Palantir Reports 49% Revenue Growth; US Commercial Revenue Up 90% Y/Y

Palantir Reports 49% Revenue Growth; US Commercial Revenue Up 90% Y/Y

DENVER, August 12, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) today announced financial results for the second quarter ended June 30, 2021.

Q2 2021 Highlights

  • Total revenue grew 49% year-over-year to $376 million

  • US commercial revenue grew 90% year-over-year

  • Closed 62 deals of $1 million or more, of which:

  • 20 net new customers added in Q2 2021, total customers up 13% quarter-over-quarter

  • Commercial customer count increased 32% quarter-over-quarter

  • Cash flow from operations of $23…


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