Palantir Posts 137% Q4 Commercial Revenue Surge, Guides $7.18B–$7.20B for 2026
Palantir’s U.S. commercial revenues jumped 137% year-over-year to $507 million in Q4 2025 while government revenues rose 66% to $570 million. The company projects full-year 2026 revenue of $7.182–7.198 billion, more than double 2025’s $3.320 billion, driven by strong AIP adoption and contract pipeline.
1. Strong Q4 2025 Segment Performance
Palantir’s U.S. commercial segment revenue climbed 137% year-over-year to $507 million in Q4 2025, reflecting widespread adoption of its AIP platform among enterprise clients. Government segment revenue rose 66% to $570 million as federal and state agencies expanded use of Gotham and Foundry for data analytics.
2. Full-Year 2026 Revenue Guidance
The company forecasts full-year 2026 revenue of $7.182–7.198 billion, more than double the $3.320 billion reported in 2025. Remaining deal value in the U.S. commercial segment reached $4.38 billion in Q4, up 145% year-over-year, supported by a Rule of 40 score of 127%.
3. Ethical Concerns Over ICE Contracts
Palantir faces ethical scrutiny as it pitched AI hiring tools to Immigration and Customs Enforcement to recruit 10,000 new agents. Employees and investors are raising concerns that such government partnerships could damage the firm’s reputation and commitment to ethical technology use.