Overview

• Palantir reported $1.00 billion in second-quarter revenue, a 48% year-over-year increase that exceeded analyst estimates.
• Net income rose to $326.7 million, more than double the level from the same quarter last year.
• U.S. government revenue grew 53% year-over-year and included a new $100 million Army Next-Generation Command and Control prototype deal.
• Commercial segment revenue in the United States surged 93% year-over-year, reflecting expanded private-sector adoption.
• Executive leadership raised full-year revenue guidance to $4.14–4.15 billion as the stock closed at its highest level on record.