AI And TechnologyPalantir has excelled at actually putting generative AI applications into production, which is where most value is expected to be extracted in the coming years.
Financial PerformancePalantir's U.S. commercial segment saw growth accelerate to approximately 50% year-over-year in fiscal year 2024, up from 36% in fiscal year 2023.
Government ContractsThe U.S. Army recently awarded Palantir a $401 million total contract value, a four-year no-bid extension of its Army Vantage dashboard data contract, including an additional $219 million of ceiling that could increase the total ceiling value to $619 million.