Palantir soars after blowout Q2, lifts full-year guidance
TL;DR
Palantir beat Q2 estimates with revenue of $1.94B and adjusted EPS of $0.41, prompting a roughly 16% premarket jump as it raised 2026 revenue guidance to $8.16B. US commercial revenue surged 149% YoY and total revenue rose 93% YoY; government revenue increased 90% YoY. The company closed 220 deals worth $1M+ (98 at $5M+, 73 at $10M+), and adjusted free cash flow reached $1.22B. Palantir also noted Maven’s Pentagon program of record and argued its platform delivers measurable ROI amid the AI shift.
- Palantir stock jumps after 'otherworldly' quarter as US commercial business booms Yahoo Finance
- Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand CNBC
- Palantir Shares Jump on ‘Otherworldly’ Sales, Improved Forecast wsj.com
- Palantir CEO Alex Karp celebrates 93% revenue growth as stock jumps after blockbuster earnings Fortune
- Palantir Lifts Outlook After ‘Otherworldly’ Commercial Sales Bloomberg.com
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