Palantir posts record Q3 revenue, beats estimates and lifts full‑year guidance
Palantir Technologies reported third‑quarter 2026 revenue of $2.31 billion, up 96% year over year, and earnings per share of $0.44, surpassing Wall Street forecasts. The company raised its full‑year revenue outlook to $8.53 billion and disclosed GAAP operating income of $1.09 billion, a 47% margin. The results came after a new federal software partnership and continued strong U.S. commercial demand.
Why it matters
The earnings beat and higher guidance suggest continued top‑line momentum, which may support the stock despite a high valuation (P/E near 147). The raised full‑year revenue target signals more growth for investors tracking Palantir’s AI and government contracts.
Key facts
- 1Q3 2026 revenue was $2.31 billion, up 96% YoY. fxleaders.com
- 2Q3 earnings per share were $0.44. finance.yahoo.com
- 3Full‑year 2026 revenue guidance was increased to $8.53 billion. 247wallst.com
- 4GAAP operating income for Q3 was $1.09 billion, a 47% margin. fxleaders.com
Summary written by AlphAI AI Desk from 19 of 19 sources. Not investment advice. Figures are as stated by the linked sources.