Executive Summary
- •Palantir's revenue hit about $1 billion, a 93% jump from the same quarter last year.
- •Net income reached $1.07 billion (41 cents per share), significantly up from last year's $329 million (13 cents per share).
- •U.S. commercial revenue skyrocketed 149% year-over-year to $764 million.
Community Sentiment
Key Developments & Data
Palantir $PLTR crushes Q2 earnings, driven by a massive surge in US commercial growth.
Palantir's revenue hit about $1 billion, a 93% jump from the same quarter last year.
Net income reached $1.07 billion (41 cents per share), significantly up from last year's $329 million (13 cents per share).
U.S. commercial revenue skyrocketed 149% year-over-year to $764 million.
The company raised its full-year revenue guidance to between $8.15 billion and $8.16 billion.
"To my knowledge, no businesses at our scale has even grown half this much." — Alex Karp
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