Palantir shares surged 29.45% to $162.66 as of the morning of August 5 (Korea time), after the company disclosed in an SEC 8-K filing that second-quarter revenue rose 93% year-over-year to $1.94 billion.
📊 Price at time of writing (August 5, 2026, 07:10 KST)
$162.66 ▲ +29.45%
Q2 Earnings at a Glance
Palantir's second-quarter 2026 (April–June) revenue and profit both came in well above market expectations. U.S. commercial revenue surged 149%, driving overall growth, while U.S. government revenue also rose steadily. The company called the quarter 'otherworldly.'
- Revenue: $1.94 billion, up 93% year-over-year
- Earnings per share (EPS): $0.41 (GAAP and adjusted basis identical); foreign media noted it beat estimates
- Operating income: $912 million, 47% operating margin
- Net income: $1.06 billion, 55% net margin
- Cash and short-term U.S. Treasuries on hand: $9.2 billion
Next-Quarter Outlook
Palantir said it expects third-quarter 2026 revenue of $2.16 billion to $2.164 billion. The company also raised its full-year revenue guidance to $8.15 billion–$8.158 billion. Full-year U.S. commercial revenue guidance was raised to at least $3.424 billion, implying growth of at least 134% year-over-year. CEO Alex Karp said, 'This was an otherworldly quarter — U.S. commercial revenue grew 149% year-over-year, total revenue grew 93%, and our Rule of 40 score, the sum of revenue growth and profit margin used to gauge whether a company is high-quality when it tops 40, climbed to 155%.'
Market Reaction
Following the earnings release, Palantir shares surged nearly 30% in a single day, marking their biggest one-day gain in a year, Forbes reported. The Wall Street Journal and the Guardian both quoted CEO Karp's description of the results as 'otherworldly.' Reuters attributed the raised full-year guidance to steady demand for AI-driven data analytics. Morningstar noted, 'Investors needed to see spectacular growth to be satisfied, and this quarter delivered exactly that.'
Revenue by Segment
- Total U.S. revenue: $1.573 billion, up 115% year-over-year
- U.S. commercial revenue: $764 million, up 149% year-over-year
- U.S. government revenue: $809 million, up 90% year-over-year
This article was automatically generated from the original SEC 8-K filing and foreign media reports, aiming to deliver key data promptly after the announcement. Readers are advised to review the company's official filing before making trading decisions. Prices reflect the time this article was written and may differ from current levels.
