Palantir's U.S. commercial revenue growth has topped government for the first time. The mix shift is the signal: commercial demand is broadening, which is what supports the premium multiple. Watch com

What happened: Palantir reported that U.S. commercial revenue growth topped government revenue for the first time. Key numbers: Commercial revenue jumped 148% to $984 million, surpassing government revenue of $953 million. Why it matters: The shift marks commercial business overtaking government as the larger revenue source, a change in the company's revenue mix. Coverage: 3 outlets in 24h

Palantir reported that U.S. commercial revenue growth topped government revenue for the first time.

The shift marks commercial business overtaking government as the larger revenue source, a change in the company's revenue mix.