.
Subscribe to Pro or Enterprise plans to unlock this feature.
Subscribe to Pro or Enterprise plans to unlock this feature.
Become a smarter investor today.
Become a smarter investor today.
This statistic highlights Palantir’s number of customers, reported on a quarterly basis from Q2 2020 onwards.
Palantir Technologies is an American software company, founded in 2003, by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp. It specializes in big data analysis.
The customer data in respect of Palantir Technologies is shown in the table below
Q2 2020 | Q3 2020 | Q4 2020 | Q1 2021 | |
Palantir’s Number of Customers | 125 | 132 | 139 | 149 |
(Actual Figures)
Palantir Technologies customers steadily increased from 125 to 149 during the period Q2 2020 to Q1 2021. Similarly, there was an increase of 6% between Q2 2020 and Q3 2020 when the number of customers increased from 125 to 132. However, this growth rate slowed down to 5%, from 132 in Q3 2020 to 139 in Q4 2020. Between Q4 2020 and Q1 2021, the rate of growth in the number of customers was 7%, which was the highest among all quarters.
Despite the economic slowdown caused by COVID-19, the steady increase in the company’s customer base is an achievement in itself. The reason for this increase could be that the firm operates in a niche field of Big Data Analysis, a field whose applications and benefits are being understood and exploited by both Government Organizations and Private Companies, and “Data” is being touted as the new “Oil”. In fact, the US Government recently utilized the services of Palantir to set up a system for tracking the manufacture, distribution, and administration of COVID-19 vaccines across the country.
The Customers of Palantir Inc. can be categorized as:-
Company Overview
Palantir Technologies is a public limited company, headquartered in Denver, Colorado. The company employed 2,500 personnel in 2019. Alex Karp is the current CEO of the company. He had stated in 2013 that the company wouldn’t pursue an IPO, as going public would make running a company of this nature very difficult. However, in July 2020, the company revealed that it had filed for an IPO. It finally went public on the New York Stock Exchange(NYSE) through a direct public offering on September 30, 2020, under the ticker symbol “PLTR”. Palantir’s reported revenue was $1.1 billion (2020). The most popular projects of the company are Palantir Gotham, Palantir Metropolis, and Palantir Foundry.
Did you like Palantir’s number of customers statistic?
Access thousands of more such key performance indicator data points, on listed companies, with Business Quant.
You can also get started for free.
Always know what you’ll pay. No hidden costs or surprises.
* Billed annually, local taxes extra.
* Local taxes extra.
.