What Palantir Technologies does

Palantir Technologies Inc. (NYSE: PLTR) is a publicly traded software company founded in 2003 that builds data analytics and AI platforms for U.S. government agencies and large commercial enterprises. The company operates an integrated platform ecosystem comprising Foundry (data operations platform), Gotham (government intelligence platform), AIP (Artificial Intelligence Platform), Ontology (semantic operational layer), and Apollo (mission control for autonomous deployment across cloud, on-premise, and edge environments). The Ontology layer is the architectural centerpiece, mapping raw enterprise data into semantic business concepts and bridging large language models with operational workflows to address AI hallucination in agentic deployments. The platform supports multimodal AI pipelines across text, image, video, audio, and structured data, and integrates with all major hyperscalers (AWS, Microsoft Azure, Oracle Cloud Infrastructure, Google Cloud) and data platforms (Snowflake, BigQuery, Databricks, SAP, Salesforce).

Palantir serves two primary customer segments: U.S. federal/defense agencies (Department of Defense, intelligence community, Army Maven Smart System, NGC2 program, FAA, CDC) and commercial enterprises across healthcare (NHS, Tampa General, Cleveland Clinic, HCA), financial services (Fidelity, Kirkland & Ellis), automotive (Stellantis), aerospace (Boeing, Airbus/Skywise), manufacturing (3M), construction (McCarthy), and energy/insurance. Verticals such as legal ($500 million Kirkland & Ellis partnership) and construction are net-new expansions. Customers exceed 1,007 enterprises and net dollar retention is 150%, with 40% growth in average revenue per customer.

The business model is enterprise subscription with multi-year contracts and quote-based pricing (not publicly disclosed). Palantir monetizes through direct enterprise field sales with Forward Deployed Engineers embedded at customer sites, supplemented by SI partnerships (Deloitte, Accenture, PwC, Bain, Jacobs) and cloud marketplace distribution. The company reported $4.475 billion in 2025 revenue, $1.63 billion in Q1 2026 (85% YoY growth, the 11th consecutive quarter of acceleration), and raised full-year 2026 guidance to $7.65-7.66 billion with 60% adjusted operating margins and $8 billion in cash with no debt.

Name

Palantir Technologies

Legal name

Palantir Technologies Inc.

Website

http://www.palantir.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Palantir Technologies operates Foundry, AIP, Gotham, Ontology, and Apollo data analytics and AI platforms serving U.S. government agencies and large commercial enterprises across defense, healthcare, financial services, and manufacturing via multi-year enterprise subscriptions.

Ownership category

akta.pro rank

Product category

Enterprise Data Analytics and AI Platforms

NAICS

Software Publishers (51321), Computer Systems Design and Related Services (5415)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA)

akta.pro secondary industries

AI Application Enablement Platforms (Copilot/Agent Frameworks, SDKs) (HDAEANAJ), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI), Agents & Autonomous Workflows (Tool Use, Planning, Multi-Agent) (HDAAACAF), Enterprise Foundation Model Integration & APIs (Connectors, Governance, Deployment) (HDAAACAO)

Keywords

• Data analytics platforms
• Enterprise AI software
• Data integration software
• Government intelligence software
• Operational decision intelligence

Headquarters

HQ city

Aventura

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Government Revenue: Long-term contracts with U.S. government agencies including defense, intelligence, and civilian agencies. Includes U.S. Army, CDC, FAA, and international government customers. Revenue grew 84-85% year-over-year in Q1 2026.
2. Commercial Revenue: Enterprise software subscriptions to commercial customers across industries including healthcare, financial services, construction, automotive, and manufacturing. U.S. commercial revenue grew 133% year-over-year in Q1 2026. Deal values reaching $1 million or more grew 1.6x from prior year.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Palantir builds enterprise data operations and AI platforms (Foundry, AIP, Gotham, Ontology, Apollo) that integrate data from hundreds of sources, deploy AI/ML models, and enable operational decision-making for government and commercial customers. Its offering combines data integration, semantic modeling via its proprietary Ontology layer, and production-grade AI deployment, supported by Forward Deployed Engineers embedded at customer sites. Customers span U.S. defense and intelligence agencies, allied international governments, and large commercial enterprises across healthcare, financial services, automotive, construction, and other verticals.

Product overview

Palantir Technologies offers a platform-plus-modules architecture centered on three core products: Foundry (data operations platform), Gotham (government intelligence), and Ontology (semantic layer). AIP (Artificial Intelligence Platform) serves as the AI layer powering autonomous agents, generative AI, and advanced analytics. Apollo provides mission control for deployment across cloud, on-premise, and edge environments. Industry-specific solutions include Defense Solutions, Federal Health, AML, Palantir for Hospitals, Financial Services, Insurance, and Construction. Key platform capabilities include Pipeline Builder for no-code data integration, HyperAuto for automated ERP pipelines, Code Workbook for development, and Foundry Marketplace for distributing applications. The platform supports extensive third-party integrations with major cloud providers (AWS, Azure, Oracle, Google Cloud), data warehouses (Snowflake, BigQuery, Databricks), and enterprise software (SAP, Salesforce, Microsoft ecosystem).

Differentiator

Problem solved

Functional benefit

Brands

• AIP (Artificial Intelligence Platform): Palantir's AI Platform that connects AI with data and operations, enabling automation across operational processes
• Foundry
• Gotham
• Ontology
• Apollo
• ShipOS
• Warp Speed

Products and services

• Palantir Foundry Palantir's core data operations platform that integrates, manages, and analyzes data from multiple enterprise sources. Provides data pipelines, transformation tools, ontology building, analytics, and application development capabilities. Targeted at commercial enterprises.
• Palantir Artificial Intelligence Platform (AIP) AI platform connecting artificial intelligence with enterprise data and operations. Provides builder tools for developing production-ready AI agents and workflows with security, audit, and governance controls. Targeted at enterprises deploying generative AI and autonomous agents.
• Palantir Gotham Intelligence platform for government agencies providing data integration, analysis, and operational decision-making for defense and intelligence operations. Targeted at U.S. and allied government defense and intelligence customers.
• Palantir Ontology Semantic and operational system that maps raw data into actionable concepts, providing object types, functions, and object views enabling users to interact with data through business-relevant terminology. Bridges AI models with operational context to address AI hallucination in agentic workflows.
• Palantir Apollo Mission control platform for autonomous software deployment that manages release channels, environments, teams, and compliance across cloud, on-premise, and edge deployments with change management and upgrade controls. Targeted at enterprise platform and IT operations teams.
• Palantir Defense Solutions Comprehensive defense and military intelligence solutions including army, navy, air/space, and systems integration offerings for military operations, command and control, and logistics. Targeted at U.S. Department of Defense and allied military customers.
• Palantir AML (Anti-Money Laundering) Financial compliance solution for anti-money laundering and fraud detection using AI-powered transaction monitoring and pattern recognition. Targeted at banks and financial institutions.
• Palantir for Hospitals AI platforms for healthcare delivery optimizing hospital operations, patient care coordination, and clinical decision support. Targeted at large hospital systems and healthcare providers.
• Palantir for Financial Services Data analytics and AI solutions for financial institutions covering customer intelligence, fraud detection, and operational efficiency. Targeted at banks, insurers, and asset managers.
• Palantir for Construction AI-powered automation solution for the construction industry enabling data-driven decision-making across project management and operations. Targeted at construction firms and project owners.
• Palantir for Insurance AI automation platform for insurance companies optimizing underwriting, claims processing, and risk assessment. Targeted at insurance carriers.
• Palantir Federal Health Solutions for federal health agencies including HHS, CDC, and FDA for disease monitoring, outbreak response, and public health management. Targeted at U.S. federal civilian health agencies.
• Palantir for Procurement AI platforms for procurement departments delivering cost savings and efficiency improvements through data-driven supplier management and purchasing optimization. Targeted at enterprise procurement functions.
• Palantir Edge AI

Quantifiable outcome

• 85% year-over-year revenue growth in Q1 2026
• +5 more outcomes

Named customers18 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration22 records

AI capability16 records

Feature5 records

Partnerships

16 partnerships are on record, tiered minor and major.

• Surf Air Mobility / Wheels UpminorGTM or Marketing Partner · 25 June 2026Surf Air Mobility announced Wheels Up as launch customer for Enterprise BrokerOS powered by Palantir Foundry and AIP. Two-year agreement (with option for third) expected to generate up to $12 million in subscription fees for Surf Air Mobility.
• Zeta GlobalmajorStrategic or Co-development Partner · 23 June 2026Seven-year strategic partnership to build enterprise AI infrastructure for marketing. Zeta's Data Cloud is being rearchitected on Palantir Foundry platform with Zeta's Athena AI serving as the intelligence layer. Partnership projected to drive more than $100 million in annual revenue for Zeta. Joint go-to-market strategy to bring AI-powered marketing to enterprise customers.
• Anduril IndustriesmajorStrategic or Co-development Partner · 22 June 2026Joint participation in U.S. Army Next Generation Command and Control (NGC2) program. Palantir's Foundry serves as the cloud data layer while Anduril's Lattice software serves as the tactical data layer. 10-year enterprise licensing agreement with ceiling of $20 billion.
• McCarthy Building CompaniesminorStrategic or Co-development Partner · 19 June 2026Strategic partnership for AI deployment in construction operations. Extends Palantir's commercial reach into the construction vertical.
• Kirkland & EllismajorStrategic or Co-development Partner · 17 June 2026$500 million AI partnership to integrate Palantir technology for organizing the law firm's institutional knowledge and data. First law firm to pass $10 billion in annual revenue investing approximately 5% of revenue in AI capabilities.
• Google CloudmajorTechnology or Integration · 4 June 2026Multi-tiered partnership integrating Palantir Foundry and AIP with Google Cloud's BigQuery, Gemini, and Knowledge Catalog. Available via Google Cloud Marketplace. Enables two-way data federation and semantic exchange, allowing organizations to embed Google's AI models directly into operational workflows.
• AWS (Amazon Web Services)majorTechnology or IntegrationCloud infrastructure partner providing deployment options for Palantir Foundry and AIP. Part of Palantir's multi-cloud availability strategy.
• Microsoft AzuremajorTechnology or IntegrationCloud infrastructure partner providing deployment options for Palantir Foundry and AIP. Part of Palantir's multi-cloud availability strategy.
• Oracle Cloud InfrastructuremajorTechnology or IntegrationCloud infrastructure partner providing deployment options for Palantir Foundry and AIP. Part of Palantir's multi-cloud availability strategy completing availability across all major hyperscalers.
• JacobsminorImplementation/ SI/ Consulting PartnerGlobal strategic partnership for data solutions. Jacobs is a major engineering and construction firm deploying Palantir for customer projects.
• DeloitteminorImplementation/ SI/ Consulting PartnerImplementation partner for Palantir deployments across industries.
• AccentureImplementation/ SI/ Consulting PartnerImplementation partner for Palantir deployments across industries.
• PwCminorImplementation/ SI/ Consulting PartnerImplementation partner for Palantir deployments across industries.
• Bain & CompanyminorImplementation/ SI/ Consulting PartnerImplementation partner for Palantir deployments across industries.
• Rackspace TechnologyminorGTM or Marketing PartnerRackspace offers Palantir AIP in its data centers as part of AI infrastructure pivot. Partnership provides enterprise AI infrastructure to Rackspace customers.
• ING GroupminorStrategic or Co-development PartnerJoint venture with Palantir for AI tools in financial services, as noted by investor Thomas Tull.

Scale indicators18 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Databricks: Databricks offers a unified data and AI platform (lakehouse architecture) competing directly with Palantir Foundry for enterprise data engineering, ML, and AI workloads. Both target large enterprises with deep data integration needs.
• Snowflake: Snowflake's data cloud platform competes with Palantir Foundry for enterprise data warehousing and analytics workloads. Both target large enterprises with native integration partners (Snowflake is itself a Palantir integration partner but increasingly an alternative).
• C3.ai: C3.ai provides enterprise AI application platforms competing directly with Palantir AIP for large-scale AI deployments in industrial, financial, and government sectors, with similar GTM targeting Fortune 1000 enterprises.

Broad incumbents

• Microsoft (Azure): Microsoft Azure offers competing enterprise AI/data services (Synapse, Fabric, Azure ML, Copilot Stack) and is both a Palantir deployment partner and a broad incumbent competing for the same enterprise AI budgets at global scale.
• Google Cloud: Google Cloud's BigQuery, Vertex AI, Gemini, and Knowledge Catalog overlap with Palantir Foundry/AIP capabilities. Recent partnership positions them as both partner and competitor for enterprise AI workloads.
• Amazon Web Services: AWS provides SageMaker, Bedrock, and broader data services that compete with Palantir Foundry/AIP for cloud-native enterprise AI workloads, while also serving as a deployment partner.
• SAP: SAP's Business Technology Platform and Joule AI compete with Palantir for enterprise data integration, with Palantir's HyperAuto already deeply integrating with SAP. SAP represents a system-of-record incumbent that Palantir layers on top of.
• Salesforce: Salesforce's Data Cloud, Einstein AI, and Agentforce platform compete with Palantir for enterprise AI/CRM workloads, particularly for customer-facing AI deployments across commercial customers.
• ServiceNow: ServiceNow's workflow automation and Now Assist AI platform competes with Palantir AIP Logic for enterprise workflow automation, with strong penetration in IT, HR, and operations use cases overlapping with Palantir's commercial footprint.

Emerging players

• Anduril Industries: Anduril's Lattice platform is a defense technology peer and strategic partner via the NGC2 program. As a defense-focused AI/operational platform, it competes with and complements Palantir Gotham in defense applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/palantirtech
• Facebookfacebook.com/Palantir
• LinkedInlinkedin.com/company/palantir-technologies

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds31 records

Investors56 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A7 records

Investments23 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Palantir Technologies