Palantir total revenue hits $2.31 billion as company issues strong Q4 guidance
Key Facts
Palantir reported total revenue of $2.31 billion for the third quarter of 2026, exceeding analyst estimates. The company posted non-GAAP profit of $0.44 per share during the period, according to the business update released by the firm.
The results highlighted surging momentum in the US market, where revenue rose 119% year-over-year to $1.94 billion. US commercial revenue reached $984 million, surpassing government revenue of $953 million for the first time in the company's history. PLTR shares closed at $184.52 on November 2, 2026, compared to a close of $184.11 on October 30, 2026.
Palantir issued strong guidance for the fourth quarter of 2026, forecasting revenue with a midpoint of $2.65 billion, which stands 7.6% above consensus estimates. The company also raised its full-year 2026 US commercial revenue outlook to more than $3.559 billion.
Latest Updates · 2
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Update: Palantir raised its full-year 2026 total revenue guidance to a range between $8.530 billion and $8.534 billion. This adjustment follows the company's upward revision of other operational targets driven by strong performance in the US market.
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Update: Palantir raised its total revenue guidance for the full fiscal year 2026 to approximately $8.5 billion. The company also reported that revenue from its top 20 customers grew by 76% to reach $146 million, further strengthening the annual outlook.