TacticScaleWhat Palantir Technologies Does & How It Makes Money (PLTR)
Updated October 2026 · reflects Palantir Technologies's latest reported financials
Data analytics and AI software for governments, militaries and enterprises. It earns revenue by providing and deploying its software platforms for government agencies (intelligence, defense) and commercial organizations, sometimes working with partners such as PwC.
How Palantir Technologies makes money
It earns revenue by providing and deploying its software platforms for government agencies (intelligence, defense) and commercial organizations, sometimes working with partners such as PwC.
What Palantir Technologies does
Palantir Technologies builds software platforms that bring together and analyze data for intelligence, defense and commercial customers in the US, UK and internationally. Gotham serves defense and intelligence users, combining data from sensors and other sources in near real time to support situational awareness and operational decisions, from operations centers to the tactical edge. Foundry acts as a central operating system for an organization's data. Apollo delivers software and updates so customers can deploy in almost any environment. Its Artificial Intelligence Platform (AIP) gives unified access to open-source, self-hosted and commercial large language models. It turns organizations' data and processes into tools that people and AI agents can use. Palantir has partnerships with NVIDIA (running AI models in sovereign environments), PwC (enterprise transformation) and Ondas (AI-enabled ISR missions). The company was incorporated in 2003 and is headquartered in Aventura, Florida.
Products & services
- Palantir Gotham
- Palantir Foundry
- Palantir Apollo
- Palantir Artificial Intelligence Platform (AIP)
What is Palantir Technologies worth?
On an owner-earnings DCF, Palantir Technologies's most-likely value is about $141 versus a recent price near $209 (32% above fair value). But TacticScale only calls a stock undervalued when the price sits below its conservative no-growth floor (~$15) with a margin of safety — so the honest verdict here is “Fairly priced — no edge.” Fair value earns its keep only at the extremes, not in the wide middle.
Price sits in the normal range — fair value isn't actionable here; it earns its keep only when price drops below the no-growth floor, or runs to roughly double the optimistic case.
Analysis, not advice. Fair value is a margin-of-safety estimate from a deterministic owner-earnings DCF, not a price target or recommendation. See the full breakdown →
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