Palantir Technologies reported Q1 2026 revenue of $1.633 billion on May 5, 2026, an 85% year-over-year increase representing the company's fastest growth rate. The results beat analyst expectations of $1.54 billion in revenue and $0.28 adjusted EPS, with Palantir posting $0.33 adjusted EPS. The company raised its full-year 2026 revenue guidance to $7.66 billion.
Q1 2026 financial results
- ▪Palantir Technologies reported Q1 2026 revenue of $1.633 billion
- ▪Palantir Technologies beat Wall Street's first-quarter expectations on May 5, 2026
- ▪Analysts tracked by LSEG expected Palantir Technologies Q1 2026 revenue of $1.54 billion
- ▪Analysts tracked by LSEG expected Palantir Technologies Q1 2026 adjusted earnings per share of $0.28
- ▪Palantir Technologies reported adjusted EPS of $0.33 for Q1 2026
Revenue growth performance
- ▪Palantir Technologies Q1 2026 revenue increased 85% year over year
- ▪Palantir Technologies Q1 2026 revenue growth represents the company's fastest growth rate
- ▪Palantir Technologies Q1 2026 revenue increased 16% from the previous quarter
Full-year outlook revision
- ▪Palantir Technologies raised its full-year 2026 outlook
- ▪Palantir Technologies full-year 2026 revenue guidance is $7.66 billion
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