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Palantir Reports 93 Percent Q2 Revenue Surge to $1.94 Billion
Just the facts
Palantir Technologies announced that its second-quarter revenue rose 93 percent year-over-year to $1.94 billion, exceeding financial analyst projections of $1.8 billion. The company reported that revenue from United States government contracts grew 90 percent year-over-year to $809 million, while U.S. commercial revenue increased by 149 percent. Following the earnings report, Palantir raised its full-year 2026 revenue forecast to between $8.150 billion and $8.158 billion, up from a previous guidance range of $7.65 billion to $7.66 billion. Chief Executive Officer Alex Karp projected third-quarter revenue to reach between $2.160 billion and $2.164 billion.
Why this is news
On August 3, 2026, data analytics firm Palantir Technologies released its second-quarter financial results, reporting revenue figures that surpassed Wall Street expectations and raising its full-year outlook.
Sources
This summary is compiled strictly from the original reporting below.