Palantir Technologies
PLTRQ4 2024(PLTR Q3 FY2024)Derived45% AI
AI Revenue %
45%
AI Fair Value
$125.9B
AI Revenue (Q)
$727.5M
Total Revenue (Q)
$1.6B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
AIP as primary growth engine. Revenue was $725.5M, up 30% YoY — continued acceleration. Income from operations was $113.1M. The filing shows $366.9M in customer deposits (vs $209.8M at end of 2023), suggesting strong forward bookings likely driven by AIP demand. Remaining performance obligations were growing. No AI-specific revenue breakout. Estimating 45% — embedded ML (~5%) plus significant AIP adoption across both government and commercial (~40%). $326.5M AI / $725.5M total = 45.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Revenue $725,516 (three months ended September 30, 2024)
10-Q for period ending 2024-09-30, Condensed Consolidated Statements of Operations
Customer deposits $366,946 as of September 30, 2024 vs $209,828 as of December 31, 2023
10-Q for period ending 2024-09-30, Balance Sheet
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