PALANTIR $PLTR
Q3’26 EARNINGS HIGHLIGHTS

🔹
Revenue: $2.31B (Est. $2.18B)
🟢
; +96% YoY

🔹
Adj. EPS: $0.44 (Est. $0.41)
🟢

🔹
US Commercial: $984M (Est. $943M)
🟢
; +148% YoY

🔹
Adj. Op Income: $1 .43B (Est. $1 .26B)
🟢

Raises FY26 Guide:

🔹
Revenue: $8.530B-$8.534B (Est. $8.2B)
🟢

🔹
Adj. Op Income: $5.245B-$5.249B (Est. $4.76B)
🟢

🔹
Adj. FCF: $4.80B-$5.00B (Est. $4.52B)
🟢

🔹
US Commercial Revenue: >$3.6B

Q4 Guide:

🔹
Revenue: $2.649B-$2.653B (Est. $2.46B)
🟢

🔹
Adj. Op Income: $1 .640B-$1 .644B (Est. $1 .41B)
🟢

Revenue Breakdown:

🔹
US Revenue: $1 .94B; +119% YoY

🔹
US Government: $953M (Est. $862M)
🟢
; +96% YoY

Other Q3 Metrics:

🔹
Adj. Oper Margin: 62%

🔹
Rule of 40: 158%

🔹
TCV: $2.92B; +6% YoY

🔹
US Commercial TCV: $1 .46B; +11% YoY

🔹
US Commercial RDV: $6.52B; +79% YoY

Key Updates:

🔸
Closed 212 deals of at least $1 million, 107 deals of at least $5 million, and 64 deals of at least $10 million

Comments:

🔸
“The Sovereign AI movement is imposing the most dramatic dichotomy between haves and have nots that I have witnessed in 30 years of business. Every institution—government and commercial—is rapidly being forced, voluntarily or not, into one of these two categories,”