PLTR · Full Picture

Palantir Technologies Inc. — the full picture

Earnings window · 2026-07-14 to 2026-09-24 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

  1. Guidance and Outlook · Guidance & outlookPriority 88
    +120.3% revenue; 2 sources (news, press_release); 10 forward row(s); quote_verified
    Palantir said U.S. commercial revenue guidance for FY2026 is expected to grow at least 134% year-over-year to $3.42 billion.
  2. Commercial Customer Expansion · Capacity & footprint expansionPriority 84
    +23.6% revenue (realized); 2 sources (news, press_release); 1 forward row(s); quote_verified
    Closed U.S. commercial TCV in Q2 2026: $2.132 billion, up 153% year-over-year.
  3. Revenue Performance and Mix · Revenue growth & mixPriority 84
    +111.5% revenue (realized); 2 sources (news, press_release); 1 forward row(s); quote_verified
    Full year 2026 U.S. commercial revenue guidance raised to in excess of $3.424 billion, representing a growth rate of at least 134%.
  4. Contract Bookings Growth · Demand, orders & backlogPriority 78
    +33.3% revenue; 2 sources (news, press_release); 2 forward row(s); quote_verified
    U.S. commercial total contract value for Palantir Technologies Inc. was a record $2.132 billion, up 153% year-over-year.
  5. FAA Contract Loss · UnclassifiedPriority 74
    -6.8% revenue; 1 forward row(s); quote_verified
    Palantir Lost an $875 Million Contract.
  6. Margin Expansion · Gross marginPriority 73
    +54.9% net_income (realized); 2 sources (news, press_release); quote_verified
    GAAP net income margins rose from under 10% to 55% over three quarters.
  7. Partner Ecosystem Expansion · Partnerships & JVsPriority 60
    3 forward row(s); quote_verified
    Palantir and Fujitsu renewed their strategic partnership and Fujitsu signed a new agreement with Palantir Technologies Japan KK for Palantir AIP and Palantir Foundry.
  8. Balance Sheet and Liquidity · Liquidity & cash positionPriority 59
    +163.2% assets (realized); quote_verified
    Cash, cash equivalents, and short-term U.S. Treasury securities as of Q2 2026: $9.2 billion.
  9. Defense Contract Awards · UnclassifiedPriority 57
    +3.3% revenue; 2 forward row(s); quote_verified
    Palantir received a $127M U.S. Army TITAN production award.
  10. Free Cash Flow and Liquidity · UnclassifiedPriority 55
    1 forward row(s); quote_verified
    CEO Alexander Karp plans to sell 402,348 shares of restricted common stock, valued at over $70 million, through Morgan Stanley Smith Barney LLC on August 20, 2026.
  11. Free Cash Flow and Liquidity · Cash flow generationPriority 54
    2 sources (news, press_release); quote_verified
    Full year 2026 adjusted free cash flow guidance raised to between $4.5 billion and $4.7 billion.
  12. Customer Contract Risk · UnclassifiedPriority 53
    -2.7% revenue; 1 forward row(s); quote_verified
    The MMSD contract at issue is a 10-year, $700 million contract for which Jacobs pledged to terminate its partnership with Palantir, and the final selection by the MMSD Commission is expected in September.

Threads by pillar

Revenue & Demand Priority 88 · 7 threads

Costs & Margins Priority 76 · 3 threads

Capital & Balance Sheet Priority 65 · 3 threads

Strategy & Portfolio Priority 87 · 9 threads

Legal, Regulatory & Policy Priority 40 · 3 threads

Guidance & Outlook Priority 88 · 1 thread

Macro & Market Conditions Priority 33 · 3 threads

Unclassified Priority 85 · 5 threads

Expected impact by metric

metricforward netforward grossrealized
revenue+147.4%+166.4%+330.1%
liability——-15.4%
cash——+5.2%
net_income——+54.9%
assets——+163.2%