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Palantir’s US commercial sales top government revenue for the first time

Palantir’s revenue nearly doubled to $2.31bn, and it raised its full-year forecast to $8.53bn. Chief executive Alex Karp told CNBC that no one in software AI has had such consistent results.

By TNW | Finance

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Palantir’s US commercial sales top government revenue for the first time
Image: Alex Karp, chief executive and co-founder of Palantir, speaking at the World Economic Forum Annual Meeting in Davos, Switzerland, in May 2022.

Palantir’s US commercial business brought in more revenue than its US government work for the first time in the third quarter. US commercial revenue rose 148% from a year earlier to $984m, the company said in its earnings release on Monday. Revenue from the US government rose 96% to…

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