Logo: Palantir Technologies. The original uploader was KarimKo..., Public domain

Palantir Technologies

Data integration and analytics software company.

Enterprise softwareData analyticsAIDefenseGovernment technology

IPO^{Source [1]}^{Source [3]}Last verified Oct 2, 2026

About Palantir Technologies

Palantir Technologies builds software that lets organizations integrate their data, decisions and operations. It was founded in 2003 and began by building software for the US intelligence community for counterterrorism work, later adding commercial customers.^{Source [1]}

Its four principal platforms are Gotham, used across government and defense; Foundry, a data operations platform built around the Palantir Ontology; Apollo, which delivers and upgrades the software in any environment; and AIP, its generative AI platform.^{Source [1]}

It sells subscriptions to its software, either hosted by Palantir or installed in customers' own environments, plus professional services. In 2025 it reported $4.48 billion of revenue, split between government ($2.40 billion) and commercial ($2.07 billion) customers, with 74% from the United States.^{Source [1]}

Its Class A stock began trading in September 2020, joined the S&P 500 in September 2024 and moved from the NYSE to Nasdaq in November 2024. Its principal executive offices are in Aventura, Florida.^{Source [1]}^{Source [5]}

What happened

Founded in 2003 by a group that includes Stephen Cohen, Alexander Karp and Peter Thiel, and first built software for the US intelligence community before adding commercial customers. It became publicly traded through a direct listing in September 2020, and its Class A common stock trades on Nasdaq. Its 2025 annual report lists its principal executive offices in Aventura, Florida, previously Denver, Colorado.^{Source [1]}^{Source [3]}

Timeline

2026-02Annual report for 2025 listed principal executive offices in Aventura, Florida, previously Denver, Colorado.^{Source [1]}
2025Reported revenue of $4.48 billion, up 56% from 2024.^{Source [1]}
2024-11Moved its Class A stock listing from the NYSE to Nasdaq, trading from November 26, 2024.^{Source [5]}
2024-09Joined the S&P 500 index.^{Source [1]}
2020-09Class A common stock began trading on the NYSE on September 30, 2020.^{Source [1]}
2005Alexander Karp became CEO and Stephen Cohen joined the board.^{Source [2]}
2003-05Incorporated in Delaware on May 6, 2003; Peter Thiel became Chairman.^{Source [1]}^{Source [2]}

Products and brands

Palantir Gotham: Platform for defense, intelligence and other government missions.^{Source [1]}
Palantir Foundry: Data operations platform for data management, analytics and workflow development.^{Source [1]}
Palantir Apollo: Continuous delivery platform that deploys and upgrades Palantir software in any environment.^{Source [1]}
Palantir AIP: Generative AI platform that connects large language models to customer data and workflows.^{Source [1]}
Palantir Ontology: Layer in Foundry that maps an organization's data, logic and actions.^{Source [1]}

How it makes money: Sells subscriptions to its platforms hosted by Palantir (Palantir Cloud) or deployed in customer environments (On-Premises Software), with ongoing operations and maintenance, plus professional services, to government and commercial customers.^{Source [1]}

Leadership

Alexander Karp	Co-founder and Chief Executive Officer^{Source [2]}	Since 2005
Stephen Cohen	Co-founder, President and Secretary^{Source [2]}
Peter Thiel	Co-founder and Chairman^{Source [2]}	Since 2003
Shyam Sankar	Chief Technology Officer and Executive Vice President^{Source [2]}
David Glazer	Chief Financial Officer and Treasurer^{Source [2]}

Funding and financials

Revenue: $4.48 billion (fiscal 2025)^{Source [1]}
Net income attributable to common stockholders: $1.63 billion (fiscal 2025)^{Source [1]}
Market value held by non-affiliates: About $299.3 billion (June 30, 2025)^{Source [1]}

People on Founded, and where they went next

1 person on record, connected to 6 other companies.

Person	Here	Also built
Peter Thiel	Co-founder, Chairman of the board2003 to now	Mithril Capital Management2012ActiveFounders Fund2005 to nowActiveMeta2005 to 2022IPOClarium Capital Management2002Status unknownPayPal2000 to 2002IPOConfinity1998 to 2000Merged

Sources

Palantir Technologies Inc. Annual Report (Form 10-K) for fiscal year 2025, SEC EDGAR, 2026-02-17. Accessed Oct 2, 2026.
Palantir Technologies Inc. 2026 Proxy Statement (DEF 14A), SEC EDGAR, 2026-04-24. Accessed Oct 2, 2026.
Palantir Technologies, Wikipedia. Accessed Sep 28, 2026.
Biography, JoeLonsdale.com. Accessed Oct 2, 2026.
Palantir Technologies Inc. Form 8-K: transfer of stock exchange listing to Nasdaq, SEC EDGAR, 2024-11-14. Accessed Oct 2, 2026.

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