Palantir raises 2026 revenue forecast and beats quarterly estimates
Updated
Updated · Reuters · May 4
Palantir raises 2026 revenue forecast and beats quarterly estimates
13 articles · Updated · Reuters · May 4
It now sees fiscal 2026 revenue at $7.65-$7.66bn, up from $7.18-$7.20bn, after first-quarter revenue reached $1.63bn and adjusted EPS 33 cents.
US commercial revenue jumped 133% to $595m and US government revenue rose 84% to $687m, while second-quarter guidance of $1.797-$1.801bn topped analysts' $1.68bn estimate.
Demand has been boosted by wider military and corporate use of AI tools; Reuters reported in March that Palantir's Maven AI will become a Pentagon program of record.
As Palantir's stock soars, can its powerful AI moat withstand growing competition from more accessible tech giants?
With Palantir now a military 'program of record,' what are the risks of a private firm holding keys to national security?
As Palantir embeds in the UK's NHS, can it overcome deep public distrust over its data-handling and intelligence ties?