PLTRPalantir Technologies Inc.

“Net dollar retention was 150%, an increase of 1,100 basis points from last quarter. The increase was driven both by expansions at existing customers and new customers acquired in Q1 of last year as load-bearing institutions continue to turn to Palantir Technologies Inc.'s battle-tested AI platform.”

“Over the past twelve months, we closed $4.7 billion of U.S. commercial TCV bookings, a 115% increase from the prior twelve months, highlighting the accelerating demand for AI that creates real operational value.”

“Our free cash flow this quarter is larger than our revenue a year ago in the same quarter. Think about that. Same company, same people, extended products—it is all being extended.”

“GPT-4–equivalent performance that cost $20 per million tokens in early 2023 is now approximately a thousand times cheaper three years later. Because of this increased efficiency, use case demand for tokens is exploding. Our AIP workflows today utilize vastly more tokens—agents orchestrating across the ontology, chaining reasoning, tool use, retrieval, and execution—and it is growing. This is Jevons' paradox.”

“Ship OS, in partnership with the Department of the Navy, has produced remarkable impact at several manufacturing industrial base suppliers already, including dropping manufacturing bill of materials approval time from 200 hours to 15 seconds, increasing speed of contract review cycles by 57% to 73%, and reducing monthly material planning time by 94%.”

“what is now clear is that Mythos and SPUD and even other current-generation models with AIP are capable of finding novel vulnerabilities in complex cyber kill chains. They have discovered thousands of zero days across major operating systems and browsers. This is the Sputnik moment in the AI arms race.”

“on the back of a 26% increase in engine performance with AIP, GE Aerospace deepened their partnership with Palantir Technologies Inc. last quarter to deploy agentic AI-powered solutions across their production system and military aviation supply chain”

“Maven met its moment across real-world events in Q1. Usage has doubled in the past four months through March and is now 4x over the past twelve months—across the services, the combatant commands, the Joint Staff, and the intelligence community.”

“Thomas Cavanagh Construction—97% of their employees use Foundry every day—and every other piece of software must now justify its existence.”

“unified cost attribution per agent, per session, per workflow, with administrative caps. Full provenance, so every ontology mutation traces back to the agent and reasoning chain that produced it. Security marking propagation from input data through agent sessions onto all output, with approval gates for any workflow that could reclassify information.”

“A major telco set out to automate 10 million customer calls a year. The real insight was that the most dissatisfied customers never call; they churn silently. The reframe was counterintuitive: Do not use AI to reduce calls. Use it to generate them. An AI advocate that proactively calls on every customer's behalf.”

“as the AIG CEO noted in their recent earnings call, they are deploying AIP to implement a multi-agentic underwriting and claims solution comprised of purpose-built agents ingesting submissions, evaluating risk, benchmarking pricing, and detecting fraud, all coordinated through the ontology.”

“AIP is the default builder platform in the Department of [inaudible], with thousands of developers using AIFD, migrating legacy systems, standing up new capabilities, solving problems that used to require contractor teams and months of lead time.”

“You see the AIG CEO talking about the agentic underwriting and claims process being coordinated through the ontology. These are all really massive undertakings. We are going deep with our customers, and we are having that level of impact.”

“This quarter, we replaced our old, expensive CRM with an AI-first solution built on AIP in a few months that users absolutely love.”

“our biggest problem currently in the U.S.—and why I believe we have 100% growth in the U.S.—is that we just cannot meet demand.”

“We are building a platform-native agent engine SDK, a single set of primitives for building, persisting, governing, and operating ontology-native agents. A common layer that lets you visualize every agent in your enterprise and control it, regardless of how it was built. A true agent operating system.”

“One of the challenges for the labs is that all they see are the limitless potential, as opposed to living at the edge of where it translates into economic value. You see that with attempts to build out deploy code—it is essentially, how do I take Palantir Technologies Inc. and try to replicate that.”

“almost every single highlighted example of AI that actually is producing results in the U.S. is actually Palantir Technologies Inc. by Palantir Technologies Inc. And one of the ways to pen test what we are saying is just dig into the examples of AI actually transforming an enterprise.”

“We are focused on enterprise autonomy, not on dazzling demos. We have, in the ontology, the no-slop zone. The ontology is the body to the AI brains. You cannot actually interact with the enterprise or affect the world; your agents can go nowhere without ontology.”

“We are really providing infrastructure and installation of AI infrastructure. If your company is largely running around and offering steak dinners with something that someone can hack and rebuild in a week, yes, you are going to have a huge problem.”

“AIP is the only platform that establishes a true AI no-slop zone, a necessary requisite to converting potential AI leverage into compounding real-world value without risking enterprise disaster.”

“The best thing that can happen to this company—and maybe this country—is, of course, they should go out and flirt with all this slop. Mostly they come home to Palantir Technologies Inc.”

“More AI means more code. More code means more slop. More slop means more attack surface. More attack surface means more vulnerabilities, and more vulnerabilities means more Apollo.”

“This growth was driven by continued execution in existing programs and new awards reflecting the growing demand for our AI platform in government.”

“Our AI platform dominates U.S. markets as the only real choice for deploying AI models operationally in a way that actually works.”

“the current environment is actually being transformed by the Palantir Technologies Inc. platform. And although there is a wide view out there in the world that AI slop is going to take over the world, our clients, especially lasting primordial infrastructure industries, know this is not the case.”