Headquarters
Denver, COFounded
2003CEO / Founder
Alex KarpEmployees
1001-5000Funding
PublicStock
PLTRProducts
1 product listedAvg. AI Score
7.9/10Website
www.palantir.comProfile updated
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.
Dated, source-cited figures. Estimates are marked.
All products by Palantir reviewed by our AI panel of experts.
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.
Averaged across 1 reviewed product in our catalog. Scores are out of 10.
Who Palantir competes with, and how they differ.
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 TopReviewedSnowflake 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 TopReviewedC3.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 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 TopReviewedMicrosoft 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 TopReviewedKey milestones in Palantir's history, with sources.
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.orgStock 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.orgU.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.orgAdded 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.orgNHS 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.orgLaunches Artificial Intelligence Platform (AIP)
In April 2023, Palantir launched its Artificial Intelligence Platform (AIP), integrating large language models into its data platforms.
en.wikipedia.orgFirst GAAP-Profitable Quarter
In February 2023, Palantir reported its first quarter of positive GAAP net income, totaling $31 million.
en.wikipedia.orgDirect 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.orgHeadquarters Relocates to Denver
In August 2020, Palantir moved its corporate headquarters from Palo Alto, California to Denver, Colorado.
en.wikipedia.orgRaises $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.orgIn-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.orgPalantir Technologies Founded
Palantir Technologies was founded in 2003 by Peter Thiel, Alex Karp, Stephen Cohen, Joe Lonsdale, and Nathan Gettings.
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