantir Foundry, Palantir Apollo, and Palantir AIP. Palantir Gotham is an intelligence tool used by militaries and counter-terrorism analysts, including the United States Intelligence Community (USIC) and United States Department of Defense. Gotham has also been used by several police departments and has been accused of being used for predictive policing. Palantir CEO Alex Karp has disputed these claims. Its software as a service (SaaS) is one of five offerings authorized for Mission Critical National Security Systems (IL5) by the U.S. Department of Defense. Palantir Foundry has been used for data integration and analysis by corporate clients such as Morgan Stanley, Merck KGaA, Airbus, Wejo, Lilium, PG&E and Fiat Chrysler Automobiles. Palantir Apollo is a platform to facilitate continuous integration/continuous delivery (CI/CD) across all environments. Palantir achieved its first profitable quarter in the fourth quarter of 2022, taking roughly 20 years to become profitable. Palantir has been criticized for its involvement in expanding government surveillance through artificial intelligence and facial recognition technologies. Critics have raised concerns about its contracts under the Trump administration, which enable deportations and the aggregation of sensitive data on Americans. Supporters state that Palantir does not collect, store or sell data itself but rather provides software that helps clients analyze data they already possess, while clients retain control and rights over their own information.

Infobox

Company type
Public
Traded as
mw- Nasdaq: PLTR (Class A)Nasdaq-100 componentS&P 100 componentS&P 500 component
Industry
Software
Founded
May 6, 2003; 22 years ago (May 6, 2003)
Founders
Peter ThielStephen CohenAlex KarpJoe LonsdaleNathan Gettings
Headquarters
Denver, Colorado, U.S.
Key people
Peter Thiel (chairman) Alex Karp (CEO) Stephen Cohen (president)
Products
Palantir Gotham Palantir Foundry Palantir Apollo
Revenue
US$2.87 billion (2024)
Operating income
US$310 million (2024)
Net income
US$462 million (2024)
Total assets
US$6.34 billion (2024)
Total equity
US$5.09 billion (2024)
Number of employees
3,936 (2024)
Website
palantir.com

Tables

Sales by business (2024)[131] · Customers › Corporate use
Government
Government
Business
Government
Sales in billion $
1.7
Share
54.8%
Commercial
Commercial
Business
Commercial
Sales in billion $
1.2
Share
45.2%
Business
Sales in billion $
Share
Government
1.7
54.8%
Commercial
1.2
45.2%
Sales by region (2024)[131] · Customers › Corporate use
United States
United States
Region
United States
Sales in billion $
1.9
share
66.3%
Rest of World
Rest of World
Region
Rest of World
Sales in billion $
0.7
share
23.1%
United Kingdom
United Kingdom
Region
United Kingdom
Sales in billion $
0.3
share
10.6%
Region
Sales in billion $
share
United States
1.9
66.3%
Rest of World
0.7
23.1%
United Kingdom
0.3
10.6%
· Corporate affairs › Ownership
The Vanguard Group
The Vanguard Group
Shareholder name
The Vanguard Group
Percentage
9.4%
Peter Thiel
Peter Thiel
Shareholder name
Peter Thiel
Percentage
7.2%
BlackRock
BlackRock
Shareholder name
BlackRock
Percentage
4.7%
SOMPO Holdings
SOMPO Holdings
Shareholder name
SOMPO Holdings
Percentage
3.9%
Alex Karp
Alex Karp
Shareholder name
Alex Karp
Percentage
2.5%
Renaissance Technologies
Renaissance Technologies
Shareholder name
Renaissance Technologies
Percentage
2.1%
State Street Corporation
State Street Corporation
Shareholder name
State Street Corporation
Percentage
1.9%
Geode Capital Management
Geode Capital Management
Shareholder name
Geode Capital Management
Percentage
1.4%
Jane Street Capital
Jane Street Capital
Shareholder name
Jane Street Capital
Percentage
1.1%
Eaton Vance
Eaton Vance
Shareholder name
Eaton Vance
Percentage
1.1%
D. E. Shaw & Co.
D. E. Shaw & Co.
Shareholder name
D. E. Shaw & Co.
Percentage
1.0%
Others
Others
Shareholder name
Others
Percentage
66.2%
Shareholder name
Percentage
The Vanguard Group
9.4%
Peter Thiel
7.2%
BlackRock
4.7%
SOMPO Holdings
3.9%
Alex Karp
2.5%
Renaissance Technologies
2.1%
State Street Corporation
1.9%
Geode Capital Management
1.4%
Jane Street Capital
1.1%
Eaton Vance
1.1%
D. E. Shaw & Co.
1.0%
Others
66.2%
· Corporate affairs › Finances
2018
2018
Year
2018
Revenue(US$ ml.)
595
Net income(US$ ml.)
−598
Total assets(US$ ml.)
−
Employees
−
2019
2019
Year
2019
Revenue(US$ ml.)
743
Net income(US$ ml.)
−588
Total assets(US$ ml.)
3,735
Employees
2,391
2020
2020
Year
2020
Revenue(US$ ml.)
1,093
Net income(US$ ml.)
−1,166
Total assets(US$ ml.)
2,691
Employees
2,439
2021
2021
Year
2021
Revenue(US$ ml.)
1,542
Net income(US$ ml.)
−520
Total assets(US$ ml.)
3,247
Employees
2,920
2022
2022
Year
2022
Revenue(US$ ml.)
1,906
Net income(US$ ml.)
−374
Total assets(US$ ml.)
3,461
Employees
3,838
2023
2023
Year
2023
Revenue(US$ ml.)
2,225
Net income(US$ ml.)
210
Total assets(US$ ml.)
4,522
Employees
3,735
2024
2024
Year
2024
Revenue(US$ ml.)
2,866
Net income(US$ ml.)
462
Total assets(US$ ml.)
6,341
Employees
3,936
Year
Revenue(US$ ml.)
Net income(US$ ml.)
Total assets(US$ ml.)
Employees
2018
595
−598
−
−
2019
743
−588
3,735
2,391
2020
1,093
−1,166
2,691
2,439
2021
1,542
−520
3,247
2,920
2022
1,906
−374
3,461
3,838
2023
2,225
210
4,522
3,735
2024
2,866
462
6,341
3,936

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