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Palantir (PLTR) earnings Q3 2026
CNBC • • business
Key Points:
- Palantir exceeded Wall Street's Q3 estimates with adjusted earnings per share of 44 cents versus 41 cents expected and revenue of $2.31 billion, surpassing the forecasted $2.18 billion.
- The company's revenue nearly doubled year-over-year, hitting over $2 billion for the first time, with net income more than doubling to $1.13 billion.
- For the first time, U.S. commercial revenue ($984 million) outpaced U.S. government revenue ($953 million), reflecting a 148% increase in commercial sales.
- Palantir raised its full-year U.S. commercial revenue guidance to over $3.56 billion and projects $8.53 billion in total revenue for 2026.
- CEO Alex Karp emphasized the company's unique AI-driven growth without salespeople, supported calls for nationalizing AI labs to manage liability, and highlighted the urgent political and societal implications of AI technology.
