In the third quarter of 2024, Palantir Technologies Inc. (PLTR) reported robust financial performance, with detailed revenue figures across its key segments:
Total Revenue: $725.5 million, a 30% year-over-year increase.
still dorminates. The recent price gain of 50% is after Trump won the election.
Segment Revenue Breakdown:
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U.S. Operations:
- Total U.S. Revenue: $499 million, up 44% year-over-year.
- U.S. Commercial Revenue: $179 million, a 54% increase.
- U.S. Government Revenue: $320 million, a 40% rise.
- Total U.S. Revenue: $499 million, up 44% year-over-year.
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International Operations:
- Total International Revenue: $226.5 million.
- International Commercial Revenue: $138.2 million.
- International Government Revenue: $88.3 million.
- Total International Revenue: $226.5 million.
These figures highlight Palantir's significant growth, particularly within the U.S. market, driven by increased demand for its AI-driven solutions across both commercial and government sectors.
Note: All financial data is sourced from Palantir's Q3 2024 earnings report.