BREAKING: Palantir (PLTR) stock has surged 51% so far in August and is on track for its best month since November 2024, adding more than $160 BILLION in market capitalization.
The stock began surging sharply following the release of its Q2 FY26 earnings results on August 4.
Palantir reported an adjusted EPS of $0.41, beating the estimated $0.347, and generated $1.94 billion in revenue to outpace the forecasted $1.81 billion.
U.S. commercial revenue surged 149% year-over-year to $764 million, while U.S. government revenue grew 90% to $809 million, pushing the total U.S. market to represent the majority of quarterly sales.
$PLTR
The stock began surging sharply following the release of its Q2 FY26 earnings results on August 4.
Palantir reported an adjusted EPS of $0.41, beating the estimated $0.347, and generated $1.94 billion in revenue to outpace the forecasted $1.81 billion.
U.S. commercial revenue surged 149% year-over-year to $764 million, while U.S. government revenue grew 90% to $809 million, pushing the total U.S. market to represent the majority of quarterly sales.
$PLTR
