Palantir Technologies
PLTRQ2 2024(PLTR Q1 FY2024)Derived35% AI
AI Revenue %
35%
AI Fair Value
$29.6B
AI Revenue (Q)
$222.0M
Total Revenue (Q)
$634.3M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
AIP driving growth acceleration. Revenue jumped to $634.3M, up 21% YoY, with revenue acceleration attributed to AI demand. Filing describes the company as building platforms that serve as 'central operating systems' with AIP as a key growth driver. No AI-specific revenue breakout in the financial statements. Commercial revenue growth significantly outpacing government, suggesting AIP adoption in enterprise. Estimating 35% — embedded ML (~5%) plus maturing AIP contributions (~30%) as boot camp conversions and new AIP deals expand. $222.0M AI / $634.3M total = 35.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue $634,338 (three months ended March 31, 2024)
10-Q for period ending 2024-03-31, Condensed Consolidated Statements of Operations
Note 12. Segment and Geographic Information for disaggregated revenue by customer segment and geographic region
10-Q Segment Note — no AI-specific segment disclosed
AI Products Identified (Ring 1)
AIP (Artificial Intelligence Platform)Gotham ML/AI featuresFoundry ML/AI capabilities
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Foundry data integrationGotham intelligence analyticsApollo operations
Confidence Tier
DerivedCalculated from reported segments primarily serving AI