---
title: "Palantir posts record profit in first Miami-era earnings"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287190715.md"
description: "Palantir reported a record Q1 2026 profit of $871 million, quadrupling year-over-year, with U.S. revenue up 104% and commercial sales up 133%. Despite this growth and raised guidance, shares fell over 20% in 2026 due to investor concerns over valuations and competition. This marks Palantir's first earnings report since relocating to South Florida, highlighting strong U.S. market momentum."
datetime: "2026-05-21T09:23:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287190715.md)
  - [en](https://longbridge.com/en/news/287190715.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287190715.md)
---

# Palantir posts record profit in first Miami-era earnings

Record-setting quarter: Palantir’s Q1 2026 profit hit $871 million, more than quadrupling year-over-year, with U.S. revenue up 104% and commercial sales surging 133%. Stock performance gap: Despite rapid growth and raised guidance, shares are down over 20% in 2026 as investors weigh lofty valuations and competitive risks. Miami move milestone: The results mark Palantir’s first earnings since moving its headquarters to South Florida, reflecting strong U.S. market momentum.

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