Is Palantir's Growth Too Dependent on Government Contracts?
Palantir Technologies (NYSE: PLTR), which is deeply involved with analytics and artificial intelligence (AI), has been growing both its commercial and government operations over the years.
However, some investors are concerned that perhaps it is too dependent on the government for its growth. A change in administration could bring different policies, and that could impact contract renewals. At the same time, however, government customers can be a great source of consistent and recurring revenue.
Below, I'll look at how much of Palantir's revenue has come from government versus commercial customers and what's been driving its growth.
Source Fool.com