Palantir Technologies Inc. delivered a standout Q2, with 93% revenue growth and a 62% adjusted operating margin, reinforcing its momentum. PLTR's customer base and average contract value are rising, with net dollar retention reaching 157% and major deals exceeding $10 million. Valuation remains rich, but robust financials and operational execution may justify the premium if growth and margins persist.
The headline numbers for Palantir Technologies (PLTR) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Palantir Technologies Inc. (PLTR) came out with quarterly earnings of $0.41 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.16 per share a year ago.
Palantir Technologies Inc. delivered a fifth consecutive double beat, with Q2 revenues up 94% and EPS 17% above consensus. PLTR's US revenue surged 115% year-over-year, driven by both government and commercial segments, with commercial growth nearing 150%. Operating margin expanded to 62%, up 1,600 bps YoY, underpinned by strong operating leverage.
Palantir Technologies NASDAQ: PLTR reported second-quarter 2026 revenue growth of 93% year over year to $1.935 billion, driven by accelerating demand in its U.S. commercial and government businesses. The company also raised its full-year revenue, operating-income and free-cash-flow outlooks.
Could Palantir's strong results be enough to drive a rebound for the software maker's stock?
Palantir (PLTR) shares are charging higher in extended trading on Monday as the AI-enabled data analytics giant's Q2 earnings shattered Wall Street's expectations. Palantir's revenue soared 93% year-on-year to $1.935 billion in the second quarter, handily beating consensus set at $1.81 billion only.
The technology company said it now expects between $8.15 billion and $8.16 billion in full-year revenue, including U.S. commercial revenue growing at least 134% to $3.42 billion.
Palantir posted second-quarter earnings after the bell that beat on the top and bottom line. Revenue surged 93% year-over-year and the U.S. commercial segment boomed 149%.
Palantir is set to release its latest quarterly results after the closing bell today. Could the report help improve sentiment around the software maker's shares?
Palantir (NASDAQ:PLTR | PLTR Price Prediction) has been the AI trade's mascot and lightning rod.
Palantir (NASDAQ: PLTR | PLTR Price Prediction) and Snowflake (NYSE: SNOW) both posted quarters that reinforce their claim on the enterprise AI stack.