Commercial growth is higher, but government revenue

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:

  • 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.
  • International Operations:

    • Total International Revenue: $226.5 million.
      • International Commercial Revenue: $138.2 million.
      • International Government Revenue: $88.3 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.

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