Palantir Technologies announced its results for the July–September 2026 quarter. Revenue came to $2.313 billion, up 96% year on year, with commercial revenue surpassing government revenue for the first time, while the full-year outlook was also raised.
Palantir announced in its release that revenue for the third quarter, from July through September 2026, was $2.313 billion. Revenue increased 96% year on year, indicating substantial quarter-on-quarter growth.
The company's commercial revenue reportedly surpassed government revenue for the first time, with a shift in the revenue mix in which the commercial revenue share exceeded the government revenue share.
The earnings materials released the same day also explicitly stated that the full-year outlook had been raised, indicating expectations regarding the company's future performance.
The results have drawn the attention of investors and market participants, and the commercial-government revenue mix and the raised full-year outlook are expected to influence future developments.