Palantir Revenue Hits $1.9 Billion With 93% Jump as AI Sovereignty Demand Explodes
WASHINGTON, Aug. 5 -- Palantir Technologies turned in one of the more striking quarters in its history as a public company, posting revenue of $1.935 billion for the three months ended June 30, a 93 percent increase from the same period a year ago that sent shares sharply higher in after-hours trading.
The results, according to the company's Securities and Exchange Commission filing, cleared Wall Street estimates by a margin that reflected how fully demand for artificial intelligence platforms has outrun even the most optimistic projections from early 2026. Palantir's US commercial segment grew 149 percent year-over-year to $764 million, confirming that the company's domestic business has shifted into a different register.
Chief Executi...
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