Palantir Technologies Inc. (PLTR) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Palantir Technologies Inc. surfaced in its latest filing.

• Total remaining deal value as of December 31, 2025: $11.2 billion, with $6.8 billion from commercial customers and $4.4 billion from government customers.December 31, 2025
• In March 2024, we were selected by the U.S. Army to develop and deliver the Tactical Intelligence Targeting Access Node ground station system, the Army’s first AI-defined vehicle.March 2024
• In November 2019, we created a jointly controlled entity in Japan with SOMPO Holdings, Inc., in which we subsequently obtained a controlling interest in November 2022.November 2019
• We created a jointly-owned entity in South Korea with HD Hyundai Co. Ltd. in December 2022 in which we have a controlling interest.December 2022
• Existing revolving credit facility matures in March 2027 with total commitments of up to $500 million, all undrawn as of the date of the Quarterly Report on Form 10-Q.March 2027
• The total value of Strategic Commercial Contracts was $326 million with no remaining contractual options as of June 30, 2026, and cumulative recognized revenue was $325 million, of which $3 million was recognized during the six months ended June 30, 2026.June 30, 2026
• CPPA finalized regulations in September 2025 expanding CCPA obligations, including risk assessments, annual cybersecurity audits, and automated decision-making consumer rights, with compliance deadlines phased between January 2026 and April 2030.September 2025
• EU AIA entered into force August 2024, establishes risk-based framework for AI systems, with penalties up to €35 million or 7% of worldwide annual turnover.August 2024
• U.K. Data (Use and Access) Act 2025 conforms to EU GDPR, with European Commission adequacy decision renewed in December 2025 until December 2031.December 2025
• South Korea's PIPA amendments: expanded executive accountability and breach notification effective September 2026, mandatory certification effective July 2027, administrative fines up to 10% of total revenue adopted February 2026.September 2026
• South Korea's AI Basic Act effective January 2026, introduces heightened obligations on high-impact AI systems.January 2026
• We and certain of our officers and directors were sued in purported class action lawsuits and derivative lawsuits (see Note 7. Commitments and Contingencies).
• As of June 30, 2026, approximately 1.69 million options will expire through December 2026 if not exercised, and many holders are expected to exercise such options prior to expiration.December 2026
• We joined the S&P 500 index in September 2024.September 2024