Overview

• Palantir’s stock has climbed roughly 1,740% over five years, recently setting new highs.
• Second‑quarter revenue reached $1 billion, up 48% year over year on accelerating generative‑AI adoption.
• U.S. commercial revenue grew 93% as more enterprises implemented the company’s data and AI tools.
• Net income rose 144% to $328.6 million, underscoring a shift to meaningful profitability.
• Valuation multiples are extreme—P/E near 623, forward P/E about 217, and price‑to‑sales around 136—leading some investors to stay cautious and flagging competitive threats such as Salesforce.