| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 1.6K | 84.7% |
| Total Income | 1.6K | 84.7% |
| Expenditure | 878.59 | 24.1% |
| PBT | 888.60 | 297.9% |
| Net Profit | 870.53 | 306.7% |
| OPM | 46.18% | 26.27pp |
| NPM | 53.32% | 29.11pp |
| EPS | 0.36 | 300.0% |
Palantir Reports Q1 2026: U.S. Revenue Growth of 104% Y/Y
05 May 2026 · 5 May, 1:43 am
Summary
Palantir Technologies Inc. reported strong financial results for Q1 2026, with revenue growing 85% year-over-year to $1.633 billion. U.S. revenue showed significant growth, increasing by 104% compared to the previous year. The company's GAAP income from operations reached $754 million, representing a 46% margin. Palantir is raising its full-year revenue guidance to 71% growth, driven by confidence in the accelerating U.S. market.
Key Highlights
- 1
Palantir's U.S. revenue increased by 104% year-over-year in Q1 2026.
- 2
Total revenue grew by 85% year-over-year to $1.633 billion in Q1 2026.
- 3
U.S. commercial revenue grew 133% year-over-year to $595 million.
- 4
The company closed 206 deals of at least $1 million during the quarter.
- 5
Total contract value closed was $2.41 billion, representing a 61% year-over-year increase.
- 6
GAAP income from operations was $754 million, resulting in a 46% margin.
- 7
The company is raising its full year 2026 revenue guidance to 71% year-over-year growth.
Management Comments
Alex Karp
Palantir's Rule of 40 score has soared to 145%. We have shattered the metric, a feat matched only by other fellow AI infrastructure companies: NVIDIA, Micron and SK hynix. Momentum surged as we grew 85% last quarter—our highest-ever year-over-year growth rate—by more than doubling our U.S. business, and now we are raising our full-year revenue guidance to 71% growth, 10 points ahead of our guidance from last quarter, driven by our confidence in an accelerating U.S. market.
Informational and educational content only. Not investment advice.