Palantir’s US commercial sales top government revenue for the first time
In its third quarter earnings, Palantir reported a milestone: US commercial business revenue surpassed US government revenue for the first time. US commercial revenue grew 148% year-over-year to $984 million, while US government revenue rose 96% to $953 million. Total company revenue also increased 96%, indicating significant overall business growth.
Key points
- US commercial revenue exceeded government revenue for the first time
- Commercial revenue grew 148% YoY to $984 million
- Government revenue grew 96% YoY to $953 million
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