MockingbirdNews Logo

Mockingbird News

REAL NEWS NEVER FELT FUNNIER

Categories

Palantir Grows $1.1B Profit With Sales Team Smaller Than Startup’s Lunch Table

KEY POINTS

  • Palantir posted a record $1.1 billion profit last quarter with $1.9 billion revenue worldwide.
  • CEO Alex Karp claimed their US commercial sales team is 'minuscule and shrinking,' with only 70 salespeople and 7 active sellers.
  • Despite shrinking sales staff, Palantir hired nearly 500 employees in 2025, growing headcount to 4,429 full-time workers.

In an earnings call that sounds like a startup horror story told by a James Bond villain, Palantir CEO Alex Karp boasted about smashing records with a 'miniscule and shrinking' sales team of just 70 folks—only seven actually sell—while reeling in a jaw-dropping $1.1 billion profit last quarter. That’s more profit than their total revenue a year ago, with US commercial revenue skyrocketing 149% to $764 million. Meanwhile, Palantir still hired nearly 500 new employees, confusing everyone about who’s shrinking and who’s growing. Karp dismisses traditional wisdom, saying conventional sales armies need 7,000 people to match his team’s magic touch—tiny teams are apparently the future, but don’t fire anyone or you’re on Bernie Sanders’ manifesto hotline.

Share the Story

(1 of 3)

Source: Businessinsider | Published: 8/4/2026 | Author: Georgia Hennessy

Read the original article →