For most of its life, Palantir Technologies (NASDAQ:PLTR) has been a government software company.
Even now, with shares near $186 as of this writing, the artificial intelligence (AI) software specialist's biggest business at home is still the one built on government contracts. U.S. government revenue was $809 million in the second quarter, against $764 million for U.S. commercial.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But the gap is down to $45 million, and the two lines are not growing at the same speed. Last quarter, the U.S. commercial side grew 149% year over year. The government side grew 90%.
Roll those curves forward and they cross almost immediately. My prediction: U.S. commercial revenue passes U.S. government revenue in the third quarter of 2026 (the quarter that ends this month), and well before 2027 even if the timing slips.
#quarter
Even now, with shares near $186 as of this writing, the artificial intelligence (AI) software specialist's biggest business at home is still the one built on government contracts. U.S. government revenue was $809 million in the second quarter, against $764 million for U.S. commercial.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
But the gap is down to $45 million, and the two lines are not growing at the same speed. Last quarter, the U.S. commercial side grew 149% year over year. The government side grew 90%.
Roll those curves forward and they cross almost immediately. My prediction: U.S. commercial revenue passes U.S. government revenue in the third quarter of 2026 (the quarter that ends this month), and well before 2027 even if the timing slips.
#quarter
4 hours ago
