Karp is staking Palantir's entire growth story on governments and enterprises refusing to let their data…
As seen on the 24/7 Wall St. homepage on August 3, 2026.
Earnings · 2026 Q2
Alex Karp
CEO
Demand for AI sovereignty has now been unleashed. And Palantir is the only company that has demonstrated it can transform tokens into actual economic value. Our customers trust us to provide them with maximal control over their operations, data, and decisions. Their competitive advantage should never become the training data for future models. This quarter was otherworldly: our U.S. commercial revenue grew 149% year-over-year, our overall revenue grew 93% year-over-year, and our Rule of 40…
Karp is staking Palantir's entire growth story on governments and enterprises refusing to let their data train someone else's models, and Q2 backs him up: U.S. commercial revenue nearly two and a half times higher than a year ago. The question is how long that pace holds.
Mentioned: PLTR