Palantir Posts 70% Q4 Revenue Surge, Raises FY2026 Guidance to $7.18B
Palantir Technologies delivered Q4 revenue of $1.41 billion, a 70% year-over-year increase that topped estimates by 5.7% alongside adjusted EPS of $0.25 versus $0.18 expected. U.S. commercial revenue surged 137% to $507 million and free cash flow rose 73% to $791.4 million, with FY2026 revenue guidance set at $7.182–7.198 billion.
1. Q4 Results Overview
Palantir delivered Q4 revenue of $1.41 billion, marking a 70% increase over the prior year and beating estimates by 5.74%. Adjusted EPS of $0.25 surpassed the $0.18 consensus, underscoring robust profitability trends.
2. Commercial Growth and Cash Flow
U.S. commercial revenue climbed 137% to $507 million as AI bootcamps and enterprise deployments expanded, while free cash flow reached $791.4 million, up 73.1%, reflecting strong operating leverage.
3. FY2026 Guidance and Stock Performance
The company forecasted FY2026 revenue of $7.182 to $7.198 billion and maintained a Rule of 40 score of 127%. Shares have gained 84.23% over the past year but have retraced 16.47% from their year-to-date high.