<div id="readability-page-1">Record quarter reported: Palantir's Q1 revenue soared 85% year-over-year to $1.63 billion, with U.S. commercial sales up 133% and operating margins reaching 60%. Stock still sliding: Shares are down over 23% in 2026, underperforming the S&amp;P 500 despite record results and raised guidance. Valuation fears linger: High P/E multiples, slowing international growth, and AI competition from Anthropic and OpenAI keep investors cautious.</div>

PLTR

PLTW

PLOO

PTIR

PLTG

PLTU

<p>Palantir's Q1 revenue surged 85% year-over-year to $1.63 billion, with U.S. commercial sales up 133% and operating margins at 60%. However, shares have fallen over 23% in 2026, underperforming the S&P 500. Concerns about high P/E ratios, slowing international growth, and competition from AI firms like Anthropic and OpenAI are causing investor caution.</p>

- Palantir reported a record Q1 revenue of $1.63 billion, an 85% increase year-over-year, with U.S. commercial sales rising by 133% and operating margins at 60%.  
- Despite these strong financial results and raised guidance, Palantir's shares have declined over 23% in 2026, underperforming the S&P 500.  
- Investor caution is fueled by concerns over high P/E multiples, slowing international growth, and competition from AI companies like Anthropic and OpenAI.

Palantir Tech

Roundhill PLTR WeeklyPay ETF

Leverage Shares 2x Cpd Acclrtd PLTRMnETF

GraniteShares 2x Long PLTR Daily ETF

Leverage Shares 2X Long PLTR Daily ETF

Direxion Daily PLTR Bull 2X Shares

S&P 500

OpenAI

Palantir stock slides despite record-breaking revenue growth