Palantir Reports 96% Year-Over-Year Revenue Growth Driven by U.S. Commercial Expansion
Palantir (PLTR) reported strong third-quarter 2026 results, with total revenue reaching $2.3 billion, a 96% increase year-over-year. A significant milestone was achieved as U.S. commercial revenue grew 148% to $984 million, surpassing U.S. government revenue for the first time in company history. The growth is largely attributed to the rapid adoption of Palantir's Artificial Intelligence Platform (AIP), which focuses on embedding AI into enterprise workflows rather than simple productivity tools. Management raised full-year U.S. commercial revenue guidance to over $3.559 billion, signaling continued momentum in the sovereign AI sector.
Tickers: $PLTR
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