{
  "id": 98727,
  "title": "Palantir posts blowout Q2 numbers, with U.S. commercial revenue soaring nearly 150%",
  "url": "https://urgent.news/2026/08/03/palantir-posts-blowout-q2-numbers-with-u-s-commercial-revenue-soaring",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-03T20:15:21.000Z",
  "source": {
    "name": "CNBC",
    "slug": "cnbc-2",
    "url": "https://www.cnbc.com/2026/08/03/palantir-pltr-earnings-q2-2026.html?__source=newsletter%7Cbreakingnews&lctg=6a6e373d28d453f2930cb45b"
  },
  "original_language": "en",
  "account": "Palantir reported a remarkable surge in Q2 earnings on Monday, with commercial revenue soaring nearly 150% compared to the same period last year. The company's stock jumped 8% after the announcement. Revenue increased by 93% to about $1 billion compared to the previous year, while net income rose to $1.07 billion, or 41 cents per share, up from $329 million, or 13 cents per share in the prior quarter. CEO Alex Karp told CNBC that Palantir has never seen a business at its scale grow at this rate. U.S. government revenue grew by 90% to $809 million, while U.S. commercial revenue jumped 149% to $764 million, with compounding growth of 380% since 2024. Palantir anticipates U.S. commercial revenue exceeding $3.42 billion in 2026, surpassing previous guidance of $3.22 billion. The company's remaining U.S. commercial deal value doubled to $6.24 billion. Despite a 29% year-to-date decline in shares due to concerns over AI software growth, Palantir raised full-year revenue guidance to between $8.15 billion and $8.16 billion, up from $7.65 billion to $7.66 billion. CEO Karp remains optimistic, stating the strong growth is expected to continue for at least another 18 months. Karp has advocated for open-weight models and urged the government not to restrict them, emphasizing the importance of competition in the tech industry.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/98727.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Palantir reports Q2 revenue up 93% YoY to $1.94B, vs. $1.8B est., US commercial revenue up 149%, and raises FY 2026 revenue guidance; PLTR jumps 9%+ after hours (Samantha Subin/CNBC)",
        "url": "https://urgent.news/2026/08/03/palantir-reports-q2-revenue-up-93-yoy-to-1-94b-vs-1-8b-est-us",
        "published": "2026-08-03T20:35:01.000Z"
      },
      {
        "outlet": "SiliconANGLE",
        "title": "Palantir shares jump 12% as revenue nearly doubles and guidance climbs again",
        "url": "https://urgent.news/2026/08/03/palantir-shares-jump-12-as-revenue-nearly-doubles-and-guidance-climbs",
        "published": "2026-08-03T22:17:59.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}