8/103 sources · 3 publishersUpdated Nov 7, 14:29 UTC
Palantir posts record Q3 revenue and raises full‑year outlook amid slowing contract bookings
Palantir Technologies reported third‑quarter revenue of roughly $2.3 billion, a 96% year‑over‑year increase, and adjusted earnings of $0.44 per share. The company lifted its 2026 revenue guidance to about $8.53 billion and forecast fourth‑quarter revenue of $2.65 billion. However, total contract value grew only 6% YoY, and U.S. commercial contract growth slowed sharply, raising concerns about future pipeline strength.
Why it matters
The company’s raised guidance suggests higher top‑line expectations for the year. The slowdown in new contract bookings could limit future revenue growth if the pipeline does not replenish.
Key facts
- 1Adjusted earnings per share were $0.44 for the quarter. finance.yahoo.com
- 2Full‑year 2026 revenue guidance was set at $8.530‑$8.534 billion. beinsure.com
- 3Total contract value for Q3 was $2.918 billion, up 6% YoY. beinsure.com
- 4U.S. commercial revenue was $984 million, up 148% YoY. beinsure.com
- 5Adjusted operating income was $1.427 billion, representing a 62% margin. beinsure.com
- 6Remaining performance obligations at quarter‑end were $4.9 billion, unchanged sequentially. beinsure.com
Open questions
- Full‑year revenue guidance is given as $8.53 billion and $8.530‑$8.534 billion.
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.