Palantir's commercial revenue overtakes government sales for first time
Q3 revenue jumped 96% to $2.31B and beat estimates, but AI-stock jitters kept the stock volatile.
What to know
- Palantir's U.S. commercial revenue ($984M, up 148%) surpassed U.S. government revenue ($953M) for the first time, a milestone framed as a turning point in the company's AI business.
- Q3 revenue rose 96% year-over-year to $2.31 billion, beating the $2.18 billion Wall Street estimate; FY2026 revenue guidance was raised to roughly $8.53 billion.
- Despite the beat, Palantir shares were volatile as a broader selloff in AI-related tech stocks tested investor confidence in the company's high valuation.
Palantir Technologies Data-analytics and AI software companyU.S. commercial customers Palantir's fastest-growing customer segmentU.S. government Palantir's traditional largest customer segmentWall Street analysts Investors and analysts covering Palantir
How it unfolded 5 developments, newest first · click a bar or a number to jump articlesposts
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Palantir shares swing as broader AI stock selloff spreads
Despite the earnings beat and raised guidance, Palantir shares rose then fell as a selloff spread across other AI-related tech stocks, reflecting investors' sensitivity to the company's high valuation.
“Palantir Technologies shares rose 1.5% before falling amid a spreading AI selloff in other tech stocks.”
— Fortune -
first by MarketWatch, 8d ago · also Dow Jones Newswires
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first by Business Insider, 7d ago
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To be extra clear, "Piloted" is a loadbearing word here. The reason they need the systems to be AI is that neither Pete nor Stevie have the necessary motor skills nor coordination to do anything that'd resemble an action we warm-blooded humans recognize as piloting. So they need the equivalent of giving your younger cousin an unplugged controller…
2 more of the top 3 · 7 posts in this stretch
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Palantir’s posts ‘highest-ever’ revenue growth rate of 96% to $2.3 billion as investors’ patience rests on a hair trigger https:// fortune.com/2026/11/02/palanti r-q3-results-stock-ai-trade-selloff/?utm_source=flipboard&utm_medium=activitypub Posted into Business @ business-thenewsdesk
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They can make +1000%, I just saw a world ready to fund a company which the CEO is proud to genocide Gaza, and to collect data from gaza for next wars ... And their dream is to make USA like China : all cities under monitoring to avoid all protestation ...
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Palantir posts 96% revenue growth and raises FY2026 guidance
Palantir reported Q3 revenue of $2.313 billion, up 96% year-over-year and above the $2.18 billion Wall Street estimate, and raised its full-year 2026 revenue guidance to roughly $8.53 billion.
“Palantir Technologies Inc. gave a forecast for full-year revenue that beat Wall Street's expectations, buoyed by surging demand for the company's data analytics tools.”
— Bloomberg -
first by The Times, 8d ago · also Seeking Alpha
1 more headline
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2 outlets first by Palantir IR, 8d ago · also CNBC · read ↗
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Palantir's US commercial revenue overtakes government revenue
U.S. commercial revenue jumped 148% to $984 million, surpassing U.S. government revenue of $953 million for the first time, a shift MarketWatch described as a turning point for the AI business model.
“The U.S. commercial business brought in more money than the U.S. government segment in the third quarter.”
— MarketWatch -
6 outlets first by Wall Street Journal, 8d ago · also SiliconANGLE, Dow Jones Newswires, Yahoo Finance, Bloomberg, WSJ US Business · read ↗
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first by MarketWatch, 8d ago
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Palantir, $PLTR, earnings: - EPS: $0.44, est: $0.41 - Revenue: $2.31 billion, est: $2.18 billion
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Analysts debate how far Palantir stock could move on earnings
Pre-earnings coverage highlighted traders' expectations for a large post-earnings price swing and divided analyst views on Palantir's stock trajectory into 2027.
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first by Coinpedia Fintech News, 8d ago
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first by The Motley Fool, 8d ago
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- 2 days quiet
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Wall Street splits on Palantir's valuation ahead of earnings
Ahead of the Q3 report, coverage described strong demand signals for Palantir's software alongside persistent concerns that the stock's valuation had run far ahead of fundamentals.
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first by Channel NewsAsia, 8d ago · also Reuters
1 more headline
- Palantir expects quarterly revenue above estimates on strong AI demand Channel NewsAsia · 8d ago
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1 outlet first by Yahoo Finance, 8d ago · read ↗
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Also covered reported alongside — the timeline has no entry for these yet
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first by The Globe and Mail, 8d ago · also Investing.com News, Motley Fool
2 more headlines
- Why is Palantir Technologies stock sliding today? Investing.com News · 8d ago
- Why Palantir Technologies Stock Crashed Today The Globe and Mail · 7d ago
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first by The Globe and Mail, 8d ago · also Motley Fool
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1 outlet Palantir Technologies (NASDAQ:PLTR) reports bullish Q3 2026, full-year sales guidance is optimistic
first by The Globe and Mail, 8d ago
1 more headline
- Palantir (PLTR) Q3 2026 Earnings Call Transcript The Globe and Mail · 8d ago
and 15 smaller pieces
What people are saying 4 voices from 1 site · best of 8 · verbatim
- Nov 3
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They’re doubling annually while maintaining margins. They also aren’t spending billions on AI. Seriously what are you smoking?
- Nov 2
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Peter Thiel borrowed learnings from developing fraud detection at PayPal and tried to apply it in other scenarios.
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We are not pushing our representatives hard enough to pass laws to ban such business, we are really the ones to blame
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Wow. Send this reply to Hollywood, PSKY will greenlight it in 2 blinks of a murderbot's oculi