PLTR · News · 20260805N
Revenue Performance and Mix
Palantir Technologies Inc. · 2026-08-05 · Importance 75 · Surprise 64
Palantir reported Q2 2026 revenue of $1.935 billion, up 93% year over year and 19% sequentially, reflecting accelerating demand for its artificial-intelligence software. U.S. commercial revenue increased 149% year over year, while U.S. government revenue rose 90%. Net dollar retention reached 157%, indicating significant expansion among existing customers. The company closed 220 contracts worth at least $1 million during the quarter, and third-party reports characterized demand for Palantir’s AI Platform as broadening across commercial and government users.
Key facts
- U.S. government revenue grew 90% year-over-year in Q2 2026. source