Palantir (PLTR) Revenue & Revenue Breakdown


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Palantir Revenue Highlights


Latest Revenue (Y)

$2.23B

Latest Revenue (Q)

$725.52M

Main Segment (Y)

Government Operating Segment

Palantir Revenue by Period


Palantir Revenue by Year

DateRevenueChange
2023-12-31$2.23B16.75%
2022-12-31$1.91B23.61%
2021-12-31$1.54B41.11%
2020-12-31$1.09B47.15%
2019-12-31$742.55M24.71%
2018-12-31$595.41M-

Palantir generated $2.23B in revenue during NA 2023, up 16.75% compared to the previous quarter, and up 373.69% compared to the same period a year ago.

Palantir Revenue by Quarter

DateRevenueChange
2024-09-30$725.52M6.99%
2024-06-30$678.13M6.90%
2024-03-31$634.34M4.27%
2023-12-31$608.35M8.99%
2023-09-30$558.16M4.66%
2023-06-30$533.32M1.55%
2023-03-31$525.19M3.26%
2022-12-31$508.62M6.43%
2022-09-30$477.88M1.03%
2022-06-30$473.01M5.97%
2022-03-31$446.36M3.12%
2021-12-31$432.87M10.38%
2021-09-30$392.15M4.39%
2021-06-30$375.64M10.08%
2021-03-31$341.23M5.94%
2020-12-31$322.09M11.31%
2020-09-30$289.37M14.88%
2020-06-30$251.89M9.84%
2020-03-31$229.33M-0.01%
2019-12-31$229.36M20.37%
2019-09-30$190.54M8.07%
2019-06-30$176.32M9.29%
2019-03-31$161.33M-

Palantir generated $725.52M in revenue during Q3 2024, up 6.99% compared to the previous quarter, and up 136.04% compared to the same period a year ago.

Palantir Revenue Breakdown


Palantir Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20
Commercial$1.00B$834.10M$644.53M$482.48M
Government Operating Segment$1.22B---
Government---$610.20M

Palantir's latest annual revenue breakdown by segment (product or service), as of Dec 23: Government Operating Segment (54.93%), and Commercial (45.07%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 20Sep 20
Government Operating Segment$408.34M$335.37M----------
Commercial$317.18M$298.96M$284.31M$250.56M$231.81M$236.12M$215.47M$204.05M$210.01M$204.57M$132.15M$126.81M
Government----------$189.94M$162.56M

Palantir's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Government Operating Segment (56.28%), and Commercial (43.72%).

Palantir Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
MSFTMicrosoft$245.12B$65.58B
SQBlock$21.92B$5.98B
ADBEAdobe$21.50B$5.41B
PANWPalo Alto Networks$8.03B$2.14B
CRWDCrowdStrike$3.06B$1.01B
PLTRPalantir$2.23B$725.52M
ZSZscaler$2.17B$627.96M
NETCloudflare$1.30B$430.08M
ORCLOracle-$14.06B

PLTR Revenue FAQ


What is Palantir’s yearly revenue?

Palantir's yearly revenue for 2023 was $2.23B, representing an increase of 16.75% compared to 2022. The company's yearly revenue for 2022 was $1.91B, representing an increase of 23.61% compared to 2021. PLTR's yearly revenue for 2021 was $1.54B, representing an increase of 41.11% compared to 2020.

What is Palantir’s quarterly revenue?

Palantir's quarterly revenue for Q3 2024 was $725.52M, a 6.99% increase from the previous quarter (Q2 2024), and a 29.98% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $678.13M, a 6.90% increase from the previous quarter (Q1 2024), and a 27.15% increase year-over-year (Q2 2023). PLTR's quarterly revenue for Q1 2024 was $634.34M, a 4.27% increase from the previous quarter (Q4 2023), and a 20.78% increase year-over-year (Q1 2023).

What is Palantir’s revenue growth rate?

Palantir's revenue growth rate for the last 3 years (2021-2023) was 44.30%, and for the last 5 years (2019-2023) was 199.64%.

What are Palantir’s revenue streams?

Palantir's revenue streams in c 23 are Commercial, and Government Operating Segment. Commercial generated $1B in revenue, accounting 45.07% of the company's total revenue, up 20.23% year-over-year. Government Operating Segment generated $1.22B in revenue, accounting 54.93% of the company's total revenue

What is Palantir’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Palantir was Government Operating Segment. This segment made a revenue of $1.22B, representing 54.93% of the company's total revenue.