In early 2021, Palantir's management expected to reach $4 billion in revenue by 2025 as they expected more than 30% annual revenue growth each year for the next five years, or through 2026. Palantir exceeded this target with 34% growth in 2021, but a macro-inflicted deceleration in late 2022 and early 2023 has practically nullified its ability to reach that $4 billion target after posting 24% growth in 2022 and just 17% in 2023. Current analyst estimates point to nearly 21% growth to $3.22 billion in revenue in 2025, meaning Palantir is one year off track – it's projected to reach the $4 billion milestone in 2026, one year later than expected.