Palantir Technologies Inc. is a software company specializing in big data analytics. Its name is derived from J.R.R. Tolkien’s Middle Earth universe, specifically The Lord of the Rings. In 2020, the American company raked in more than *********** U.S. dollars in revenue for the first time, which increased to *********** U.S. dollars in 2023.

The net losses mystery

Despite the increased revenue, the company has recorded significant losses throughout the years. Since 2018, Palantir’s losses have amounted to approximately ************* U.S. dollars – with losses exceeding *********** U.S. dollars in 2020. One possible explanation for the contrasting lack of profit and increase in revenue is that the company is dependent on fundraising, meaning that it loses and raises money simultaneously. Another reason could be the expensive free trials that Palantir provides its customers. Since 2021, however, Palantir's net losses declined and reached a net income exceeding *********** U.S. dollars in 2023.

Palantir Gotham

Gotham is an AI-ready operating system used for military missions and one of the company’s most famous products. In 2023, a total of 77 companies were using Gotham just in the U.S., the majority of them being either tech or governmental companies. Gotham has been powering the U.S. Army Vantage platform since 2019, which comes as no surprise since Palantir’s collaboration with the U.S. Army goes back to 2009.

Palantir Technologies's annual revenue was $2.87 B in fiscal year 2024. The annual revenue increased $640.50 M from $2.23 B (in 2023) to $2.87 B (in 2024), representing a 28.79% year-over-year growth.

Palantir Technologies's annual net income per employee was $117.43 K in fiscal year 2024. The net income per employeeincreased$61.25 Kfrom $56.18 K(in 2023) to $117.43 K (in 2024), representing a 109.03% year-over-year growth.

Palantir Technologies Lithuania, UAB financial data: profit, annual turnover, paid taxes, sales revenue, equity, assets (long-term and short-term), profitability indicators.

Palantir Technologies stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

The global Sales Data Fusion market is experiencing robust growth, driven by the increasing need for businesses to gain actionable insights from disparate data sources. The market, estimated at $15 billion in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated value of $45 billion by 2033. This expansion is fueled by several key factors. The rise of big data and the proliferation of data sources across various departments (sales, marketing, customer service) necessitates sophisticated data fusion techniques to generate a unified, accurate view of customers and sales performance. Furthermore, the adoption of advanced analytics and AI-powered solutions enhances the ability of organizations to extract valuable insights for improved sales strategies, targeted marketing campaigns, and enhanced customer relationship management. The increasing demand for real-time data analysis further boosts market growth, empowering businesses to make faster, more informed decisions. Large enterprises are currently the primary adopters of Sales Data Fusion solutions due to their higher budgets and greater complexity of data management needs; however, growing adoption among SMEs is expected to significantly contribute to market expansion in the coming years. Market segmentation by service type (managed and professional services) further reveals a preference for managed services due to the specialized expertise and reduced operational overhead they provide. Geographical analysis reveals that North America currently dominates the market, primarily due to the early adoption of advanced technologies and the presence of major market players. However, substantial growth opportunities exist in the Asia-Pacific region, driven by rapid digital transformation and economic expansion in countries like China and India. While challenges such as data security concerns and integration complexities persist, the overall market outlook remains positive, driven by continuous technological advancements and the undeniable need for businesses to harness the power of unified sales data for competitive advantage. The market is expected to see continued consolidation, with larger players potentially acquiring smaller specialized firms.