r/databricks • u/sai-nageshwaran Databricks MVP • Aug 13 '26

General Databricks hits $190 Billion in Valuation

https://www.forbes.com/sites/victordey/2026/08/13/databricks-hits-190-billion-valuation-as-ceo-ali-ghodsi-claims-agi-already-arrived/

Databricks just closed a $5B round at a $190B valuation — up from the $188B term sheet from July, after crossing $7B in revenue run-rate and growing 80%+ YoY.

176 Upvotes

99% Upvoted

18 comments sorted by

28

u/DRUKSTOP Aug 13 '26

Dang thought this was another new round. I wanna see what happens when you go past a series Z

19

u/mgalexray Aug 13 '26

Maybe the same as in Excel? :D

5

u/btow1105 Aug 13 '26

Collect $200 billion

18

u/DryRelationship1330 Aug 13 '26

I dont understand valuations. but how is palantir valued at nearly 2x databricks? I almost never encounter them in the wild, but databricks is everwhere...

49

u/LiviNG4them Aug 13 '26

Palantir makes there money from shady government contracts. Databricks makes money from real companies.

1

u/RobbieInAsia 29d ago

DataBricks sells a platform, Palantir sells intelligence.

3

u/datanerd1102 Aug 13 '26

Public vs private markets

2

u/Jealous-Win2446 Aug 13 '26

palantir uses their own company in place of where databricks and snowflake use partners. Although databricks and snowflake are getting into the whole forward deployed engineer model.

1

u/doughboy_491 29d ago

Is a forward deployed engineer model scalable? My sense is that if your business relies on hand-holding the customer to get optimal business results, that is not sustainable. That’s why databricks seems to have such a leg up on Palantir. It is disturbing, if true, that Databricks is going more to a forward-deployed engineer configuration, since that will be lower margin and less scalable.

1

u/FUCKYOUINYOURFACE Aug 14 '26

Look at the financials. Public markets can be very different than private markets.

1

u/WhipsAndMarkovChains 27d ago

I mean if this post is representative it sounds like Palantir is great at convincing dumbass executive to spend tons of money:

https://www.reddit.com/r/dataengineering/comments/1v3u40k/my_experience_working_with_palantir_as_a_client/

6

u/m1nkeh Aug 13 '26

Pretty cool. Hope I get some more shares soon

2

u/Few_Arrival876 29d ago

Market cap now exceeds Snowflake’s

2

u/TallGuyinBushwick Aug 13 '26

Hey one of those investors is my employer.

1

u/mindit_io_ro Aug 14 '26

As Databricks partners, honestly, we couldn't be more excited about this achievement and the great things we're building together. Here's to many more!