Palantir Raises Annual Revenue Forecast on Strong Demand
Palantir increased its 2026 revenue outlook to $7.66 billion after beating quarterly estimates. Strong demand for AI tools drove a 133% jump in commercial sales.
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PALANTIR TECHNOLOGIES INC-A raised its 2026 revenue forecast to a range of $7.65B to $7.66B on Monday evening. This outlook exceeds previous guidance of $7.18B to $7.20B as AI demand scales across government and commercial sectors. The upgrade signals that Palantir is successfully converting military AI experimentation into long-term, high-value federal contracts.
Q1 revenue reached $1.63B, beating LSEG estimates of $1.54B. Adjusted EPS hit 33 cents, surpassing the 28 cents expected by analysts. Commercial revenue in the United States rose 133% to $595M during the quarter.
