Palantir Reports Strong Revenue Growth and Upgrades Outlook Despite Share Decline

Despite reporting strong first-quarter revenue growth of 85% year-on-year to $1.63 billion, Palantir Technologies (NASDAQ:PLTR) saw its shares fall by about 3% in premarket trading after the upgrade to full-year guidance failed to excite investors.

By Fiona Craig May 5, 2026 2 min read · Yahoo Finance ·

Palantir Reports Strong Revenue Growth and Upgrades Outlook Despite Share Decline

Tickers: $PLTR

Topics: financial_results guidance_upgrade stock_performance

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