Aug 4 at 05:40 AM
$Palantir Tech(PLTR.US)Palantir reported results for 2026 with revenue of $1.94B and diluted EPS of $0.41, driven by robust commercial and government demand and higher customer penetration versus the prior-year quarter. Revenue growth was broad-based: Q2 revenue was $1.9B (+93% YoY) and H1 totaled $3.6B (+89%), supported by expanded customer adoption and upsells. Channel mix balanced between government (52% of H1 revenue) and commercial (48%), with U.S. customers representing about 80% of H1 revenue.
Platform momentum continued with rapid deployment of AIP to commercial and government customers, complementing Foundry, Gotham and Apollo offerings. Operational metrics showed high gross margins (85–86%) and a contribution margin near 74%, reflecting scalable delivery and cost control. Customer base expanded to 1,049 from 849 year over year, and average revenue from the top 20 customers rose 67% YoY, indicating deeper enterprise penetration. Citi raised their Target Proce for Palantir after a magnificent quarter, from 200 to 245, while maintaining their Buy rating. I will be looking to take partial profit because I believe the risk to reward ratio has hit my expected levels. @Captain's Treasure
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