Record-Breaking Quarterly Revenue

Palantir Technologies Inc. has announced a groundbreaking achievement, reporting a 48% annual increase in its second-quarter revenue for the fiscal year 2025, surpassing the $1 billion mark for the first time. This performance not only exceeded estimates but also marked a significant milestone in the company's history.

Financial Highlights

The company's net income rose to $327 million, with diluted earnings per share (EPS) reaching $0.13. Looking ahead, Palantir has projected its fourth-quarter revenue to be between $1.083 billion and $1.087 billion, and has raised its full-year 2025 revenue guidance to between $4.142 billion and $4.150 billion.

Leadership Insights

"This was a phenomenal quarter. We continue to see the astonishing impact of AI leverage. Our Rule of 40 score was 94%, once again obliterating the metric. Year-over-year growth in our US business surged to 68%, and year-over-year growth in US commercial climbed to 93%," stated Alexander Karp, Chief Executive Officer of Palantir. The announcement led to a 3.91% increase in Palantir's shares in after-hours trading, reaching $166.94.