SNP Schneider-Neureither & Partner SE

The U.S. Small Business Administration is expanding its use of Palantir Technologies' software for a nationwide fraud detection push across pandemic-era relief programs, while new commercial alliances with Rackspace, SNP SE, and GNP Seguros extend Palantir's AI platforms into regulated and SAP-centric environments. The SBA expansion reinforces Palantir's government pillar, though concentrated U.S. government exposure remains a risk. Rackspace has built out roughly 400 Palantir certifications and is focusing on healthcare, finance, energy, and sovereign workloads, aiming to convert fraud detection and defense wins into broader commercial revenue. Palantir's narrative projects $10.8 billion revenue and $3.6 billion earnings by 2028, requiring 40.7% yearly revenue growth and a $2.5 billion earnings increase from $1.1 billion today. Some analysts assume revenue could lift about 45 percent annually and earnings toward $4.9 billion by 2028, a more optimistic scenario that may shift once expanded SBA contracts are fully reflected.

Palantir Technologies announced a series of partnerships in July 2026. On July 9, Rackspace and Palantir unveiled an operating model framework combining Palantir Foundry and AIP with Rackspace's governed private cloud and managed operations for regulated and sovereign enterprises. Rackspace has scaled to approximately 400 Palantir certifications and committed to deploying Foundry and AIP across more than 70% of its own back-office operations. On July 8, SNP SE and Palantir announced a strategic partnership, with the first joint solution, Test Data Proposal, expanding SNP's Kyano platform. On July 7, Palantir announced an enterprise expansion agreement with GNP Seguros, its first publicly announced commercial customer in Latin America, which uses Palantir's platforms for claims fraud detection, risk monitoring, and underwriting improvement.