Palantir Raises Annual Forecast as Q2 Revenue Surges 93% FAST-MOVING

Palantir Q2 2026 results revenue growth annual forecast U.S. government contracts

Palantir Technologies reported second‑quarter 2026 revenue of $1.94 billion, a 93 % year‑over‑year increase that beat analyst expectations of $1.80 billion. Adjusted earnings per share were $0.41, surpassing the $0.35 consensus. U.S. commercial revenue jumped 149 % to $764 million, while U.S. government revenue rose 90 % to $809 million. The company closed 220 contracts worth at least $1 million, including 73 deals of $10 million or more, bringing total contract value to $3.37 billion, up 49 % YoY. Palantir lifted its full‑year 2026 revenue guidance to $8.15‑$8.158 billion from $7.65‑$7.662 billion and set third‑quarter guidance at $2.16‑$2.164 billion, above the $2 billion analyst average. Shares rose between 7 % and 12 % in after‑hours trading, with an 8 % gain in extended trading. The results underscore strong demand from U.S. government and commercial customers for Palantir’s AI‑driven data analytics platform.

Entities: Alex Karp · Anduril · Anduril Industries · Artificial Intelligence Platform (AIP) · Morningstar · Nvidia · Nvidia Corporation · Palantir Technologies · Palantir Technologies Inc. · U.S. commercial customers · U.S. government · United States

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 2 SOURCES] Palantir expects third‑quarter 2026 revenue of $2.16‑$2.164 billion, above analysts' $2.0 billion estimate. (Company guidance)
[○ 1 SOURCE] Palantir closed 220 deals of at least $1 million in Q2, including 73 deals of $10 million or more. (Company press release)
[● 3 SOURCES] Palantir raised its full‑year 2026 revenue forecast to $8.15‑$8.16 billion, up from $7.65‑$7.66 billion. (Company guidance announced in earnings release)
[● 2 SOURCES] U.S. revenue for Q2 2026 was $1.57 billion, up 115% year‑over‑year. (Company earnings release and Reuters coverage)
[● 13 SOURCES] Adjusted earnings per share for Q2 2026 were $0.41, beating the $0.35 consensus estimate. (Reuters earnings report)
[● 2 SOURCES] U.S. government revenue grew to $809 million, up 90% YoY. (Company earnings release)
[● 2 SOURCES] U.S. commercial revenue rose to $764 million, a 149% increase YoY. (Company earnings release)
[● 4 SOURCES] Palantir reported second‑quarter 2026 revenue of $1.94 billion, a 93% year‑over‑year increase. (Palantir Q2 earnings release and multiple Reuters articles)
[● 8 SOURCES] Palantir shares rose between 7 % and 12 % in after‑hours trading following the earnings release.
[● 2 SOURCES] Palantir closed 220 deals worth at least $1 million in Q2 2026.
[● 11 SOURCES] Q3 2026 revenue guidance was set between $2.16 billion and $2.164 billion, above the $2 billion analyst average.
[● 13 SOURCES] U.S. commercial revenue grew 149 % year‑over‑year to $764 million.