What does Palantir actually do?
Table of Contents:
Overview of Palantir
Activities of Palantir
Palantir in the Government Sector
Palantir in the Commercial Sector
Recent Developments
Revenue Growth and Expansion
Artificial Intelligence Platform (AIP)
Strategic Partnerships
Operational Efficiency and Profitability
Future Outlook
FAQ
Palantir Technologies: What does Palantir actually do?
Is Palantir just another tech company? Not quite. It’s a software firm specializing in how data comes together and gets analyzed. Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, as well as Garry Tan founded it back in 2004. Since then, it has expanded in a noticeable way, becoming a major force for both government entities and commercial businesses.
Overview of Palantir
The primary focus of Palantir is on building software platforms. These platforms are there to help organizations merge, control, as well as analyze massive amounts of data. This gets done via their main products: Palantir Gotham and Palantir Foundry.
- Palantir Gotham is mostly for use by government agencies and defense organizations. It helps those groups in merging and analyzing data from many different places. That supports making decisions, generally in areas like national security in addition to defense.
- Palantir Foundry has a design for commercial clients. It gives a platform for companies to put their data together, create applications, also drive business decisions using data-based insights.
Activities of Palantir
Data Integration and Analytics
The software platforms of Palantir are for managing intricate data integration work. They allow organizations to mix data from separate places into one unified view, next to so makes it simpler to analyze and take away insights. That ability is very important for both government departments and commercial clients, since it helps them in making smart choices based on detailed data analysis.
Palantir in the Government Sector
In the government sector, Palantir works alongside different departments, including the U.S. Department of Defense, Immigration or Customs Enforcement (ICE), the Department of Agriculture, the FBI, or the CDC, along with others. It uses its software for things such as keeping track of and controlling data relating to national security, defense actions, along with public health.
Palantir in the Commercial Sector
In the commercial sector, Palantir helps a wide range of industries. Included are energy, healthcare, finance, manufacturing, besides more. The platform helps companies in merging their data, building specific applications, together with using AI for forecasting analysis. It is very useful for companies wanting to streamline operations, improve customer service, or develop their supply chain management.
Recent Developments
Revenue Growth and Expansion
Palantir has gone through considerable revenue growth in recent years. In Q1 2025, the company said there was a 39% year-over-year revenue rise, hitting $884 million. Revenue in the U.S. went up 55% year-over-year. Commercial revenue in the U.S. jumped 71% to $255 million. This growth is thanks to its growing customer base coupled with the increased use of its software platforms in both government and commercial fields.
Artificial Intelligence Platform (AIP)
In 2023, Palantir introduced its Artificial Intelligence Platform (AIP). It empowers companies to use AI for data analytics. That platform has been helping Palantir’s commercial growth, mostly in fields like healthcare together with finance.
Strategic Partnerships
Palantir has been actively going into strategic partnerships including major deals. In Q1 2025, the company protected 139 deals valued at $1 million or more, with 31 of those deals being more than $10 million. Those partnerships contribute to Palantir’s revenue – they also expand its market presence and credibility.
Operational Efficiency and Profitability
Palantir has been focusing on making operations better, leading to growing margins. In Q1 2025, the company said there was a 36% adjusted operating margin, which is more than the 29% from the year before. This increase in profits is supported by its software-as-a-service (SaaS) model, which creates high-margin recurring revenue.
Future Outlook
What does the future hold for Palantir? It is likely to keep growing. The company has increased its revenue forecast for 2025, expecting total revenue to be somewhere between $3.89 billion or $3.902 billion. This growth expects to get driven by steady demand for data integration and analytics services – in addition, by the increasing use of AI technologies across different fields.
To sum up, Palantir Technologies plays an important part in the data analytics plus AI business. This is from offering powerful software platforms that help organizations merge, control, as well as analyze intricate data. It has a real presence in both government and commercial businesses combined with its focus on operational efficiency also strategic partnerships. That places Palantir for lasting growth and success from here on out.
FAQ
What does Palantir actually do?
Palantir specializes in data integration and analytics. Its software helps organizations merge, manage, next to analyze large datasets for informed decision-making.
Who uses Palantir’s software?
Palantir serves both government agencies and commercial clients across various industries, including defense, healthcare, finance, along with energy.
What is Palantir’s Artificial Intelligence Platform (AIP)?
AIP is a platform that empowers enterprises to use AI for data analytics. It has been a key factor in driving Palantir’s commercial growth, especially in sectors such as healthcare and finance.
Resources & References:
- https://investors.palantir.com/news-details/2025/Palantir-Reports-Q1-2025-Revenue-Growth-of-39-YY-U-S–Revenue-Growth-of-55-YY-Raises-FY-2025-Revenue-Guidance-to-36-YY-Growth-and-U-S–Comm-Revenue-Guidance-to-68-YY-Crushing-Consensus-Expectations/
- https://www.palantir.com/q1-2025-letter/en/
- https://www.barchart.com/story/news/32607050/palantirs-stellar-rise-how-high-can-pltr-stock-go-in-2025
- https://investors.palantir.com/files/Palantir%20-%20Q1%202025%20Investor%20Presentation.pdf
- https://247wallst.com/investing/2025/05/28/palantir-technologies-nasdaq-pltr-stock-price-prediction-for-2025-where-will-it-be-in-1-year/
