Palantir Technologies Inc. reported a strong fourth-quarter performance, beating Wall Street expectations and pushing its shares higher in after-hours trading. The company posted Q4 revenue of $1.41 billion, up 70% year-on-year, with adjusted earnings per share of $0.25, above analyst estimates of $0.23.
CEO Alex Karp called the results exceptional, highlighting Palantir’s focus on scaling AI-driven operations to meet growing demand.
Following the earnings release, shares rose 8% in after-hours trading, reflecting investor confidence in Palantir’s growth trajectory. The US market was a key driver, with total revenue up 93% year-on-year to roughly $1.08 billion. US commercial sales climbed 137% to $507 million, while US government revenue increased 66% to $570 million.
The company closed 180 deals worth $1 million or more in the quarter, bringing total contract value to $4.26 billion, up 138% year-on-year. These figures highlight Palantir’s expanding presence across enterprise and government sectors.
Looking ahead, Palantir expects full-year 2026 revenue of $7.18–$7.20 billion, a 61% increase from 2025, surpassing analyst projections. For Q1 2026, revenue is projected at $1.53–$1.54 billion, also above expectations.
Also Read: Bitcoin faces sharp fall during market chaos