Palantir and Microsoft report strong Q2 earnings amid sector growth

Q2 earnings revenue growth PFAS cloud computing AI infrastructure

Several companies reported significant financial results for the second quarter. Arq reported revenue of approximately $30 million, a 5% increase from the previous year, while its adjusted EBITDA rose 59% to $5.8 million. The company is currently prioritizing powdered activated carbon (PAC) for PFAS applications over a more capital-intensive granular activated carbon buildout.

Palantir Technologies saw a 93% year-over-year revenue surge to $1.94 billion, driven by strong demand in the U.S. commercial and government sectors. The company closed $3.4 billion in total contract value and raised its full-year revenue guidance.

Microsoft reported an 18% year-over-year increase in sales and 23% growth in earnings. Its Intelligent Cloud division, which includes Azure, saw revenue reach $39.3 billion, representing a 32% year-over-year growth rate.

Entities

ARQ · Microsoft · Palantir Technologies

Sources

Arq (ARQ) Q2 2026 Earnings Call: Margin Gains Look Real, but the PFAS Pivot Still Carries Execution Risk - Alphastreet [news.alphastreet.com]

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