Palantir stock clears USD 2.3 billion revenue mark as outlook rises
Published on 11/04/2026 at 16:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSCommercial Growth Raises The Bar
- US commercial revenue surpassed US government revenue for the first time.
- Management raised its full-year revenue and US commercial revenue forecasts.
- Investors will focus on fourth-quarter execution and contract conversion.
Palantir Technologies reported a sharp expansion in its US business for the quarter ended September 30, 2026, while lifting its full-year outlook. The company's SEC-filed earnings release shows quarterly revenue of USD 2.313 billion, up 96 percent year over year.
The release also marks a change in Palantir's revenue mix. US commercial revenue rose 148 percent year over year to USD 984 million, moving ahead of US government revenue at USD 953 million. Government revenue still grew 96 percent, so the shift reflects faster commercial expansion rather than a decline in public-sector demand.
Higher Forecast, Higher Expectations
Palantir raised its full-year 2026 revenue guidance to between USD 8.530 billion and USD 8.534 billion. It also expects US commercial revenue to exceed USD 3.559 billion, implying growth of at least 143 percent. For the fourth quarter, management projects revenue of between USD 2.649 billion and USD 2.653 billion.
The company closed 212 deals worth at least USD 1 million during the quarter, according to the SEC-filed earnings release. Total contract value rose 6 percent year over year to USD 2.918 billion, while US commercial remaining deal value reached USD 6.517 billion, up 79 percent.
What Investors Watch Next
The operating picture combines extraordinary reported growth with a demanding execution test. Palantir must convert strong commercial demand and remaining deal value into revenue while sustaining its elevated profitability. Adjusted operating income reached USD 1.427 billion in the quarter, equal to a 62 percent margin, and adjusted free cash flow was USD 1.216 billion.
Palantir stock traded at 157.16 euros on Lang & Schwarz at 16:39 CET on Wednesday, November 4, 2026; the real-time quote of Palantir stock was available at that level.
Palantir Technologies
- Company: Palantir Technologies Inc.
- ISIN: US69608A1088
- Ticker: PLTR
- Quote: 157.16 euros on Lang & Schwarz, Wednesday, November 4, 2026, at 16:39 CET
Broader technology sentiment remains relevant for high-growth software shares; current S&P 500 market coverage provides the wider US equity context.
More news and analyses on Palantir stock will track whether the commercial growth engine converts into durable contract momentum.
