If You Invested $10,000 in Palantir During Its IPO, Here's How Much You'd Have Now

Can Palantir stock keep on winning?Palantir Technologies (PLTR +1.71%) has impressed investors with its incredible growth in a short period of time. Though this company has been around for more than 20 years, during this artificial intelligence (AI) boom, its revenue growth and stock performance have looked more like those of an exciting tech start-up. Revenue has soared in the double-digits quarter after quarter, and the stock price has skyrocketed. The cause for such momentum? Palantir offers its customers an easy way to apply AI to their needs and generate big results. So, we know that an investment in Palantir since its initial public offering has probably been successful -- but exactly how much would you have made if you'd invested $10,000 in Palantir at that time? Let's find out. Image source: Getty Images. Palantir's 2020 IPO It's important to note that Palantir didn't go public long ago. The company remained private for most of its history and only launched an IPO back in 2020. So, investors who have grown wealth through a Palantir investment have done so just in recent years. Now, let's look at the figures. If you'd invested $10,000 in this technology company during its IPO, today, you would have more than $142,820. Since Palantir stock has pared some gains, this is down from a peak of more than $180,000 just a few months ago. Now, the key question to ask is: Will the stock climb higher and add to your gains? It's impossible to predict near-term stock movements with 100% accuracy, of course. But if we look to the long term, we have a better chance of understanding a particular stock's potential. ExpandNASDAQ: PLTRPalantir TechnologiesToday's Change(1.71%) $2.21Current Price$131.34Key Data PointsMarket Cap$313BDay's Range$126.23 - $133.5452wk Range$66.12 - $207.52Volume2.2MAvg Vol45MGross Margin82.37% A portfolio of government contracts Palantir, over its long history, has built up a solid portfolio of government work -- it relied on government contracts in its early days. This is far from over, and in fact, government revenue continues to grow in the double digits. In addition to this, today, commercial customers are also rushing to Palantir. The company's software helps customers harness the power of their data and use it to take important actions -- such as organizing workflows or revamping a strategy. The possibilities may be endless. And Palantir's 2023 launch of its Artificial Intelligence Platform (AIP), which adds AI to the picture, supercharged its technology and its earnings growth. In fact, the release of AIP coincides with the gains the company is seeing in its commercial business. U.S. commercial customers are increasing rapidly in number, but the good news is, there's still plenty of room for additional growth here. All of this suggests that, with the government and commercial businesses going strong, Palantir may have plenty of bright days ahead. And over time, that could translate into more gains for shareholders.Read NextFeb 14, 2026 •By Geoffrey SeilerThis Growth Stock Continues to Crush the MarketFeb 14, 2026 •By Adria CiminoPalantir: Stock to Avoid or Once-in-a-Decade Buying Opportunity?Feb 13, 2026 •By Keithen DruryIs Palantir Stock Overvalued?Feb 12, 2026 •By Daniel SparksDown 27% in 2026, Is Palantir Stock a Buy?Feb 12, 2026 •By Eric TrieStock Market Today, Feb. 12: Palantir Faces Valuation Scrutiny Despite 70% Revenue GrowthFeb 12, 2026 •By Danny Vena, CPAWhy Palantir Technologies Stock Crashed on ThursdayAbout the AuthorAdria Cimino is a contributing Motley Fool stock market analyst covering healthcare, technology, and consumer goods sectors. Prior to The Motley Fool, Adria covered the European stock market and U.S. stocks pre-market trading for Bloomberg News, Bloomberg TV, and Bloomberg Radio for more than a decade. Earlier in her career, she wrote about biotech, medtech, and technology companies in Boston for Mass High Tech, an American City Business Journals publication. She holds a bachelor’s degree in mass communications from the University of South Florida.TMFAdriaCiminoX@adria_in_parisStocks MentionedPalantir TechnologiesNASDAQ: PLTR$131.34 (+1.71%) $+2.21*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.