Palantir Technologies Earnings Call Transcripts
Fiscal Year 2026
-
The meeting covered director elections, auditor ratification, and executive compensation approval. Three stockholder proposals on due diligence, human rights, and political spending disclosure were presented but not approved. Q&A focused on AI platform differentiation and rapid enterprise adoption.
-
Q1 delivered record 85% YoY revenue growth and 16% sequentially, with U.S. revenue up 104% YoY. Raised full-year 2026 revenue guidance to $7.656B and adjusted operating income to $4.44–$4.45B, reflecting strong demand for operational AI across commercial and government sectors.
-
AIPCon 9 showcased rapid AI-driven transformation across defense, healthcare, finance, energy, and manufacturing, with strategic partnerships accelerating cloud migration, operational integration, and real-time decision-making. Organizations reported dramatic reductions in manual processes and project timelines, while scaling AI architectures for compounding business value.
Fiscal Year 2025
-
Q4 delivered record 70% revenue growth and a Rule of 127, driven by U.S. commercial and government strength. Full-year revenue rose 56%, with robust profitability and cash flow. 2026 guidance calls for 61% growth and continued margin expansion.
-
Record Q3 results with 63% year-over-year revenue growth, 121% U.S. commercial growth, and a Rule of 40 score of 114%. Raised full-year guidance, driven by surging AI demand and rapid enterprise adoption, especially in the U.S.
-
Q2 saw record revenue surpassing $1 billion, with 48% year-over-year growth and strong U.S. commercial and government performance. Guidance for 2025 was raised across all key metrics, reflecting accelerating AI demand and robust deal activity.
-
The meeting covered director elections, auditor ratification, and strong demand for AI solutions, especially in manufacturing and defense. Both new and existing customers are driving growth, with rapid expansion and significant deals highlighted.
-
Q1 2025 saw 39% revenue growth year-over-year, with U.S. commercial revenue up 71% and U.S. government revenue up 45%. Profitability and cash flow were strong, and full-year guidance was raised amid robust AI-driven demand and expanding deal volume.
Fiscal Year 2024
-
Q4 2024 saw 36% revenue growth year over year, driven by U.S. AI adoption and strong commercial and government segments. Adjusted operating margin hit a record 45%, with robust cash flow and a Rule of 40 score of 81. 2025 guidance projects continued high growth and profitability.
-
Q3 saw 30% revenue growth year-over-year, with U.S. revenue up 44% and U.S. commercial up 54%, driven by strong AI adoption and rapid customer expansion. Adjusted operating margin reached 38%, and guidance for full-year revenue and cash flow was raised.
-
Q2 2024 saw 27% year-over-year revenue growth, record profitability, and strong U.S. commercial and government momentum, with major expansion deals and a raised full-year outlook. The company is capitalizing on AI production deployments and expects continued robust growth.
-
The meeting covered director elections, auditor ratification, and strategic focus on AI-driven commercial growth. All director nominees were re-elected and the auditor was ratified. Q&A addressed AIP adoption, deal cycle compression, and the company's operational AI strategy.