Palantir’s November 2, 2026 results report 212 deals of at least $1 million, 107 of at least $5 million and 64 of at least $10 million during Q3. These are cumulative thresholds. Adding all three figures would count some of the same deals more than once.
Palantir’s November 2 company-issued results via Business Wire
Read the thresholds as nested groups
The company’s investor presentation makes the relationship explicit on PDF page 23: it gives the 212-deal total, then describes the larger thresholds as subsets. A deal worth at least $10 million also meets the $5 million and $1 million thresholds. The three labels are not three separate baskets.
Palantir Q3 2026 Business Update, PDF page 23
The sum 212 + 107 + 64 equals 383 threshold memberships, not 383 distinct deals. The disclosed count for deals worth at least $1 million remains 212. It does not establish the number of deals below that threshold.
Convert the counts into non-overlapping bands
- At least $1 million but less than $5 million: 212 − 107 = 105 deals.
- At least $5 million but less than $10 million: 107 − 64 = 43 deals.
- At least $10 million: 64 deals.
- Reconciliation: 105 + 43 + 64 = 212 deals.
These bands are arithmetic derived from the disclosed cumulative counts, not additional company disclosures. They classify deals by size without assigning an exact value to any individual deal. The top band has no stated upper bound.
Try a fictional worksheet
Imagine a fictional supplier with four deals valued at $2 million, $6 million, $12 million and $15 million. Its cumulative counts would be four at or above $1 million, three at or above $5 million and two at or above $10 million. Adding those counts gives nine memberships even though there are only four deals.
In a spreadsheet for that invented example, give every deal one row and three separate yes-or-no threshold columns. A large deal can receive three yes entries. To create a distinct-deal total, count rows; to create a threshold total, count yes entries in the relevant column. The choice depends on the question being answered.
Keep the business interpretation separate
Before comparing another quarter or company, check the period, currency, threshold wording and definition of a deal. Do not assume that a customer count and a deal count measure the same thing. Keep the source and date beside each copied figure.
A count by deal size alone cannot determine exact aggregate deal value, revenue recognized in a quarter or cash collected. Those questions require their own disclosures. This guide checks the counting logic; it does not assess Palantir’s valuation, forecast its share price or independently verify its customer contracts.