Palantir Shares Surge 20%—Its Best Day In A Year After ‘Otherworldly’ Earnings

Forbes | Aug 4, 2026 at 2:00 AM
  • Palantir on Monday reported quarterly revenue of $1.9 billion and earnings per share of $0.41, far surpassing estimates of $1.8 billion and $0.34, respectively.
  • A 93% year-over-year boost in overall revenue was largely driven by a 149% surge in commercial revenue to $764 million, while government revenue jumped 90% to $809 million.