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Palantir tops $1 billion in revenue for the first time, boosts guidance

Bucky

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The software analytics company has seen a boost from President Donald Trump’s government efficiency campaign, which included layoffs and contract cuts. Palantir’s U.S. government revenues jumped 53% from the year-ago period to $426 million.


Alex Karp had a vision, and it appears that vision is coming to reality:

With continued execution, and a focus on what matters and a near complete disinterest in what does not, we believe that Palantir will become the dominant software company of the future.​

And the market is now waking up to this reality.​



I credit President Trump for going all-in on Palantir. The rise in government revenue has been remarkable.
 
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