Palantir Posts 'Otherworldly' Q2 Double Beat, Raises Guidance Across All Key Metrics
Palantir Technologies Inc (NASDAQ: PLTR ) reported financial results for the second quarter of 2026 after the closing bell on Monday. Here’s a look at the key details from the print. Palantir Technologies shares are trending higher. Why are PLTR shares climbing? Palantir Q2 Key Metrics Palantir reported second-quarter revenue of $1.94 billion, beating analyst estimates of $1.80 billion. The AI software company reported adjusted earnings of 41 cents per share for the quarter, beating estimates of 35 cents per share, according to Pro. Total revenue was up 93% year-over-year in the quarter as U.S. revenue grew 115% year-over-year to $1.57 billion. U.S. Commercial revenue increased 149% year-over-year to $764 million and U.S. Government revenue jumped 90% year-over-year to $809 million. Palantir noted that its Rule of 40 score is now at 155%. “Demand for AI sovereignty has now...
Palantir Technologies Inc (NASDAQ: PLTR ) reported financial results for the second quarter of 2026 after the closing bell on Monday. Here’s a look at the key details from the print. Palantir Technologies shares are trending higher. Why are PLTR shares climbing?
80 billion. The AI software company reported adjusted earnings of 41 cents per share for the quarter, beating estimates of 35 cents per share, according to Pro. S. 57 billion.
S. S. Government revenue jumped 90% year-over-year to $809 million. Palantir noted that its Rule of 40 score is now at 155%.
“Demand for AI sovereignty has now been unleashed. And Palantir is the only company that has demonstrated it can transform tokens into actual economic value,” said Alex Karp, co-founder and CEO of Palantir. S. commercial revenue grew 149% year-over-year, our overall revenue grew 93% year-over-year, and our Rule of 40 score climbed to 155%.
” Palantir said it closed 220 deals worth over $1 million during the quarter, 98 deals worth at least $5 million and 73 deals worth at least $10 million. 22 billion in adjusted free cash flow in the quarter. S. Treasury securities.
997 billion. 69 billion. S. 4 billion.
“Every organization in the world is awakening to the risks of handing the creators of the language models the keys to their institutions, of letting the models loose within their homes. The demand from our partners is clear,” Karp said in a letter to shareholders. m. ET.
32 at the time of publication, according to Pro. com