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CLAIM #49354 · Palantir Technologies Inc. (PLTR) · 2021Q4 earnings call · Feb 17, 2022 · due Dec 31, 2022

It was like we've doubled USG U.S. commercial now from 50 to 100, 200, I believe we will double it again this year.

Alex Karp · CEO

PENDING
graded after results covering Dec 31, 2022 are reported

In context

hink the primary driver of revenue in U.S. commercial this year will still just be the way in which America, the IT organizations are actually beginning to request without knowing Foundry sometimes what Foundry offers. The CEOs assume that this is available. There is no other product on the market that can actually move from data warehouse, which is like there's like five companies, they all offer the same thing. Foundry interacts with all of them. When you move up to the chain to actually solving a real problem because it's defined your business, Foundry is highly differentiated. So we will layer that. I think it's way too early to know exactly the impact. Obviously, to the extent we get this to work, you could expect even higher growth than what we have, although I'm very happy with it. It was like we've doubled USG U.S. commercial now from 50 to 100, 200, I believe we will double it again this year. So any case, these are -- some of this is unknown, but we are working very aggressively. The other thing I would say outside of the U.S., again, a slightly longer answer, but one of the ways people look at Palantir is if you're going to -- I think the financial analyst likes to -- what we would have called science normalize the data, what you and finance would probably call strip out the inorganic inputs. But if I think if you're stripping out the inorganic inputs, you also have to look at the -- what I would essentially view as an inorganic input of COVID in Europe. If you strip -- and so Europe has been slow for us last year, which is one of the reasons why we were only at 41% last year and growth would be even higher. Europe grew, if you include SPACs at 9%, so slightly above what's p

Verify independently

SEC filings for PLTR · Claim quote is verbatim from the 2021Q4 earnings call.