PLTR · News · 20261102N

Revenue Performance and Mix

Palantir Technologies Inc. · 2026-11-02 · Importance 81 · Surprise 82 · No source text

Palantir reported third-quarter 2026 revenue of $2.313 billion, up 96% year over year and 20% sequentially, and above the $2.17 billion analyst estimate. U.S. commercial revenue was $984 million, up 148% year over year and 29% sequentially, while U.S. government revenue was $953 million. U.S. commercial revenue surpassed U.S. government revenue for the first time, and aggregate U.S. revenue increased 119% year over year. Revenue exceeded $2 billion for the first time, and the company described its 96% year-over-year increase as its highest-ever reported growth rate.

Key facts

• Palantir reported Q3 2026 revenue of $2.313 billion, up 96% from the previous year; Wall Street had expected $2.17 billion. source
• Palantir's Q3 2026 revenue grew 96% year over year to $2.3 billion, compared with 63% growth and $1.2 billion in revenue a year earlier. source
• Palantir's Q3 2026 sequential revenue growth was 20%, its highest ever, and quarterly revenue exceeded $2 billion for the first time. source
• Palantir's Q3 2026 revenue was $2.31 billion, up 95.9% year over year. source
• Palantir's Q3 2026 U.S. commercial revenue was $984 million, compared with analyst estimates of $937 million. source
• Palantir's Q3 2026 U.S. government revenue was $953 million, above analyst estimates. source
• Palantir's Q3 2026 overall revenue grew 96% year over year. source
• Palantir's Q3 2026 U.S. commercial revenue grew 148% year over year and 29% sequentially. source

Impact estimates