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    Palantir Technologies Inc (PLTR)

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    Palantir Technologies Inc. builds software platforms that empower organizations to integrate their data, decisions, and operations at scale. The company offers four principal software platforms: Palantir Gotham, Palantir Foundry, Palantir Apollo, and Palantir Artificial Intelligence Platform (AIP) . Palantir's revenue is generated from contracts with customers who pay to use these software platforms, with contract terms typically ranging from one to five years . The company operates in two segments: commercial and government, with significant contributions from both sectors .

    1. Palantir Gotham - Used by defense agencies and the intelligence community for data integration and analysis.
    2. Palantir Foundry - Serves as a central operating system for various industries, enabling data-driven decision-making.
    3. Palantir Apollo - A cloud-agnostic platform that ensures continuous operation of critical systems by coordinating updates and configurations.
    4. Palantir Artificial Intelligence Platform (AIP) - Leverages machine learning technologies and large language models to enhance data connectivity and decision-making processes within enterprises.
    NamePositionExternal RolesShort Bio

    Alexander Karp

    ExecutiveBoard

    CEO

    None

    Co-founder of Palantir, instrumental in its growth and strategic direction, led the company through its direct listing and first profitable quarter.

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    Stephen Cohen

    ExecutiveBoard

    President, Secretary, and Director

    None

    Co-founder of Palantir, key in its development as a leading data analytics company, holds a B.S. in Computer Science from Stanford.

    David Glazer

    Executive

    CFO and Treasurer

    None

    Joined Palantir in 2013, instrumental in financial operations, holds a B.A. from Santa Clara University and a J.D. from Emory University.

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    Ryan Taylor

    Executive

    CRO and CLO

    None

    Joined Palantir in 2010, previously Chief Legal and Business Affairs Officer, holds degrees from Stanford and Harvard.

    Shyam Sankar

    Executive

    CTO and Executive Vice President

    None

    Joined Palantir in 2006, previously COO, holds degrees from Cornell and Stanford, significant contributions to technology leadership.

    Eric Woersching

    Board

    Director

    Private Consultant for early-stage software companies

    Director since 2022, financial expertise, former VP at EasyPost, former General Partner at Initialized Capital, holds degrees from Stanford, CFA.

    Lauren Friedman Stat

    Board

    Director

    Board member at The Lorelton, Tree3, Valkyrie; Fractional CAO and Advisor at Friendly Force; CEO of Figa Jewelry

    Director since 2021, holds a B.S. from Stanford, involved in various leadership roles outside Palantir.

    Peter Thiel

    Board

    Chairman of the Board

    President of Thiel Capital, Partner at Founders Fund

    Co-founder of Palantir, instrumental in strategic direction, significant roles in venture capital.

    1. With your U.S. business growing at 44% and maintaining a Rule of 68, which you state is among the best, why not consider lowering margins to expand your client base and accelerate growth even further, especially when focusing on a smaller number of dominating partners may limit overall market penetration?

    2. Despite a 13% year-over-year growth, international government revenue declined 5% sequentially; what factors contributed to this decline, and what strategies are you implementing to address challenges in the international government segment?

    3. Given that revenue from strategic commercial contracts is expected to decline to between $6 million and $7.5 million in Q4 2024 from $20 million in Q4 2023, how significant is the impact on overall revenue, and what measures are you taking to mitigate this anticipated reduction?

    4. With adjusted expenses increasing by 6% sequentially and 14% year-over-year due to investments in AIP and technical talent, how do you balance the need for continued investment in AI capabilities with maintaining profitability and operating margins?

    5. As you focus on a smaller number of the world's best partners dominating with your product, rather than expanding to a larger client base, how do you mitigate risks associated with revenue concentration, especially if one of these key clients reduces their spending or switches to a competitor?

    Program DetailsProgram 1
    Approval DateAugust 2023
    End Date/DurationNo expiration date
    Total additional amount$1.0 billion
    Remaining authorization$954.4 million
    DetailsThe program may be discontinued at any time and aims to enhance shareholder value through various repurchase methods.
    CustomerRelationshipSegmentDetails

    Customer I

    Significant accounts receivable concentration

    N/A

    26% of total A/R as of 12/31/2024 ; 15% of total A/R as of 12/31/2023. No revenue concentration reported.

    NameStart DateEnd DateReason for Change
    Ernst & Young LLP2008 PresentCurrent auditor

    Recent press releases and 8-K filings for PLTR.

    Palantir Announces Strategic AI Partnership with Databricks
    PLTR
    Product Launch
    New Projects/Investments
    • Palantir and Databricks announced a strategic partnership to combine Palantir’s AI Platform with Databricks’ Data Intelligence Platform, aiming to accelerate AI applications and reduce total cost of ownership.
    • The integration leverages Palantir’s Ontology System alongside Databricks’ Unity Catalog and Delta Sharing to deliver a secure, scalable data architecture for enterprise customers.
    • The collaboration has already enabled mission-critical outcomes for both public and private sector clients, including government agencies and major enterprises like bp, enhancing operational efficiency and AI adoption.
    Mar 13, 2025, 1:00 PM