Palantir (PLTR) Q4 2025 Earnings
How Did PLTR Stock React to Q4 2025 Earnings?
S&P 500 over the same 30 days: −2.49%.
Did PLTR Beat Earnings? Q4 2025 Results
Yes. Palantir reported Q4 2025 earnings of $0.25 a share on Feb 2, 2026, beating the $0.18 consensus estimate by 38.9%. Revenue was $1.4B against a $1.3B estimate.
Palantir delivered a blowout Q4 2025, with the AI software company reporting adjusted EPS of $0.25 against a consensus estimate of $0.18, a beat of 38.89%, while revenue of $1.41 billion topped expectations by 5.74% and surged 70% year-over-year. <a href="https://247wallst.com/investing/2026/02/02/live-earnings-will-palantir-beat-q4-estimates/">Analysts watching closely</a> saw the primary engine of outperformance come from a remarkable acceleration in U.S. commercial revenue, which grew 137% year-over-year to $507 million, helping lift total U.S. revenue 93% to $1.08 billion. GAAP operating income reached $575.39 million, a 41% margin representing a dramatic expansion from the near-breakeven $11.04 million posted in Q4 2024, and the company closed the quarter with $7.20 billion in cash and equivalents. Retail investor buzz around Palantir has intensified in recent weeks, and management rewarded that enthusiasm with forward guidance calling for full-year 2026 revenue of $7.18 to $7.20 billion, approximately 61% year-over-year growth, with U.S. commercial revenue expected to exceed $3.14 billion, implying at least 115% growth.
- U.S. commercial revenue grew 137% year-over-year to $507 million
- U.S. government revenue grew 66% year-over-year to $570 million
- Record total contract value of $4.262 billion closed, up 138% year-over-year
- Record U.S. commercial TCV of $1.344 billion, up 67% year-over-year
- U.S. commercial remaining deal value of $4.38 billion, up 145% year-over-year
- Customer count grew 34% year-over-year
- Rule of 40 score of 127%
- Closed 180 deals of at least $1 million, 84 deals of at least $5 million, and 61 deals of at least $10 million
“Palantir's Rule of 40 score is now an incredible 127%. Last quarter, our U.S. revenue grew 93% year-over-year and U.S. commercial revenue grew 137% year-over-year. We are also announcing a 2026 revenue growth guide of 61% year-over-year. We are an n of 1, and these numbers prove it. Palantir is alone in choosing to exclusively focus on scaling the operational leverage made possible by the rapid advancements of AI models, a trend that we first called 'commodity cognition' well before others started repeating it.”
Palantir CEO, on the earnings call
What Was Palantir's Outlook in Q4 2025?
For Q1 2026, Palantir expects revenue of $1.532–$1.536 billion and adjusted income from operations of $870–$874 million. For full year 2026, the company expects revenue of $7.182–$7.198 billion (approximately 61% year-over-year growth), U.S. commercial revenue in excess of $3.144 billion (at least 115% growth), adjusted income from operations of $4.126–$4.142 billion, adjusted free cash flow of $3.925–$4.125 billion, and GAAP operating income and net income in each quarter of 2026.
PLTR YoY Financials
| Metric | Q4 2025 | Q4 2024 | Year over year |
|---|---|---|---|
| Revenue | $1.4B | $827.5M | +70.0% |
| Gross Profit | $1.2B | $653.0M | +82.4% |
| Operating Income | $575.4M | $11.0M | +5,110.5% |
| Net Income | $608.7M | $79.0M | +670.4% |
PLTR Revenue by Segment
PLTR Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.