PLTR · Full Picture

Palantir Technologies Inc. — the full picture

Earnings window · 2026-07-14 to 2026-08-09 · 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 70
    3 forward row(s); quote_verified
    Company raised full-year 2026 revenue guidance to $8.15–$8.158 billion (management raised 2026 revenue outlook by approximately $500 million, per Seeking Alpha).
  2. Revenue Performance and Mix · Revenue growth & mixPriority 57
    quote_verified
    Q2 2026 revenue: $1.935 billion, up 93% year-over-year and 19% sequentially.
  3. Free Cash Flow and Liquidity · UnclassifiedPriority 56
    1 forward row(s); quote_verified
    Adjusted free cash flow guidance for FY 2026: $4.5 billion to $4.7 billion.
  4. Contract Bookings Growth · Demand, orders & backlogPriority 55
    1 forward row(s); quote_verified
    U.S. commercial TCV bookings surged 153% to $2.132 billion.
  5. Commercial Customer Expansion · Capacity & footprint expansionPriority 52
    quote_verified
    Commercial revenue in Q2 2026 soared 149% year-over-year.
  6. Margin Expansion · Gross marginPriority 47
    quote_verified
    Reported adjusted EPS of $0.41 compared with $0.16 a year earlier (adjusted EPS 41 cents, sharply higher than 16 cents a year earlier).
  7. AI Infrastructure Partnership · Partnerships & JVsPriority 36
    quote_verified
    Cipher Mining secured an option on a new 900 MW site near San Antonio, Texas, and completed a bond offering to fully fund its Stingray data center development.
  8. Defense Manufacturing Partnership · Partnerships & JVsPriority 36
    1 forward row(s); quote_verified
    Mercury Systems partnered with Palantir to automate factory operations and streamline material planning for U.S. military programs.
  9. AI Adoption Recognition · UnclassifiedPriority 34
    quote_verified
    Palantir shares rallied 29% following a strong quarterly performance, prompting Ark Invest to sell approximately $6.4 million worth of Palantir shares.
  10. Gross Margin Drivers · Gross marginPriority 34
    quote_verified
    Palantir absorbed government cloud hosting costs, reducing adjusted gross margin to 86%.
  11. AI Platform Positioning · UnclassifiedPriority 30
    quote_verified
    Seeking Alpha described PLTR's Q2'26 results as showcasing a 'Rule of 155%' (revenue growth + adjusted operating margin).
  12. Sovereign AI Demand · Demand, orders & backlogPriority 29
    quote_verified
    Palantir described demand drivers as 'sovereign AI' and management said sovereign AI strategy spotlighted expanding demand and customer control.

Threads by pillar

Revenue & Demand Priority 60 · 3 threads

Costs & Margins Priority 50 · 2 threads

Strategy & Portfolio Priority 55 · 3 threads

Legal, Regulatory & Policy Priority 27 · 1 thread

Guidance & Outlook Priority 70 · 1 thread

Macro & Market Conditions Priority 25 · 1 thread

Unclassified Priority 60 · 3 threads