Palantir’s Revenue by Segment (2019 – 2021)

Download

About

This statistic highlights Palantir’s Revenue by Segment from Q3 of 2019 onwards, split between commercial and government segments.
Subscribe to Pro or Enterprise plans to unlock this feature.
More information
Subscribe to Pro or Enterprise plans to unlock this feature.
Contact the Analyst
Share on facebook
Share on twitter
Share on linkedin
Share on email
Share on reddit
Share on facebook
Share on twitter
Share on linkedin
Share on email

Become a smarter investor today.

Access Business Quant for as low as $19/month

Become a smarter investor today.

Access 100,000+ statistics for just $19/month

This statistic highlights Palantir’s Revenue by Segment from Q3 of 2019 onwards, split between commercial and government segments.

Palantir’s Revenue by Segment

Palantir Technologies Inc. is an American software company that works in data analytics. The company offers its services to the governments of various countries. and private companies in the field of healthcare, finance, automobile, etc.

Palantir Technologies Inc. generates its revenue from two segments. These are:

  • Commercial Segment
  • Government Segment

The following table sheds more light on each of the segments and their contribution to the company’s overall top line.

Segment Revenue Q1 2020 Revenue Q1 2021 Revenue Share in Q1 2021 YoY Growth
Commercial $111.2 $132.81 38.92% 19.43%
Government $118.13 $208.42

 

61.08% 76.43%
Total Revenue $229.33 $341.23 100% 48.79%

( All figures in millions, except percentages)

Palantir’s total revenue shows consistent growth on a year-on-year basis, from $229.33 billion in Q1 2020 to $341.23 in Q1 2021. It is increased by 48.79% during this period. Data analysis is becoming one of the most important commodities now a day and the company is taking advantage of this commodity. This is the main reason behind the company’s growth.

Commercial Segment

In this segment, the software is used by hedge funds, banks, and financial services firms. The commercial segment offers its services to private industries like Merck, Fiat Chrysler Automobile,  Morgan Stanley, Ferrari, and many more.

The commercial segment generated revenue amounting to $111.2 million in Q1 2020 and 132.81 million or 39% of revenue share in Q1 2021. The revenue from this segment shows a growth of 19.43% or 21.61 million from Q1 2020 to Q1 2021.

Government Segment

The government segment offers its services to the agencies of the united states federal government and non-united states government like the United Kingdom, and France in the fields of Defence and Security, Intelligence, Healthcare, etc.

The government segment contributed $208.42 million or 61% of the total revenue share in Q1 of 2021 and $118.13 million or 51% of the revenue share in Q1 of 2020. The revenue from the government agencies shows a growth of  $90.29 million or 76.43% from Q1 2020 to Q1 2021.

Due to the covid-19 pandemic, Palantir has higher demand in the public health care segment. The company’s technology is used by the US and UK governments to trace the spread of the virus and track the data of COVID-19 hospitals in the country.

Company Overview

Palantir Technologies Inc. is a software-based company founded in 2003 by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Carp. Headquartered in Denver, Colorado. In beginning, the company started building software for the intelligence community in the United States to assist in counterterrorism investigations and operations.  Later the company began working with commercial enterprises. The company has 2500 employees and 125 customers all over the world.

The company has acquired many companies like Voicegem, Kimono Labs, Poptip, Silk, FT technologies to fight competition and make an entry into new markets. Palantir has also formed partnerships with companies like IBM, Thompson Reuters, and Amazon Web Services. In the US, Palantir faces tough competition from Cognizant, Mu Sigma, Tableau Software, and Tyler Technologies.

Did you like Palantir’s Revenue by Segment statistic?

Access thousands of more such key performance indicator data points, on listed companies, with Business Quant. You can also get started for free.

Read more

Our Plans

Always know what you’ll pay. No hidden costs or surprises.

  • Annual
  • Monthly

Basic

Get to know us

  • Access basic data
  • No credit card required
$0
per month
Start for Free

Investor

The essentials toolkit

  • Financial data & tools Features include : Stock screener, stock comparison, sector data, investor warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
  • Download data Download underlying data in csv and xlsx (Excel) formats for offline analysis.
  • Priority support Fanatical 24*7 customer support to ensure seamless access for you.
$19
$9.9
per month*
Buy Now

51% discount until June 20

Pro

For serious investing

  • All of Investor plan All the features in Investor plan, are included in the Pro plan.
  • Granular data & tools Over 100,000 company-specific key performance indicator statistics. Examples include AT&T's broadband subscriber trends, Tesla's deliveries by model and more. Also, access financials by segment / region / product category etc.
  • Industry data & tools Access data on 40+ industries. For example, datasets include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$39
$19
per month*
Buy Now

Enterprise

For tailored workflows

  • All of Pro plan Get unfettered access to all our dashboards and dossiers.
  • Custom Dashboards Get tailored dashboards built specially for you, to simplify your research workflow.
  • Bespoke Research We'll expand our granular coverage to companies and sectors of your choice.
$99
per month, onwards*
Contact Us

* Billed annually, local taxes extra. 

Basic

Get to know us

  • Access basic data
  • No credit card required
$0
per month
Start for Free

Investor

The essentials toolkit

  • Financial data & tools Features include : Stock screener, stock comparison, sector data, investor warnings, advanced charting tools, financial statements dating back 10+ years, stock reports, SEC filings and stock ratings. There are 200+ financial items and ratios on thousands of US stocks.
  • Download data Download underlying data in csv and xlsx (Excel) formats for offline analysis.
  • Priority support Fanatical 24*7 customer support to ensure seamless access for you.
$19
per month*
Buy Now

51% discount on Annual plan

Pro

For serious investing

  • All of Investor plan All the features in Investor plan, are included in the Pro plan.
  • Granular data & tools Over 100,000 company-specific key performance indicator statistics. Examples include AT&T's broadband subscriber trends, Tesla's deliveries by model and more. Also, access financials by segment / region / product category etc.
  • Industry data & tools Access data on 40+ industries. For example, datasets include market share, smartphone shipments by vendor, subscribers by wireless carrier, historical gold production. There are 20,000+ such statistics.
$39
per month*
Buy Now

Enterprise

For tailored workflows

  • All of Pro plan Get unfettered access to all our dashboards and dossiers.
  • Custom Dashboards Get tailored dashboards built specially for you, to simplify your research workflow.
  • Bespoke Research We'll expand our granular coverage to companies and sectors of your choice.
$99
per month, onwards*
Contact Us

* Local taxes extra. 

BQ Star 51% off

Get Pro for 51% off

  • Access all features immediately
  • Datasets updated every day
  • Export data in CSV and XLSX formats

Offer Ends In

Starting from $39 $10 / month