Palantir reports Q2 revenue of $1.94B (+93% Y/Y), raises FY guidance to $8.15B–$8.16B

Filed August 3, 2026 · Period ending August 3, 2026 · ~1 min read

Key Changes

• high

  Q2 revenue $1.935B, up 93% Y/Y and 19% Q/Q; U.S. commercial revenue $764M, up 149% Y/Y and 28% Q/Q, reflecting exceptionally strong AI platform demand.

  Exhibit 99.1 view on EDGAR →
• high

  Raised FY 2026 revenue guidance to $8.150–$8.158B (~82% Y/Y growth); U.S. commercial revenue guidance raised to at least $3.424B (at least 134% growth).

  Exhibit 99.1 view on EDGAR →
• high

  Q2 GAAP operating income $912M (47% margin), adjusted operating income $1.194B (62% margin); Rule of 40 score reached 155%, indicating exceptional combined growth and profitability.

  Exhibit 99.1 view on EDGAR →