Palantir Technologies is aiming for its 12th consecutive quarter of revenue acceleration, with U.S. growth serving as a key factor in its performance.
In the first quarter, revenue rose 85% year over year to $1.63 billion, representing a 16% increase from the fourth quarter. CEO Alex Karp described this first-quarter revenue growth rate as the company's highest overall revenue growth rate as a public company.
133% year-over-year growth
U.S. commercial revenue growth
U.S. commercial revenue grew 133% year over year to $595 million, with U.S. commercial customers signing nearly $1.2 billion in new total contract value during the first quarter. Overall U.S. revenue grew 104%, now accounting for 79% of Palantir's total revenue.
For the first quarter, net income reached $871 million, representing a 53% margin. The company reported an adjusted gross margin of 88% and a non-GAAP operating margin of 60%.
Full-year 2026 guidance
Management raised its full-year outlook for 2026, projecting revenue of approximately $7.65 billion, a 71% growth rate. The company also guided for U.S. commercial revenue to grow more than 120%, exceeding $3.2 billion in 2026.
The full-year adjusted operating income target was raised to approximately $4.4 billion, while the full-year adjusted free cash flow target was raised to a range between $4.2 billion and $4.4 billion. Second-quarter revenue guidance is set at approximately $1.8 billion.
Over the past 12 months, Palantir Technologies earned $2.28 billion in net income on $5.2 billion of revenue. During this period, net income nearly quadrupled compared to the prior-year period.
Palantir's stock previously traded at more than 130 times expected earnings at a high of $207.52. The stock fell to approximately $124, leaving the forward price-to-earnings ratio at about 80.
Updates
Wall Street analysts expect Palantir's June quarter sales to rise 81% compared to the same period in 2025, with projected earnings per share reaching $0.35, marking a 119% increase from last year. Additionally, approximately two dozen analysts anticipate $1.81 billion in sales for the quarter. Meanwhile, the company's price-to-sales (P/S) ratio has decreased to 61 from a level of more than 100 at the start of 2026.
Wall Street analysts project Palantir's June-quarter sales to reach $1.81 billion, marking an 81% increase compared to the same quarter in 2025, while earnings per share are expected to rise 119% year-over-year to $0.35. Additionally, the company's price-to-sales (P/S) ratio has decreased to 61 from a level of over 100 at the start of 2026.
Wall Street analysts anticipate Palantir's June-quarter sales to reach $1.81 billion, representing an 81% increase from the comparable quarter in 2025. Additionally, earnings per share are projected to be $0.35, marking a 119% rise compared to last year.
Wall Street analysts project Palantir's June-quarter sales to reach $1.81 billion, marking an 81% increase over the same period in 2025, with earnings per share expected to rise 119% to $0.35. Additionally, the company's price-to-sales (P/S) ratio has declined to 61 from the level of over 100 recorded at the start of 2026.
Wall Street analysts anticipate Palantir's June-quarter sales will reach $1.81 billion, representing an 81% increase compared to the same quarter in 2025. Additionally, earnings per share for the period are projected to be $0.35, a 119% rise from the previous year.
Wall Street analysts anticipate Palantir's June-quarter sales will rise 81% compared to the same period in 2025, with earnings per share expected to reach $0.35, marking a 119% year-over-year increase. Additionally, the company's price-to-sales (P/S) ratio has decreased to 61 from a level of more than 100 at the start of 2026. While analysts project approximately $1.81 billion in sales for the quarter, Sean Williams has predicted that the stock will plunge on August 4.
Wall Street analysts are projecting $1.81 billion in sales for Palantir's June quarter, representing an 81% increase compared to the same period in 2025. Additionally, earnings per share are anticipated to reach $0.35, marking a 119% year-over-year rise. Despite these projections, the company's price-to-sales (P/S) ratio has decreased to 61 from a level of more than 100 at the start of 2026.
Wall Street analysts anticipate Palantir's June-quarter sales will reach $1.81 billion, marking an 81% increase from the same period in 2025. Additionally, earnings per share are projected to be $0.35, representing a 119% growth compared to last year. While the company's price-to-sales (P/S) ratio was over 100 at the start of 2026, it has since adjusted to a current level of 61.
Wall Street analysts anticipate Palantir's June-quarter sales will reach $1.81 billion, representing an 81% increase from the same period in 2025, with earnings per share expected to hit $0.35. Additionally, analysts project full-year 2026 earnings per share to reach $1.17, marking an 85.7% increase. Regarding market performance, the company's current price-to-sales ratio stands at 61, down from over 100 at the start of 2026.
Wall Street analysts anticipate Palantir's June-quarter sales will reach $1.81 billion, representing an 81% increase from the same quarter in 2025, with expected earnings per share of $0.35. Additionally, analysts project full-year 2026 earnings per share to reach $1.17, marking an 85.7% increase. Oppenheimer has reiterated an 'Outperform' rating for the company with a $200 price objective, while the consensus analyst rating remains a 'Moderate Buy.'
Analysts anticipate Palantir's June quarter sales to reach $1.81 billion, representing an 81% increase from the same quarter in 2025, with earnings per share expected to be $0.35. Furthermore, full-year 2026 earnings per share are projected by analysts to reach $1.17, a marked 85.7% increase. The company's current price-to-sales ratio has shifted to 61, down from over 100 at the start of 2026.
Wall Street analysts expect Palantir's June-quarter sales to reach $1.81 billion, representing an 81% increase from the same period in 2025, with earnings per share projected at $0.35. Additionally, Oppenheimer has reiterated an 'Outperform' rating for the company with a $200 price target. Analysts also anticipate full-year 2026 earnings per share to reach $1.17, marking an 85.7% increase.
Wall Street analysts anticipate Palantir's June quarter sales to reach $1.81 billion, representing an 81% increase from the same quarter in 2025, with earnings per share expected at $0.35. Additionally, analysts project full-year 2026 earnings per share to reach $1.17, marking an 85.7% increase. Regarding market position, Oppenheimer has reiterated an 'Outperform' rating with a $200 price objective, while the analyst consensus stands at a 'Moderate Buy' based on 20 'Strong Buy' ratings.
Wall Street analysts anticipate Palantir's June quarter sales will reach $1.81 billion, representing an 81% increase compared to the same quarter in 2025. Expected earnings per share for the period are $0.35, a 119% jump from last year, while the consensus mean price target for the stock stands at $192.56.
Wall Street analysts anticipate Palantir's June-quarter sales will rise 81% from the comparable quarter in 2025 to reach $1.81 billion, with earnings per share expected to hit $0.35, a 119% year-over-year increase. Additionally, analysts project full-year 2026 earnings per share of $1.17, representing an 85.7% jump. While the company's price-to-sales ratio has cooled to 61 from over 100 at the start of 2026, the mean analyst price target currently stands at $192.56.
Wall Street analysts expect Palantir to report $1.81 billion in sales for the June quarter, representing an 81% increase compared to the same period in 2025, while forecasting earnings per share of $0.35. Additionally, analysts project full-year 2026 earnings per share to reach $1.17, marking an 85.7% increase. Despite these growth projections, the company's current price-to-sales ratio stands at 61, down from a level exceeding 100 at the start of 2026.
Wall Street analysts anticipate Palantir's June-quarter sales to reach $1.81 billion, representing an 81% increase from the same quarter in 2025, with earnings per share expected to hit $0.35. Additionally, analysts project full-year 2026 earnings per share to reach $1.17, a 85.7% increase. While the current price-to-sales ratio stands at 61, the company's stock has seen a decline of more than 22% over the past 52 weeks and is down 30% year-to-date.
Wall Street analysts are projecting Palantir's June quarter sales to reach $1.81 billion, representing an 81% increase compared to the same period in 2025. Earnings per share are expected to hit $0.35, marking a 119% year-over-year rise. Additionally, the company's current price-to-sales ratio stands at 61, down from a level exceeding 100 at the start of 2026.
Wall Street analysts are forecasting Palantir's June quarter sales to reach $1.81 billion, representing an 81% increase from the same period in 2025, while earnings per share are expected to rise 119% year-over-year to $0.35. Additionally, analysts project full-year 2026 earnings per share to hit $1.17. While the company's current price-to-sales ratio stands at 61, Oppenheimer has reiterated an 'Outperform' rating with a $200 price target, and the consensus analyst rating remains a 'Moderate Buy.'
Wall Street analysts anticipate Palantir's June quarter sales will reach $1.81 billion, representing an 81% increase from the same quarter in 2025, while earnings per share are expected to rise 119% year-over-year to $0.35. Additionally, analysts project full-year 2026 earnings per share to hit $1.17, marking an 85.7% increase. Oppenheimer has reiterated its 'Outperform' rating with a $200 price target, contributing to a mean price target of $192.56 for the stock.
Wall Street analysts are projecting Palantir's June-quarter sales to reach $1.81 billion, representing an 81% increase compared to the same quarter in 2025. Furthermore, earnings per share for the period are expected to hit $0.35, a 119% year-over-year rise, while full-year 2026 EPS is forecasted by analysts to reach $1.17.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and adjusted earnings per share of 41 cents, beating the 35 cents predicted by analysts. The company's U.S. commercial revenue for the quarter reached $764 million, a 149% increase from a year ago, while U.S. government revenue grew 90% year over year to $809 million. Additionally, net income for the second quarter was reported at $1.07 billion.
Palantir reported second-quarter revenue of $1.94 billion, beating the $1.80 billion estimate, and adjusted earnings per share of 41 cents, surpassing the analysts' expected 35 cents. The company's U.S. commercial revenue for the quarter reached $764 million, a 149% increase from the previous year, while U.S. government revenue grew 90% year over year to $809 million. Additionally, Palantir raised its annual forecast for U.S. commercial revenue to more than $3.42 billion.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved an adjusted earnings per share of 41 cents, beating the projected 35 cents. The company's revenue grew 93% year-over-year, driven by $764 million in U.S. commercial revenue—a 149% increase from last year—and $809 million in U.S. government revenue, which rose 90% annually. Following these results, the stock surged 8%.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved adjusted earnings per share of 41 cents, beating the 35 cents projected by analysts. The company's U.S. commercial revenue for the quarter reached $764 million, marking a 149% increase from a year ago, while U.S. government revenue grew 90% year-over-year to $809 million. Following the report, Palantir's stock surged 8%.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved a 93% year-over-year increase. The company also reported second-quarter adjusted earnings per share of 41 cents, surpassing analyst expectations of 35 cents, driven by net income of $1.07 billion. Additionally, U.S. commercial revenue for the quarter reached $764 million, marking a 149% increase from a year ago.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved a 93% year-over-year revenue increase. The company's adjusted earnings per share reached 41 cents, beating analyst expectations of 35 cents, while net income for the period stood at $1.07 billion. Following these results, Palantir's stock surged 8%.
Palantir reported second-quarter revenue of $1.94 billion, surpassing the $1.80 billion estimate, with a 93% year-over-year increase. The company's adjusted earnings per share reached 41 cents, beating the 35 cents expected by analysts, while net income for the quarter stood at $1.07 billion. Additionally, Palantir's U.S. commercial revenue rose 149% from a year ago to $764 million, and its U.S. government revenue grew 90% to $809 million.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved a net income of $1.07 billion with adjusted earnings per share of 41 cents, surpassing the 35 cents predicted by analysts. The company's revenue climbed 93% year-over-year, while U.S. commercial revenue for the quarter reached $764 million, marking a 149% increase from the previous year. Following the earnings report, Palantir's stock surged 8%.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and adjusted earnings per share of 41 cents, which beat analyst expectations of 35 cents. The company's revenue climbed 93% year-over-year, with U.S. commercial revenue reaching $764 million—a 149% increase from a year ago—and U.S. government revenue growing 90% to $809 million. Following the earnings report, the stock surged 8%.
Palantir reported second-quarter revenue of $1.94 billion, surpassing the $1.80 billion estimate, with adjusted earnings per share of 41 cents beating the anticipated 35 cents. The company's revenue grew 93% compared to the same period last year, driven by a 90% year-over-year increase in U.S. government revenue to $809 million and a 149% surge in U.S. commercial revenue to $764 million. Following the report, Palantir's stock surged 8%.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved a 93% year-over-year revenue increase. The company's adjusted earnings per share reached 41 cents, beating the 35 cents projected by analysts, while net income for the quarter stood at $1.07 billion. Additionally, U.S. commercial revenue grew 149% from a year ago to $764 million, and U.S. government revenue rose 90% to $809 million.
Palantir reported second-quarter revenue of $1.94 billion, surpassing the $1.80 billion estimate, and delivered adjusted earnings per share of 41 cents, beating the projected 35 cents. The company's net income for the quarter reached $1.07 billion, up from approximately $329 million in the year-ago period. Following the report, Palantir's stock surged by 8%.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, while net income reached $1.07 billion with an adjusted earnings per share of 41 cents, surpassing the 35 cents predicted by analysts. The company's U.S. commercial revenue for the quarter hit $764 million, marking a 149% increase from the previous year, and U.S. government revenue grew 90% year-over-year to $809 million. Following the report, the company's stock surged 8%.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved a net income of $1.07 billion, which represents 41 cents per share compared to 13 cents per share in the previous year. The company's adjusted earnings per share of 41 cents beat the 35 cents expected by analysts, while revenue saw a 93% increase compared to the same period last year. Additionally, U.S. commercial revenue for the quarter reached $764 million, marking a 149% increase from a year ago.
Palantir reported second-quarter revenue of $1.935 billion, surpassing the $1.80 billion estimate, and adjusted earnings per share of $0.41, beating the $0.35 analyst expectation. The company also raised its annual forecast for U.S. commercial revenue to over $3.42 billion and increased its 2026 adjusted operating income guidance to a range between $4.889 billion and $4.897 billion.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved a net income of $1.07 billion, or 41 cents per share. The company's U.S. commercial revenue for the quarter reached $764 million, representing a 149% increase year-over-year, while U.S. government revenue rose 90% to $809 million. Additionally, Palantir raised its annual forecast for U.S. commercial revenue to more than $3.42 billion and updated its 2026 adjusted operating income guidance to a range between $4.889 billion and $4.897 billion.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, with net income reaching $1.07 billion ($0.41 per share) compared to $329 million ($0.13 per share) a year ago. The company raised its 2026 adjusted operating income forecast to a range between $4.889 billion and $4.897 billion and increased its annual forecast for U.S. commercial revenue to more than $3.42 billion. Additionally, U.S. government revenue for the quarter grew 90% year-over-year to $809 million, while U.S. commercial revenue surged 149% to $764 million.
Palantir reported second-quarter revenue of $1.935 billion, exceeding the $1.80 billion estimate and representing a 93% increase compared to the previous year. The company's net income for the quarter reached $1.07 billion, or 41 cents per share, surpassing the analyst consensus of $0.28 per share. Additionally, Palantir raised its 2026 adjusted operating income forecast to a range between $4.889 billion and $4.897 billion and set its full-year 2026 free cash flow forecast between $4.5 billion and $4.7 billion.
Palantir has raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion, significantly higher than the prior estimate of $3.224 billion. The third-quarter 2026 revenue outlook was also set between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir raised its full-year 2026 revenue guidance to a range between $8.150 billion and $8.158 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion, climbing from its prior projection of $3.224 billion. The second-quarter results also showed revenue of $1.94 billion, surpassing the $1.80 billion estimate, while adjusted earnings per share reached $0.41, beating the $0.35 analyst expectation.
Palantir reported second-quarter revenue of $1.94 billion, exceeding the $1.80 billion estimate, and achieved an adjusted earnings per share of $0.41, surpassing the projected $0.35. The company also raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous $7.65 billion to $7.66 billion, and increased its U.S. commercial revenue forecast to more than $3.424 billion. Additionally, the third-quarter revenue forecast was set between $2.160 billion and $2.164 billion, which sits above the analyst average estimate of $2 billion.
Palantir raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.42 billion, exceeding the prior estimate of $3.224 billion. For the third quarter of 2026, Palantir provided a revenue outlook of $2.160 billion to $2.164 billion, which sits above the analyst average estimate of $2 billion.
Palantir reported second-quarter revenue of $1.94 billion, surpassing the $1.80 billion estimate, and achieved an adjusted earnings per share of $0.41, beating the $0.35 analyst expectation. The company raised its full-year 2026 revenue guidance to a range of $8.15 billion to $8.158 billion from its previous range of $7.65 billion to $7.66 billion, while also lifting its annual U.S. commercial revenue forecast to over $3.424 billion from $3.224 billion. Additionally, the third-quarter revenue forecast was set between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir has raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion, compared to the prior estimate of $3.224 billion. The firm also provided a third-quarter revenue outlook between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir has raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion, surpassing the prior estimate of $3.224 billion. The firm also provided a third-quarter 2026 revenue outlook of between $2.160 billion and $2.164 billion.
Palantir raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to over $3.424 billion, exceeding the prior estimate of $3.224 billion. The firm also provided a third-quarter revenue forecast of between $2.160 billion and $2.164 billion, surpassing the analyst average of $2 billion.
Palantir has raised its full-year 2026 revenue guidance to a range of $8.15 billion to $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion, surpassing the prior projection of $3.224 billion. Third-quarter 2026 revenue is also expected to fall between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir has raised its full-year 2026 revenue guidance to a range of $8.15 billion to $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. The company also increased its annual U.S. commercial revenue forecast to more than $3.424 billion, rising from $3.224 billion. Additionally, the third-quarter 2026 revenue outlook is projected to be between $2.160 billion and $2.164 billion.
Palantir raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. The company also increased its annual U.S. commercial revenue forecast to more than $3.42 billion, up from the prior $3.224 billion, while setting third-quarter revenue expectations between $2.160 billion and $2.164 billion.
Palantir has raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion, compared to the previous estimate of $3.224 billion. Second-quarter results also showed a revenue of $1.94 billion, exceeding the $1.80 billion estimate, with adjusted earnings per share of $0.41 beating the $0.35 expectation.
Palantir has raised its full-year 2026 revenue guidance to a range of $8.15 billion to $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion, and increased its annual U.S. commercial revenue forecast to over $3.42 billion. The company also provided a third-quarter revenue outlook between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion. Additionally, Palantir raised its 2026 adjusted operating income forecast to a range of $4.889 billion to $4.897 billion and set its full-year free cash flow forecast between $4.5 billion and $4.7 billion.
Palantir has raised its full-year 2026 revenue guidance to a range of $8.15 billion to $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its 2026 U.S. commercial revenue forecast to over $3.42 billion, surpassing the prior estimate of $3.224 billion. The second-quarter results also showed a significant leap in performance, with revenue reaching $1.94 billion and adjusted earnings per share hitting 41 cents, both exceeding analyst expectations.
Palantir updated its full-year 2026 revenue guidance to a range between $8.15 billion and $8.158 billion, up from the previous estimates of $7.65 billion to $7.662 billion. The company also raised its 2026 U.S. commercial revenue forecast to over $3.424 billion, increasing from its prior estimate of $3.224 billion. Additionally, the adjusted operating income forecast for 2026 was raised to a range of $4.889 billion to $4.897 billion, while the full-year free cash flow is expected to be between $4.5 billion and $4.7 billion.
Palantir has raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its 2026 U.S. commercial revenue forecast to more than $3.424 billion from an earlier projection of $3.224 billion. For the third quarter of 2026, the company expects revenue to fall between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir has raised its full-year 2026 revenue guidance to a range of $8.15 billion to $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to over $3.424 billion from the prior estimate of $3.224 billion, while projecting third-quarter revenue to fall between $2.160 billion and $2.164 billion.
Palantir has raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous range of $7.65 billion to $7.66 billion. Additionally, the company increased its 2026 U.S. commercial revenue forecast to more than $3.424 billion from an earlier estimate of $3.224 billion. To support this growth, Palantir also provided a third-quarter 2026 revenue forecast of between $2.160 billion and $2.164 billion, which exceeds the analyst average estimate of $2 billion.
Palantir has raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous estimate of $7.65 billion to $7.66 billion. Additionally, the company increased its 2026 U.S. commercial revenue forecast to more than $3.424 billion from a prior guidance of $3.224 billion. Third-quarter revenue is projected to be between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from its previous range of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion from an initial estimate of $3.224 billion. Third-quarter revenue is also projected to be between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir raised its full-year 2026 revenue guidance to a range between $8.15 billion and $8.16 billion, up from the previous projection of $7.65 billion to $7.66 billion. Additionally, the company increased its annual U.S. commercial revenue forecast to more than $3.424 billion, compared to its earlier estimate of $3.224 billion. The third-quarter revenue forecast was also set between $2.160 billion and $2.164 billion, exceeding the analyst average estimate of $2 billion.
Palantir reported second-quarter revenue of $1.94 billion and adjusted earnings per share of $0.41, both exceeding analyst estimates of $1.80 billion and $0.35, respectively; U.S. government revenue surged 90% year-over-year to $809 million, while U.S. commercial revenue jumped 149% to $764 million, driving a raise in full-year 2026 revenue guidance from $7.66 billion to $8.16 billion and U.S. commercial revenue forecast from $3.224 billion to $3.424 billion, with adjusted free cash flow reaching $1.22 billion and stock rising 8% post-earnings.
Palantir reported second-quarter revenue of $1.94 billion, up 93% year-over-year, and adjusted earnings per share of $0.41, surpassing the $0.35 analyst estimate, while U.S. government revenue surged 90% to $809 million and U.S. commercial revenue jumped 149% to $764 million — both significantly exceeding prior guidance and driving a raise in full-year 2026 revenue forecast to $8.15–$8.16 billion from $7.65–$7.66 billion, alongside a $3.424 billion U.S. commercial revenue target up from $3.224 billion.
Palantir reported second-quarter revenue of $1.94 billion and adjusted earnings per share of $0.41, both surpassing analyst estimates of $1.80 billion and $0.35, respectively; U.S. government revenue surged 90% year-over-year to $809 million, while U.S. commercial revenue jumped 149% to $764 million, driving a full-year 2026 revenue guidance increase from $7.65–7.66 billion to $8.15–8.16 billion and U.S. commercial revenue forecast to over $3.424 billion from $3.224 billion, with adjusted free cash flow reaching $1.22 billion and stock surging 8% post-earnings.
