Part
01
of one
Part
01
Revenue Breakdown: AI Companies
Key Takeaways
- Palantir's current revenue is reported as $1.5 billion.
- FireEye reported annual revenue of $540.9 million in 2020.
- Anduril is privately-held. Company source data regarding annual revenue is not publicly available. The company's annual revenue has been estimated at $230.9 million
Introduction
Revenue breakdowns for Palantir, BigBear AI, C3.AI, FireEye, Mandiant, Anduril, Shield AI, Primer AI, and Rebellion Defense are provided in the attached spreadsheet. Current revenue data, whether reported by the company or estimated externally was sourced for each of the companies. However, for some selected companies determining the years in which revenues of $50 million and $100 million were achieved proved difficult, particularly for companies that are currently, or were previously, privately held. In those instances the research team sought to provide either funding information or the earliest year for which revenue data is available. Finally, information on partnerships with defense prime companies and government business is provided as sourced directly from company websites or the aforementioned USASpending.gov.
Revenue Breakdown: AI Companies
Palantir
- Palantir's current revenue is reported as $1.5 billion.
BigBear AI
- BigBear AI reported annual revenue of $145.6 million in 2021.
C3.AI
- C3.AI reported annual revenue of $183.2 million in 2021.
FireEye (Trellix)
- FireEye reported annual revenue of $540.9 million in 2020.
Mandiant
- Mandiant reported annual revenue of $483 million in 2021. A YoY increase of 21%.
Anduril
- Anduril is privately-held. Company source data regarding annual revenue is not publicly available. The company's annual revenue has been estimated at $230.9 million
Shield AI
- Shield AI's annual revenue is estimated at $16.8 million.
Primer AI
- Primer AI's annual revenue has been estimated at $39.3 million.
Rebellion Defense
- Annual revenue for Rebellion Defense has been estimated at $33 million.
Research Strategy
For this research on revenue breakdowns for selected AI companies, we leveraged the most reputable sources of information that were available in the public domain, including from the SBIR Award database, to determine if a company was in receipt of an SBIR award, the USASpending.gov database, to determine the federal contracts held by the company, and financial and trading websites such as Yahoo Finance, Trading Economics, and NASDAQ for historical revenue data. Where a company is privately held, or where current and historical revenue data is unavailable, company databases such as ZoomInfo, Crunchbase, and Craft were consulted for data on estimated revenue as well as for funding rounds data for companies that are still considered start-ups. Programs of Record were determined based on this definition from a document produced by the Department of Defense. By Wonder's standards, data sources are not to exceed two years old. However, in some instances, slightly dated resources were used to add robustness and/or corroboration to the findings, considering the highly specific nature of the topic and the limited availability of more recent reputable sources.
Regarding data on 'OTR' or 'SBIR' contracts, the SBIR Award database and USASpending.gov was used to determine if such contracts existed. If no contracts were found N/A was entered into the cell. Finally, for defense prime and government business, the company websites were the primary source of information for sources used for these contracts, followed by searches in websites such as executive.gov or Defense News.