Palantir Technologies
PLTRQ1 2025(PLTR Q4 FY2024)Derived50% AI
AI Revenue %
50%
AI Fair Value
$74.0B
AI Revenue (Q)
$413.8M
Total Revenue (Q)
$827.5M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
AIP now central to business. The FY2024 10-K describes four principal platforms with AIP prominently featured. The filing states: 'In 2023, we began deploying our newest offering, AIP, which is designed for customers across the commercial and government sectors, enabling them to derive value from recent breakthroughs in artificial intelligence.' Q4 2024 revenue = FY2024 ($2,870,226K) - nine months ($2,037,988K) = ~$832,238K. Remaining performance obligations were $1.7 billion as of December 31, 2024. No AI-specific revenue breakout. Revenue growth of ~36% YoY in Q4 strongly correlated with AI platform demand. Estimating 50% as AIP is now a substantial driver of both new and expansion revenue. $416.1M AI / $832.2M total = 50.0%.
Analyzed by claude-opus-4-6
Quoted Figures
In 2023, we began deploying our newest offering, AIP, which is designed for customers across the commercial and government sectors, enabling them to derive value from recent breakthroughs in artificial intelligence via the combination of our existing software platforms with generative AI models, including LLMs
10-K for year ended 2024-12-31, Item 1 Business
We have built four principal software platforms, Palantir Gotham (Gotham), Palantir Foundry (Foundry), Palantir Apollo (Apollo), and Palantir Artificial Intelligence Platform (AIP)
10-K for year ended 2024-12-31, Item 1 Business
The Company s remaining performance obligations were $1.7 billion as of December 31, 2024
10-K for year ended 2024-12-31, Note 3
Q4 FY2024 revenue of approximately $832,238K (derived from FY2024 annual less nine months ended September 30, 2024 of $2,037,988K)
10-K derived calculation
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