PLTR

National Security and Defense AI Programs

Cluster Description

End-to-end AI and data platforms for U.S. and allied defense missions, industrial base modernization, and mission command; newer awards and expansions supersede earlier scope where noted.

Commitments

• September 10, 2025: Palantir and Hadean will deploy Hadean’s wargaming, C2, and battlefield training products across the UK Armed Forces on Foundry, integrating with the MoD data fabric to accelerate deployment.
• September 10, 2025: Hadean’s products on Foundry will be made available for use in real-world classified UK MoD environments within months, with Palantir providing secure software access to scale deployment.
• July 02, 2025: Launch “Warp Speed for Warships” to accelerate warship production, fleet readiness, and digital transformation across the U.S. maritime industrial base using a digitally connected manufacturing ecosystem.
• June 30, 2025: Establish a strategic partnership with Accenture Federal Services, training and certifying 1,000 AFS Data & AI professionals on Foundry and AIP and co-developing offerings for enterprise-to-edge fusion, predictive supply chains, and financial intelligence.
• June 26, 2025: Co-develop and deploy the Nuclear Operating System to make nuclear plant construction faster, safer, and on-budget through AI-driven planning, predictive analytics, and streamlined regulatory workflows.
• December 18, 2024: Extend Army Vantage for up to four years to operationalize data across the Department of the Army, continuously integrating new AI capabilities for over 100,000 users and 180+ data sources.
• December 09, 2024: Expand USSOCOM contract ($36.8 million) with Palantir as lead software integrator for Mission Command System capabilities to enhance global Special Operations mission readiness.
• December 06, 2024: Form a national security AI consortium (with Anduril and others) leveraging AIP and Lattice to retain and process defense data at scale, deploy Maven Smart System, and improve joint decision-making across classification levels.
• November 04, 2024: Deliver AI capabilities under a new five-year contract across Army, Air Force, Space Force, Navy, and Marine Corps, operationalizing CJADC2 and scaling the Maven Smart System (supersedes scope initially announced September 20, 2024).
• September 20, 2024: Expand access to the Maven Smart System via a DoD contract worth up to $99.8 million over five years to improve interoperability and readiness across U.S. military services (now superseded by the November 04, 2024 contract expansion).

Government-Grade Security and Compliance Enablement

Cluster Description

Security accreditations and partner enablement to power compliant AI/software for federal missions; later certifications underpin and expand earlier capabilities.

Commitments

• September 17, 2025: Achieve CMMC Level 2 certification, validating Palantir’s ability to secure CUI for Department of War and other federal programs in alignment with NIST SP 800-171.
• September 17, 2025: Offer FedStart so partners can rapidly meet FedRAMP authorization and CMMC compliance on Palantir infrastructure, accelerating access to DoW, DIB, and federal opportunities.
• April 17, 2025: Enable Anthropic to deliver Claude to federal agencies via FedStart with FedRAMP High and DoD IL5 compliance, bringing secure AI assistance to millions of government employees in the coming months.
• December 03, 2024: Obtain FedRAMP High Authorization for Palantir Federal Cloud Services, allowing the U.S. government to use Palantir’s full product suite for the most sensitive unclassified workloads and accelerating partner collaboration.
• November 07, 2024: Partner with Anthropic and AWS to make Claude models available on AWS for U.S. intelligence and defense, including in classified environments, to dramatically improve analysis and decision-making.

Industrial and Manufacturing Modernization (Warp Speed and Operations)

Cluster Description

Scaling advanced manufacturing, program execution, and supply chain resilience using Palantir Foundry, AIP, and Warp Speed across defense and commercial industrial ecosystems.

Commitments

• September 04, 2025: Expand a five-year partnership with Lear to broaden Foundry, Warp Speed, and AIP across global manufacturing and back-office processes, building on IDEA by Lear (> $30 million savings in H1 2025).
• March 13, 2025: Onboard new Warp Speed customers (e.g., Epirus, Red Cat, Saildrone, Saronic, SNC, Ursa Major) to scale production, optimize supply chains, and deliver complex programs on time; manage TITAN program delivery using Warp Speed.
• December 11, 2024: Launch the inaugural Warp Speed cohort to reindustrialize U.S. manufacturing with AI-driven operations and supply chain visibility.
• December 11, 2024: Extend partnership with Panasonic Energy for three years to transform American battery manufacturing, unlocking efficiencies at gigafactory scale and bolstering U.S. energy self-sufficiency.
• December 11, 2024: Support L3Harris’s production planning and process automation with Warp Speed to enhance operational efficiency and inventory management.
• December 11, 2024: Enable Anduril to achieve up to 200x improvement in anticipating/responding to supply shortages using Warp Speed-driven manufacturing operations.

Cross-Industry Enterprise AI Transformations

Cluster Description

Deployment of Foundry/AIP to drive measurable operational impact across telecom, insurance, paper and packaging, healthcare, mobility, financial services, utilities, natural resources, and media.

Commitments

• September 04, 2025: Deploy Foundry and AIP to Lumen to modernize legacy operations, decommission infrastructure, and enable AI-assisted decisioning across operations, finance, and technology.
• August 12, 2025: Expand multi-year partnership with SOMPO across subsidiaries in Japan using Foundry to optimize claims and underwriting, targeting ~$10 million annual financial improvement.
• June 10, 2025: Launch a multi-year digital transformation with Fedrigoni to build a data-driven organization focused on stock optimization, demand forecasting, and operational efficiency via AI.
• May 08, 2025: Partner with The Joint Commission to modernize accreditation with AI, improving patient safety, outcomes, and reducing provider burden through enhanced data utilization.
• March 06, 2025: Sign a three-year strategic partnership with EYSA to operationalize AI in mobility management, including real-time road safety and dynamic pricing applications.
• March 04, 2025: Collaborate with Societe Generale to enhance security and data integrity in international retail banking and strengthen financial crime risk management with advanced analytics.
• February 19, 2025: Establish a multi-year partnership with SAUR to transform contract management using Foundry and AIP, deploying to 300+ users and reducing cycle times from hours/days to minutes.
• December 18, 2024: Partner with Pray.com to automate multilingual content translation, cutting translation time from days to minutes for thousands of podcast hours.
• September 25, 2024: Extend APA Corporation’s enterprise agreement to embed new AI capabilities that increase operational efficiency and visibility in responsible oil and gas production.

Financial Guidance and Performance Targets

Cluster Description

Revenue, profitability, and cash flow targets; the most recent guidance supersedes earlier figures and reflects raised outlooks through 2025.

Commitments

• August 04, 2025: Raise Q3 2025 revenue guidance to $1.083–$1.087 billion (supersedes May 05, 2025 Q2 outlook).
• August 04, 2025: Raise full-year 2025 revenue guidance to $4.142–$4.150 billion (supersedes May 05, 2025 and February 03, 2025 full-year targets).
• August 04, 2025: Increase U.S. commercial revenue guidance to > $1.302 billion for 2025, at least 85% growth year over year (supersedes May 05, 2025 and February 03, 2025).
• August 04, 2025: Lift adjusted income from operations guidance to $1.912–$1.920 billion for 2025 (supersedes May 05, 2025 and February 03, 2025 ranges).
• August 04, 2025: Raise adjusted free cash flow guidance to $1.8–$2.0 billion for 2025 (supersedes May 05, 2025 and February 03, 2025).
• May 05, 2025: Guide to 36% full-year 2025 revenue growth, with U.S. commercial revenue up at least 68% (superseded by August 04, 2025).
• May 05, 2025: Project adjusted income from operations of $1.711–$1.723 billion and adjusted free cash flow of $1.6–$1.8 billion for 2025 (superseded by August 04, 2025).
• May 05, 2025: Expect Q2 2025 revenue of $934–$938 million.
• February 03, 2025: Set FY2025 revenue outlook at $3.741–$3.757 billion, U.S. commercial revenue > $1.079 billion (≥54% growth), adjusted income from operations $1.551–$1.567 billion, and adjusted free cash flow $1.5–$1.7 billion (all superseded by May 05, 2025 and then August 04, 2025).
• November 04, 2024: For FY2024, raise U.S. commercial revenue guidance to > $687 million and adjusted free cash flow to > $1.0 billion.

Platform Strategy, Product, and R&D

Cluster Description

Scaling platform access, accelerating development velocity, and sustained investment in technical talent and secure-by-design architecture; newer statements reinforce ongoing commitments.

Commitments

• September 17, 2025: Continue investing in security-first architecture (zero trust, defense-in-depth, continuous monitoring) and robust compliance frameworks across IL5/IL6 to exceed industry standards.
• July 22, 2025: Continue expanding platform availability to broader markets while managing customers at the account level to optimize growth opportunities.
• July 22, 2025: Sustain elevated R&D investment in people and features to enhance offerings and develop new capabilities.
• May 05, 2025: Increase investment in elite technical talent and product pipeline to sustain innovation and competitive advantage, with significant expense increases expected in 2025.
• May 05, 2025: Maintain a Rule of 40 score of 80% for full-year 2025, balancing growth and profitability.
• May 05, 2025: Expand AI product offerings with enterprise AI agents that boost productivity and decision-making across sectors.
• November 15, 2024: Launch AIP for Developers and commit to “deprecating backend development,” enabling customers to build applications up to 50x faster from prototype to production.

Capital Allocation and Market Actions

Cluster Description

Programs and actions to enhance shareholder value and market presence; later repurchase disclosures supersede earlier remaining authorizations.

Commitments

• July 22, 2025: Continue the share repurchase program authorized up to $1.0 billion, with approximately $899.2 million remaining available (supersedes April 30, 2025 and February 18, 2025 amounts).
• April 30, 2025: Report approximately $917.8 million remaining under the share repurchase authorization (now superseded by July 22, 2025).
• February 18, 2025: Report approximately $935.8 million remaining under the share repurchase authorization (now superseded by April 30, 2025 and then July 22, 2025).
• November 14, 2024: Transfer listing of Class A common stock to the Nasdaq Global Select Market, with the move expected by November 26, 2024 to meet Nasdaq-100 eligibility criteria.
• November 04, 2024: Continue executing share repurchases, with approximately 1.8 million shares repurchased by the end of Q3 2024.

Ecosystem and Community Engagement

Cluster Description

Events and content to showcase customer impact and expand the community of builders around Palantir platforms.

Commitments

• September 04, 2025: Host AIPCon 8 with exclusive pre-stream content 20 minutes before the livestream to highlight customer outcomes.
• September 04, 2025: Feature 70+ speakers from U.S. commercial customers to share production AI use cases across industries.
• September 04, 2025: Provide live stream access via Palantir’s YouTube channel to broaden event reach.