AlphAIAlphAI — Financial news for AI agents
seekingalpha.comNOV 21 min read$PLTR

Palantir Non-GAAP EPS of $0.44 beats by $0.03, revenue of $2.31B beats by $130M

Palantir (PLTR) reported Q3 Non-GAAP EPS of $0.44, beating estimates by $0.03. Revenue was $2.31B, up 95.8% Y/Y and $130M above expectations. U.S. commercial revenue surpassed government revenue for the first time, growing 119% Y/Y to $1.937B.

Original reporting
seekingalpha.com
Published Nov 2, 2026, 9:07 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 2, 2026, 9:10 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefEarnings
Primary signal
$PLTR
Bullish
high confidence
Mentioned
$PLTR
Relevance
8/10
AlphAI data visualization · based on seekingalpha.com
Decision brief

The 30-second read

$PLTRBullishHigh
01

Why it matters

The earnings beat could trigger short‑term buying pressure and may influence analyst revisions.

02

Market read

First‑report earnings beat for a mid‑cap AI firm; likely catalyst for short‑term price move.

03

What to watch

Potential volatility from future government contract renewals and macro‑economic headwinds.

Relevance 8/10Novelty 8/10Timing: after-hours

Background

Palantir's Q3 results were released via a press release on Nov 2 2026.

Company-level read

Ticker impact

$PLTRBullishHigh confidence
Context

Palantir reported Q3 non‑GAAP EPS $0.44 beating expectations by $0.03 and revenue $2.31B beating by $130M.

Expected impact

upward pressure as the market prices in the earnings beat and faster U.S. commercial revenue growth.

Evidence & confidence

Both EPS and revenue exceeded consensus; U.S. commercial revenue now exceeds government revenue, indicating a shift to higher‑margin business.

Market effects

Sector

AI and data‑analytics sector may see broader upside as Palantir's commercial growth signals demand.

Regional

U.S. market, particularly tech and software stocks.

Global

Global investors tracking AI‑related earnings may adjust exposure.

Counterpoint

What could challenge this read

The beat may already be priced in; any slowdown in government contracts could temper upside.

Key entities

  • company
    Palantir Technologies Inc.

    U.S. data‑analytics and AI software provider.

Read at source← All news

StoryPalantir posts 96% Q3 revenue jump, U.S. commercial beats government and lifts full‑year outlook

Also covered by

5 outlets

Related articles

NOV 2
$UPWKMed

Stocks making the biggest moves after hours: Fabrinet, Clorox, Apple, Palantir & more

Upwork shares rose 11% after raising full-year earnings guidance. Palantir's Q3 revenue nearly doubled, surpassing $2B. Lattice Semiconductor's stock jumped 7% on strong Q3 results and raised forecast. Clorox gained 2% with Q1 earnings beating estimates. On Semiconductor fell 2% after announcing a $600M acquisition and Q4 guidance. Apple's Q4 revenue rose 12% to $114.48B, but iPad sales declined. Fabrinet surged 12% on strong Q2 guidance.

cnbc.com2 min
NOV 2
$PLTRHighAI 8/10

Palantir Technologies (NASDAQ:PLTR) reports bullish Q3 2026, full-year sales guidance is optimistic

Palantir Technologies reported Q3 2026 revenue of $2.31 billion, beating estimates by 5.9%, and adjusted EPS of $0.44, surpassing expectations by 8.1%. The company's adjusted EBITDA was $1.43 billion, with a 62% margin. Palantir's Q4 2026 revenue guidance is $2.65 billion, above analyst estimates. Operating margin increased to 46.9% from 33.3% year-over-year, while free cash flow margin decreased to 52.6% from 63.1% quarter-over-quarter.

finance.yahoo.com2 min
NOV 2
$PLTRHighAI 9/10

Why is Palantir Technologies stock rising today?

Palantir Technologies (PLTR) stock rose 0.3% in after-hours trading after reporting Q3 revenue of $2.313B, up 96% YoY, and beating EPS estimates. The company raised its full-year 2026 revenue guidance to $8.530–$8.534B. Analysts increased price targets, but RBC maintained a Sell rating. The stock traded lower during regular hours amid a challenging tech market.

investing.com4 min
NOV 2
$PLTRHighAI 9/10

Palantir raises full-year outlook after third-quarter revenue jumps 96%

Palantir (PLTR) reported Q3 revenue of $2.31B, up 96% YoY, beating estimates. Adjusted EPS and operating income also exceeded expectations. US commercial and government revenues grew 148% and 96% YoY, respectively. The company raised its full-year 2026 revenue guidance to $8.53B-$8.534B, above consensus. Q4 revenue is forecasted at $2.649B-$2.653B, also above estimates.

finance.yahoo.com4 min