Data analytics giant Palantir delivered Q2 2026 earnings that significantly beat Wall Street expectations, sending shares surging over 12% after hours. US commercial revenue jumped nearly 150% year-over-year, signaling accelerating enterprise AI adoption.
Palantir reports Q1 2026 earnings with 85% year-over-year revenue growth, the fastest expansion since its 2020 market debut. U.S. government business surges while commercial sales underperform. Executives criticize ‘AI slop’ during earnings call.
Palantir’s Q1 earnings beat expectations with 85% year-over-year revenue growth, the fastest expansion since its 2020 market debut, fueled by government and enterprise AI demand.
Data analytics firm Palantir is reportedly assisting the IRS in large-scale data mining to investigate financial crimes, with contracts worth approximately $130 million since 2018.