Palantir Technologies Earnings Call Transcripts
Fiscal Year 2026
-
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 deployment across defense, energy, healthcare, and finance, with major partnerships accelerating operational transformation. Key platforms like ShipOS and Maven are driving real-time decision-making, while collaborations with SAP, Accenture, and others are compressing project timelines and amplifying human expertise.
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 2024 saw 30% revenue growth year-over-year, with U.S. business up 44% and U.S. commercial up 54%, driven by strong AI adoption. Adjusted operating margin expanded to 38%, and full-year guidance was raised across revenue, margin, and cash flow.
-
Q2 2024 delivered 27% revenue growth, record profitability, and strong U.S. commercial and government momentum, with major contract wins and rapid customer expansion. Full-year guidance was raised, and new products like Warp Speed target reindustrialization.
-
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.