Record Revenue Growth
Palantir reported a 63% year-over-year increase in overall revenue and 18% sequential growth, surpassing expectations.
U.S. Commercial Business Expansion
The U.S. commercial business grew 121% year-over-year and 29% sequentially, driven by strong demand and enterprise AI adoption.
Highest TCV Quarter
Palantir achieved its highest Total Contract Value (TCV) quarter with $2.8 billion, closing 204 deals worth $1 million or more.
Exceptional Rule of 40 Score
The company achieved a Rule of 40 score of 114%, a 20-point increase from the previous quarter.
Strong U.S. Government Revenue Growth
Revenue from the U.S. government grew 52% year-over-year and 14% sequentially, highlighting ongoing demand for AI capabilities.
Significant Adjusted Operating Margin
Palantir reported a 51% adjusted operating margin, exceeding prior guidance by 500 basis points.
Advanced AI Capabilities
Palantir's AI Hivemind and AIP native development agent are delivering transformative impacts across commercial and government sectors.