The Chonkerton

‘This quarter was otherworldly’: Palantir earnings surge past expectations

business

Palantir reported stronger-than-expected second-quarter earnings. Per The Guardian, the AI and analytics company's revenue surged ninety-three percent year over year to one point nine four billion dollars—exceeding Wall Street's one point eight billion dollar projection. US government contract revenue grew ninety percent to eight hundred nine million dollars. Shares rose ten percent on the results, despite mounting scrutiny over Palantir's government work, including its role in the Trump administration's immigration agenda.

Source: https://www.theguardian.com/us-news/2026/aug/03/palantir-...

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