Palantir Posted Nearly $1 Billion in 2018 Sales, Executive Says
- Peter Thiel’s data startup continues to prepare for IPO
- Corporate clients are said to account for half of revenue
Palantir headquarters in Palo Alto, California.
Photographer: Smith Collection/Gado via Getty Images
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Palantir Technologies Inc., the data analytics startup co-founded by Peter Thiel, generated almost $1 billion in revenue last year, an executive said in a French television interview.
The disclosure is unusual for the secretive, privately held company, as it prepares for a possible initial public offering. Fabrice Bregier, the president of Palantir’s France business, provided the revenue figure during a Wednesday interview with French business media station BFM. A spokeswoman for Palantir declined to comment.