How does Palantir's government revenue compare to commercial?
3/29/2025 06:36pm
Palantir's government revenue and commercial revenue have shown distinct growth patterns and current proportions:
1. **Government Revenue Growth**: Palantir's government revenue has exhibited a consistent upward trend. It grew by 24% year-over-year and 8% quarter-over-quarter to $278 million. This segment's year-over-year growth is a notable 27%, with a 7% increase from the previous quarter, reaching $307 million.
2. **Commercial Revenue Growth**: The commercial revenue segment has shown even more robust growth. It grew by 33% year-over-year and 3% quarter-over-quarter to $307 million. The US commercial revenue alone grew by 55% year-over-year and 6% quarter-over-quarter to $159 million. This segment's year-over-year growth is a substantial 64%, with a 10% increase from the previous quarter, reaching $284 million.
3. **Comparison and Insights**: While both segments are growing significantly, the commercial revenue segment is currently larger and growing at a faster rate. The commercial segment's growth rate exceeds that of the government segment in both year-over-year and quarter-over-quarter comparisons. This trend suggests a strengthening commercial presence and diversification of Palantir's revenue streams. However, the government segment's substantial base and growth rate indicate its continued importance to the company's overall revenue.