Palantir Shares Rise on Record Q4 as AI Deals Fuel Bookings Surge

Investors cheered a bookings spike alongside strong margins, signaling accelerating demand for the company’s AIP platform.

Overview

Fourth-quarter revenue reached $1.4 billion, up 70% year over year, with adjusted EPS of $0.25 beating expectations.
Bookings totaled $4.26 billion in Q4, a 138% jump driven by large multi-year contracts for Palantir’s AIP.
Operating margin was about 57% and free-cash-flow margins improved, underscoring stronger profitability.
U.S. commercial revenue rose 137% to $507 million, while U.S. government revenue grew 66% to $570 million.
Guidance projects $1.532 to $1.536 billion in Q1 revenue and roughly $7.2 billion for the full year, as shares gained about 7% and analysts issued upgrades.