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Company $PLTR , known as "Government's Daughter," has sat for many years living off government contracts. In recent years, its reliance on corporate contracts has increased, which is positive.
The latest report released last Monday shows that it still remains "Government's Daughter," albeit in a better state than in previous years.
🗓️ In the last quarter...
📍Government contracts: 52% of revenue
📍Commercial contracts: 47% of revenue
Additionally, there is a rapid growth in contracts with the government, at 84% compared to 66% in the previous quarter.
🍰So, the majority of revenue still comes from the government, and the "cake" continues to grow:
📍Between 2015–2019, its government contracts were $700 million
📍Between 2020–2024, the figure rose to $1.9 billion
📍Between 2025–2026, the figure reached $1.7 billion so far
The defense sector is the largest sector with which the company has contracts, including a contract with the U.S. Army worth $227 million, which is the largest government contract in the company's history to date.
Fact: The company was founded in 2003 with funding from the U.S. intelligence agencies.