Innodata: A Palantir in the Making?
Palantir’s Q2 fiscal 2025 report reads like a psalm of triumph: revenues surged 48%, U.S. commercial and government contracts blooming like spring crocuses after a long winter. The Rule of 40, that alchemist’s measure of growth and profit, now gleams at 94. A total contract value of $2.3 billion-enough to build cathedrals of code. Yet for all its grandeur, Palantir’s model is a fortress, its walls high and its gates few.