PLTR · Earnings call · 2026Q3T · Full report
Revenue Performance and Mix
Palantir Technologies Inc. · 2026-11-02 · Importance 69 · Surprise 64 · No source text
Third-quarter 2026 revenue was $2.313 billion, up 96% year over year and 20% sequentially. Commercial revenue grew 113% year over year and 24% sequentially to $1.168 billion, while government revenue grew 81% year over year and 16% sequentially to $1.146 billion. U.S. commercial revenue reached $984 million, up 148% year over year and 29% sequentially, exceeding U.S. government revenue of $953 million for the first time. International commercial revenue was $184 million, up 21% year over year and 1% sequentially; international government revenue was $192 million, up 31% year over year and 6% sequentially.
Key facts
- Third-quarter revenue growth was 96% year-over-year and 20% sequentially, the highest growth rates Palantir had delivered as a public company at that time.
- Palantir's CEO said U.S. commercial business grew 29% quarter-on-quarter and was nearing 150% growth.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +49.0% | Third-quarter revenue growth was 96% year-over-year and 20% sequentially, the highest growth rates Palantir had delivered as a public… |