Palantir Just Crushed Wall Street by $125 Million: How Will Stock React?

NewsMon, 03 Aug 2026 20:14:46 UTC2 hours ago

Palantir Technologies (PLTR) beat Wall Street on every headline figure in the second quarter and lifted its full-year outlook. Shares climbed more than 7% in after-hours trading on Monday.

The data analytics firm reported $1.94 billion in revenue, up 93% from a year earlier. Adjusted earnings reached 41 cents per share, above the roughly 35 cents analysts had modeled.

Palantir Stock (PLTR) Performance. Source: Yahoo Finance

Palantir Earnings Beat Every Major Estimate

Revenue landed well above the $1.81 billion consensus and the company's own guidance of about $1.80 billion. Growth also accelerated from the 85% pace set in the first quarter.

Palantir reports Q2 '26 U.S. comm revenue growth of 149% Y/Y and revenue growth of 93% Y/Y; raises FY '26 revenue guidance to 82% Y/Y growth and U.S. comm revenue guidance to 134% Y/Y, crushing consensus expectations.

Q2 U.S. revenue grew 115% y/y and adjusted operating margin… pic.twitter.com/8Md19TjxPY
- Palantir (@PalantirTech) August 3, 2026

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Palantir Just Crushed Wall Street by $125 Million: How Will Stock React?

Palantir Earnings Beat Every Major Estimate

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