Palantir Technologies (PLTR) Company Report

In Q4, revenue rose 70% year-over-year to $1.407 B (19% sequentially); full-year 2025 revenue reached $4.475 B, up 56% yoy.
U.S. revenue increased 93% yoy to $1.076 B, with U.S. commercial revenue up 137% to $507 M and U.S. government revenue up 66% to $570 M in Q4.
Q4 adjusted operating income was $798 M (57% margin); full-year adjusted operating income was $2.254 B (50% margin).
Total contract value bookings hit a record $4.3 B (up 138% yoy); Q4 Rule of 40 score reached 127; FY2026 revenue guidance is $7.19 B (61% growth).

16 hours ago

Transcript

Palantir reports Q4 2025 results

PLTR

Earnings

Guidance Update

Revenue Acceleration/Inflection

In Q4 2025, revenue rose 70% YoY to $1.407 billion (FY 2025 revenue $4.475 billion, +56% YoY), driven by a 93% YoY increase in U.S. revenue to $1.076 billion.
Q4 adjusted operating income was $798 million (57% margin) and adjusted free cash flow was $791 million (56% margin); FY 2025 adjusted operating income was $2.254 billion (50% margin) and free cash flow $2.27 billion (51% margin).
Closed a record $4.3 billion in total contract value bookings in Q4, up 138% YoY, with net dollar retention of 139% and customer count rising 34% to 954.
FY 2026 guidance: revenue of $7.182–$7.198 billion (~61% growth), adjusted operating income of $4.126–$4.142 billion, and adjusted free cash flow of $3.925–$4.125 billion.

17 hours ago

Transcript

Palantir reports Q4 2025 results

PLTR

Earnings

Guidance Update

Revenue Acceleration/Inflection

$1.407 billion revenue in Q4 2025, up 70% year-over-year and 19% sequentially; full-year 2025 revenue of $4.475 billion (+56% YoY)
Q4 adjusted operating income of $798 million (57% margin) and full-year adjusted operating income of $2.254 billion (50% margin)
Record fourth-quarter total contract value bookings of $4.3 billion (+138% YoY) and customer count of 954 (+34% YoY)
2026 guidance: full-year revenue of $7.19 billion at midpoint (61% YoY growth), adjusted operating income of $4.13 billion, targeting a Rule of 40 score of 118%

17 hours ago

Transcript

Palantir reports Q4 2025 earnings with robust growth

PLTR

Earnings

Revenue Acceleration/Inflection

Guidance Update

Total revenue grew 70% year-over-year and 19% quarter-over-quarter to $1.41 billion in Q4 2025.
US revenue rose 93% Y/Y to $1.08 billion, driven by 137% growth in US commercial ($507 million) and 66% growth in US government ($570 million).
Adjusted free cash flow was $791 million (56% margin) and adjusted operating income was $798 million (57% margin).
Rule of 40 score reached 127%, reflecting strong combined growth and profitability.
Guidance for Q1 2026: revenue of $1.532–1.536 billion and adjusted operating income of $870–874 million; full-year 2026 revenue expected at $7.182–7.198 billion with adjusted free cash flow of $3.925–4.125 billion.

19 hours ago

Presentation

Palantir reports Q4 2025 results and issues FY 2026 guidance

PLTR

Earnings

Guidance Update

Revenue Acceleration/Inflection

Palantir’s Q4 2025 revenue rose 70% y/y to $1.407 billion; U.S. commercial revenue surged 137% y/y to $507 million.
GAAP net income for Q4 2025 was $609 million (43% margin), with adjusted free cash flow of $791 million (56% margin).
For FY 2025, revenue increased 56% y/y to $4.475 billion, driven by a 109% y/y rise in U.S. commercial revenue to $1.465 billion.
Palantir issued FY 2026 guidance targeting 61% revenue growth to $7.182–$7.198 billion and at least 115% growth in U.S. commercial revenue.

19 hours ago

Press Release

Palantir reports Q4 2025 results and issues FY 2026 guidance

PLTR

Earnings

Guidance Update

Q4 2025 revenue was $1.407 billion, a 70% Y/Y increase; FY 2025 revenue reached $4.475 billion, up 56% Y/Y
U.S. revenue in Q4 jumped 93% Y/Y to $1.076 billion, with U.S. commercial revenue up 137% Y/Y to $507 million
Q4 GAAP operating income was $575 million (41% margin), and adjusted operating income was $798 million (57% margin)
Operating cash flow for Q4 was $777 million (55% margin), and total contract value hit a record $4.262 billion, up 138% Y/Y
FY 2026 guidance includes revenue of $7.182–7.198 billion (61% growth) and U.S. commercial revenue above $3.144 billion (115% growth)

19 hours ago

8-K

Palantir to report Q4 2025 results

PLTR

Earnings

Guidance Update

After market close Feb 2, Palantir guides Q4 revenue of $1.327–$1.331 billion, vs. Street’s ~$1.34 billion and ~$0.23 adjusted EPS estimate.
Full-year revenue guidance raised to $4.396–$4.4 billion, underscoring sustained demand.
U.S. revenue expected to exceed $1 billion (∼80% YoY growth) with commercial sales up ~121%; U.S. now ~75% of revenue.
Growth catalysts include the Chain Reaction OS/Nvidia partnership and a potential $448 million Navy ShipOS award.
Analyst sentiment is mixed: upgrades by William Blair offset cautious views from RBC and Loop Capital; average Street target in the mid-$180s.

2 days ago

Bloomberg

Palantir expands strategic partnership with HD Hyundai

PLTR

New Projects/Investments

Palantir Technologies and HD Hyundai have expanded their group-wide strategic partnership, marking Palantir’s largest and longest collaboration in Korea to deploy the Foundry and AIP platforms across the HD Hyundai Group.
Initially launched in 2021 with HD Hyundai Oilbank, the alliance has driven improvements in refinery operations, predictive maintenance, and sensor data analysis, and has extended into shipbuilding and construction equipment subsidiaries.
The partnership will broaden access to Palantir’s platforms across HD Hyundai’s business units—including electric systems, robotics, and marine aftermarket service—and plans to establish a Center of Excellence for advanced analytics and AI.
HD Hyundai Chairman Chung Kisun and Palantir CEO Dr. Alex Karp underscored the initiative’s role in accelerating digital transformation and decision-making capabilities across the industrial group.

Jan 20, 2026, 11:00 AM

Press Release

ReelTime Media’s RI Platform Outperforms Centralized AI Leaders in Under 8 Months

PLTR

Product Launch

New Projects/Investments

Reel Intelligence (RI) was launched in 2025 and became fully operational within eight months, delivering cinema-quality video, photorealistic imagery, original audio, advanced research, and code generation in a single platform.
The platform’s distributed, chip-agnostic architecture eliminates reliance on proprietary data centers and specific GPU suppliers, driving lower capital and operating costs versus centralized AI incumbents.
RI enables declining marginal costs with scale and continuous self-learning improvements without costly retraining cycles, while unifying video, image, audio, research, and code capabilities.
Supports virtually all modern and historical languages, allowing global deployment without infrastructure rebuilds or language-based constraints.

Jan 5, 2026, 6:20 PM

Press Release

Palantir shares rise after Truist coverage and reported Maduro link

PLTR

Earnings

Revenue Acceleration/Inflection

Truist Securities initiated coverage of Palantir with a buy rating and a $223 price target, calling it a “best-in-class AI asset”.
Shares gained on this call and on unconfirmed social-media speculation linking Palantir to the U.S. capture of Venezuela’s Nicolás Maduro.
In Q3 2025, Palantir reported EPS of $0.21 (vs. $0.17 estimate) and $1.18 billion in revenue, up 62.8% year-over-year, with U.S. commercial revenue growth of ~121%.
Despite strong growth and profitability—including a 40%+ free cash flow margin and 12 consecutive quarters of positive GAAP EPS—the stock trades at ~70x forward P/S and a P/E above 390 amid significant insider selling.