Palantir

Palantir
Palantir
  • Headquarters

    Denver, CO
  • Founded

    2003
  • CEO / Founder

    Alex Karp
  • Employees

    1001-5000
  • Funding

    Public
  • Stock

    PLTR
  • Products

    1 product listed
  • Avg. AI Score

    7.9/10

Profile updated

Products
1
Avg AI Score
7.9/10
Founded
2003
Funding
Public
About Palantir

Palantir Technologies is a data analytics and AI software company founded in 2003 by Peter Thiel, Alex Karp, Stephen Cohen, Joe Lonsdale, and Nathan Gettings. Its platforms — Gotham, Foundry, and AIP — help governments and enterprises integrate and operationalize data across critical workflows.

Palantir serves U.S. and allied defense and intelligence agencies as well as Fortune 500 commercial customers across energy, manufacturing, and healthcare. The company has deep ties with the U.S. Department of Defense.

Palantir went public via direct listing on the NYSE in 2020 (PLTR). Alex Karp continues as CEO. The company reports over $3 billion in annual revenue and is headquartered in Denver, Colorado, having moved from Palo Alto.

Specialties
Data AnalyticsDefense AIEnterprise PlatformsAIPGovernment SoftwareFoundation Models
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$20B
en.wikipedia.org
Revenueest.
$4.5B
Market Capest.
$418.9B
Valuation over time
$9B(December 2013, est.)$20B(December 2015, est.)
Revenue over time
$2.2B(2023, est.)$2.9B(2024, est.)$4.5B(2025, est.)
Products by Palantir

All products by Palantir reviewed by our AI panel of experts.

How Our Review Panel Scores Palantir

Six independent reviewer personalities assessed Palantir's product on their own terms. They disagreed by 1.2 points — The Finance Lead was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
8.4
The Domain Strategist
8.4
The Domain Practitioner
8.1
The Skeptic
7.6
The Power User
7.5
The Finance Lead
7.2

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Palantir competes with, and how they differ.

Databricks logo
Databricks8.4/10

Databricks is built around an open lakehouse architecture for data engineering and ML workloads sold mainly to technical data teams, while Palantir sells vertically integrated Foundry/AIP deployments directly to government and enterprise operations leaders.

1 product reviewed on TopReviewed
Snowflake logo
Snowflake8.3/10

Snowflake is a cloud data warehouse priced on consumption and sold broadly to enterprise data teams, while Palantir packages data integration with an ontology and decision layer sold as high-touch, outcome-oriented contracts to government and industrial customers.

1 product reviewed on TopReviewed
C
C3.ai

C3.ai sells prebuilt enterprise AI applications (predictive maintenance, fraud detection) mainly through subscription and partner channels to energy, manufacturing and government customers, competing most directly with Palantir AIP for enterprise AI platform contracts.

IBM logo
IBM7.7/10

IBM competes for the same large government and enterprise data contracts through IBM Consulting and its Watson-branded analytics and AI tools, but sells them as part of a much broader legacy hardware, software and services portfolio rather than a purpose-built ontology platform.

1 product reviewed on TopReviewed
Microsoft logo
Microsoft7.8/10

Microsoft competes through Azure's data and AI stack (Fabric, Power BI, Azure OpenAI Service) and its Azure Government cloud, bundling data-platform and AI capabilities into its dominant enterprise software suite rather than offering a standalone Foundry/AIP-style deployment.

9 products reviewed on TopReviewed
Company Timeline

Key milestones in Palantir's history, with sources.

  1. Partnership

    U.S. Army Enterprise Service Agreement Worth Up to $10 Billion

    On July 31, 2025, the U.S. Army awarded Palantir an Enterprise Service Agreement valued at up to $10 billion over 10 years.

    en.wikipedia.org
  2. Milestone

    Stock Transfers from NYSE to Nasdaq

    Palantir announced on November 14, 2024 that its stock listing would move from the New York Stock Exchange to the Nasdaq Global Select Market, effective November 26, 2024.

    en.wikipedia.org
  3. Partnership

    U.S. Navy Awards Nearly $1 Billion Software Contract

    In November 2024, the U.S. Navy awarded Palantir a software contract valued at nearly $1 billion.

    en.wikipedia.org
  4. Milestone

    Added to the S&P 500 Index

    On September 6, 2024, S&P Global announced that Palantir would be added to the S&P 500 index.

    en.wikipedia.org
  5. Partnership

    NHS England Federated Data Platform Contract

    In November 2023, NHS England awarded Palantir a £330 million, seven-year contract to build and manage the Federated Data Platform.

    en.wikipedia.org
  6. Launch

    Launches Artificial Intelligence Platform (AIP)

    In April 2023, Palantir launched its Artificial Intelligence Platform (AIP), integrating large language models into its data platforms.

    en.wikipedia.org
  7. Milestone

    First GAAP-Profitable Quarter

    In February 2023, Palantir reported its first quarter of positive GAAP net income, totaling $31 million.

    en.wikipedia.org
  8. Milestone

    Direct Listing on the NYSE

    On September 30, 2020, Palantir went public on the New York Stock Exchange through a direct listing under ticker PLTR.

    en.wikipedia.org
  9. Milestone

    Headquarters Relocates to Denver

    In August 2020, Palantir moved its corporate headquarters from Palo Alto, California to Denver, Colorado.

    en.wikipedia.org
  10. Funding

    Raises $880 Million at $20 Billion Valuation

    By December 2015, Palantir had raised a further $880 million in funding while maintaining a $20 billion valuation.

    en.wikipedia.org
  11. Funding

    In-Q-Tel Makes Early Investment

    CIA-affiliated venture capital firm In-Q-Tel invested about $2 million in Palantir, an early backer of its data-analytics software.

    en.wikipedia.org
  12. Founded

    Palantir Technologies Founded

    Palantir Technologies was founded in 2003 by Peter Thiel, Alex Karp, Stephen Cohen, Joe Lonsdale, and Nathan Gettings.

    en.wikipedia.org

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