Palantir Posts $1.935 Billion Q2 Revenue, Shares Jump 29.5% on Raised 2026 Outlook
Updated
Updated · Yahoo Finance · Aug 7
Palantir Posts $1.935 Billion Q2 Revenue, Shares Jump 29.5% on Raised 2026 Outlook
3 articles · Updated · Yahoo Finance · Aug 7
Summary
$1.935 billion in Q2 revenue and $1.06 billion in GAAP net income marked Palantir’s strongest quarter yet, with adjusted EPS of $0.41 topping the $0.35 consensus.
93% year-over-year growth was powered by both core segments: U.S. commercial revenue rose 149% to $764 million and U.S. government revenue climbed 90% to $809 million.
220 deals worth more than $1 million and $2.13 billion in U.S. commercial bookings helped Palantir lift full-year revenue guidance to about $8.15 billion from roughly $7.65 billion.
Shares climbed from a $125.65 regular-session close to $162.66 the next day, as investors treated the results as evidence that AI may be strengthening top software players rather than displacing them.