Palantir Posts 70% Q4 Revenue Surge, Guides $7.19B FY2026

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Palantir Technologies reported Q4 revenue of $1.41 billion, up 70% year-over-year, with adjusted EPS of $0.25, driven by explosive U.S. commercial and government contract spending. It forecast FY2026 revenue of $7.182–7.198 billion and Q1 sales of $1.53–1.536 billion, including at least 115% U.S. commercial revenue growth.

1. Q4 Earnings Beat

Palantir reported Q4 revenue of $1.41 billion, up 70% year-over-year, and adjusted EPS of $0.25, driving net income growth of nearly 700% on strong operational leverage.

2. FY2026 Guidance

The company issued FY2026 revenue guidance of $7.182–7.198 billion and forecasted Q1 2026 sales of $1.53–1.536 billion, including an expected 115% increase in U.S. commercial revenue.

3. Growth Drivers and Operational Leverage

Explosive U.S. commercial demand and indispensable defense contracts fueled performance, with net dollar retention at 139% and multi-year backlog growing triple digits, supporting record billings and accelerating deal volume.

Sources

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