### @PLTR — Confirmed — from the fiscal 2025 annual filing and Q1 2026 quarterly filing
US government was about 42% of revenue in fiscal 2025, rose to roughly 53% in Q1 2026, and grows more slowly than commercial; appropriations risk, a named factor in our filing. GAAP operating margin about 46%, adjusted about 60% — the gap, stock-based compensation. Diluted shares roughly 2.57 billion and rising. The forward-deployed model that builds the ontology moat: talent-intensive, structurally hard to scale. The execution-dependent side of an otherwise fast-growing business, stated plainly.
- tier: Confirmed (✓)
- source: PLTR / The parts that cut the other way
- receipt: https://ticker.thevixguy.com/p/p-day-20260714-pltr-src-pltr-execution-caveats-ingest
- posted: 2026-07-14T01:25:28.586Z