Palantir · revenue by segment
Palantir revenue by segment
How does Palantir make money?
Government: 53.7% of FY2025 revenue
Numbers, method and sources
Share = customer group revenue ÷ total revenue of the same fiscal year (derived by Hollsteen). Only years in which the reported parts add up exactly to total revenue are shown; latest 6 of 8 such years. Sources: 10-K; each value names its filing.
FY2025 · revenue $4.5B · 10-K · filed Feb 17, 2026
- Government$2.4B 53.7%
- Commercial$2.1B 46.3%
FY2024 · revenue $2.9B · 10-K · filed Feb 18, 2025
- Government$1.6B 54.8%
- Commercial$1.3B 45.2%
FY2023 · revenue $2.2B · 10-K · filed Feb 20, 2024
- Government$1.2B 54.9%
- Commercial$1.0B 45.1%
FY2022 · revenue $1.9B · 10-K · filed Feb 21, 2023
- Government$1.1B 56.2%
- Commercial$834M 43.8%
FY2021 · revenue $1.5B · 10-K · filed Feb 24, 2022
- Government$897M 58.2%
- Commercial$645M 41.8%
FY2020 · revenue $1.1B · 10-K · filed Feb 26, 2021
- Government$610M 55.8%
- Commercial$482M 44.2%
SEC filings only (10-K, 20-F, 8-K Ex.99 earnings releases, S-1). Derived = calculated by Hollsteen from reported SEC values; no market data.
Where does each revenue dollar go?
36¢ of every revenue dollar became net income
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Numbers, method and sources
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How has Palantir’s revenue mix changed?
Commercial: 57% → 46% of revenue (FY2018–FY2025)
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Numbers, method and sources
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Palantir revenue by customer group, by fiscal year
Customer group revenue and share of total revenue (derived); each value links to its filing. “8-K sum” = fiscal-year value derived as the sum of four quarterly earnings releases (8-K Ex.99), not taken from the 10-K. Latest 5 fiscal years, newest first.