Palantir Q4 Revenue Hits $1.41 Billion, Up 70%

Palantir Technologies reported robust fourth-quarter earnings on February 2, 2026, with revenue reaching $1.41 billion, a 70 percent increase from the previous year, driven by surging demand for its AI-powered data analytics platforms. The software company, known for serving government and commercial clients, also beat analyst expectations with adjusted earnings per share of $0.25, surpassing the forecasted $0.23.

The results highlighted Palantir's accelerating shift toward commercial markets. U.S. commercial revenue jumped 137 percent to $507 million, nearly matching the $570 million from U.S. government contracts. Overall U.S. revenue rose 93 percent to $1.1 billion. Net income under generally accepted accounting principles stood at $609 million, representing about 43 percent of quarterly revenue. For the full year 2025, federal contracts nearly doubled to $970.5 million. Looking ahead, Palantir guided for 2026 revenue of approximately $7.19 billion at the midpoint, implying 61 percent growth, with U.S. commercial revenue projected to exceed $3.14 billion and free cash flow around $4 billion.

Despite the strong fundamentals, Palantir's stock has faced headwinds. Shares opened...