Government and commercial have drawn level — a gap in growth rates quietly reshaping the mix
Palantir quarterly report (10-Q) for the quarter ended June 30, 2026. Revenue was \$1,935.5 million, up 93 percent year over year, with government at \$990.0 million (up 79 percent) and commercial at \$945.4 million (up 110 percent) — the faster commercial growth bringing the two nearly level.
Filing key facts
- CompanyPalantir Technologies Inc. (PLTR)
- FormQuarterly report (10-Q)
- ExchangeNasdaq
- Industry (SIC)Services-Prepackaged Software
- Filing date2026-08-04
- Period2026-06-30
- Accession no.0001321655-26-000041
Key points
- Palantir quarterly report for the quarter ended June 30, 2026, with revenue of \$1,935.5 million, up 93 percent year over year.
- Government revenue was \$990.0 million (up 79 percent) and commercial \$945.4 million (up 110 percent), leaving the two nearly level.
- Should the growth gap persist, the order between the two reverses; the six-month figures carry the same pattern.
- United States revenue made up 81 percent of the quarter, against 73 percent a year earlier, while rest of world fell from 27 to 19 percent.
- The customer split converges while geography concentrates — the two axes move in opposite directions.
1Two customer categories
Revenue is disclosed split between government and commercial. Both take the same product family, but they differ in how contracts are won, how fast decisions are made and where the budget comes from. Setting the two side by side each quarter shows which is growing.
2A gap in growth rates reshapes the mix
In amount, government stands at $990.0 million and commercial at $945.4 million, government still slightly ahead. In growth, government rose 79 percent and commercial 110 percent. Should that gap persist, the order reverses next quarter. The six-month figures carry the same pattern: 89 percent overall, government up 78 percent and commercial up 103 percent.
3Geography moves the other way
While the customer split converges, geography concentrates. United States revenue of $1,573.0 million made up 81 percent of the quarter, against 73 percent a year earlier. The two axes move in opposite directions, so reading either alone gives the wrong picture.
4What quarterly reading gives
In an annual filing such a shift appears only as a single still image. Set quarter against quarter and it becomes possible to see when the growth rates diverged and how fast the mix is turning. This site holds 128 quarterly reports at the same date, among the most numerous of the forms.
Why it matters
One axis moves toward dispersion while another concentrates. Reading a single measure and concluding that a business is diversifying would misstate the whole.
FAQ
Why split government from commercial?
What does quarterly reading give?
Sources (primary)
This article is an independent organization based on the U.S. SEC official disclosures below. Always verify the exact, latest details with the original filing.
- SEC EDGAR (filing index)
- Primary document (original)
- Accession no.：0001321655-26-000041