Palantir's first quarter 2026 revenue surged 85% to $1.633B, beating estimates and prompting a full-year guidance raise.

Palantir reported first quarter 2026 revenue of $1.633 billion, an increase of 85% year-over-year, beating analyst expectations. The company posted an adjusted EPS of $0.33, surpassing estimates of $0.28, and raised its revenue and profitability guidance for the full fiscal year.

Key Highlights

• Total revenue growth accelerated to 85% year-over-year, representing the company's highest-ever growth rate.
• U.S. commercial revenue surged 133% year-over-year to $595 million, while total U.S. revenue grew 104% to $1.282 billion.
• The company raised its full-year 2026 revenue guidance to a range of $7.650 billion to $7.662 billion, up from prior guidance of approximately $7.2 billion.