Palantir Technologies Inc. earnings overview

PLTR FY2026 Q1 · Calendar Q2 2026

Palantir Technologies Inc.

Palantir delivered accelerating growth in FY2026 Q1, with revenue up 85% year-over-year to $1.63 billion, topping consensus estimates of $1.54 billion by 5.9%. EPS of $0.33 exceeded the $0.28 consensus by 19%. The AIP platform is now the central growth engine, winning contracts across defense (USDA, Maven, Navy Ship OS) and commercial (GE Aerospace, Motor, Freedom Mortgage). Despite the beat, shares fell 7.7% on an abnormal basis in the next session, partially recovering with 4.6% subsequent drift. The stock trades at $131.53 versus a consensus analyst target of $185.36, suggesting meaningful upside remains priced in by the Street even after the post-earnings pullback.