Who Palantir buys from and sells to
Sells data-integration and AI software (Gotham, Foundry, AIP) to governments and large companies.
Part of Defence and Rearmament spending
Buys from 4
Sells to 4
- US Department of DefenseArmy enterprise agreement, Maven targeting softwareUS government ~41% of revenue (FY2025 10-K)
- US civilian agenciesFoundry for agencies such as ICE, HHS and the IRS
- UK and NATO governmentsdefence and health data platforms
- US commercial enterprisesAIP and Foundry deployments
Where the chain could break
- US government is ~41% of revenue; budget fights or a shutdown hit bookings directly
- A $10B, 10-year Army deal folds 75 contracts into one renewal decision
Competes with
- SnowflakeSNOWenterprise data platform spending
- Databricksthe same, with an AI layer
- C3.aiAIenterprise and defence AI applications
Mapped by hand from filings and company reporting, as of October 2026. It shows the relationships that matter most, not every contract: most are never disclosed, and agreements change.