Palantir is trading 10.15% up at $138.40 after reporting strong Q2 2026 earnings and raising its full-year revenue outlook.

  • The company reported Q2 revenue of $1.94 billion and adjusted EPS of $0.41, with U.S. commercial revenue surging 149%.
  • Management raised full-year 2026 revenue guidance, citing accelerating AI-driven commercial growth as the primary catalyst.
  • The stock experienced a sharp gap higher in after-hours trading as investors reacted to the significant beat in commercial sector performance.