Palantir's second quarter revenue grew 93% to $1.94B, beating estimates on soaring U.S. commercial growth.

Palantir reported second quarter revenue of $1.94 billion, up 93% year-over-year, and adjusted EPS of $0.41, beating analyst expectations. The company raised its full-year 2026 revenue and U.S. commercial revenue guidance, citing strong demand for its AI platforms.

Key Highlights

• U.S. commercial revenue accelerated to 149% year-over-year growth, reaching $764 million.
• Total second quarter revenue grew 93% year-over-year to $1.935 billion, driven by 115% growth in the U.S.
• Full-year 2026 revenue guidance was raised to between $8.150 and $8.158 billion, representing at least 82% growth.