{
  "slug": "palantir-technologies-inc",
  "symbol": "PLTR",
  "name": "Palantir Technologies Inc.",
  "fiscalYearEnd": "2025-12-31",
  "filing": {
    "accession": "0001321655-26-000011",
    "form": "10-K",
    "filed": "2026-02-17",
    "url": "https://www.sec.gov/Archives/edgar/data/1321655/000132165526000011/pltr-20251231.htm"
  },
  "model": "claude-haiku-5-5",
  "promptVersion": "2026-10-31.2",
  "generatedAt": "2026-10-31T19:48:20.681785+00:00",
  "segments": {
    "currency": "USD",
    "asOf": "2025-12-31",
    "total": 4475446000.0,
    "internal": null,
    "rows": [
      {
        "name": "Government",
        "revenue": 2402287000.0,
        "share": 53.7
      },
      {
        "name": "Commercial",
        "revenue": 2073159000.0,
        "share": 46.3
      }
    ]
  },
  "sections": {
    "businessModel": [
      {
        "de": "Foundry ist eine Plattform, die Organisationen ein zentrales Betriebssystem für verbundene Daten, Logik und Aktionen bietet.",
        "en": "Foundry is a platform that gives organizations one central operating system for connected data, logic and actions.",
        "quote": "Foundry transforms the ways organizations operate by creating a central operating system for their interconnected data, logic, and action."
      },
      {
        "de": "AIP ist die generative Plattform für künstliche Intelligenz des Unternehmens. Sie bietet sicheren Zugang zu großen Sprachmodellen (LLMs), also KI-Modellen für Text, die von Drittanbietern bereitgestellt werden.",
        "en": "AIP is the company's generative artificial intelligence platform. It provides secure access to large language models (LLMs), which are AI models for text, provided by third parties.",
        "quote": "AIP is our generative artificial intelligence (“AI”) platform, which provides secure connectivity to third-party-provided large language models (“LLMs”)"
      },
      {
        "de": "Apollo ist eine zentrale Steuerungsebene, die die laufende Auslieferung neuer Funktionen, Sicherheitsupdates und Plattformkonfigurationen koordiniert.",
        "en": "Apollo is a single control point that coordinates ongoing delivery of new features, security updates and platform configurations.",
        "quote": "Apollo provides a single control layer to coordinate ongoing delivery of new features, security updates, and platform configurations."
      },
      {
        "de": "Gotham wird in breitem Umfang in staatlichen Aufgaben eingesetzt.",
        "en": "Gotham is used widely across government functions.",
        "quote": "Gotham is used broadly across government functions."
      }
    ],
    "customers": [
      {
        "de": "Im Jahr 2025 erzielte das Unternehmen 4,5 Milliarden US-Dollar Umsatz. 54 % stammten von Regierungskunden und 46 % von kommerziellen Kunden.",
        "en": "In 2025 the company earned $4.5 billion in revenue. 54% came from government customers and 46% from commercial customers.",
        "quote": "Of the $4.5 billion in revenue that we generated in 2025, 54% came from customers in the government segment, and 46% came from customers in the commercial segment."
      },
      {
        "de": "Im Jahr 2025 stammten 74 % des Umsatzes von Kunden in den Vereinigten Staaten und 26 % von Kunden im Ausland.",
        "en": "In 2025, 74% of revenue came from customers in the United States and 26% from customers abroad.",
        "quote": "In 2025, we earned 74% of our revenue from customers in the United States, and 26% from those abroad."
      },
      {
        "de": "Zum 31. Dezember 2025 hatte das Unternehmen 954 Kunden.",
        "en": "The company had 954 customers as of December 31, 2025.",
        "quote": "As of December 31, 2025, we had 954 customers."
      }
    ],
    "competition": [
      {
        "de": "Hauptkonkurrenz sind die eigenen Softwareentwicklungen potenzieller Kunden.",
        "en": "The company's main competition is the in-house software development of its potential customers.",
        "quote": "We are fundamentally competing with the internal software development efforts of our potential customers."
      },
      {
        "de": "Weitere Konkurrenten sind große Unternehmenssoftware-Firmen, Regierungsauftragnehmer und Systemintegratoren.",
        "en": "Other competitors include large enterprise software companies, government contractors and system integrators.",
        "quote": "In addition, our competitors include large enterprise software companies, government contractors, and system integrators."
      },
      {
        "de": "Einige Konkurrenten haben größere Bekanntheit, eine längere Geschäftsgeschichte und größere Kundenstämme. Sie haben außerdem größere Vertriebs- und Marketingbudgets und können diese über ein breiteres Produktportfolio verteilen.",
        "en": "Some competitors have greater name recognition, longer operating histories and larger customer bases. They also have larger sales and marketing budgets and can spread them across a broader product range.",
        "quote": "some of our competitors have greater name recognition, longer operating histories, and larger customer bases; larger sales and marketing budgets and resources and the capacity to leverage their sales efforts and marketing expenditures across a broader portfolio of products"
      }
    ],
    "risks": [
      {
        "de": "Die drei größten Kunden machten 2025 16 % und 2024 17 % des Umsatzes aus.",
        "en": "The top three customers made up 16% of revenue in 2025 and 17% in 2024.",
        "quote": "Our top three customers together accounted for 16% and 17% of our revenue for the years ended December 31, 2025 and 2024, respectively."
      },
      {
        "de": "Viele Kundenverträge können vom Kunden jederzeit aus Zweckmäßigkeitsgründen gekündigt werden, also ohne besonderen Grund.",
        "en": "Many customer contracts may be ended by the customer at any time for convenience, meaning without a specific reason.",
        "quote": "many of our customer contracts may be terminated by the customer at any time for convenience and may contain other provisions permitting the customer to discontinue contract performance"
      },
      {
        "de": "KI-Algorithmen und -Modelle können fehlerhaft sein. Daten für KI können unzureichend, von schlechter Qualität sein oder unerwünschte Verzerrungen zeigen.",
        "en": "AI algorithms and models may be flawed. Data used for AI may be insufficient, of poor quality or show unwanted bias.",
        "quote": "AI algorithms and models may be flawed. Datasets in AI training, development, or operations may be insufficient, of poor quality, reflect unwanted forms of bias"
      },
      {
        "de": "Ein großer Teil des Umsatzes stammt aus Verträgen mit Regierungen und Behörden, insbesondere mit der US-Regierung und ihren Behörden.",
        "en": "A large part of revenue comes from contracts with governments and government agencies, especially the U.S. government.",
        "quote": "Because we generate a substantial portion of our revenue from contracts with governments and government agencies, and in particular from contracts with the U.S. government and government agencies"
      }
    ]
  }
}