Palantir Sees Q4 Commercial Revenues Jump 137% and 2026 Forecast Hits $7.19B
Palantir reported Q4 2025 U.S. commercial revenues of $507 million, up 137% year-over-year and 28% sequentially, while government segment revenues reached $570 million, up 66% and 17%. It forecasts full-year 2026 revenues of $7.182–$7.198 billion, more than double 2025’s $3.320 billion, with a 36.3% net margin.
1. Q4 2025 Financial Results
Palantir’s AI-driven platform generated U.S. commercial revenues of $507 million in Q4 2025, marking a 137% year-over-year increase and 28% sequential gain. The government segment posted $570 million in revenue, up 66% year-over-year and 17% sequentially, driven by defense contracts and expanded civilian deployments.
2. 2026 Revenue Forecast and Deal Pipeline
Management expects full-year 2026 revenues of $7.182–$7.198 billion, more than doubling the $3.320 billion achieved in 2025. The remaining deal value from U.S. commercial clients stood at $4.38 billion in Q4, up 145% year-over-year and 21% sequentially, underpinning the growth outlook.
3. Profitability and Market Sentiment
The company delivered a GAAP net profit margin of 36.3% and a Rule of 40 score of 127%, underscoring its scalable business model. Analyst estimates point to an average short-term price target implying roughly 41% upside, with the highest target suggesting an 82% gain, reflecting robust investor confidence.