Gotham
Q2 2026 US government revenue $809M (+90%); FY2025 US government revenue $1.855B (+55%).
The numbers
What it is
Gotham is Palantir's platform for defense and intelligence customers. It fuses sensor, intelligence and logistics data for planning and operations. It is the core product behind the company's US government business. Palantir does not report Gotham revenue separately; the figures below are the US government segment.
Why it matters to the stock. Government work is the largest revenue share, with long contracts and renewals. Defense budget decisions and contract awards move the stock more than anything else in government.
News
Army awards $192M TITAN production orders split between Palantir and Anduril
The US Army awarded $192 million in production orders for the TITAN ground-station system to Palantir ($127 million) and Anduril ($65 million), moving it into production.
Draft Pentagon memo would direct up to $243.9M in funding for Palantir services
A draft memo from Deputy Defense Secretary Steve Feinberg, dated August 4 and titled Funding Palantir, would direct up to $243.9 million for Palantir services through March 31, 2027, with options through December 2028.
Palantir raises FY2026 revenue guidance to $8.150-8.158B
Palantir raised its full-year 2026 revenue guidance to $8.150-8.158 billion, up from the earlier $7.650-7.662 billion range, which implies about 82% growth.
Palantir raises FY2026 revenue guidance to $7.650-7.662B
Alongside Q1 results, Palantir raised full-year 2026 revenue guidance to $7.650-7.662 billion, about 10 points above its prior outlook and roughly 71% growth.
Intercept: IRS criminal unit has paid Palantir over $130 million since 2018
The Intercept, citing public records obtained by American Oversight, reported that the IRS Criminal Investigation division has used Palantir's Lead and Case Analytics platform since 2018.
Citi upgrades Palantir to Buy and raises target to $235 from $210
Citi upgraded Palantir to Buy on January 12, 2026 and raised its price target to $235 from $210, according to an HeyGoTrade write-up published the next day.