Palantir posts 96% Q3 revenue jump, U.S. commercial beats government and lifts full‑year outlook
Palantir Technologies reported third‑quarter 2026 revenue of $2.31 billion, up 96% year‑over‑year, with U.S. commercial revenue of $984 million surpassing U.S. government revenue of $953 million for the first time. GAAP operating income reached $1.09 billion and adjusted free cash flow was $1.22 billion. The company raised its full‑year 2026 revenue guidance to $8.53‑$8.534 billion and forecast Q4 revenue of $2.649‑$2.653 billion.
Why it matters
The raised full‑year revenue guidance signals stronger future cash generation, which may support a higher valuation for PLTR (the company expects FY 2026 revenue of $8.53‑$8.534 billion). The profitability metrics and cash position improve the company’s financial flexibility.
Key facts
- 1Q3 2026 revenue was $2.31 billion, a 96% year‑over‑year increase. fxleaders.com
- 2U.S. commercial revenue was $984 million, up 148% year‑over‑year. fxleaders.com
- 3U.S. government revenue was $953 million, up 96% year‑over‑year. fxleaders.com
- 4GAAP operating income for the quarter was $1.09 billion, a 47% margin. fxleaders.com
- 5Adjusted free cash flow was $1.22 billion. fxleaders.com
- 6Cash, cash equivalents and U.S. Treasury securities totaled $10.4 billion at quarter end. fxleaders.com
Summary written by AlphAI AI Desk from 20 of 29 sources. Not investment advice. Figures are as stated by the linked sources.