Palantir Technologies (PLTR)
NASDAQ:PLTR
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.31Last Year’s EPS
0.16Same Quarter Last Year
Moderate Buy
Based on 19 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized very strong growth, profitability, cash generation, and clear commercial and government momentum driven by the AIP platform, with multiple large bookings, raised guidance, and significant operational impacts cited. Key risks include rising expenses as the company invests in talent and product, capacity constraints as demand outpaces supply, concentration in the U.S., and timing/appropriations risk for government programs. On balance, the positives (record growth, margin strength, cash flow, and deal momentum) materially outweigh the manageable risks.Company Guidance
Record Revenue Growth
Total revenue of $1.633 billion in Q1 2026, up 85% year-over-year and 16% sequentially — the highest reported YoY growth rate as a public company.
U.S. Business and U.S. Commercial Surge
U.S. revenue was $1.282 billion, up 104% year-over-year and 19% sequentially; U.S. commercial revenue was $595 million, up 133% year-over-year and 18% sequentially. Company raised U.S. commercial revenue guidance to in excess of $3.224 billion (at least 120% growth).
Profitability and Margins Strength
Adjusted gross margin of 88%, adjusted operating margin of 60%, adjusted income from operations of $984 million, and GAAP net income of $871 million (53% margin).
Raised Guidance and Upsized Full-Year Outlook
Raised full-year 2026 revenue midpoint to $7.656 billion (guiding to ~71% YoY growth), a 10% increase over prior guidance; Q2 revenue guidance of $1.797–$1.801 billion; raised adjusted income from operations and adjusted free cash flow guidance for 2026.
Strong Cash Generation and Liquidity
Generated $899 million in cash from operations and $925 million in adjusted free cash flow in Q1 (margins of 55% and 57% respectively). Ended quarter with $8 billion in cash, cash equivalents, and short-term U.S. Treasuries.
Customer Momentum and Large Deal Activity
Total customer count of 1,007 (up 31% YoY and 6% sequentially). Trailing twelve-month revenue from top 20 customers increased 55% YoY to $108 million per customer. Closed $1.3 billion in commercial TCV bookings (up 42% YoY) and $2.4 billion in government TCV bookings (up 61% YoY).
Remaining Contract Value and RPO Expansion
Total remaining deal value of $11.8 billion (up 98% YoY and 6% sequentially) and remaining performance obligations of $4.5 billion (up 134% YoY and 9% sequentially). Net dollar retention was 150%, up 1,100 basis points sequentially.
Operational Impact and Notable Customer Wins
Major program wins and operational outcomes include: USDA contract up to $300 million; GE Aerospace reported a 26% increase in engine performance with AIP; Ship OS cut BOM approval from 200 hours to 15 seconds, sped contract reviews by 57–73%, and reduced monthly material planning time by 94%; Maven usage doubled in four months and is 4x over twelve months.
PLTR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
PLTR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 04, 2026 | $146.03 | ― | ― |
Feb 02, 2026 | $147.76 | $157.88 | +6.85% |
Nov 03, 2025 | $207.18 | $190.74 | -7.94% |
Aug 04, 2025 | $160.66 | $173.27 | +7.85% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Palantir Technologies (PLTR) report earnings?
Palantir Technologies (PLTR) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is Palantir Technologies (PLTR) earnings time?
Palantir Technologies (PLTR) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PLTR EPS forecast?
PLTR EPS forecast for the fiscal quarter 2026 (Q2) is 0.31.
